Instructions to experience the zkLend (ZEND) project with the opportunity to receive airdrops

zkLend is the leading lending solution on Starknet and has confirmed that there will be an airdrop for users to experience the project. In the article below, Coin68 will guide you in detail how to participate in the zkLend project experience. 

instructions to experience the zkLend (ZEND) project with the opportunity to receive airdrops

What is zkLend (ZEND)?

zkLend is a lending project that plays an essential role in the ecosystem Starknet. zkLend's goal is to build a financial system that fully meets the criteria: low cost, fast speed, high scalability, while ensuring safety and decentralization. Thanks to the application of advanced zkRollup technology, zkLend provides superior financial solutions compared to traditional lending platforms, helping users enjoy an optimal experience.

What is zkLend?

zkLend raised $5 million from many investment funds in the market, including StarkWare - the parent company of the layer 2 Starknet project.

zkLend investors

In a recent post aboveX social network, zkLend has confirmed that there will be an airdrop for users and the snapshot has not yet taken place. Therefore, we still have time to participate in the project experience to have a chance to receive the airdrop.

Instructions for experiencing the zkLend project

- Step 1: Download the walletArgentXorBraavosGo to your browser and create a wallet.

- Step 2: UseObiter bridgeto transfer ETH to the Starknet network. You can switch from other layer 2s such asDecisionorOptimismto save costs.

- Step 3: Accessapp.zklend.com/marketsand connect to Starknet wallet.

- Step 4: In the ETH section, select SUPPLY to proceed with lending ETH. You enter the amount of ETH you want to supply and then click SUPPLY ETH . Confirm the transaction on the wallet to complete.

- Step 5: After supplying ETH, you proceed to borrow other types of assets on zkLend, you should choose stablecoins to avoid price drops while borrowing, here Coin68 will choose to borrow stablecoin USDC. In the USDC section, click on the BORROW section , then enter the amount of USDC you want to borrow and click BORROW USDC . Confirm the transaction on the wallet to complete.

Note: You should repeat the above steps weekly to increase your chances of receiving an airdrop from the project.