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.

ZeroLend implements a Privacy Layer using zkStack technology, ensuring compliance with regulations such as KYC. Users can lend and borrow assets using zk proofs while keeping their transactions private and secure.

ZeroLend automatically liquidates undercollateralized loans to maintain the stability of the protocol. When a loan falls below the Liquidation Threshold, the collateral is sold off to repay part of the outstanding loan balance.

While future airdrop events are not guaranteed, it is possible that ZeroLend may host additional events in the future. Stay updated for announcements.

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.

ZeroLend Governance ($ZERO) serves as the governance system for governing the ZeroLend Protocol. Token holders can participate in decision-making processes and contribute to the evolution of the protocol.

ZeroLend operates on zkSync, ensuring efficient and secure transactions.

During Phase 1, ZeroLend aims to forge strategic partnerships with prominent DeFi projects, blockchain platforms, and liquidity providers. These partnerships are intended to increase liquidity, expand the range of supported assets, and improve the user experience within the lending ...Read more

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