AztecNetwork Layer 2 Ecosystem l DEX Zk.Money Big Potential AirdropΒ πŸ””

Today we're going to take a look at the AztecNetwork project with a lot of potential for early adopters, so we're here to grab this opportunity πŸ‘€

Project has one DEX ZkMoney on which we will operate, feel free to read article πŸ“œ πŸ”°

  • 1. What is Aztec Network

  • 2. Key Features and Funding

  • 3. Tasks on ZkMoney Mainnet & Testnet

  • 4. Conclusion

1. What is Aztec Network

Aztec Network is the first private ZK-rollup on Ethereum, enabling decentralized applications to access privacy and scaling. The Aztec Rollup is secured by its industry-standard Plonk command mechanism, used by leading Layer0 scaling projects.

Aztec believes that decentralization is based on individual rights. Without widely available privacy, we compromise our ability to choose how we conduct our lives and earn a living.

All ZK Rollup Projects
All ZK Rollup Projects

2. Key Features and Funding

  • Programmable privacy layer for web3

  • Strongly focuses on privacy.

  • Uses Zkrollup, which reduces transaction costs.

  • Allows users to access world-class defi with maximum cost savings on the ETH network

December 16th, 2021
December 16th, 2021

Aztec Network through Paradigm, has raised $17 million in Series A funding to bring programmable privacy to Web3, backed by a_capital, Ethereal Ventures, Libertus Capital, Variant Fund, Nascent, IMToken, Scalar Capital, Defi Alliance, IOSG Ventures, ZK Validator, Anthony Sassano, Stani Kulechov, Bankless, Defi Dad, Mariano Conti, Vitalik Buterin.

Series B funding of 15 December , led by a16zcrypto amounted to 100m πŸ‘€
Series B funding of 15 December , led by a16zcrypto amounted to 100m πŸ‘€

3. Tasks on ZkMoney Mainnet & Testnet

We are now moving on to the tasks available on one of the AztecNetwork project, it is the DEX Zk.Money. We will focus mainly on performing tasks on the Mainnet as it is already available, but it is worth leaving your mark also on the Testnet if you have not already done so. πŸ”Š

MAINNET ⬇️⬇️

  • Register an account on Zk.Money & deposit fund from ETH

  • Use DEX features like earn and trade ( trade is not available now but use when it will be in the future)

  • Withdraw & Send assets

  • Leave feedback on Aztec discord πŸ”Š #community-support channel

  • Sismo Badge

TESTNET ⬇️⬇️

  • Add Aztec Testnet chain

  • Faucet testnet tokens

  • Register an account on Zk.Money & deposit funds from ETH

  • Use DEX features like earn and trade ( trade is not available now but use when it will be in the future) πŸ”Š

  • Withdraw & Send assets

  • Leave feedback on Aztec discord πŸ”Š #community-support channel

Zk.Money is a Layer 2 privacy rollup which allows any Ethereum user to shield transactions and balances in DAI and ETH
Zk.Money is a Layer 2 privacy rollup which allows any Ethereum user to shield transactions and balances in DAI and ETH

Mainnet ⬇️⬇️

  • Enter Zk.Money DEX

  • Click on β€˜β€˜Shieldβ€˜β€˜ ⬇️⬇️

Zk.Money main page
Zk.Money main page

Register an account on Zk.Money

  • Click β€˜β€˜Retrieve Aztech address’’ => Sign transaction

  • Click β€˜β€˜Spending Key’’ => Sign transaction

  • Retrieve the spending key copy it and keep it safe πŸ”Š

  • Move to β€˜β€˜Next Stepβ€˜β€˜ ⬇️⬇️

Zk.Money Access
Zk.Money Access

Deposit fund from ETH

  • Choose your own username

  • Choose default speed for low fees πŸ”Š

  • Deposit minimum of 0.01+ ETH not less

  • Click β€˜β€˜ Register’’ and confirm transaction ⬇️⬇️

Zk.Money Access
Zk.Money Access

Now check transaction history

  • βœ”οΈ Single tick means the transaction is not settled only confirmed on blockchain

  • βœ”οΈ βœ”οΈ Double tick means transaction settled. ⬇️⬇️

Zk.Money Balance
Zk.Money Balance

Use dex features

  • Move to β€˜β€˜Earn’’

  • Choose any option ( Lido Example )

  • Click on earn and enter the amount & select min speed for low fees πŸ”Š

  • Click next and confirm the transfer the transaction will settle within 8 to 10 hours.

Zk.Money Earn
Zk.Money Earn
  • Submit GOOD feedback on Aztec discord on #community-support channel, ( not just a cool/good project, no problems etc. )

    https://discord.com/invite/aztec

    For projects, feedback is taken into account and often further rewarded πŸ”Š

Wait for updates, and follow their discord on #announcements channel to see when the trading section will be ready for use. πŸ”Š

Be regular on their discord many AMAs and another role-getting opportunity will be available soon. πŸ”Š

Sismo Bagde

For being an active user, you can also receive the Sismo Badge, with a minimum of 3 deposits playground.sismo.io

Connect wallet & claim Badge
Connect wallet & claim Badge

Testnet ⬇️⬇️

We need to add a new testnet network on our Metamask wallet, so move to:

Our MM wallet => Add a network manually => Use the data given below ⬇️

  • Enter the Aztec Testnet network details:

Network name: Aztec Testnet

RPC URL: https://aztec-connect-testnet-eth-host.aztec.network:8545

Chain ID: 677868

Currency symbol: ETH

Add Aztec Network
Add Aztec Network
  • Move to aztec-connect-testnet-faucet

  • Click β€˜β€˜ Sign in with Discord β€˜β€˜ => Confirm

  • Paste wallet adress => Confirm

  • Add DAI token: 0x6B175474E89094C44Da98b954EedeAC495271d0F

Aztec Faucet Tokens ETH/DAI
Aztec Faucet Tokens ETH/DAI

4. Conclusion

AztecNetwork another huge project recognised among major investors and the community in the cryptocurrency world.
As with most such projects, it is worth being active on their network if you want to give yourself the chance to be rewarded as an early adopter.

Well Done Pirates! πŸŽ‰ This is another article with us where is an opportunity to catch a potential huge airdrop πŸ’° 🎁

Looking for alpha projects? Join our Community on Guild.xyz, we hunt daily πŸ΄β€β˜ οΈ:
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