Use Cases

What can I use zkLend for?

Lend: Users can deposit their digital assets to provide liquidity to the respective market pools. In return, they earn interest on the lent assets and the yield depends on the borrowing demands of these assets. There are no lock-up periods and users can deposit any amount into the pool.

Borrow: Users can borrow assets deposited into the market pools using their own assets as collateral. The financing cost of each asset depends on the interest rate model, which is based on asset type and pool utilisation. The maximum borrowing amount is determined by the users' borrowing capacity. If the users exceeds their borrowing capacity, their position may be liquidated to ensure sufficient fund for repayment.

Details on how interest is earned and the calculation of borrowing capacity may be subject to change based on market conditions and the evolving nature of the protocol.

Examples