ZeroLend | A Lending And Borrowing Platform For Crypto Traders
In my previous article you learned about Kiloex and how to benefit from it. Today i am here to present you another solid platform which has a big reputation when it comes to lending and borrowing crypto assets. The platform i am talking about is called ZeroLend.
It was initially supported only on Zksync but now it is further expanding to multichains such as manta pacific. The idea is to make it easy for everyone to have access to zerolend without any third party.
Lets first get an in detail introduction of Zerolend.
ZeroLend is a digital lending platform which works on the internet's secure and transparent system we called blockchain. It's created to let people and businesses from all around the world to adopt and advance digital stuff without involving banks or other usual plutocrat places which we called intermediaries.
what makes ZeroLend stand out is its innovotive approach towards cryptocurrency. It is a platform for lenders and borrowers. It has taken the stylish corridor from Aave, a robust and well known lending platform, and blended them with real- time, decentralized price information from the Pyth Network. This is the big deal because it means that when you use ZeroLend platform, you get a blend of important lending tools and accurate, up- to- the- nanosecond data track about the value of the digital means involved.
So, in simple and easy terms, ZeroLend is a ultramodern lending platform on the internet, where people and businesses can connect directly to adopt or advance digital effects. It's safe and transparency , it takes advontage of advanced features from Aave and real- time data from Pyth Network, making the borrowing and lending experience not just secure but also cutting- edge based technology.
Zerolend is running a zero gravity phase which represents an action known as an airdrop crusade, and its primary aim is to distribute a cryptocurrency called$ ZERO. In this phase, traders accumulate points, and the quantum of $ZERO they admit is directly commensurable to the total points they gather. In simpler terms, the more points you have, the more your allocation of $ZERO token will be. This system is designed to award active and engaged traders in the crusade with a larger share of the cryptocurrency being distributed.
There are a number of different actions that one can take to earn more points. These includes taking part in active campaigns such as galxe and zealy. Other than this traders earn points for each dollar supplied or borrowed on the platform.
The more dollars you supply the more points you will earn which will increase your future share of the $ZERO token. It is recommended by the project to supply atleast $100 in order to get a fair amount of points.
If you wanna farm this airdrop then it is recommended to use zksync wallet which already has a transaction history. This will increase trust making you more authentic. If You have no activity on zksync then you can also start with a fresh wallet. The $ZERO token is expected to launch in the month of march as hinted by the Zerolend team. I am patiently waiting for the day to get my hands on the token. Hopefully this will print some good profits.
Thats it for today. Thanks for reading. What do you think about my today's topic? Let me know your thoughts in comment section. In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.
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About Author
@coolguy222 is a crypto trader and content creator on hive blockchain. He also runs a small business of Mobile accessories and Wrist watches. He loves to make new friends.
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