zkLend is an L2 money-market protocol built on StarkNet that combines zk-rollup scalability with Ethereum security. The team plans a dual-product approach: Artemis, a permissionless lending offering slated for Q3 2022, and Apollo, a permissioned KYC/AML solution expected to launch early next year. The protocol adopts an ouroboros incentive model and highlights features such as double-sided borrowing and collateralisation factors, protocol-to-protocol lending, and variable liquidation fees. zkLend’s native token, ZEND, will enable staking for governance, booster rewards, and claims on interest income earned by pools. The team cites experience across traditional finance, fintech, exchanges and leading DeFi protocols and intends to serve both retail DeFi users and whitelisted institutional clients. The company announced a $5M seed round to fund the product launches and expand the team across technology, marketing and business development.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2022