Moonriver<>Moonbeam bridge for ZLK is available and ZLK Farming on Moonbeam is activated
Today, Zenlink has been live on Moonbeam for two weeks and the first LP farming rewards are already available for claiming, so we can’t wait to provide the community with more. In this article, we’ll show users how to claim farming rewards, how to participate in ZLK farming on Moonbeam, and how to bridge ZLK from Moonriver to Moonbeam. Let’s go!
Claim Farming Rewards on Moonbeam
The first farming rewards on Moonbeam are available for claiming one by one and you can follow these steps to claim your rewards.
Step 1: For PC, visit Zenlink DEX and click on “Earn” in the right menu bar, find the “Staking” sub-page or go directly to https://dex.zenlink.pro/#/earn/ stake and connect the wallet to the Moonbeam network
Step 2: Find the farming pool where you staked your LP tokens and click “More” on the right to access the dashboard
Step 3: Click on “Claim” in the dashboard to claim your farming rewards to your wallet (requires GLMR for the gas fee)
Participate in ZLK Farming on Moonbeam
With the farming rewards being issued, it means that ZLK is TGE on Moonbeam, so we will launch a ZLK liquidity incentive program to provide DeFi gains to ZLK holders.
Like Moonriver, ZLK farming on Moonbeam will also use Zenlink Farming v2 and will follow the same rules, here are more details about the ZLK farming pool.
Rewards calculation formula: actual rewards users can earn per block = (number of users staked tokens / total number of staked tokens) * reward release rate
Rewards Claim: users can claim rewards once in each reward interval, please refer to the countdown displayed on the front end of Zenlink DEX for the specific time to claim rewards.
Note: Since the initial ZLK/anyUSDC and ZLK/GLMR pools do not have enough liquidity and the price impact of the swap is very high, we strongly remind users to be cautious about using the single token mode to supply liquidity to the pools.
Please follow the risk warning on the single token mode adding liquidity page, if you ignore the warning you may lose your funds due to the huge price impact.
Bridging ZLK from Moonriver to Moonbeam
As you know, ZLK is distributed on both Moonriver and Moonbeam, and in order to make it easier for the community to use ZLK on both parachains, we have supported bridging ZLK from Moonriver to Moonbeam with the support of MultiChain. The following tutorial will guide you on how to quickly transfer your ZLKs between Moonriver and Moonbeam.
Step 1: Visit https://app.multichain.org/#/router and connect to the wallet, making sure you are currently on the Moonriver network.
Step 2: In the From column, select the source chain as Moonriver Network and the transfer token as ZLK, and in the To column, select the target chain as Moonbeam Network. (Normally, when you select the source chain as Moonriver and the transfer token as ZLK, the target chain will be Moonbeam network by default, no manual configuration is required)
Step 3: Input the transfer amount, confirm it is correct and click Approve, wait for Approve to finish, and click Swap.
After waiting 10–30 minutes, you will receive the corresponding ZLK balance on Moonbeam and will be able to do ZLK/anyUSDC & ZLK/GLMR LP farming on Moonbeam. Similarly, it is the same process to cross-chain ZLK from Moonbeam to Moonriver, just try it!
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