Blocksmith Labs has unveiled its newest DeFi project, Zelo Finance, merging Atlas' FORGE lossless lottery concept with staking on Solana. User funds are deposited into the Jito liquid staking pool for a chance to win significantly larger rewards, rather than a fixed return. This approach guarantees that participants keep their staked funds without any loss, even if they don't win.
Zelo Finance also plans to launch an airdrop, rewarding users based on the amount and length of their staked assets. Additionally, Smyths and MeeGos holders will receive special allocations and a rewards multiplier, boosting their potential gains.