Frequently asked questions

Zeeria is a non-custodial crypto-backed lending protocol on Base L2. You deposit BTC or ETH as collateral and borrow USDC stablecoins without selling your assets. Smart contracts hold your collateral — we never can.

Yes. Your collateral sits in an isolated CollateralVault contract that only the lending pool can access. There is no admin key that can seize user funds. All parameter changes go through a 48-hour Timelock + Gnosis Safe 3-of-5 multisig.

Base is an Ethereum Layer-2 rollup built by Coinbase. It inherits Ethereum's security but offers ~100× cheaper gas and ~10× faster confirmations. Withdrawing back to Ethereum mainnet takes ~7 days (standard rollup challenge window) — or seconds via third-party bridges.

HF = (collateral value × liquidation threshold) ÷ debt value. An HF ≥ 1 means your position is solvent. When HF drops below 1, liquidators can repay part of your debt and seize your collateral + a 5% bonus. See How it works for details.

LTV (max 70%) is the most you can borrow relative to your collateral value at borrow time. Liquidation threshold (75%) is the ratio above which liquidators can seize your collateral. The 5-percentage-point buffer protects you against minor price swings.

Borrow APR is dynamic and set by a kinked interest-rate curve. At 0% utilization, you borrow near 0%. At 80% utilization (the "kink"), rate is ~3.2%. Above the kink, rate climbs sharply to incentivize repayment. Lenders earn a share of the borrow interest minus a 10% reserve factor.

Origination fee: 0.25% rolled into debt at borrow time. Liquidation bonus: 5% paid to liquidators, not to Zeeria. There are no deposit, withdrawal, or early-repayment fees. Gas on Base is ~$0.01 per action.

Zeeria's contracts have passed 147 unit, fuzz (10k+ runs), and invariant tests. The full source is open and verified — read every contract on Basescan. Admin functions go through a 3-of-5 multisig with a 48-hour Timelock; no unilateral upgrades. Reports from external audits are published in the security section as they complete.

When your HF drops below 1, anyone can call liquidate() on your position. They repay up to 50% of your debt (close factor) and receive that USD value's worth of your collateral, plus a 5% bonus. Your position remains open with reduced collateral and debt — you can add collateral to rescue it or it can be liquidated further.

No. Zeeria is not available to residents of the United States, United Kingdom, the United Arab Emirates (the operator's home jurisdiction), or jurisdictions sanctioned by the OFAC. Our Terms of Service detail the full geographic restrictions. This restriction is enforced at the app layer and via Cloudflare WAF; smart contracts themselves are permissionless but we strongly encourage compliance with your local laws.

Sign in via the "Sign in" button in the header (email, Google, Apple, or connect an existing wallet). Then visit the welcome bonus page for an initial allocation of WBTC and USDC to start your first position. From there, deposit collateral and borrow against it. Each transaction costs ~$0.01 in network fees on Base.

Once signed in, visit /faucet and click to claim 1 WBTC + 10,000 USDC into your wallet — enough to deposit, borrow, repay, and explore every flow. You'll also need a small amount of ETH to pay network fees on Base. Free ETH is available from Alchemy's faucet.

Zeeria is operated by Intermo PSP FZCO (DMCC licence DMCC203932), a UAE free-zone company registered in Dubai. The founding team comes from software engineering and financial-tech backgrounds. Smart-contract parameters are governed by a 3-of-5 multisig with a 48-hour Timelock on every change — no unilateral admin power.

No. Nothing on Zeeria is financial advice. DeFi carries substantial risk including, but not limited to: smart-contract bugs, oracle manipulation, market volatility, and total loss of funds. Only deposit what you can afford to lose. See Risk Disclosure.