Zenlink Network Token (ZLK)

Zenlink Network Token (ZLK) is the native token of Zenlink, a decentralized exchange (DEX) protocol built on Substrate, designed for cross-chain asset trading. According to zenlink.pro, Zenlink aims to establish a comprehensive and user-friendly DEX infrastructure for the Polkadot ecosystem and beyond. ZLK serves multiple functions within the Zenlink network, including governance, staking, and incentivizing liquidity providers. By participating in governance, ZLK holders can influence key decisions related to the development and direction of the protocol. Staking ZLK allows users to earn rewards while contributing to the security and stability of the network. Furthermore, ZLK is used to incentivize liquidity providers, encouraging them to contribute assets to the DEX and facilitate seamless trading experiences. Zenlink's cross-chain capabilities enable users to trade assets from various blockchain networks in a decentralized and permissionless manner. The protocol utilizes a shared liquidity pool model, allowing multiple parachains and blockchain networks to share liquidity and benefit from increased trading volume. Zenlink aims to provide a seamless and efficient trading experience for users, regardless of the underlying blockchain. The project focuses on scalability, security, and interoperability, striving to create a robust and reliable DEX infrastructure for the evolving DeFi landscape. Zenlink distinguishes itself by focusing on cross-chain compatibility within the Polkadot ecosystem and offering a range of features designed to enhance the trading experience. The vision is to create a interconnected and liquid DeFi environment that benefits all participants. By providing a versatile and user-friendly DEX platform, Zenlink aims to contribute to the growth and adoption of decentralized finance. Zenlink continues to develop new features and integrations to expand its reach and utility, aiming to become a key player in the cross-chain DEX space.