# Welcome to Zebra Protocol

Zebra Protocol is a decentralized, censorship-resistant, and community-owned protocol that enables users to secure loans using [Liquidity Staking Derivatives (LSDs)](https://defillama.com/lsd) as collateral. These loans have minimal fees and provide up to 7x leverage, with repayments made in zUSD.

The ZEBRA Protocol is deployed on ZETA Network, the codebase is derived from [WEN Protocol](https://docs.wenprotocol.io) while supporting $ZETA as it's collateral.

**zbrUSD** is over-collateralized by LSDs and maintains a 1:1 peg to the USD.

**$ZEBRA** and **esZEBRA (escrowed ZEBRA)** are the native and governance tokens of the system.