> For the complete documentation index, see [llms.txt](https://zona.gitbook.io/zona-documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://zona.gitbook.io/zona-documentation/zonalend/overview.md). # Overview ZonaLend allow users to deposit and borrow in-house RWAs tokenized by Zona, third-party RWAs tokenized by other issuers, and crypto-native assets such as USDT, USDC, WETH, and others. **What are some example use-cases?** 1. **Leveraged long:** Users can deposit RWA tokens as collateral, borrow stablecoins, use stablecoins to purchase additional RWA tokens, deposit them, and repeat. This looping mechanism functions as a leveraged long on RWA token prices and enhanced exposure to rental income generated by RWAs. 2. **Leveraged short:** Users can deposit USDT as collateral, borrow RWA tokens, use RWA tokens to purchase additional stablecoins, deposit them, and repeat. This looping mechanism functions as a leveraged short on RWA, allowing users to profit if the value of the tokenized parking spaces falls. Note that if the RWA is yield-bearing, users who choose to short in this manner will be accruing additional debt from the rental income generated by the RWA. 3. **Non-RWA exposure:** In addition to RWAs, Zona's lending product will also support other crypto-native assets such as USDT, USDC, WETH, and others. If users only want exposure to crypto assets, Zona's lending platform is also able to function as other regular lending platforms do. **What will the Maximum Loan-to-Value (LTV) be?** Maximum Loan-to-Value (LTV) ratios will differ per asset based on volatility and available liquidity. For PARK tokens, the initial LTV ratio will be set at 50%, with further adjustments after a period of monitoring. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://zona.gitbook.io/zona-documentation/zonalend/overview.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.