How to Buy ZeroLiquid Crypto (ZERO)
What is ZeroLiquid ZERO?
According to Coingecko, ZeroLiquid is : What is the project about? Self-Repaying loans for your LSD Tokens Use your LSD tokens to get self-repaying, 0% interest loans without the risk of liquidation. What makes your project unique? With ZeroLiquid, you can leverage your future yield to pay for current personal expenses. Rather than relying on credit, either decentralized or centralized, or paying out of pocket, you can redirect your yield/loan to cover your expenses. History of your project. After months of tireless effort and collaboration with an amazing team, we are excited to announce ZeroLiquid, a novel protocol that offers interest-free, self-repaying loans for LSD tokens. Before we dive into ZeroLiquid, let’s take a step back and first understand why it’s even needed in the first place and what problem it is solving. Liquid Staking Tokens In the majority of POS chains such as Ethereum, you can stake it to earn rewards for help in verifying the transactions. However, while the tokens are staked they cannot be transacted, traded, or used as collateral — they are illiquid. LSD solves that part but you still have to pay high interest rate and had to deal with liquidation risk. ZeroLiquid solves that: lock your LSD tokens in our protocol, and the protocol will issue you synthetic tokens that can be freely traded on the market giving you instant liquidity. Don’t worry about paying back the loan as it will be paid off using the rewards earned on it. You can also early unstake it by paying back the remaining loan, simple as that. What’s next for your project? Ongoing: Successful stealth launch at March 19th Live AMAs Litepaper/Gitbook Protocol development Marketing and partnerships Apr 2023 Dapp Design launch Protocol development Testnet competition What can your token be used for? The $ZERO token is a governance/utility token that will have a fair launch with no public/private sale. It will attain further utility with the ZeroLiquid protocol as new features are implemented.
Where can I buy ZERO Crypto?
You can buy ZeroLiquid on Uniswap.
Why should you buy ZeroLiquid?
ZeroLiquid is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.
How to Buy ZeroLiquid Crypto?
Step 1 - Setting up a Metamask Wallet
Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.
Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.
Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.
Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.
Step 2 - Buy Ethereum on Simpleswap
Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.
Click here to access Simpleswap
Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for ETH, and click "Exchange", just like this:
Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Ethereum address. It should add it automatically.
You can now choose between Google Pay or card to complete the payment:
Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.
Step 3 - Buy ZeroLiquid on Uniswap with ETH
Uniswap is currently the number one Decentralized Exchanged in the world, and it's simply the best place to buy cryptocurrencies that aren't available on sites like Coinbase or Binance.
Before we head over to Uniswap, we need to prepare your Metamask Wallet to receive ZeroLiquid. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0xb0ed33f79d89541dfdcb04a8f04bc2c6be025ecc
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive ZeroLiquid (ZERO).
You can check the price and confirm the correct token address of ZeroLiquid on Coingecko.
Let's buy some ZeroLiquid!
Go to Uniswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it). Now you need to accept, connect, and your wallet should be connected to Uniswap.
Select a token and paste the Token contract address: 0xb0ed33f79d89541dfdcb04a8f04bc2c6be025ecc
Click Import and accept the terms.
Now you have to select the amount of ETH you want to trade for ZERO. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your ZERO should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of ZeroLiquid!
In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:
Step 4 - Store ZeroLiquid on Ledger
Check out our guide on how you can store ZeroLiquid on Ledger's Hardware Wallet
Check out ZeroLiquid links:
Please make sure you read our Disclaimer. We are not financial advisors.