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Home/ZeroLend/Page 6

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 contribute to the ZeroLend community and ecosystem?

Users can contribute to the ZeroLend community and ecosystem by actively participating in governance decisions, providing feedback and suggestions for platform improvements, and spreading awareness about ZeroLend through social media and word-of-mouth.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What is ZeroLend?

ZeroLend is a revolutionary lending protocol featuring a native stablecoin built on zkSync. It offers a decentralized non-custodial liquidity market, empowering users with financial autonomy.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

How does Max LTV affect borrowing on ZeroLend?

Max LTV represents the maximum ratio of the loan amount to the value of the collateral. A higher Max LTV allows borrowers to borrow a larger proportion of their collateral’s value.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

How long will it take to receive my ZERO tokens after the Airdrop?

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

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Raju Kumar
Raju Kumar
Asked: 1 year ago

Is there a maximum limit on participants for the ZeroLend Airdrop?

No, there is no maximum limit on participants. Anyone can join the ZeroLend Airdrop and claim their share of ZERO tokens.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

How does ZeroLend ensure transparency and accountability in governance?

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.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What is the ZeroLend Airdrop?

The ZeroLend Airdrop is an event where participants can claim free ZERO tokens. 10% of ZERO’s circulating supply will be distributed to airdrop participants at launch.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

Can I trade ZERO tokens on exchanges?

Yes, ZERO tokens can be traded on various cryptocurrency exchanges. Users can buy, sell, and trade zerolend to participate in the broader cryptocurrency market.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What are the basics of lending and borrowing on ZeroLend?

Users can Zerolend tokens to earn interest or borrow tokens by providing collateral and paying borrowing interest. In the event of liquidation, borrowers may incur a 5% penalty fee.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What is the $ZERO token?

The $ZERO token serves as both a utility and governance token within the ZeroLend ecosystem. Holders enjoy benefits such as fee discounts, rewards, and voting rights.

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