Participants will receive their ZERO tokens shortly after the Airdrop launch, subject to network processing times.

No, participation in the ZeroLend Airdrop is completely free of charge.

Beyond the airdrop, users can explore token lending and borrowing functionalities on the ZeroLend platform to unlock additional earning opportunities.

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.

Yes, participants can withdraw their earned ZERO tokens to an external wallet once the tokens are distributed.

Users can claim $earlyZERO by providing liquidity to the protocol and accessing the farming portal before the Token Generation Event (TGE). By participating in liquidity provision, users can earn $earlyZERO tokens proportional to their contribution.

For more information about ZeroLend, visit the official website at ZeroLend.xyz and download the whitepaper for comprehensive details.

Unlike traditional banking, ZeroLend offers permissionless lending, allowing anyone to access its services regardless of financial or geographical background. Additionally, ZeroLend provides undercollateralized loans, enabling users to borrow tokens with a lower collateral requirement compared to traditional finance.

ZeroLend’s governance system, enabled by the $ZERO token, promotes transparency and accountability through decentralized decision-making processes. Token holders can participate in governance proposals, vote on key decisions, and shape the future direction of the protocol.

Important parameters include Max LTV (Loan to Value), Liquidation Threshold, Liquidation Penalty, Utilization Rate, and Health Factor. These parameters determine the maximum loan amount, liquidation risk, and overall safety of the loan.