According to Odaily Planet Daily, the multi-chain lending protocol ZeroLend revealed on the X platform that it plans to launch the governance token ZERO on April 29, and other details about TGE will be announced soon.

ZeroLend supports zkSync, Manta Network, Blast, Linea, and Ethereum, allowing users to deposit supported tokens and earn returns from them. Previously, ZeroLend launched the Liquidity Re-Pledge (LRT) market on the Ethereum mainnet, and ether.fi, Renzo, Kelp DAO, and Puffer Finance users can now deposit LRT and borrow ETH or other liquid assets to obtain enhanced LRT points, as well as EigenLayer points and ZeroLend's Zero Gravity points.

Earlier in February, ZeroLend completed a $3 million seed round of financing with a valuation of $25 million. Momentum 6, Blockchain Founders Fund, Morning Star Ventures, Banter Capital, Newman Capital, dVdT, Transform Capital, Cypher Capital, Bison Fund, Ozaru Ventures, iAngels, Krypital, Genblock, viaBTC, GBV and Asteroid Capital participated in the investment.