Gate.io is going to commence Zenlink Network Token(ZLK) trading on Nov 25th, 202

About Zenlink Network Token(ZLK):

Zenlinkis an underlying cross-chain DEX protocol based on Polkadot and is committed tobecome the DEX composable hub of Polkadot. By accessing the ultimate, open, anduniversal cross-chain DEX protocol based on Substrate, Zenlink DEX Protocolenables all parachains to build DEX and achieve liquidity sharing in one click.Zenlink DEX Protocol includes Module, WASM, and EVM implementations, which areflexible and adaptable, allowing for customizable compositions andinteroperability with different DeFi modules.

Tokensymbol：ZLK

TokenContract: 0x0f47ba9d9bde3442b42175e51d6a367928a1173b（moonriver）

Website：https://zenlink.pro/

ZenlinkNetwork Token(ZLK)/USDT Trading starts: Nov 25th, 2021 11:00am UTC.

DepositZenlink Network Token(ZLK)at https://www.gate.io/myaccount/deposit/ZLK

TradeZenlink Network Token(ZLK) in USDT market via: https://www.gate.io/trade/ZLK_USDT

TradeZenlink Network Token(ZLK) in ETH market via: https://www.gate.io/trade/ZLK_ETH

Gatewill open an Automated Market Maker (AMM ) for ZLK, and launch an AMM"liquidity-mining" rewards. Users who provide market liquidity byinserting liquidity in will get rewards from liquidity pool transaction fee andGT token rewards from liquidity reward pool. High annual rate rewards withsecure.

AMMTrading Market and AMM Liquidity Mining

Gate.iohas launched a new version of the liquidity pool (centralized automated marketmaker (AMM) transaction service) on August 1st, 2021: allowing most of the newcurrency and non-mainstream currency markets to obtain the same liquidityadvantage as Uniswap, and allows users to enjoy the low-cost and high-qualityuser experience of the centralized platform. Gate.io will continue to adddifferent currencies, please pay close attention to follow-up announcements.

Therules for markets to upgrade to the Automated Market Maker (AMM) model are asfollows:

1)Fixed 0.3% commission fee for both Taker and Maker (temporarily consistent withUniswap, subject to the needs of both market parties)

2)A fixed percentage (such as 50%) of the transaction fee will automatically bechanged into GT through the open market and put into the AMM Reward Pool.

3)Anyone can become a liquidity provider (LP) and get the transaction fee rewardsfrom the liquidity pool and the GT rewards that are invested in the liquiditybonus pool.

4)Liquidity providers provide liquidity to the market, but they need to bear inmind the risk of impermanent losses. For example, if the market price doubles,the impermanence loss is about 7%, and if the market price drops back to theoriginal point, the impermanence loss disappears.

5)Liquidity providers can take bonus and withdraw at any time

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Gate.io Team

Nov 25th, 2021