✨Features
🚀 Low Interest Loan
Users can mint zbrUSD
against their LSDs. They can thus obtain an LSD-backed loan with very low recurring costs.
🦃️ Protocol Controlled Interest Rate
zbrUSD
has a very competitive interest rate from the protocol's unique design, which is derived from ZETA staking reward rather than thin air.
🔋 130% Minimum Collateral Ratio
ZEBRA Protocol allows users to borrow at a minimum collateral ratio of 130%, which corresponds to a loan-to-value ratio of 77%. This makes borrowing highly capital efficient and allows for up to 4.33x leverage.
🔥 Efficient Liquidation Mechanism (ELM)
Liquidations ensure the system remain solvent. Thus, ZEBRA Protocol's instant and efficient liquidations mechanism (ELM) of Troves that fall under the minimum collateral ratio of 115% maintains the health and stability of the protocol, which implemented by a stability pool.
🦃️ Diversified Underlying Assets
However Zebra Protocol is not only a fork of Liquity, also it enhances Liquity's origin model to support multiple assets on ZETA Chain
👑 Governance
ZEBRA Protocol will introduce an ES-Model to amplify the sustainability of the system, utilized by its native governance token esZEBRA.
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