Thread by @nansen_alpha

Last week, @zkLend joined us for an exclusive AMA with our Alpha community members.

Here's the breakdown of some main points of discussion from the session:

@zkLend zkLend is a money-market protocol building on StarkNet.

The protocol offers two main features: Apollo for institutional clients and Artemis for retail users.

@zkLend The team believes that Ethereum is the ultimate solution due to its decentralization and security components.

On the other hand, scalability is a limiting factor. Thus, the team has opted for a ZK-rollup scaling solution.

@zkLend Specifically, zkLend has chosen to build on StarkNet, a general-purpose L2, as it provides superior transaction speed, saves costs, and combines all the transactions on the network into a single roll-up.

@zkLend zkLend is in the process of evaluating a range of 11 to 15 tokens (including selected StarkNet-native tokens) for Artemis.

@zkLend Since Apollo is built for institutions, there are some differences:

1. Additional whitelisting layer with both on-chain and off-chain KYC components.

2. Under-collaterised loans via credit ratings.

3. Dedicated staff to help onboard and service institutional clients.

@zkLend zkLend has key features that distinguish them from other lending and borrowing protocols in the space such as:

@zkLend 1. An ouroboros model: Incentivising specific borrow and lending pools depending on demand.

2. Refined liquidation model: Taking advantage of StarkNet’s speed and lower costs.

3. Asset tiering: Classifying and pooling assets together by high, medium and low risks.

@zkLend Artemis is currently in testnet, while Apollo's testnet integration is set for Q4 of this year.

@zkLend A one-pager about their milestones, investors, and community events can be found here:

@zkLend Other highlights from the AMA include an Artemis Demo sneak peek and a Q&A session.

A huge shoutout to the @zkLend team!

#StarkNet #zkLend

https://twitter.com/zkLend/status/1525434122763923456