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DeFi Platform Zaros Completes $1.8 Million Financing

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PANews2024/05/23 06:16
By:PANews

PANews reported on May 23 that the DeFi platform Zaros completed a $1.8 million financing round, with participation from SNZ Holdings, Seven Capital, Cogitent Ventures, DCI Capital, Antony Sassano, Fernando Martinelli, Kieran Warwick, Andy Chen, and Kevin Lu.

It is reported that Zaros aims to enhance perpetual futures trading by using Liquid Staking Tokens (LST) and Liquid Re-staking Tokens (LRT). Zaros has introduced unilateral liquidity pools (ZLP Vault) for LST tokens like Lido and LRT tokens like EigenLayer. Liquidity providers (LP) earn actual ETH returns through trading fees in the perpetual futures market. These LPs act as market makers and receive ERC20 tokens representing their equity, thereby maintaining the composability of DeFi.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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