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NextSecurity

Last updated 8 months ago

Zelo Finance Protocol - Lossless Lottery Prize Savings Protocol on Solana

Zelo is a lossless savings protocol where every deposit earns a chance to win big without any risk to the principal.

How does it work?

All the user deposits are deployed into a liquid staking pool, which earns yield. Winners are chosen verifiably randomly every week. Winners get the accrued yield while all participants keep their deposits.

Features:

Lossless:

Only the yield resulting from the user deposits will be distributed to winners. The actual user deposits will stay intact and can be withdrawn anytime.

Instant:

User deposits are instantly deposited into a liquid staking pool, and withdrawals are instantly withdrawn from the liquid staking pool.

Non-Custodial:

You are in total control of your funds. Zelo program directly deposits and withdraws through the liquid staking pool.

🍀
Jito