Zenlink Quarterly Digest: Q2 2023

Zenlink
Zenlink Foundation Ltd.
4 min readJul 5, 2023

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Zenlink is pleased to present you the Q2 digest of major news and updates.

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Technical Updates

Preface

Technical updates focus on the following branches: Zenlink DEX Protocol, DEX DApp, and Mega Aggregator.

Zenlink DEX Protocol is the underlying unified and universal cross-chain DEX Protocol, enabling parachains to have DEX functionality and quickly share liquidity with other parachains. Zenlink DEX Protocol includes Module, WASM, and EVM implementations, which are flexible and adaptable, allowing for customizable compositions and interoperability with different DeFi modules.

Zenlink DEX DApp is an interactive front-end product based on Zenlink DEX Protocol to facilitate users using cross-chain DEX without awareness.

Zenlink Mega Aggregator is designed to help users achieve optimal trading results across multiple chains and exchanges by combining off-chain computing and on-chain smart contracts. It will first launch on the Astar Network and then gradually transition to multi-chain.

1. Launched New APP with a New Domain

On May 17, the new Zenlink DEX DApp was officially launched, with a comprehensive upgrade of the user interface and user interaction to provide users with a fully decentralized DApp experience, and a new level of page loading speed and interaction fluency! And switch the domain to https://app.zenlink.pro/

2. Launched Zenlink Mega Aggregator V1

The Zenlink Mega Aggregator V1 was officially launched and deployed on the Astar Network and Arbitrum Network, providing users with integrated trading at better prices by seamlessly integrating the liquidity of the head DEXs.

3. Enabled Zenlink DEX DApp on Mobile

The new DApp and Mega aggregator are natively adapted for mobile and can be accessed and used on mobile wallets such as imToken, Nova Wallet, and SubWallet.

Community News

1. Scroll Early Ecosystem Adoption

Zenlink becomes a part of Scroll’s early ecosystem, with more details on expansion plans to be revealed later.

2. Buyback & Burn Completed

The 6th buyback&burn were completed, and a total of 325,019 $ZLK have been burned with buyback expenses of $8,100, check more details here.

3. Tanssi Network Early Ecosystem Adoption

Tanssi is building a new paradigm in application chain deployment and Zenlink will join Tanssi’s early ecosystem as an infrastructure module to provide the AMM module for DeFi builders to use on Tanssi.

4. $ZLK as Gas Fee

On May 24, Bifrost announced support for ZLK as the Gas fee for the Bifrost Kusama Network. You can toggle the token setting in the Bifrost app and switch gas to $ZLK if you do not have enough to pay transactions in $BNC.

5. Multichain Accident Statement

In late May, the community spread the word about an accident with Multichain, and since Zenlink had previously used Multichain for ZLK transfers between Moonriver and Moonbeam, the team issued a statement alerting community members and withdrawing liquidity on Multichain.

6. Nova Wallet Announces Support for Zenlink DEX DApp

On June 8, Nova Wallet announced that it has added the Zenlink DEX Dapp to the Nova Wallet DApp catalog.

7. Zenlink Mega Aggregator Deployed to Arbitrum

On June 12, Zenlink Mega Aggregator announced the official launch on the Arbitrum, offering seamless integration with Uniswap V2&V3, SushiSwap, Zyberswap V3, Trader Joe V2, Curve, and GMX.

Branding Events

1. Polkadot Hong Kong Meetup

On April 11, Zenlink attended the Polkadot Hong Kong Meetup (Polkadot 2023: Trends and Changes) with 20+ eco-projects. Our co-founder Leo Guo s a guest on a panel discussing how the crypto market can choose cross-chain protocols: #LayerZero, #IBC or #XCM.

2. Online Live Event Hosted by PolkaWorld

On April 28th, Zenlink participated in an online live event (Chinese community) hosted by PolkaWorld with the theme of “Polkadot Focus: Q1 Comprehensive Analysis and Parachain Project Update”.

Coming Soon

  • Upgrade to Zenlink Mega Aggregator v2 (Smart contract architecture upgrades in preparation for future expansion plans of Mega Aggregator)
  • Deploy Mega Aggregator to Moonbeam Network
  • Join Polkadot Decoded 2023 (Shanghai, China)
  • Research into next-generation DEX (based on Uniswap V4)
  • More to be revealed…

Learn more about Zenlink:

📍 — DEX DAPP | Website | Twitter| Github | Discord | Telegram EN | Telegram CN | Announcements Channel

📚 — Whitepaper | Tokenomics

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Zenlink
Zenlink Foundation Ltd.

Zenlink is a cross-chain DEX protocol based on Polkadot.