The Migration of CherrySwap and $CHE to zkSync Era

Dear Users

We are pleased to announce that CherrySwap has completed the migration & deployment on zkSync, which means that from now on, you will be able to access the features and services provided by CherrySwap on zkSync Era.

1. CherrySwap has completed the migration and deployment of the Liquidity pool, Farm, Swap, Vote, and the native token $CHE.

2. At zkSync Era block height 20210710, CherrySwap’s liquidity pools will start outputting $CHE, which are: CHE-USDC, CHE-ETH, ETH-USDC, and Vote (for CherryDAO). At the same time, the output of CherrySwap’s liquidity pools on OKT Chain (OKTC) will begin to gradually decrease until it reaches 0.

⚠️Please note that due to the inconsistent block production speed of zkSync Era and OKTC, the $CHE output on zkSync Era is 0.2467/block, and please refer to the specific parameters of each liquidity pool displayed on the front-end.

3. Please go to CherrySwap’s official bridge solution (https://bridge.cherryswap.net/#/ ) to bridge your $CHE to zkSync Era, the bridge fees for OKTC and BSC is 0.18OKT and 0.01BNB. We expect to complete the bridging work of $CHE within 3 months. Please bridge your tokens during this period. After 3 months, i.e. February 28, 2024, CherrySwap official bridge solution will stop working.

4. Due to the complexity of migration work, more functionalities will be gradually migrated following the progress. We believe that you will be able to access these features and services on zkSync Era in the near future. Please stay tuned for our future official announcements.

Thank you for your understanding and support!

CherrySwap Team

November 30, 2023