ZeroLend Overview
- What is ZeroLend?
ZeroLend presents itself as a multi-chain DeFi protocol offering borrowing and lending functionalities for various assets. It has its own native stablecoin ($ONEZ) and emphasizes features like account abstraction for potential future benefits. It incorporates a governance model through $ZERO token, supports account abstraction for user-friendly features like gas-less transactions, and plans to integrate real-world assets and a privacy layer to maintain transaction confidentiality.
- Main Features
- Account AbstractionMultiple blockchains supportedGoverned by communitySupports staking ETH LRTsCredit Delegation
- Blockchains
- ZkSync Era, Blast, Linea, Ethereum
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Frequently asked questions
ZeroLend supports lending and borrowing on zkSync Era, Manta Network, Blast, Linea, and Ethereum (with limited functionality).
You'll need collateral (crypto assets you deposit as security) and a compatible wallet. ZeroLend will guide you through the process of choosing the borrowing amount and interest rate based on available liquidity pools.
$ONEZ is ZeroLend's native stablecoin designed to capture the yield generated by the lending protocol. Users can use their assets as collateral to generate $ONEZ tokens.
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