ZeroLend prepares for token launch in Q1 2024: Seed spherical efficiently accomplished, non-public rounds hovering

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Singapore, Singapore, February 20, 2024, Chainwire

ZeroLend, one of many quickest rising DeFi protocols in 2024, plans to launch its native governance token ZERO in Q1 2024. Having secured USD 3 million at a valuation of 25 million, ZeroLend introduced the profitable conclusion of its seed spherical, with the non-public spherical quickly closing. Will probably be full.

ZeroLend, at present the biggest protocol on zkSync by way of TVL and the third largest on Manta, will help these chains earlier than transferring to different L2s and changing into the dominant platform for these chains. We goal to cleared the path.

Spectacular development reflecting ZeroLend momentum

ZeroLend is without doubt one of the quickest rising DeFi protocols this 12 months, with TVL growing by over 1500% from 3 million to 50 million.

With a median of roughly 100,000 every day lively customers, ZeroLend's Zero Gravity airdrop marketing campaign is a crucial a part of the corporate's technique, with integration with Pyth and doable future integrations with Manta and zkSync ecosystem companions. It emphasizes gender.

These spectacular development metrics verify the rising reputation and belief of customers in ZeroLend's decentralized lending protocol.

Traders rally round ZeroLend’s imaginative and prescient and development

Constructing on this momentum, lately secured seed and personal spherical funding will speed up the event and growth of ZeroLend, a challenge incubated by MahaDAO.

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Notable VCs in seed and personal rounds embrace Momentum 6, Blockchain Founders Fund, Morning Star Ventures, Banter Capital, Newman Capital, dVdT, Rework Capital, Cypher Capital, Bison Fund, Ozaru Ventures, iAngels, Krypital, Genblock, viaBTC And so forth. , GBV, Asteroid Capital.

Non-VC angels embrace Curve Finance's MrBlock, Woodstock's Pranav Sharma, Boxmining's Michael, GoldenTree's Avi Felman, Eternity Chain's Nick Rose, Reflexical's Ajeet Khurana, Bitscrunch's Vijay Pravin, Mapleblocks' Vijay Garg, and Danish. included. Mr. Chaudhary is a former Bitcoin (dot) com and member of over 100 different VCs and Angels in his

Airdrop initiatives and future plans

As a part of its dedication to consumer engagement and neighborhood engagement, ZeroLend is making ready a collection of airdrop initiatives underneath its Zero Gravity marketing campaign to coincide with the launch of its native governance token ZERO.

This launch marks an vital step in ZeroLend's journey, opening the door to a collection of potential airdrops for ZERO holders.

An official assertion from Morningstar Ventures' Danilo Carlucci stated: “As an early investor, I’m impressed by ZeroLend’s vital development and strategic initiatives such because the Zero Gravity marketing campaign and integrations with key companions. I see nice potential to develop into a big participant in DeFi throughout the globe.”

About Zerolend

ZeroLend is the biggest lending protocol on zkSync and the third largest lending protocol on Manta, with a concentrate on lending, privateness, and account abstraction in DeFi, RWA.

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Web site: https://zerolend.xyz

Paperwork/whitepapers: https://docs.zerolend.xyz

twitter: https://twitter.com/zerolendxyz

discord: https://discord.gg/zerolend

Defilama: https://defillama.com/protocol/zerolend

contact

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