what's ZeroLend?

ZeroLend is a decentralized, non-custodial lending protocol deployed on Layer 2 networks such as zkSync. It provides users with a frictionless interface to supply assets, earn interest, and borrow against collateral using variable or stable interest rates. The protocol creates open liquidity markets, enabling efficient capital utilization in DeFi while leveraging L2 scalability for low fees and fast transactions. Built with influences from established protocols like Aave, ZeroLend emphasizes user onboarding to DeFi through intuitive features and integration with oracles like Pyth Network. It supports a native governance and utility token, fostering community-driven development and incentives for liquidity providers and borrowers.

ZeroLend distributed a $10,000 Linea airdrop for sdZERO stakers, now claimable.