XLINK Season 3 Eligibility for Protocol Incentives

PProtocol/Project Name:
XLINK

Protocol Overview:
XLink is a crucial “Omni-chain Bitcoin Liquidity” connector within the Bitcoin ecosystem. The surge in Bitcoin Layer 2 solutions, alongside the emergence of synthetic BTC variants underline the urgent need for fungibility among these assets to prevent liquidity fragmentation.

Leveraging its unique hub-and-spoke architect, XLink stands as the foremost liquidity aggregator for all Bitcoin L2s. It integrates a cohesive liquidity pool through its aBTC, crucially bridging liquidity gaps in the increasingly diverse Bitcoin ecosystem.

MS Receiver Address:
Mode and Optimism MS: 0xDe8D1288bb0451a826c6fd2d4309c6A5ca7B276D

Distribution Confirmation:
We confirm that we will use Merkl to distribute the incentives received.

Incentive Impact Statement:
The incentive will encourage the XLINK users to use our bridge to bridge to Mode Network. This will help in making a co-harmonic relationship between our platform users and MODE network users to co-pollinate and explore each other.

Eligibility Criteria:

Mode Network is already integrated to our bridge,

Roadmap:
XLINK plans to continue integrating with more BTC L2s and become the main liquid aggregator for BTC L2s. We are also planning to work with more EVM chain to get EVM users into the ecosystem.

Partnership:
Currently XLINK is working with 10 different BTC L2s from Stacks, Core, Bsquare and more and currently have integrated with EVM chains like Mode, Arb, ETH, Aurora and Manta.

Community Engagement:
We plan to do more campaigns surrounding these events and will list them in the XLINK campaign page so our users will be able to participate in them and earn rewards for their work.

Contact Information:
Tg: @yuensid