DERC to ZERC swap is fast approaching, only a few more days before May 21. ZERC token is ready to take the reins of zkRace ecosystem and go beyond that — to completely power the zkRace’s GameFi infrastructure.
DERC on Centralised Exchanges
DERC tokens which are deposited on the supporting centralized exchanges such as KuCoin, Gate.io, Crypto.com and Bitget will be swapped automatically and these CEXes have already initiated the process.
Announcements from CEXes on supporting DERC to ZERC swap:
Gate.io: https://www.gate.io/article/36587
Crypto.com: https://crypto.com/product-news/derc-token-rebrand
Bitget: https://www.bitget.com/support/articles/12560603809547
DERC in in-game wallets
DERC tokens which have been deposited within the in-game wallets will be swapped automatically for $ZERC on May 21, 10AM UTC.
48 hours before the swap, on May 19, 10AM UTC, all DERC deposits & withdrawals will be paused on www.zkrace.com to ensure we have the correct token balances and to help us prepare for the swap in advance.
There are few extra security measures that we will be taking to ensure the smooth and secure swap experience: we are setting maximum in-game wallet size to 10k DERC and we are also implementing a 24 hours withdrawal lock, after depositing tokens to in-game wallet.
DERC swap on platform
All other DERC tokens will be swapped to ZERC on our platform www.zkrace.com, for Ethereum, Binance Smart Chain and Polygon chains. The swap will go live on May 21 10AM UTC on www.zkrace.com.
To swap DERC tokens, you will have to press the “SWAP NOW” button and choose the network you want to exchange your DERC tokens on.
You will have to choose the DERC amount to swap for ZERC and press the “SWAP” button. After the transactions are completed, ZERC tokens will be automatically deposited to your wallet.
The swap does not have a deadline, DERC token holders can swap them any time after the swap opens on May 21.
ZERC is leading GameFi revolution
The swap is not just a change in a name, it’s a complete paradigm shift as zkRace (formerly DeRace) has crossed over from being a single-game into the Web3 infrastructure category.
ZERC is not only fully powering all the transactions within our front-running Web3 horse racing game but also zkRace’s world’s 1st cutting-edge zk-rollup-based infrastructure tailored for GameFi.
After more than 3,5 years of intense development efforts, zkRace has evolved from a single-game category to a vast Web3 infrastructure tailored for GameFi, while still maintaining the token supply of a Web3 game, which gives ZERC a significant advantage compared to other projects.
Main ZERC token stats
Total supply: Only 120M tokens
Vesting schedule: token fully unlocked
DERC to ZERC swap date: May 21, 10 AM UTC
Token contract:
ETH: 0xf8428A5a99cb452Ea50B6Ea70b052DaA3dF4934F
BNB: 0x9c47e503b2f497e9ad9f1c0dfa6bd9fd5456aa4e
Polygon: 0xe1b3eb06806601828976e491914e3de18b5d6b28
Swap supporting CEX’es: KuCoin, Gate.io, Crypto.com & Bitget
DERC to ZERC token swap has not yet started, DO NOT SWAP YOUR TOKEN YET.
Make sure to only follow the official zkRace communication channels for more details on the swap!
About zkRace
zkRace is both the front-running Web3 horse racing game and the world’s 1st cutting-edge zk-rollup infrastructure tailored for GameFi and 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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