zkRace (ZERC) Token Swap Calculator
Calculate Your ZERC Airdrop
Enter your DERC holdings before the snapshot (May 13, 2024 at 16:00 UTC) to see how many ZERC tokens you received.
Enter your DERC balance above to calculate your ZERC airdrop amount.
About This Swap
The zkRace (ZERC) token swap happened on May 13, 2024 at 16:00 UTC.
Every DERC holder received exactly 1:1 ZERC tokens. No dilution occurred.
ZERC is now traded on exchanges like KuCoin and Gate.io starting May 28, 2024.
Quick Summary
- DeRace (DERC) migrated to zkRace (ZERC) on May132024 with a 1:1 swap ratio.
- The snapshot at 16:00UTC locked in airdrop eligibility; eligible holders automatically received ZERC.
- KuCoin and Gate.io handled the swap and opened ZERC/USDT trading on May282024.
- ZERC’s total supply is 120million, fully circulating, priced around $0.0258 with a market cap of $3.09M.
- The platform remains an NFT horse‑racing GameFi metaverse, now powered by ZERC.
When the DeRace project rebranded to zkRace (ZERC) is a GameFi token that powers an NFT horse‑racing metaverse on the Base blockchain.
Why zkRace Exists - From DeRace to ZERC
The original DeRace (DERC) launched as a niche NFT racing world where users could buy, breed, and race digital horses. Over time, the team chose to upgrade the underlying smart‑contract architecture, improve scalability, and align the brand with zero‑knowledge technology. The result was zkRace, a re‑branded token that keeps every horse, hippodrome, and race result intact while moving to a faster, cheaper contract on the Base network (contract0xa3a2…f049815).
DeRace Token Swap Mechanics
The swap was executed in three clear steps:
- Snapshot: On May132024 at 16:00UTC, the blockchain recorded every wallet holding DERC.
- Ratio: The team committed to a 1DERC=1ZERC conversion, meaning no dilution or loss.
- Distribution: At the close of the snapshot, the new ZERC tokens were minted directly to the same addresses.
Because the process was fully automated, holders did not need to submit any forms or pay gas fees - the airdrop landed in their wallets automatically.
How the Airdrop Played Out
Eligible participants received ZERC in the same wallet that held DERC before the snapshot. The airdrop was not a separate claim; it was bundled into the token swap. Users should see a credit of ZERC on May282024, the day KuCoin listed the pair.
Exchange Implementation Timeline
Two major exchanges synchronized their migration to minimize friction:
| Exchange | Action | UTC Timestamp |
|---|---|---|
| KuCoin | Opened ZERC/USDT trading | 2024‑05‑2810:00 |
| KuCoin | Enabled ZERC withdrawals | 2024‑05‑2909:00 |
| Gate.io | Provided swap support (same 1:1 ratio) | Concurrent with KuCoin |
Both platforms removed the legacy DERC token from their listings once the migration finished, preventing any accidental trading of the obsolete asset.
Tokenomics & Market Snapshot
Key figures as of October2025:
- Total supply: 120,000,000 ZERC
- Circulating supply: 100% (120M)
- Current price: $0.0258 (≈0.0000002295BTC)
- Market cap: $3,094,440 (fully diluted = current)
- 24‑h volume: $122,795 (≈1.09BTC)
- Blockchain: Base (EVM‑compatible)
These numbers show a modest but active market, with daily volume providing enough liquidity for most retail traders.
Comparison: DERC vs. ZERC
| Attribute | DeRace (DERC) | zkRace (ZERC) |
|---|---|---|
| Contract network | Ethereum (ERC‑20) | Base (EVM‑compatible) |
| Swap ratio | 1DERC=1ZERC | 1ZERC=1DERC (post‑swap) |
| Total supply | 120M (locked for migration) | 120M (fully circulating) |
| Primary use‑case | Gameplay fees, breeding | All in‑game transactions, staking, rewards |
| Security audit | None publicly disclosed | Hacken audit (2024) |
GameFi Mechanics - What You Can Do with ZERC
The zkRace ecosystem keeps the original fun: own NFT horses, breed new bloodlines, build a hippodrome, and race for prize pools. ZERC is the only token accepted for:
- Entry fees for races
- Breeding costs (paying for genetic traits)
- Purchasing new horses or land parcels
- Staking to earn passive rewards
- Referral bonuses and community challenges
Because the contract sits on Base, transaction fees are a fraction of Ethereum’s, making frequent gameplay affordable for smaller wallets.
Security, Audits, and Ratings
Trust is crucial in GameFi. The new ZERC contract underwent a comprehensive security review by Hacken in early 2024. No critical vulnerabilities were found, and the audit report was made public to the community.
Independent rating platform Bitget gave zkRace a score of 3.6 out of 5, citing solid utility, active development, and moderate market liquidity.
Frequently Asked Questions
When did the DeRace‑to‑zkRace swap happen?
What was the exact snapshot time?
The snapshot was taken at 16:00:00UTC on May132024. All wallets holding DERC at that moment were eligible for the automatic ZERC airdrop.
Do I need to claim the ZERC tokens?
No manual claim is required. The tokens were minted directly to the same address that held DERC, and they became visible on supported exchanges after May282024.
Can I still trade the old DERC token?
Both KuCoin and Gate.io removed DERC from their order books once the migration completed. Trading DERC is no longer possible on major exchanges.
What are the main uses of ZERC inside the game?
ZERC pays race entry fees, breeding costs, land purchases, staking rewards, and community challenge payouts. It is the sole on‑chain currency for all in‑game activities.
Is zkRace safe to invest in?
