Learned by 1.0k usersPublished on 2024.03.29 Last updated on 2024.12.15
Tokens
1. Project Introduction
ZeroLend (ZERO) is a multi-chain decentralized lending protocol focused on real-world assets (RWAs) and liquidity tokens (LRTs). The platform supports Ethereum and several of its Layer 2 networks, including Linea, zkSync, Manta Network, X Layer, and Blast. Users can deposit supported tokens on these chains and earn interest. Besides its core lending services, ZeroLend offers Account Abstraction (AA) functionality, enabling users to avoid dealing with private keys, multi-signature transactions, and gas fees, simplifying blockchain interactions.
Summary: ZeroLend focuses on RWAs and LRTs, offering DeFi lenders flexible opportunities to leverage real-world assets and liquidity tokens across multiple chains to maximize returns.
2. Team & Investment Info
ZeroLend was founded in 2023 by Ryker, a graduate of the University of Toronto. The team has extensive experience in the blockchain space, with several core members having previously worked at MahaDAO. MahaDAO also publicly acknowledged its role in incubating ZeroLend.
In February 2024, ZeroLend announced it had completed a $3 million seed round at a $25 million valuation. Investors include Momentum 6, Blockchain Founders Fund, Morning Star Ventures, Banter Capital, Newman Capital, dVdT, Transform Capital, Cypher Capital, Bison Fund, Ozaru Ventures, iAngels, Krypital, Genblock, viaBTC, GBV, and Asteroid Capital, along with angel investors such as Mr. Block from Curve Finance, Pranav Sharma from Woodstock, and Boxmining.
3. Social Media URLs
X: https://x.com/zerolendxyz
Telegram: https://t.me/zerolendxyz
Discord : https://discord.com/invite/zerolend
4. Token Info
Token Symbol: ZERO
Total Supply: 100,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address:0x78354f8DcCB269a615A7e0a24f9B0718FDC3C7A7
Token Distribution:
Private Sale: 35%, 6-month lock-up, followed by 11-month vesting
Airdrop: 18%, 3-month lock-up, followed by 3-month vesting
Liquidity: 10%, no lock-up, 11-month vesting
Growth Reserve: 20%, no lock-up, 1200-month vesting
Treasury: 5%, no lock-up, 11-month vesting
Advisors: 7%, 6-month lock-up, followed by 11-month vesting
Team: 5%, 12-month lock-up, followed by 48-month vesting
5. Related Links
Official Website: https://zerolend.xyz/
LinkedIn : https://www.linkedin.com/company/zerolend/
GitHub: https://github.com/zerolend
Other Info: https://docs.zerolend.xyz/