The command J joins lines.
The command gJ joins lines removing spaces  
Is there also a command to Join lines adding a separator between the lines?
Example:
Input:
text
other text
more text
text
What I want to do:
- select these 4 lines
- if there are spaces at start and/or EOL remove them
- join lines adding a separator '//' between them  
Output:
text//other text//more text//text
                You can use :substitute for that, matching on \n:
:%s#\s*\n\s*#//#g
However, this appends the separator at the end, too (because the last line in the range also has a newline). You could remove that manually, or specify the c flag and quit the substitution before the last one, or reduce the range by one and :join the last one instead:
:1,$-1s#\s*\n\s*#//#g|join
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