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Zenlink

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News

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What is Zenlink?

Zenlink — a core DEX internet protocol, based on Polkadot, and aims to be a composable DEX hub for Polkadot. With access to a definitive, open and universal Substrate-based cross-chain DEX protocol, the Zenlink DEX Protocol allows all parachains to create DEXs and provide liquidity distribution with a single click.

Contents:

Zenlink - a protocol for managing DeFi

Description of the Zenlink protocol

The Zenlink DEX protocol includes implementations of modules, WASM and EVM that are flexible and adaptable, allowing you to customize compositions and interact with various DeFi modules. In addition, Zenlink DEX Aggregator connects all DEX DApps on Polkadot and aggregates liquidity to provide users with low slippage trading. The Zenlink DEX Composable Hub allows developers to access the Zenlink DEX module to create their own unique DEXs, building a composable DEX hub for the Polkadot ecosystem..

Currently, Zenlink has received two rounds of Web3 Foundation grants and investments from several well-known organizations.Zenlink

Zenlink aims to help parachains in the ecosystem by offering them an easy way to implement dex functions. To provide teams with different ways to integrate dex functions into parachains, the team has created technical solutions for anyone building a complex decentralized exchange by using Substrate technology.

ZLK token

Zenlink's native token — $ZLK, which provides a fair and transparent governance mechanism and reasonable benefit methods to incentivize ecosystem users to participate in the long-term development of the network.

There are several ways to get ZLK:

1. Participate in giveaways, organized by Zenlink, and its partners. Zenlink has already launched several giveaways and all the prizes for the draws, held prior to the launch of Zenlink, have been given away.
2. By blocking DOT/KSM via Zenlink SlotVault to support Zenlink affiliate staking slots, the ZLK part of the distribution will be completed in this session. The advantage for users is the ability to receive both distributions of tokens from parachain projects, trading for slots, as well as distributions of ZLK.
3. Participate in ZLK liquidity mining, trade mining and invite to earn. 50% of ZLK tokens will be distributed to the community through liquidity mining, trading, etc.
4. Zenlink, as well as participate in the extraction of liquidity ZLK in the early stages.
5. Buy ZLK on the open market.

The team has no fundraising plans other than those needed to support the development of the project, so there is no public sale and will distribute ZLK tokens in a more equitable manner, such as through liquidity mining.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.