Zenlink, a cross-chain DEX protocol based on Polkadot, and Manta Network, a Polkadot privacy parachain, announced a strategic partnership to explore the field of “DeFi+Privacy” and to develop a DEX with privacy protection, providing practical use cases for “Polka DeFi Composability.”
With Manta Network’s zk-SNARK-based privacy protection technology, Zenlink will be able to provide privacy protection for all transactions generated on its DEX, bringing full end-to-end on-chain DeFi privacy protection services to users.
Meanwhile, Zenlink Slotvault will also be supporting Manta Network’s bid for the parachain slot. Zenlink SlotVault is a decentralized slot auction support application where community users will be able to support Manta Network’s parachain auction and crowdfunding through Zenlink SlotVault and receive additional ZLK (Zenlink Native Token) rewards.
About Manta Network
Manta Network is the on-chain privacy solution for blockchain assets build from the first principle. In short term, Manta will be a product that enables high-performance private DeFi transactions, such as FT/NFT transfer and AMM styled swap. In the long term, Manta will be the platform for privacy-preserving blockchain applications.
Manta’s founding team comprises many US cryptocurrency veterans, professors, and scholars whose experience includes Harvard, MIT, and Algorand. The advisors of Manta include Hypersphere Ventures co-founder Jack Platts, Polychain partner Tekin Salimi, former Web3 Foundation co-founder Ashley Tyson, and Consensys’ Shuyao Kong. Manta has previously completed a million-dollar seed round of financing led by Polychain and participated by Three Arrows Capital, Multicoin, Alameda, and Hypersphere. Manta is also a grant fund recipient of Polkadot’s official Web3 Foundation. Manta also is an outstanding member of the Substrate Builder Program and the Blockchain Accelerator of the University of Berkeley.
Zenlink is an underlying cross-chain DEX protocol based on Polkadot and is committed to become 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, WSAM, and EVM implementations, which are flexible and adaptable, allowing for customizable compositions and interoperability with different DeFi modules.
In addition, the Zenlink DEX Aggregator connects all DEX DApps on Polkadot and aggregates liquidity, providing a low slippage trading experience for users. Zenlink DEX Composable Hub enables developers to access the Zenlink DEX Module to build their own unique DEXs, forming a DEX composable hub for the Polkadot ecosystem. Currently, Zenlink has received 2 rounds of Web3 Foundation Grants and investments from well-known institutions such as Hashkey, IOSG, Continue, and Hypersphere.
Learn more about Zenlink