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Pledge one crypto to borrow another
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Golden Finance reported that DeFi platform Zaros announced the completion of a $1.8 million financing round, with participation from SNZ Holdings, Seven Capital, Cogitent Ventures, DCI Capital, as well as angel investors including Antony Sassano, Fernando Martinelli, Kieran Warwick, Andy Chen, and Kevin Lu. Zaros has introduced a Unilateral Liquidity Pool (ZLP Vault) for pledging liquidity tokens such as Lido and re-staking liquidity tokens such as EigenLayer. Liquidity providers (LPs) earn actual ETH returns through transaction fees in the perpetual futures market. It is reported that Zaros plans to launch a token and announce market-making partner information by the end of May.