Explore Zero-Collateral Loans and AI-Driven DeFi Strategies on Zeru
ZM, BM!
We’re excited to announce that Zeru’s Testnet is officially live on Base’s Sepolia Test Network. Head over to testnet.zeru.finance and start exploring. Before we dive into the Testnet, let’s get to know Zeru a bit better.
About Zeru
Zeru is a decentralized credit infrastructure protocol enabling zero collateral loans. The protocol allows users to borrow funds based on their creditworthiness, leveraging the ZScore credit rating system and the Protocol Controlled Value Reserve (PCVR).
Zeru is much more than a lending protocol, it’s a DeFi ecosystem, allowing users not only to lend and borrow credit, but to enhance the borrowed capital by introducing integrated DeFi Strategies. The Strategies are powered by AI models, with up to 15x leverage, including liquidity provision on Uniswap V3, leveraged restaking and more.
Important Components of Zeru
- Protocol Controlled Value Reserve (PCVR)
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Insurance Fund: This fund, built from user generated protocol fees, is there to cover any loan defaults.
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Credit Tokens: Represent your share of the PCVR and determine your borrowing capacity.
2. Credit Tokens (CTs)
- Earn CTs by contributing to the protocol, which you can use to get zero collateral loans.
3. ZScore
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Acts like a DeFi credit score, reflecting your creditworthiness. It is a mathematical composite of your protocol behavior and reputation.
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Grow your ZScore through interacting with a protocol (lending, borrowing, and deploying the borrowed capital into DeFi Strategies).
4. Strategies
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Maxi Long or Short: Go long or short on selected assets up to 4x leverage.
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Uniswap V3 LP: Automated liquidity provision with AI-optimized price ranges on leverage.
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LRTs (Coming Soon): Put your favorite LRTs on leverage to maximize returns.
The User Journey:
There are various ways you can engage with a protocol. You can rather become a pure lender and earn passive APYs, deploy a looping strategy or enjoy Strategies with your borrowed capital:
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Deposit Funds.
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Acquire CTs which you can use in the protocol.
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Build ZScore: deploy the borrowed capital into Strategies and go up to 15x on Uni V3 LP & Maxi Pools Strategy.
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Obtain Zero Collateral Loans: use credit tokens to borrow without collateral.
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Leverage Zero Collateral Loans: deploy the zero collateral loan into Strategies to maximize returns.
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Enjoy Protocol Revenue Share along with APYs.
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Repay the Loan.
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Withdraw Funds or Re-Deploy Them Into the Protocol.
How to Get Started on the Testnet
Before diving in, you’ll need to set up your wallet if you don’t have the Base Sepolia Testnet and get Test ETH tokens for gas. Here’s a step-by-step guide to get you started:
Account Setup and Getting Base Sepolia ETH for Gas
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Add Base Sepolia Testnet to Your Wallet — Connect your wallet and click “Add to Wallet” here.
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Get Base Sepolia ETH from Faucets — Use any of these faucets to get Base Sepolia ETH:
3. If you’re having trouble getting ETH, ask our team in the Telegram group.
That’s it! You’re now ready to test Zeru, head over to Zeru’s Testnet Link.
Guides to Help You Test Zeru:
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How to Lend: Guide to Lending
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How to Borrow: Guide to Borrowing
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How to Repay: Guide to Repaying
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How to Withdraw: Guide to Withdrawing
DeFi Strategies:
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Providing Liquidity (LP) to Uniswap V3 with Leverage:
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Learn how to use AI to select the most optimal tick and provide liquidity to Uniswap v3: Liquidity Provision Guide
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Going LONG or SHORT on an Asset with Leverage:
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Step-by-step guide for leveraging positions: Maxi Strategy Guide
Earn Zeru Testnet XP
As you explore the Zeru Testnet, you’ll also be accruing Zeru XP. These points will come with their own set of privileges, which we’ll be sharing more about in the coming days. So, stay tuned and start collecting those points!
If you encounter any bugs while using the Zeru application, please report them using the ‘feedback’ form located at the center of the right side of the application. Your feedback is valuable to us in improving the user experience + You get additional points from the team 😉
To dive deeper into Zeru, you can also check out our Whitepaper and Docs.
Keep Zubbling.
With love,
The Zeru Team