While future airdrop events are not guaranteed, it is possible that ZeroLend may host additional events in the future. Stay updated for announcements.
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
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 is a revolutionary lending protocol featuring a native stablecoin built on zkSync, Linea, Manta Network, ETH Mainnet, and Blast Network. Its unique features include decentralized lending, support for multiple assets across chains, and account abstraction for gas-less transactions.
ZeroLend employs robust security measures, including smart contract audits and encryption, to safeguard users’ deposited assets. Additionally, the platform continuously monitors for potential risks and vulnerabilities to maintain the integrity of the protocol.
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.
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.
Users can begin interacting with the ZeroLend application by visiting http://app.zerolend.xyz/. From there, users can participate in borrowing, lending, and liquidity provision activities within the lending protocol.
ZeroLend employs state-of-the-art security measures, including encryption, multi-signature wallets, and smart contract audits, to safeguard user funds and transactions. Additionally, ZeroLend continuously monitors for potential security threats and takes proactive measures to mitigate risks.
For more information about ZeroLend, visit the official website at ZeroLend.xyz and download the whitepaper for comprehensive details.