ALL ABOUT ZENLINK’S SLOTVAULT

3 min readSep 2, 2021

Few days back Zenlink launched her SLOTVAULT. It has so far been very effective as it has been used by Manta network and other projects for their crowdloan.

Who or what is Zenlink?

Zenlink, an underlying cross-chain DEX protocol based on Polkadot and passionately is committed to become the DEX composable hub of Polkadot. This vision will be made possible by accessing the ultimate, open and universal cross-chain DEX protocol based on Substrate, Zenlink DEX Protocol enables all parachains to build DEX and achieve liquidity sharing in one click. The DEX Protocol includes Module, WSAM, and EVM implementations, which are flexible and adaptable, allowing for customizable compositions and interoperability with different DeFi modules.

Also, Zenlink DEX Aggregator connects all DEX DApps on Polkadot and aggregates liquidity, providing a low slippage trading experience for users. Zenlink DEX Composable Hub enables developers to access the Zenlink DEX Module to build their own unique DEXs, forming a DEX composable hub for the Polkadot ecosystem. Currently, Zenlink has received two rounds of Web3 Foundation Grants and investments from several well-known institutions.

UNVEILLING THE SLOTVAULT

The SlotVault is seen as a smart pool product created by Zenlink to support more parachain projects bidding slots and to meet the demand for more non-parachain projects to participate in PLO.

The SlotVault will gives a chance users to choose the allocation of funds according to the income rate to participate in the crowdloan of parachain projects so as to obtain multiple token benefits from the crowdloan sponsors and their supporting projects. It going to encourage more users to participate in parachain projects crowdfunding and this will further increase the success rate of parachain project bidding slots.

Zenlink will provide support for all parachain projects that join Zenlink SlotVault, and airdrop ZLK as incentives for all users who lock KSM/DOT through Zenlink SlotVault to support parachain projects in their slots bidding as an additional incentive.

Highlights of Zenlink’s SlotVault

Decentralized and Secure funds
PLO as mining and boosting your benefits
Achieving a win-win situation for all parties in the Polkadot ecosystem

Projects Zenlink is supporting with her SlotVault

Zenlink is set to provide a neutral platform for all Polkadot eco-projects and community users to participate in PLO, taking into account and maximizing the interests of all parties.

Also, Zenlink will also provide support for potential cooperation opportunities between projects within the Polkadot ecosystem, allowing for more healthy cooperation and jointly promoting the development of the Polkadot ecosystem.

For now these projects will have access to Zenlink SlotVault:

This is how to gain access to the SlotVault

Zenlink has made it really easy to gain acccess into her SlotVault. This can bve done by filling out the following form: https://docs.google.com/forms/d/e/1FAIpQLSdoQe0WGGjrFHJkDxZY08P-eItIT6fu5OwGVsl6q9h9qAOn4Q/viewform

You will be notified by email within 3 business days after the review. If you have any questions or suggestions, please contact apollo@zenlink.pro.