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zkLend (ZEND) is a money-market protocol built on StarkNet that combines zk-rollup scalability, fast transaction speed and cost-savings with the security of Ethereum. It is designed to provide decentralized lending, borrowing, and depositing services for both individual users and institutional clients. For DeFi users, zkLend offers Artemis, a next-generation lending protocol that enables efficient and decentralized financial activities on StarkNet. For institutional clients, zkLend provides Apollo, a gateway that allows permissioned participants to engage in DeFi while maintaining compliance and security. With a roadmap that includes the development of core functionalities, mainnet launches, and onboarding of institutional partners, zkLend aims to revolutionize the finance industry.
The zkLend token distribution consists of 17% allocated to private and public investors, 15% to the team and advisors, 33% to the ecosystem, and 35% for staking and distribution rewards. The total supply of ZEND tokens is set at 100,000,000. The roadmap for zkLend includes different phases, starting with the Artemis MVP in Q3 2022, then the mainnet alpha launch and refined mainnet launch with added features and TVL programs. In Q1-2 2024, the project plans to introduce Apollo MVP with institutional partners onboarded. It is important to note that zkLend has not yet launched its token and will never request users’ private keys.
While inspired by tradition and innovation to build the next legacy of finance, zkLend emphasizes the importance of reading and understanding the legal disclaimers, terms, and conditions provided. The company, the distributor, and their respective affiliates do not provide legal, financial, business, or tax advice. The token documentation provided is for informational purposes only and does not constitute an offer or solicitation for investment. ZEND tokens do not represent ownership or confer rights to the company’s assets or revenues. Users should know the risks of participating in the ZEND distribution and comply with applicable laws and regulations.
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