Last year, ZilSwap was launched as the first DEX built on Zilliqa, allowing for permissionless trading of ZIL and ZRC-2 assets. Now, ZilSwap is releasing $ZWAP, a native governance token that empowers stakeholders to govern the protocol. $ZWAP holders can participate in on-chain voting to adjust protocol fees and make improvements. The distribution of $ZWAP tokens will occur in two stages. Stage 1 involves retroactive distribution to early users, testers, and builders. Stage 2 implements a liquidity mining program to reward liquidity providers and developers. Liquidity providers will receive rewards proportional to their pool weight and duration. Initial pools eligible for rewards include XSGD/ZIL, gZIL/ZIL, and ZWAP/ZIL. $ZWAP tokens can be claimed on ZilSwap by connecting your wallet via Zilpay or private keys. The release of $ZWAP token reflects ZilSwap's commitment to decentralization and paves the way for further protocol growth.