ZeroLend, a rapid-rising lending project, has entered into a data partnership with Token Terminal. The collaboration aims to toughen stakeholder reporting thru improved on-chain analytics. ZeroLend at the 2nd operates across a pair of blockchain platforms, alongside with Linea, ZKsync Era, Atrocious, Manta, and Ethereum, and has garnered attention with over $350 million in full of life loans.
⛓️📊 ZeroLend enters into a Information Partnership with Token Terminal ⛓️📊
● @zerolendxyz is one among the fastest rising Lending initiatives on @LineaBuild, with deployments also on ZKsync Era, Atrocious, Blast, Manta, and Ethereum.
● The project has raised ~$3m in mission capital from… pic.twitter.com/Z2kpqSKwS3
— Token Terminal (@tokenterminal) October 21, 2024
The project, which raised roughly $3 million in mission capital, has diagnosed the importance of providing legit, standardized data to its stakeholders. Token Terminal, a trusted on-chain data platform, is diagnosed for handing over correct financial and usage metrics.
Token Terminal Assists ZeroLend to Enhance On-chain Analytics for Stakeholders
ZeroLend grew to became to Token Terminal to streamline its on-chain analytics and toughen transparency. Token Terminal offers analytics for main initiatives corresponding to Aave and Morpho. ZeroLend can precisely benchmark its efficiency against opponents by partnering with Token Terminal. The partnership aims to produce exact-time data that advantages all stakeholders, from merchants to developers.
Key Parts of the Information Partnership
The Information Partnership between ZeroLend and Token Terminal involves four key aspects. First, a entire registry of ZeroLend’s clean contracts across a pair of chains used to be developed. This step allows Token Terminal to leverage its present infrastructure without extra node setups.
The details from these clean contracts is remodeled into standardized metrics, alongside with gain deposits, charges, full of life loans, and each single day customers. ZeroLend has been featured on Token Terminal’s Lending market dashboard and Watch page, providing a one-cease platform for customers, merchants, and developers to assess its efficiency.
ZeroLend will depend on Token Terminal to manage data updates. With the ongoing enlargement of DeFi initiatives across a pair of chains, standardized data reporting has became an increasing number of most well-known. By offloading this job to Token Terminal, ZeroLend can focal point on scaling its lending operations.
