Description
zkLend is a Layer 2 money-market protocol on StarkNet, utilizing zk-rollup technology for enhanced scalability, transaction speeds, and cost-efficiency, while maintaining Ethereum's security. It operates with a dual service model, providing a compliance-focused solution for institutional clients and a permissionless service for DeFi users. Launched in 2022 with the token ZEND on the Ethereum platform, zkLend has a total supply of 100,000,000 ZEND with none currently in circulation. Prices have varied from 0.18 to 0.24 USD recently, and the token is actively traded on 4 to 5 markets, sometimes exceeding $1,000,000 in daily volume. By merging security and innovation, zkLend caters to a broad user base while ensuring compliance and decentralization. For further details, visit their website at https://zklend.com.
zkLend is a Layer 2 money-market protocol on StarkNet, utilizing zk-rollup technology for enhanced scalability, transaction speeds, and cost-efficiency, while maintaining Ethereum's security. It operates with a dual service model, providing a compliance-focused solution for institutional clients and a permissionless service for DeFi users. Launched in 2022 with the token ZEND on the Ethereum platform, zkLend has a total supply of 100,000,000 ZEND with none currently in circulation. Prices have varied from 0.18 to 0.24 USD recently, and the token is actively traded on 4 to 5 markets, sometimes exceeding $1,000,000 in daily volume. By merging security and innovation, zkLend caters to a broad user base while ensuring compliance and decentralization. For further details, visit their website at https://zklend.com.
