Zenlink Tokenomics and Utility

Published on: 12.10.2021
Zenlink Tokenomics and Utility

Zenlink announced the release of the Zenlink Tokenomics Lightpaper, which introduces the Zenlink Network architecture, ecological participants, Token utility, network economic mechanism, and Token distribution.

As an important protocol layer project in the Polkadot DeFi stack, Zenlink will play a key role in connecting the huge liquidity of the Polkadot DeFi ecosystem, such as helping parachain projects to deploy DEX and achieve liquidity sharing with one click, linking all DEX aggregation liquidity on the Polkadot. To achieve this vision and provide valuable protocol, products, and services for the community, we need to coordinate various Zenlink Network eco-participants to jointly participate in the network and design a reasonable incentive model as well as an eco-economic self-loop system.

🔹Therefore, Zenlink Tokenomics Lightpaper will contain the following elements.

  • Zenlink Overview: Zenlink network architecture components and their individual interpretations.
  • Network Ecological: Introduction to the five main types of participants within the Zenlink Network Ecology.
  • Token Utility: Multiple application values of ZLK, including transaction fee discounts, staking, governance, etc.
  • Economic mechanism: The economic mechanism and value distribution designed to ensure the healthy cycle of the whole ecological economy, including liquidity mining, transaction mining, collection and distribution of transaction fees, buyback mechanism, design of staking pool, and DAO treasury, etc.
  • Token Distribution: Distribution and flow rules for the ZLK (Zenlink network token), including maximum supply, the distribution ratio of Kusama network and Polkadot network, overall distribution status, token unlocking rules, and release curve.

About Zenlink

Zenlink is an underlying cross-chain DEX protocol based on Polkadot and is committed to becoming the DEX composable hub of Polkadot. 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. Zenlink DEX Protocol includes Module, WASM, and EVM implementations, which are flexible and adaptable, allowing for customizable compositions and interoperability with different DeFi modules.

📰 INFO

https://medium.com/zenlinkpro/introducing-zenlink-tokenomics-and-utility-2a46f8ff3850

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