zkLink Unleashes First Dunkirk Test to Enforce DeFi Safety Standard

• zkLink announces the first “Dunkirk Test”, a new DeFi safety standard, on May 11-13.
• The Dunkirk Test is a simulated shutdown of the zkLink infrastructure to test users‘ ability to recover their assets.
• ZKEX.com and fourteen other partners will host recovery nodes for users during the 72 hour period.

zkLink Announces First “Dunkirk Test”

Singapore-based multi-chain trading middleware zkLink has announced its first “Dunkirk Test”, a new DeFi safety standard taking place from May 11-13. This event will simulate a sudden shutdown of the zkLink infrastructure to test users‘ ability to recover their assets in case of an emergency.

What is the Dunkirk Test?

The Dunkirk Test is designed to be like a fire drill for crypto users and offers them an opportunity to learn how they can recover their assets if necessary. Vince Yang, co-founder of zkLink believes this could set a new benchmark for safety in the crypto industry and encourages other DeFi protocols to conduct similar tests in order to prove self-custody of user funds.

How To Participate

Users who wish to participate should join the campaign on Galxe.com and then trade on ZKEX’s testnet using free test tokens until May 10, which is the day before the shutdown begins at 12pm Singapore time. They can also go to one of fourteen recovery nodes hosted by partners during this 72 hour period in order to withdraw their assets back into their wallets.

Open Source Asset Recovery App

zkLink has also released an open source asset recovery app on Github which allows anyone with access to download and run a private recovery node for fund withdrawal. This ensures that users have ownership and control of their assets at all times regardless of whether or not zkLink or ZKEX are available or not.

Mainnet Launch Date

The mainnet launch date for zkLink has been scheduled for June 2023, after which users will be able access full features such as cross chain transfers and liquidity pooling between multiple blockchains including Ethereum, Binance Smart Chain (BSC)and Polkadot (Parachains).