ZkLend announces project closure, remaining funds will be used for user compensation ZkLend officially announced that the team will gradually shut down the project. The team stated that recent security vulnerabilities have seriously affected user confidence, and the ZEND token has been delisted from major exchanges, resulting in limited liquidity and availability. The team has decided to use the remaining $200000 to support the compensation fund for affected users and will continue to track down the stolen funds. Meanwhile, zkLend will open source its audited code for further development by interested parties.