Zenlink Roadmap Update!
The roadmap update, and after much debate, today Zenlink present roadmap update with new energy!
What happened so far
Before we look ahead, Review with the community what they’ve done so far and some of the milestones.
The following is a list of key development milestones for Zenlink.
• Completed 2 rounds of public testing and received extensive community participation, which laid a good foundation for the Zenlink mainnet launch.
• Launching Zenlink SlotVault helped our partners bid for Kusama slots. Through Zenlink SlotVault they have raised a total of 82,000+ KSM for Calamari, Altair, Kintsugi, and Bit.Country Pioneer, and helped them win slots.
• Released Tokenomics and launched Zenlink on Kusama (integrated with Moonriver & Bifrost) and Polkadot (integrated with Moonbeam); TVL exceeded $100M within 48 hours of launch, TVL peaked at $150M, and total volume to date is over $700M.
• Release of audit reports as well as open source (in progress, to be completed soon)
These are just a few of the key milestones that Zenlink has accomplished in the past, in addition to the many great features the team has worked on, such as Smart Order Routing v1, Farming v2, X-Transfer v1, Limit Order Beta, and more.
Zenlink Roadmap Update
With Zenlink in its current position, They already have a good foundation, so the new roadmap will show users bigger vision and how to move forward step by step.
The vision is to be the user’s DEX gateway to the Web3 world. In the blockchain world where transactions are always in demand and DEX is inevitably the future, we believe that everyone deserves a great DEX transaction experience that is friendly, silky smooth, and seamless across multiple chains, and Zenlink has made it our vision and mission to make it easy for everyone to access to the Web3 world.
To achieve that vision we have designed this roadmap, which has several important components, and we will explain to you one by one why it is.
Part 1: Build Zenlink DexConnect v1
• Achieve Hybrid AMM
• Achieve Zenlink DEX SDK v1
With the rise of L1s and the emergence of more and more DeFi projects, the problem of fragmented liquidity has always plagued the DeFi market, so they wanted to build an open Zenlink DexConnect module to connect more fragmented liquidity so that when people use it, it is as easy as using “WalletConnect”. Specifically, they are building a hybrid AMM to enable a low-slippage, low-friction stablecoin trading experience that blends with standard AMM, while intelligently integrating same-chain/different-chain DEX liquidity through the DexConnect, making Zenlink an open multi-chain liquidity aggregation protocol.
Part 2: Build ZLK Matrix
• Launch ZLK Governance v1
• Launch Farming v3
• Launch Zenlink DAO NFT
They have noticed that ZLK is currently used in a single scenario and faces the problem of not capturing more network value to support the price, so they plan to build an economic matrix around ZLK, aiming to improve the TVL, funds loyalty, user trading experience and broaden the usage scenario of ZLK tokens. At the same time, we will initiate community governance to increase user participation and transparency in the network construction, and eventually gradually transition to decentralization. These measures will be interconnected and complementary.
Part 3: Upgrade network infrastructure to enhance user experience
• Enable Zenlink DEX DApp on Mobile
• Achieve X-Transfer v2
• Integrating More Parachains
With the development of Dotsama ecosystem, mobile wallet is undoubtedly the primary tool and entrance to Dotsama ecosystem for users. Zenlink DEX DApp will discuss and develop DApp interaction form with mobile wallet app that is suitable for Dotsama ecosystem so that mobile users can also get the experience of Dotsama ecosystem multi-chain interconnection. At the same time, Zenlink DEX DApp will be further evolved to be more decentralized and more suitable for mobile access. X-Transfer, which provides users with the easier transfer of Dotsama assets, will also be upgraded, and more parachians integration is on the way.
Part 4: Bringing composability and interoperability with more DeFi Modules
• Build at least one structured product
• Implement compositions with other DeFi modules (e.g. Privacy DEX)
Zenlink is not just for swaps, DeFi Lego is known for its composability, Zenlink will break the silos to compose and interoperate with more DeFi modules to maximize capital efficiency and meet the diverse needs of more users. Build structured products for advanced DeFi users, privacy DEX for institutions, and other privacy-conscious users for a one-stop experience to quickly dive into the Web3 world.
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.
