Curve Finance to Release on zkSync's Mainnet Next Year
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Curve Finance Has Second-Highest Trading Volume
The Curve Wars, a series of decentralized finance (DeFi) breakthroughs that took place this past year, were greatly influenced by Curve. It has so far developed a viable strategy for encouraging liquidity to diverse ecosystems and protocols. According to DeFiLlama, it presently has the second-highest trading volume position across the whole DeFi, trailing only Uniswap.
According to Curve CEO Michael Egorov, ZkSync has solved the Ethereum scalability issue with their EVM-compatible Layer 2 solution.
Introduction of User-Friendly Apps on zkSync
Egorov said that this implementation might enable developers to produce more secure, affordable, and user-friendly apps on zkSync, along with the advantages of Curve's liquidity incentivization. During the Fair Onboarding Alpha phase, when protocols can begin to be added to the network, Curve will commence being built upon zkSync.
The use of zero-knowledge proofs for sustainability and privacy in a ZK rollup is a recent development. In contrast to previous scaling techniques for Ethereum, zero-knowledge proofs depend on cryptographic mathematics for security rather than the third parties used in the Optimistic rollup paradigm.