Proof of Usefulness Report

zkLend

Analysis completed on 2/2/2026

Proof of Usefulness Score

You're In Business

Project 'zkLend' (StarkNet lending protocol) suffered a major $9.5M exploit in early 2025 and officially announced a wind-down/suspension of operations. The submission contains factually false claims (e.g., 'most people have used my product', audience 'everyone') and ignores the project's critical failure. The project has no current utility or valid traction.

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Score Breakdown

Real World Utility+0.0

Audience Reach Impact+0.5

Technical Innovation+0.75

Evidence Of Traction+0.0

Market Timing Relevance+0.0

Functional Completeness+0.0

Subtotal+1.25

Usefulness Multiplierx0.95

Final Score+1

Project Details

Project URL

zklend.com

Description

zkLendis in the Blockchain Infrastructure Industry

Algorithm Insights

Market Position

Growing utility with room for optimization

User Engagement

Documented reach suggests active user community

Technical Stack

Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline