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Author Topic: [ANN][ZENLINK] Cross-chain DEX protocol for better composability DEX on Polkadot  (Read 471 times)
RuOm02 (OP)
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July 24, 2022, 06:10:15 AM
Last edit: August 28, 2022, 05:52:56 PM by RuOm02
 #1


Zenlink is a basic DEX cross-chain protocol based on the Polkadot network, which aims to create a highly scalable next-generation DEX cross-chain network. By integrating the Zenlink DEX module, the project allows parachains to easily and quickly access all DEX capabilities and share liquidity with other parachains. Zenlink DEX Aggregator can link all DEX decentralized applications on Polkadot, it's like Curve + 1inch in one bottle. In simple terms, Zenlink is a DEX through which any parachain can deploy its own internetworking DEX, which provides users with the ability to easily and quickly exchange with low slippage.

Zenlink consists of:

● Zenlink Protocol: Upper layer unified general DEX protocol.
● Zenlink DEX module: is a module that allows parachains to integrate to exchange liquidity with other DEXs on other parachains.
● DEX Aggregator: Easy and convenient entry into the world of DEX, which is compatible with almost all DEX on Polkadot, with which users can do a couple of clicks, perform an operation with DEX with low slippage.
● Zenlink Token (ZLK): Zenlink DEX protocol token, which is used for administration, liquidity.
● Zenlink DEX Network: A decentralized exchange network consisting of the Zenlink DEX module, Zenlink DEX aggregator and other DEX applications on parachains.
 
Zenlink has already received support from major investment funds such as Alameda, HashKey Crypto, Okex Blockdream Ventures, IOSG Ventures, D1 Ventures, Continue Capital, Youbi Capital, SNZ Holding.  
 
  
Zenlink received two grants from the Web3 Foundation:

● The first of them was awarded for the development of a prototype cross-chain module for the Polkadot network. More details can be found here - https://medium.com/zenlinkpro/zenlink-receives-web3-foundation-grant-to-develop-cross-chain-dex-module-prototype-for-polkadot-c19bae267b10

● The second for the implementation of the WASM smart contract - https://medium.com/zenlinkpro/zenlink-dex-smart-contract-is-open-source-9b0b9e0ebfa2

 

Tokenomics
 

Community: 50%

● Trade mining: 15%, non-linear unlocking
● Mining liquidity: 25%, non-linear unlocking
● DAO: 5%, will be used upon request to cover development costs. Supervised by the community and Zenlink team.
● Community Incentives: 5%, which are used to reward active ZLK community members and parachains who integrate the Zenlink DEX module.
 

Early investors: 26%:

● Seed round: 7%, linear unlock every 3 months, 1/8 unlock every time
● Angel investors: 11%, linear unlock every 2 months, 1/8 unlock every time
● Series A: 8%, linear unlock every month, 1/8 unlock every time
● Command: 20%, linear unlock every 3 months and release after 24 months (no unlocking during the first 2 months after launch).
● Foundation: 4%, reserved, no unlock plans yet.


 Zenlink works with many big companies such as Math Chain, Chainlink, Web3 Foundation, Bitfrost, Plasm Network, Phala Network, Darwinia, OpenOcean, Sakeswap, Bondly.
 
Zenlink DEX DApp: https://dex.zenlink.pro/    
Twitter: https://twitter.com/ZenlinkPro
Website: https://zenlink.pro/
Wiki: https://wiki.zenlink.pro/
Github: https://github.com/zenlinkpro
Medium: https://medium.com/zenlinkPro
Whitepaper: https://zenlink.pro/en/whitePaper
Tokenomics: https://wiki.zenlink.pro/resources/tokenomics
Discord: https://discord.gg/8q75ZfUE8h
Zenlink Branding Resources: https://drive.google.com/drive/folders/1eayLasEbZP5KkP02BbrKhec2orTF2D2G
Coinmarketcap: https://coinmarketcap.com/ru/currencies/zenlink/
RuOm02 (OP)
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July 24, 2022, 06:37:02 AM
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RuOm02 (OP)
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July 25, 2022, 03:08:46 PM
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1 day before the launch of Zenlink on the Astar network!

Get ready for farming!

4 pool ( $USD + $USD+ $BAI + $DAI )
$ASTR/ $USDC
$ASTR/ $DOT
$ASTR/ $ZLK (download first)
 
https://twitter.com/ZenlinkPro/status/1551510119514484737
 
RuOm02 (OP)
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July 25, 2022, 03:15:49 PM
 #4

We are pleased to announce our partnership with Astrid DAO!
 
The leading stablecoin protocol in the Astar network

We will work together to drive the growth of the Star Network and provide the community with more diverse DeFi products!

https://twitter.com/ZenlinkPro/status/1551527311920418816
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July 26, 2022, 08:28:13 AM
 #5

Interaction with Celer Network Bridge!

 https://twitter.com/ZenlinkPro/status/1551814606384799744?s=20&t=xm2BouxcG8eQGCmUVuLcVA

 We are glad to have Celer Network Bridge to provide us with bridging support

Users can now transfer ZLK between Moonbeam Network and AstarNetwork as well as bridge assets from other blockchains to Astar Network via http://cbridge.celer.network
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July 26, 2022, 10:08:56 PM
 #6

Zenlink is now on Astar Network!

https://twitter.com/ZenlinkPro/status/1551878144692736000?s=20&t=yYFosTjA7rFe-wmVRs9-0g

Farming & Bootstrap is now available, check out these juicy pools and don't miss out on a fantastic opportunity to earn rewards in ASTR and ZLK!
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July 26, 2022, 10:12:45 PM
 #7

