What is ZEROLEND
Tokens
1. Project Introduction
ZeroLend ($ZERO) is a decentralized lending protocol on L2s (Linea, zkSync, Manta, Blast, and X Layer). It focuses on the lending of liquid restaking tokens (LRTs), governance, RWA lending, and account abstraction, aiming to provide individuals and enterprises with a secure and transparent digital asset lending platform. The protocol operates in a peer-to-peer manner, eliminating the need for intermediaries such as banks or traditional financial institutions.
Summary: ZeroLend is currently the largest lending protocol on Linea, zkSync, and X Layer. According to the official website, its total TVL is $198 million, of which $191 million is on Linea and $3.3 million is on zkSync Era, along with 350,000 unique active addresses.
2. Team & Investment Info
Ryker: Founder of ZeroLend. He graduated from the University of Toronto.
Funding: In February 2024, ZeroLend raised $3 million in a seed funding round at a $25 million valuation, with investors including 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, as well as 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: Linea ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: https://lineascan.build/token/0x78354f8DcCB269a615A7e0a24f9B0718FDC3C7A7
Token Distribution:
Private Sale: 35%, 8.75% unlocked at TGE, 6 months cliff, then 11 months vesting
Airdrop: 18%, 7.2% unlocked at TGE, 3 months cliff, then 3 months vesting
Liquidity: 10%, 8% unlocked at TGE, no cliffs, then 11 months vesting
Emissions: 20%, none unlocked at TGE, no cliffs, then 1,200 months vesting
Treasury: 5%, none unlocked at TGE, no cliffs, then 11 months vesting
Advisors: 7%, 0.56% unlocked at TGE, 6 months cliff, then 11 months vesting
Team: 5%, none unlocked at TGE, 12 months cliff, then 48 months vesting
5. Related Links
Official Website: https://zerolend.xyz/
White Paper: https://docs.zerolend.xyz/
LinkedIn: https://www.linkedin.com/company/zerolend/?trk=public_post_main-feed-card_reshare-text
Other Info: https://www.rootdata.com/zh/Projects/detail/ZeroLend?k=OTkyNw%3D%3D
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.
