🍀Welcome to Zelo

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 Jito liquid staking pool, which earns yield. Winners are chosen verifiably randomly every week through Switchboard's SRS (Switchboard Randomness Service), an improvement over other VRFs. 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 The actual user deposits will stay intact and can be withdrawn anytime.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User deposits are instantly deposited into a liquid staking pool, and withdrawals are instantly withdrawn from the liquid staking pool.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.

Verifiably Random:

Zelo uses the latest Switchboard's SRS (Switchboard Randomness Service), an improvement over other VRFs. It ensures all the winners are picked verifiable random.