The contract passed a Hacken audit, and the project maintains active development. However, like any GameFi token, price volatility is high, so invest only what you can afford to lose.
Next Steps for Current Holders
If you still have DERC in a non‑supported wallet, you can manually send it to any exchange that listed the swap (KuCoin or Gate.io) and let the platform credit the equivalent ZERC. For those already holding ZERC, consider staking on the official zkRace portal to earn extra rewards, or dive into the breeding market to create high‑value horses.
Keep an eye on upcoming community challenges-zkRace frequently runs airdrop‑style contests that reward active players with bonus ZERC. Staying engaged not only boosts your in‑game earnings but also helps you stay informed about future roadmap milestones such as cross‑chain bridge support and enhanced NFT metadata.
In short, the zkRace airdrop was a clean 1:1 token swap that preserved every holder’s stake while giving the project a technical upgrade. The token now powers a thriving GameFi metaverse, and with solid market data and security backing, it’s positioned to grow alongside the broader NFT gaming sector.
They’re definitely hiding the real swap numbers, and we’re being fed a sugar‑coated press release. The snapshot timing feels too convenient, like a back‑door for insiders. Keep your eyes peeled for hidden fee structures.
Nice rundown of the ZERC migration! 🎉 The 1:1 ratio really simplifies things for holders, and the Base network cut the gas fees dramatically. If you keep staking, you’ll see those extra rewards stack up over time.
The token swap was a textbook example of how a game‑centric project can upgrade without alienating its community. First, the snapshot at 16:00 UTC on May 13 captured every wallet that held DERC, providing a clear eligibility cut‑off. Second, maintaining a 1:1 conversion ensured that no dilution occurred, preserving the economic balance for existing players. Third, the automatic minting of ZERC meant users didn’t have to claim manually, eliminating a common friction point in many airdrops. Fourth, the migration to the Base blockchain slashed transaction costs, making frequent in‑game actions like breeding and racing much more affordable. Fifth, the Hacken audit added a layer of credibility, showing that the new contract was vetted by a reputable security firm. Sixth, listing on KuCoin and Gate.io right after the swap gave immediate liquidity, so holders could trade without waiting weeks. Seventh, the total supply stayed at 120 million, fully circulating, which simplifies supply calculations for traders. Eighth, the market cap of roughly $3 million is modest but indicates a healthy niche community. Ninth, the daily volume of around $120 k provides enough depth for regular retail activity. Tenth, the ZERC token now powers every in‑game transaction, from race entry fees to breeding costs, consolidating utility. Eleventh, staking options on the official portal add a passive income stream for patient holders. Twelfth, the project’s roadmap includes cross‑chain bridge support, which could further expand the ecosystem. Thirteenth, community challenges continue to reward active participants with bonus ZERC, keeping engagement high. Fourteenth, the shift to zero‑knowledge tech positions zkRace for future scalability improvements. Fifteenth, the overall swap process was transparent, automated, and user‑friendly, setting a strong precedent for future migrations.
The operational rollout leveraged atomic swap primitives and leveraged Layer‑2 gas‑optimizations, thereby achieving near‑zero frictions during the token migration phase. Moreover, the back‑end telemetry confirmed zero‑latency settlement across both KuCoin and Gate.io venues.
Got my ZERC instantly after the snapshot.
Wow, the community really pulled together for this-, the swap was seamless, and, the support from the devs was on point,; the new token feels like a fresh start, and I’m excited to see where zkRace heads next!
The data metrics show a modest uptick in volume post‑swap, which suggests traders are testing the waters. Still, the liquidity depth remains shallow, so large orders could slip the price. Keep monitoring the order books for any unusual spreads.
People are overhyping the price action; remember it’s a niche GameFi token. The fundamentals haven’t changed dramatically.
The swap documentation is clear, and the audit report is publicly available for anyone who wants to dive into the technical details. If you’re new to zkRace, start by staking a modest amount to earn passive rewards while you get familiar with the platform.
The echange integration was sppedy, and the user experiance stayed smooth. Good job.
From a philosophical standpoint, the migration exemplifies a metamorphosis of digital assets, wherein the old identity (DERC) is transcended into a more efficient form (ZERC). 😊 The shift to Base aligns with a broader paradigm of scaling solutions within the blockchain ecosystem. One might argue that this reflects an emergent property of decentralized finance, where adaptability becomes a core virtue.
Wow, look at those numbers-$0.0258 per token, not that impressive but at least it’s not a crash. Honestly, the whole thing feels like a cash grab, but I guess the community will decide.
The token swap maintained full compatibility with existing NFTs, which preserves the value of already‑owned horses. This continuity is crucial for players who have invested time and money into breeding strategies.
It’s great to see the team prioritizing lower fees; that really opens the game to a wider audience. I’m planning to re‑invest my ZERC into breeding this weekend.
While the swap appears smooth on the surface, one must question whether the governance model truly represents the decentralized ethos many claim to uphold. The concentration of token holdings could still enable centralization of power.
The formal announcement delineated the exact timestamps and procedures, leaving little room for ambiguity. Such precision is commendable in the crypto space.
Nice work on the migration, and the lower gas costs should make daily play much more fun. I’m looking forward to trying out the new staking pools.
The audit indicates no critical vulnerabilities, yet one must remain vigilant for future exploits. Continuous monitoring is essential.
Sure, the swap was “smooth,” but the market still feels like a joke-prices bounce around like a rubber ball. Let’s see if real utility follows.
Staking is a low‑risk way to earn a bit extra while you wait for the next game update.
The token swap wasn’t groundbreaking, just a standard upgrade.
There’s a hidden agenda behind the Base migration; it’s all about consolidating power under a single layer‑2 provider. Keep questioning the motives.