ZeroLend
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Information about ZeroLend (ZERO)
ZeroLend is the largest lending market on L2s—Linea, zkSync, Manta, Blast, and X Layer—with a focus on liquid restaking tokens (LRTs) lending, governance, real-world assets (RWAs) lending, and account abstraction. The ZeroLend ecosystem is meticulously designed to encompass a comprehensive suite of lending and borrowing functionalities, all wrapped in a user-friendly interface that fosters effortless DeFi adoption.
Emerging as one of the most rapidly evolving DeFi protocols within the zkSync ecosystem, ZeroLend has witnessed remarkable growth in its Total Value Locked (TVL), surging by over 1,500% from a mere $3 million to an impressive $50 million in the past year. The project successfully secured $3 million in funding at a $25 million valuation from prominent venture capital firms, including Momentum 6, Blockchain Founders Fund, Morning Star Ventures, Banter Capital, and Newman Capital,…
ZERO is a native coin of the ZeroLend ecosystem, operating on Linea according to ERC20 standard, and can be used to:
- Staking ZERO tokens for a predetermined duration to earn rewards.
- Paying fees on ZeroLend.
- Reward users for adding liquidity on ZeroLend, referring users to ZeroLend, or completing other tasks to grow the protocol.
- Used as collateral for DeFi loans, yield farming.
Specifications
- Name: ZeroLend
- Symbol: ZERO
- Platform: Linea
- Standard: ERC20
- Type: Utility, Governance
- Smart Contract Address: 0x78354f8DcCB269a615A7e0a24f9B0718FDC3C7A7
- Total supply: 100,000,000,000 ZERO
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