Zora has injected $11 million in liquidity into the ZORA-USDC pool on Uniswap v3, comprising $10 million in $ZORA and $1 million in $USDC. This move, announced on November 19th, aims to enhance trading experiences and position $ZORA as a key currency in the attention economy. The liquidity will be locked for approximately three months, covering at least 3.888 million blocks, with transaction fees reinvested into the pool.
Zora emphasized that it will not actively manage or profit from this liquidity injection, ensuring transparency by disclosing all operations to the community beforehand. Currently, $ZORA is used in over 5.5 million markets, with more than 100 million ZORA tokens locked.
Zora Injects $11 Million Liquidity into Uniswap v3 Pool
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