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Home/ZeroLend/Page 4

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.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

How can I participate in the ZeroLend Airdrop?

To participate, visit the ZeroLend airdrop page, complete simple tasks, and earn points convertible to ZERO tokens upon launch. You can also refer friends to earn additional points.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

Why would users borrow from ZeroLend if it only offers undercollateralized loans?

Users may borrow from ZeroLend to leverage their existing assets for investment purposes. For example, users bullish on a particular cryptocurrency can deposit their assets as collateral and borrow stablecoins to invest in other tokens, thereby maximizing their potential ...Read more

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Raju Kumar
Raju Kumar
Asked: 1 year ago

Can I participate in the ZeroLend Airdrop multiple times?

No, each participant can only join the ZeroLend Airdrop once.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What is the significance of supporting Real-World Assets (RWA) in ZeroLend?

Real-World Assets (RWA) represent a trillion-dollar market, and ZeroLend is at the forefront of integrating these assets into its lending protocol. This integration expands the possibilities of decentralized finance and unlocks new opportunities for users.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

How can users participate in the $ZERO Airdrop?

Users can participate in the $ZERO Airdrop by interacting with the lending protocol during the launch phase, either by borrowing or lending. Eligible users will receive a predetermined amount of $ZERO tokens as a reward. To qualify for the Read more

CryptocurrencyZeroLend
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Raju Kumar
Raju Kumar
Asked: 1 year ago

What is DeFi Lending, and how does it work within the ZeroLend ecosystem?

DeFi Lending is a decentralized, non-custodial liquidity protocol where users can participate as liquidity providers or borrowers within the zkSync Ecosystem. ZeroLend aims to expand lending and borrowing services to various supported assets across multiple chains, all powered by ...Read more

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What is the roadmap for ZeroLend’s future development?

ZeroLend has a comprehensive roadmap outlining upcoming features and milestones. This includes plans for further integration of Real-World Assets (RWA), enhancements to privacy features, and expansion to additional blockchain networks.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

Can you explain $ONEZ, the yield-bearing Stablecoin?

$ONEZ is ZeroLend’s proprietary stablecoin designed to capture native yield from the lending protocol. It offers self-loan repaying capabilities, allowing users to mint $ONEZ and participate in DeFi activities within the zkSync ecosystem seamlessly.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

How can I participate in the ZeroLend Airdrop?

To participate in the ZeroLend Airdrop, visit the dedicated airdrop page, complete the required tasks, and earn points convertible to ZERO tokens upon launch. Additionally, participants can refer friends to earn bonus points.

CryptocurrencyZeroLend
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Raju Kumar
Raju Kumar
Asked: 1 year ago

What is the Liquidation Penalty and when is it applied?

The Liquidation Penalty is a fee added to a borrower’s debt if their loan is liquidated due to falling below the Liquidation Threshold. ZeroLend applies a 5% liquidation fee, which is added to the borrower’s outstanding loan balance.

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