A quick summary of the 5 hours launched on AstarNetwork


- $ZLK/ $ASTR Bootstrap has reached the minimum target provision (now 19 hours from the end)
- TVL reached $1.4M and continues to grow

That's not easy in a bear market, so let's see what happens next
 
https://twitter.com/ZenlinkPro/status/1551950280014516224
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July 27, 2022, 10:54:46 PM
 #8

AMA with Astar Network and AstridDAO, hosted by Astar Space Labs

More Info

Date: July 28, 1PM UTC (This Thursday)
Speaker: Leo Guo (Co-founder of Zenlink), Matt (AstridDAO Community Leader)
Moderators: ape.astr (SpaceLabs Community Leader)
Venue: Astar Discord (https://discord.com/invite/Z3nC9U4)

Join us for an up-close conversation with the project builders and post your questions in the Astar Discord.

Be a part!

https://twitter.com/ZenlinkPro/status/1552210181890576384?s=20&t=7jQdjBWvtvpetjkqbXW3HA

 
RuOm02 (OP)
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July 27, 2022, 11:12:05 PM
 #9

The ZLK/ASTR Bootstrap on AstarNetwork has ended and farming is open
 
 You can now claim your rewards and LP tokens at https://dex.zenlink.pro/#/bootstrap/list (check "Ended"), then stake LP tokens to the farming pool to keep earning $ZLK and $ASTR rewards.

Farming now - https://dex.zenlink.pro/#/earn/stake
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July 27, 2022, 11:21:24 PM
 #10

We achieved $2M+ TVL on the 1st day of launch on AstarNetwork

Calling all Zenlinkers, Astridians, and Dotsama fam to note that we have some juicy pools here

4pool - 30% APR
ASTR/USDC - 46% APR
ASTR/DOT - 62% APR
ASTR/ZLK - 81% APR

Ape in - http://dex.zenlink.pro
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August 09, 2022, 02:22:44 PM
 #11

Zenlink Monthly Recap - July

Launches on Astar Network and partners with AstridDAO & Celer Network
Stable AMM protocol (Substrate version) has been delivered to PeckShield for audit
Updated UI&UX and completed $ZLK buyback and burn


Read on:
https://medium.com/zenlinkpro/zenlink-monthly-updates-july-2022-7469e4406ca2
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August 10, 2022, 06:02:42 AM
 #12

Earlier this month Zenlink became the top TVL performance project in the last 7 days.
This is quite impressive, but there are a few things to note. The trading volume of the ZLK token is very small and the token price is constantly falling. Will the team do anything to increase the trading volume in the market?
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August 12, 2022, 09:43:17 AM
 #13

We have officially been accepted into AstarNetwork's Builder's Program and you can now stake $ASTR on our project as part of Astar's #Build2Earn initiative!  

 

Click the link to learn how dApp staking works & to begin dApp staking:

https://zenlinkpro.medium.com/zenlink-joins-astars-build2earn-program-9db99aa4617a
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August 12, 2022, 09:46:59 AM
 #14

Earlier this month Zenlink became the top TVL performance project in the last 7 days.
This is quite impressive, but there are a few things to note. The trading volume of the ZLK token is very small and the token price is constantly falling. Will the team do anything to increase the trading volume in the market?

 Yes, team is doing burning and the price with the new bull cycle will go to ATH)
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August 15, 2022, 12:47:03 PM
 #15

The $ZLK staking on bifrost_finance is back online and switched to long-term farming

 https://dex.zenlink.pro/#/earn/stake

We now have the full long-term farms on Bifrost, next expect the launch of the #Substrate version of Stable AMM!

 
https://twitter.com/ZenlinkPro/status/1559120049683984385
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August 22, 2022, 04:51:39 PM
 #16

Announcing the Zenlink DEX contract upgrade and liquidity migration on Moonriver and Moonbeam Network will be launched on August 23rd at 8:00 AM (UTC)

 

 This will further enhance the protocol and prepare for the upcoming governance, learn more: https://medium.com/zenlinkpro/announcing-zenlink-dex-contract-upgrade-and-liquidity-migration-f99f08837b34
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August 24, 2022, 06:28:32 PM
 #17

The Zenlink DEX contracts on Moonriver and MoonbeamNetwork have been upgraded and liquidity migration is now LIVE!

 

Migrate your liquidity and re-farming in one click here - https://dex.zenlink.pro/#/migrate

Learn more about liquidity migration and tutorials - https://twitter.com/ZenlinkPro/status/1561999186257936384
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August 28, 2022, 05:42:55 PM
 #18

Migration of liquidity to Moonriver and Moonbeam in progress
 
Migrate your liquidity now https://dex.zenlink.pro/#/migrate

 

More information and user guide here: https://link.medium.com/fbnGQmUtPsb

Check out the infographic from the community
 
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August 29, 2022, 05:34:37 PM
 #19

Substrate version of Stable AMM Status: Passed security audit

 

 The audit report will be released tomorrow. 

 https://twitter.com/ZenlinkPro/status/1564200325472391168 
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August 30, 2022, 11:24:05 PM
 #20

The Stable AMM on Substrate has passed PeckShield's security audit

It is expected to launch on Bifrost soon, stay tuned for more details!

Read the full audit report https://github.com/zenlinkpro/zenlink-security-audit

Twitter Announcement: https://twitter.com/ZenlinkPro/status/1564575698206875648?s=20&t=YWRVpuxeMmJhyaZCQY58ww
 
 
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