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LOOKS is the native token of the LooksRare NFT marketplace on Ethereum, used for staking rewards, platform fee distributions, and governance participation. Users often swap LOOKS when adjusting exposure to the NFT marketplace sector or when moving rewards out of the platform into other assets. Because LOOKS operates exclusively on Ethereum, all swaps route through the Ethereum network.
LOOKS runs solely on Ethereum, so always confirm that both your sending wallet and receiving address support the Ethereum network before initiating a swap — sending to a non-Ethereum address can result in permanent loss of funds. LOOKS has a fixed total supply of 1,000,000,000 tokens, meaning supply-side inflation is not a factor, but on-chain liquidity can vary given the asset's relatively low 24-hour trading volume. Ethereum network conditions, including gas price fluctuations, can affect how quickly your transaction is confirmed, so factor in potential wait times during periods of high network congestion. Before confirming on Zest, the rate and estimated output are shown in the widget, giving you a chance to review the exchange before funds leave your wallet.
Yes, Zest supports exchanging LOOKS into assets like ETH and major stablecoins. Available pairs and their rates are displayed in the exchange widget before you confirm the transaction.
LOOKS is an ERC-20 token, so you need a standard Ethereum (0x…) address for the receiving wallet. No memo or destination tag is required, unlike some other blockchain networks.
LOOKS can be staked on the LooksRare platform to earn trading fee rewards, which means some supply may be locked in staking contracts at any given time. This can influence available liquidity in the open market, potentially affecting exchange rates depending on broader market conditions.
Minimum amounts depend on the specific trading pair and prevailing network conditions. The exact minimum for your chosen pair is displayed in the Zest exchange widget before you confirm.
Zest does not require you to sign up or create an account for standard LOOKS swaps. The exchange is non-custodial, meaning you retain control of your funds throughout the process, though certain regulatory circumstances may prompt additional checks.