zkLend is the native money-market protocol on Starknet, an L2 scaling solution combining zk-rollup scalability, superior transaction speed, and cost-savings with Ethereum’s security.

Borrowing on zkLend is over-collateralized, meaning you must deposit collateral of greater value than the amount you wish to borrow. Interest rates are determined dynamically based on supply and demand within each asset pool. Borrowed funds and interest are repaid directly through the zkLend app.

zkLend uses open-source, audited smart contracts and integrates decentralized oracle solutions like Chainlink and Pragma to ensure accurate and reliable price feeds. Additionally, the protocol incorporates robust risk management measures, such as supply and borrow caps, to maintain stability during market volatility.

STRK staking allows users to delegate their STRK tokens through zkLend’s dApp to earn staking rewards while contributing to the decentralization and security of the Starknet network. zkLend offers a seamless, zero-fee staking experience where users receive the full rewards from their stake.

kSTRK is zkLend’s liquid staking token (LST) users receive when they stake STRK on zkLend. kSTRK allows users to unlock additional DeFi opportunities, such as earning additional yield by lending kSTRK back into zkLend’s money market or using it as collateral, just to name a few use cases.

Unlike becoming a validator, which requires running a full node and staking a minimum of 20,000 STRK, zkLend allows users to stake any amount of STRK with no minimum requirement. This makes staking accessible to all users. More on STRK staking here.