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About Solend(SLND)
What is Solend?
Solend is a protocol that operates in a decentralized and algorithmic manner, allowing for lending and borrowing on Solana. Lending and borrowing are crucial components of the DeFi ecosystem, but current products are often slow and costly. Solend, on the other hand, can scale to be 100 times faster and cheaper on Solana. Solend strives to be the most user-friendly and secure solution available on Solana. With Solend, you can earn interest, borrow, leverage long, and short.
How does Solend Work?
Solend is a DeFi primitive that operates on Solana, providing on-chain lending and borrowing. By integrating Solend, you can improve capital efficiency by earning yields on idle funds and enable a wide range of DeFi yield strategies. Solend offers a kickback to integrations, allowing them to earn borrow fees or utilize their platform to generate higher yields or improve capital efficiency for their users. There are many integration ideas, such as DeFi Vaults, GameFi games built on top of Solend mechanics, streaming yield-bearing cTokens for payroll, fixed yield protocols using cTokens, historical APY dashboards, margin trading that borrows from Solend's reserves, account liquidation savers, recursive deposit and borrow tools, and prize-linked savings accounts. Solend is one of the easiest platforms to integrate on Solana, with their open sourced codebase and SDK. They also have a lightweight client that demonstrates usage of the SDK.
SLND to local currency
Crypto calculator- 1 SLND to USD$0.53
- 1 SLND to JPY0.5279522
- 1 SLND to VND0.5279522
- 1 SLND to RUB0.5279522
- 1 SLND to EUR (Español)0.5279522
- 1 SLND to TRY0.5279522
- 1 SLND to EUR (Italiano)0.5279522
- 1 SLND to EUR (Français)0.5279522
- 1 SLND to EUR (Deutsch)0.5279522
- 1 SLND to CNY0.5279522
- 1 SLND to TWD0.5279522
- 1 SLND to EUR (Português)0.5279522
- 1 SLND to IDR0.5279522
- 1 SLND to THB0.5279522
- 1 SLND to PLN0.5279522
- 1 SLND to UAH0.5279522
- 1 SLND to UZS0.5279522
- 1 SLND to SAR0.5279522
- 1 SLND to PHP0.5279522
Trade SLND perpetual futures
After having successfully signed up on Bitget and purchased USDT or SLND tokens, you can start trading derivatives, including SLND futures and margin trading to increase your income.
The current price of SLND is $0.5280, with a 24h price change of -1.75%. Traders can profit by either going long or short onSLND futures.
Join SLND copy trading by following elite traders.
Solend news
See moreBlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”
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