zLend

zLend is a decentralized multi-chain lending protocol that empowers users to earn interest on their crypto assets and access over-collateralized loans using their crypto holdings as collateral.

Inspiration

Traditional financial system can be cumbersome and inflexible, especially when it comes to utilizing crypto assets and obtaining loans. Access to credit is a challenge, particularly in Africa, where banks and financial institutions often impose stringent requirements and high interest rates. Additionally, many institutions are hesitant to work with cryptocurrencies, leaving individuals and businesses with limited options for leveraging their crypto assets.

What it does

zLend provides you the tools and opportunities to make the most of your crypto holdings without sacrificing control over them. With zLend, you can easily lend out your crypto assets to earn passive income through interest handling or deposit your crypto assets as collateral to secure a loan.