ERC20 Tokens (zkSync)

    Q2. ZkSync is a scaling solution for Ethereum that is live on mainnet. Some of the main features of ZkSync are the extremely low transaction fees and trustless protocol design. You can read more about ZkSync here. Users can also deposit ERC20 tokens into ZkSync. Which ERC20 tokens have been deposited the most (in $ volume and total count) in the last 60 days? Visualize and explain both findings.

    Introduction to zkSync

    zkSync is a scaling and privacy engine for Ethereum. Its current functionality scope includes low gas transfers of ETH and ERC20 tokens in the Ethereum network, atomic swaps & limit orders as well as native L2 NFT support

    Capabilities
    • as a scaling solution, is capable of making transfers, and doing them quick and cheap.

    • zkSync is smart-contract friendly. Targeting 2021, it will be possible to either write contracts in Zinc, Rust-based type-safe programming language, or even reuse existing Solidity code.

    • zkSync is friendly for exchanges. Atomic swaps — an essential component of exchange protocols are already available on mainnet!

    • zkSync has native support of NFTs.

    • zkSync support is implemented for all the main platforms.

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    Most $ Volume

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    According to the USD value of the tokens deposited in the last sixty days in ZkSync, the ten tokens that had the highest deposit amount are shown in the first Chart. The USD volume of the first three tokens is over 10 million and there is a big difference with There are other tokens that are in the next ranks.

    The first three tokens are deposited in terms of USB volume

    1. USD
    2. WBTC
    3. USDT

    Chart 2 shows the average amount of deposit transactions based on USD for these ten tokens. We can see that the WBTC token has the highest average deposit amount.

    Most count

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    The top ten tokens in terms of the number of deposit transactions are obtained in the chart above. The number of deposit transactions performed in the top four tokens is very different from other tokens in the table.