Zenlink Enters Strategic Partnership with Bifrost，Airdrop 1000 ZLK+1000 BNC to 100 winners
Zenlink, a cross-chain DEX protocol building on Polkadot, enters strategic partnership with Bifrost, a DeFi Protocol on Polkadot, with an aim to promote the development of the Polkadot ecosystem together. In the future, the two sides will conduct in-depth cooperation around the Polkadot dex network and staking liquidity, including the provision of technical support, community cooperation, ecological construction, market expansion, and so on.
As Polkadot Lease Offering (PLO) is approaching, the liquidity of the staking KSM or DOT on the Polkadot network becomes very prominent. As a solution to improve the liquidity of bonding assets, Bifrost has launched a derivative vToken for Staking and PLO. With the official release of Rococo V1, Zenlink will be the first to explore cooperation with Bifrost on Rococo V1 to optimize vToken’s trading experience by integrating Zenlink DEX Module.
To celebrate the strategic partnership and give back to both communities, Zenlink and Bifrost have launched a giveaway on Twitter where 1000 ZLK + 1000 BNC will be dropped to 100 winners and you can visit:https://gleam.io/competitions/x75QS-zenlink-bifrost-giveaway to complete the task to win.
About Bifrost
Bifrost is the DeFi project for PoS tokens, which include both staking and liquidity. It is developed based on Substrate and built on the Polkadot network. As a DeFi project in the Polkadot ecosystem, Bifrost users can swap PoS Tokens into vTokens through the Bifrost Protocol at any time to obtain Staking rewards and liquidity. Getting rewards from the first day, without any locking periods. BNC is Bifrost native token.
vToken can optimize transactions in multiple scenarios such as DeFi, Dapp, DEX, etc. When vToken is used as collateral for lending, its staking income can offset part of the interest and realize low-interest borrowing.
With vToken you can hedge the risk of locked positions, DeFi & Staking double rewards, and leverage Staking and other application scenarios.
About Zenlink
Zenlink is committed to building a new generation cross-chain DEX network. By integrating the Zenlink DEX Module, Zenlink can enable parachains to access DEX capabilities and share liquidity with other parachains quickly; Zenlink DEX aggregator can link all DEX DApps on Polkadot. Users can not only complete the exchange easily and quickly but also enjoy a low slippage transaction experience. ZLK, Zenlink native token, provides a fair and transparent governance mechanism and reasonable value capture methods, which can be used to motivate ecosystem users to participate in network development for a long time.
Zenlink is an important member of the Polkadot ecosystem and is sponsored by the Web3 Foundation. For now, two grants have been delivered successfully.
For more information, please join our community：
Website: https://zenlink.pro/
Whitepaper: https://github.com/zenlinkpro/whitepaper
Twitter: https://twitter.com/zenlinkpro
Medium: https://medium.com/zenlinkpro
Telegram CN：https://t.me/ZenlinkPro_CN
Telegram EN：https://t.me/ZenlinkPro_EN
Wechat Official Account：Zenlink
