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Multi-chain lending protocol ZeroLend plans to launch governance token ZERO on April 29
2024-04-09 14:13
Odaily News Multi-chain lending protocol ZeroLend revealed on the X platform that it plans to launch the governance token ZERO on April 29. Other details about TGE will be announced soon. It is reported that ZeroLend supports zkSync, Manta Network, Blast, Linea and Ethereum, allowing users to deposit supported tokens and earn income from them. Previously, ZeroLend launched the Liquidity Re-pledge (LRT) market on the Ethereum mainnet. Ether.fi, Renzo, Kelp DAO and Puffer Finance users can now deposit LRT and borrow ETH or other liquid assets to earn increased LRT points, as well as EigenLayer points and ZeroLend’s Zero Gravity points. According to previous news in February, ZeroLend completed a US$3 million seed round at a valuation of US$25 million from 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 participated in the investment.