Solend is a Solana-based, decentralized platform for lending and borrowing and accepts Coin98, UXP Governance Token, Solana Monkey Business Droplet, Lido Staked SOL, etc. In the DeFi ecosystem, lending and borrowing are significant. But, current prod...Moreucts are inefficient and costly. Solend can scale to be 100 times quicker and less expensive on Solana. This platform aims to be the most user-friendly and safe solution. Solend is similar to Compound and Aave in terms of functionality. However, Solend is more efficient and less expensive. Users can post interest-earning assets and borrow money against them on this platform. They will be liquidated if the value of their collateral falls. Solend's native token is SLND and the current reward for the liquidity mining scheme is SLND.
A quick snapshot of Solend ROI (return on investment) over different time periods.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
We have not found any community for this project on social media platforms. Projects with no community will have a difficult time to become successful. If you think this is wrong please report to firstname.lastname@example.org.
Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
Project announcements and news have a significant impact on the price. Below are live updates from Solend's Twitter and Reddit accounts.
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