The Liquidation Threshold is the value at which a loan becomes undercollateralized and is at risk of liquidation. If the value of the collateral falls below this threshold, the loan may be liquidated by the protocol.
Tag: ZeroLend
ZeroLend provides a decentralized, user-controlled alternative to traditional lending systems, enabling individuals to maximize the utility of their digital and tokenized real-world assets in a secure and efficient manner.
Shiraverse Latest Questions
$earlyZERO is a non-transferrable ERC20 token that users can claim by providing liquidity to the protocol before the Token Generation Event (TGE). Users can convert earned $earlyZERO to $ZERO after the TGE. Please note that received $ZERO tokens may ...Read more
Phase 1 of ZeroLend’s launch marks the introduction of the $ZERO token on zkSync. This phase focuses on establishing strategic partnerships within the decentralized finance (DeFi) ecosystem and enhancing the overall user experience within the lending protocol.
Yes, ZeroLend aims to support lending and borrowing across multiple chains, including zkSync, Linea, Manta Network, ETH Mainnet, and Blast Network. This interoperability expands the accessibility and usability of the protocol.
Users can stay informed about the Phase 1 launch and $ZERO Airdrop by visiting the ZeroLend website, following social media channels, and reading official announcements and guidelines provided by the ZeroLend team.
Participants will receive their ZERO tokens shortly after the Airdrop launch, subject to network processing times.
For more information about ZeroLend, visit the official website at ZeroLend.xyz and download the whitepaper for comprehensive details.
While ZeroLend strives to mitigate risks through robust security measures and risk management protocols, users should be aware of potential risks such as smart contract vulnerabilities, market volatility, and liquidation events. It is advisable for users to conduct thorough ...Read more
The ZeroLend Airdrop is an event where participants can claim free ZERO tokens. 10% of ZEROβs circulating supply will be distributed to airdrop participants at launch.
Yes, users have the flexibility to adjust their borrowing parameters, including Max LTV and Liquidation Threshold, based on their risk appetite and financial objectives. This customization allows users to tailor their borrowing experience to their specific needs.