Solend

Solend

Lending protocol on Solana.

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Solend Introduction

Solend is an algorithmic, decentralized protocol for lending and borrowing. The autonomous interest rate machine for Solana. With Solend, anyone with an internet connection can earn interest or take a collateralized loan against their assets on Solana. And it costs next to nothing. Solend is built on Solana, and thus absorbs all of its amazing properties. Solend is blazing fast, dirt cheap, and unlocks a world of possibilities. As a core DeFi primitive, Solend contributes to the protocol network effect, in which all protocols on Solana become better. Tokens integrated into Solend are suddenly so much more useful. They can be used to earn interest, or used as collateral for a loan. This can be applied to LP position tokens, unlocking a huge amount of collateral. This also enables users to go leverage long with recursive borrows, or short another token.

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