As the blockchain and GameFi industries evolve, so do the strategies to secure and enhance the utility of digital assets. The transformation of $DERC into $ZERC exemplifies such progress, aligning with the rebranding efforts of zkRace (formerly DeRace).
This transition is not just a change in token nomenclature but a significant enhancement in both security and functionality that benefits the entire ecosystem.
$DERC Transforms into $ZERC
In alignment with our rebranding, $DERC tokens will be swapped into $ZERC tokens on a 1:1 basis, maintaining the total supply and other fundamental attributes. Additionally, this transformation strengthens the security of our native token by introducing an extra layer of protection as well as providing additional token utilities.
Immediately following the token swap, new bridges (to BNB and Polygon chains) as well as LP staking farms will be released.
Enhanced Token Security
With the transition from $DERC to $ZERC, there comes a crucial upgrade in security measures. zkRace is integrating the advanced Lossless Aegis solution to bring next-level security to the $ZERC token.
This state-of-the-art system enables continuous monitoring of token contracts for any suspicious activities, allows for preemptive actions against potential exploits, and ensures comprehensive security across the board.
Enhanced $ZERC Token Utility
The utility of $ZERC extends beyond just being a token; it is deeply integrated into the zkRace ecosystem.
$ZERC will soon be taking over $DERC as the sole currency for all in-game transactions, including purchases in the upcoming zkRace marketplace.
Additionally, $ZERC will also serve as the gas fee for GameFi projects utilizing the zkRace layer 2 zk-rollup Validium solution, further embedding its use in essential gaming operations.
Moreover, $ZERC holders will also enjoy early access to new releases within the W3Forge — studio behind zkRace — ecosystem.
What’s Next?
The final details of the $DERC to $ZERC swap are in the process of being finalized, with the swap dates soon to be announced. This pivotal update will provide existing token holders and the broader gaming community with a more secure and utility-rich token.
The transformation from $DERC to $ZERC marks a significant advancement for the zkRace ecosystem, enhancing both the security and functionality of our native token.
More information on token swap will be released shortly, make sure to await official instructions and timeline for swapping $DERC to ZERC.
DO NOT SWAP THE TOKEN NOW!
About zkRace
zkRace (formerly DeRace) is both the front-running NFT horse racing game and the world’s 1st cutting-edge zk-rollup infrastructure tailored for GameFi and soon powered by $ZERC token.
zkRace is more than just a game; it’s a paradigm shift in the Web3 gaming space at large. As we embrace our newfound identity and broader mission, we invite you to join us on this groundbreaking journey.
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