ZeroLiquid is excited to announce the integration of Rocket Pool’s rETH liquid staking token. With this, rETH holders can now obtain self-repaying, non-liquidation, 0% interest loans of up to 50% LTV (loan-to-value ratio) against their rETH tokens.
ZeroLiquid enables you to access capital today without being forced to sell your crypto, allowing you to maintain your exposure to the market and continue earning staking rewards.
How Does ZeroLiquid Work?
Liquid Staking Derivatives — or LSD tokens — accrue Ethereum network staking rewards. ZeroLiquid enables users to obtain loans of up to 50% LTV against their LSD tokens, with the staking rewards used to repay the loan. As a result, the borrower never needs to worry about repayments! Loans can also be repaid early if desired.
Users who take out a loan receive ZeroLiquid ETH (zETH), which is pegged to the price of ETH. This zETH can be freely traded on the market, and as it is pegged to ETH the borrower does not need to worry about liquidations!
The ZeroLiquid protocol charges 0% interest on your collateral (hence the name ZeroLiquid), with just 5% taken from the staking rewards as the protocol fee.
Vist the ZeroLiquid dApp to take out your first self-repaying loan!
What’s next for ZeroLiquid?
With the addition of rETH, the protocol now supports 2 major LSD tokens, and we will continue to add more LSD tokens over time!
We will launch $ZERO staking within the next week, while our Zero Gravity mission is ongoing. Make sure to check it out and earn $ZERO for supporting our journey!
What is Rocket Pool?
Rocket Pool is Ethereum’s most decentralised liquid staking protocol. Its 3,000+ worldwide node operators are responsible for over 750,000 ETH representing over 3% of all Ethereum staked. Liquid stakers can participate on mainnet and multiple L2’s simply by holding any amount of the rETH liquid staking token in their wallet, which automatically accrues staking rewards via price appreciation in a tax-optimised way.