ZeroLend (ZERO): The Largest Lending Market for Liquid Restaking Tokens

 

What is ZeroLend (ZERO)?

ZeroLend (ZERO) is a decentralized lending platform specially for liquid restaking tokens and real-world assets on Layer-2s such as Linea, zkSync, Manta, Blast, and X Layer. It serves as a marketplace for users to lend and borrow various crypto assets in a trustless and permissionless manner.

ZeroLend enjoys $198.2M in TVL and more than 465k in unique active addresses.

How ZeroLend (ZERO) Works

ZeroLend offers 6 main products as follows:

1. DeFi Lending

On ZeroLend, anyone can participate as liquidity providers or borrowers. The protocol supports various assets on multiple chains. This feature allows individuals to leverage their crypto holdings to access additional liquidity or earn yields by supplying assets to the lending pool.

2. Liquid Restaking Token (LRT) Lending

ZeroLend supports lending and borrowing of LRTs, which are tokenized derivatives representing staked assets such as EtherFi, Puffer, Renzo, and Kelp. By depositing LRTs, users can unlock extra liquidity while still earning staking rewards, thereby maximizing the utility of their staked assets.

3. Real World Asset (RWA) Lending

ZeroLend allows the lending and borrowing of RWAs, which represent assets like stocks, bonds, real estate, and commodities tokenized on the blockchain. This feature expands access to capital by allowing users to leverage tangible assets as collateral for loans on blockchain.

4. Account Abstraction

Account Abstraction simplifies DeFi transactions by removing complexities associated with traditional crypto wallets and gas fees. Users can enjoy gas-less transactions, social logins, and delegated transactions, enhancing the overall user experience and accessibility of the platform.

5. ZeroLend Token (ZERO)

Governance within the ZeroLend ecosystem is facilitated by the ZERO token, an ERC-20 token on Linea. Holders of ZERO tokens have the power to govern the protocol, influencing decision-making processes and shaping the platform's future direction.

6. ZeroLend Protocol Airdrops

Engaging with the ZeroLend protocol makes users eligible for airdrops from other integrated protocols such as Renzo and ether.fi. These incentives encourage participation and growth within the ecosystem, rewarding users for their involvement and support.

ZERO Goes Live on Bitget

With ZeroLend's robust features and growing user base, the ZERO token presents an opportunity to participate in governance decisions, earn rewards, and contribute to the platform's development.

Trade ZERO on Bitget now to tap into the rapidly growing ecosystem of liquid restaking tokens and real-world assets on the blockchain. ZERO will be listed on Bitget as ZEROLEND.

How to Trade ZERO on Bitget

Listing time: May 6, 2024

Step 1: Go to ZEROLENDUSDT spot trading page

Step 2: Enter the amount and the type of order, then click Buy/Sell

For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading.

 

Trade ZEROLEND on Bitget now!

 

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.