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ZeroLend Launches Airdrop Program: Here's What You Need to Participate!
ZeroLend, a decentralized lending protocol built on zkSync, has announced the launch of Zero Gravity, an airdrop points platform that rewards its community with $ZERO tokens. The program aims to distribute approximately 10% of the circulating $ZERO supply at launch to Zero Gravity Cosmonauts, who are early adopters and supporters of the protocol.
What Can You Do To Join Zero Gravity?
To participate in Zero Gravity, users need to deposit supported tokens into the ZeroLend protocol. However, it doesn't stop there, investors also have to earn an income with these deposited tokens. The more tokens and time they stake, the more points they will have a chance to accumulate. The points will determine the amount of $ZERO tokens they will receive in the airdrop. Users can also earn extra points by referring others to join the program.
In addition, by participating in Zero Gravity, users will qualify for potential future drops of other tokens such as $PYTH, $MANTA, and $ZKS that integrate with ZeroLend. These tokens represent some of the leading projects in the zkSync ecosystem, such as Pyth Network, Manta Network, and ZKSwap.
What is ZeroLend?
ZeroLend is a lending protocol with native stablecoin built on zkSync, a Layer 2 scaling solution for Ethereum that leverages zero-knowledge proofs for security and efficiency. ZeroLend's core product is its decentralized non-custodial liquidity marketplace, where users can borrow and lend various assets across multiple blockchain networks. ZeroLend is also compatible with the Manta Network, a privacy-preserving Layer 2 for DeFi.
ZeroLend's native token, $ZERO, serves as both a utility and governance token within the protocol. ZERO holders can use this token to pay fees, access premium features, and vote on protocol parameters and upgrades. The $ZERO also has a deflationary mechanism, as a portion of the fees collected by the protocol are used to buy back and burn $ZERO tokens.
Zero Gravity is a strategic move by ZeroLend to grow its community and user base, as well as reward its loyal supporters. The program also showcases zkSync's potential as a platform for building scalable and interoperable DeFi applications. By launching Zero Gravity, ZeroLend hopes to attract more users and liquidity to its protocol, as well as encourage collaboration and synergies with other projects in the zkSync ecosystem.
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