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DeFi Lending Protocol Dolomite Launches Zap for One-Click Collateral

Dolomite, the lending protocol for efficient capital deployment, has announced Zap, a one-step collateral solution. This first-of-its-kind feature enables DeFi users to increase their collateral against leveraged assets on demand. By eliminating multiple hops normally associated with the process, Zap is designed to save time while increasing available liquidity. Users on the Arbitrum network have the ability to borrow against a wide range of assets using Dolomite’s advanced lending protocol, often including assets not found on other lending protocols. This includes borrowing against yield-generating assets such as GMX’s “GLP” liquidity token.

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