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Information
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Solend is the lending platform powered by Solana that operates autonomously with an interest rate mechanism.
Issue Time
1970/01/01
Initial Price
US $ 0.28002176
Circulation/Max
35.56M/100.00M
Dominance
0.00%
ROI --%
Information
What is Solend?
Solend is an algorithmic, decentralized protocol for lending and borrowing on Solana. With Solend, anyone with an internet connection can earn interest or take a collateralized loan against their assets on Solana.
Why is Solend important?
Lending and borrowing has proven itself as being key in a DeFi ecosystem. However, current products are slow and expensive. On Solana, Solend can scale to being 100x faster and 100x cheaper.
What can users do with Solend?
With Solend, users can: Earn interest, Borrow, Leverage long, Short.
What is $SLND?
$SLND is the native utility token of Solend.
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