zkLink aggregates and unifies liquidity across Layer 2 rollups and Layer 1 blockchains. zkLink offers two core solutions: zkLink Nova and zkLink X, using zk-rollup to unify liquidity access across connected blockchains and rollups.
zkLink Nova is a Layer-3 network that integrates assets, liquidity, and dApps from Ethereum L2s into a single, secure, and efficient EVM-compatible platform.
zkLink X is an application-specific scaling engine for multi-chain dApp deployment, liquidity aggregation, and improved performance across various blockchain networks, including L1s and L2s.
zkLend (ZKL) is a Layer 2 money-market protocol built on StarkNet. It leverages zk-rollup technology for scalability, fast transactions, and lower costs while maintaining Ethereum's security.
You can deposit digital assets into zkLend. These assets generate interest over time. You receive zTokens representing your share of the deposit pool. These zTokens increase in value as interest accrues.
You can use your deposited assets as collateral to borrow other assets. The interest rate for borrowing depends on the market conditions and the specific asset pool.
zkLend offers flash loans. These are loans taken out and repaid within the same transaction block, often used for arbitrage opportunities.
zkLend separates high-risk and low-risk assets into different pools to manage risks effectively. This isolation helps prevent issues with one asset from affecting others.
zkLend plans to introduce features like custom vaults for optimizing liquidity, isolated markets to reduce risk, and an advanced transaction builder for easier asset management and strategic financial operations.
Jane Ma and Brian Fu co-founded zkLend. They bring extensive experience in traditional finance, fintech, consumer startups, and leading DeFi protocols.
zkLend raised $5 million in a seed funding round led by Delphi Digital in March 2022. The mainnet launch for the retail-focused platform, Artemis, occurred on October 19, 2023.
The zkLend (ZKL) token, known as ZEND, serves multiple functions within the zkLend protocol, including:
zkLend (ZKL) tokenomics involve a total fixed supply of 100,000,000 ZEND tokens. The distribution of these tokens is as follows:
Period | Change | Change (%) |
---|---|---|
Today | $0.0036 | 3.02% |
7 Days | $-0.0099 | -7.26% |
30 Days | $-0.0325 | -20.45% |
3 Months | $0.01 | 8.68% |
The following advantages make zkLend a compelling option for investors looking to engage with a scalable, efficient, and secure DeFi protocol:
Understanding these factors can help you make more informed decisions when considering the ZKL price prediction:
To earn on zkLend (ZKL), you can utilize several strategies:
To stake ZKL on zkLend, follow these steps:
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