LEND priceLEND
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
- Total supply
- 1B LEND
- Self-reported circulating supply
- 0 LEND
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About LEND
LEND is a bridgeless cross-chain lending protocol with real yield value extraction from protocol to holder.
LEND will initially support Ethereum, BNB Chain, Polygon, Arbitrum, Optimism with plans to quickly expand onto Solana and Cosmos SDK ecosystems.
LEND makes it possible to borrow and lend assets between various chains, without the need to bridge any assets. Increasing borrowing capacity expands the lenders' opportunity to earn interest. Borrowers will also benefit from lower borrowing rates on multiple chains thanks to LEND.
A lending protocol that generates revenue through facilitating swaps and interest rate differentials, generating revenue on the spread.
Lending pools have an algorithmically derived interest rate model, which is based on the current supply and demand of each asset. To ensure protocol safety from adverse events, we adopted a risk mitigated approach that requires borrowers to over-collateralization for optimal liquidity within protocol & unhealthy accounts are subject to automated liquidations. The money markets will only supply the most liquid assets available to further ensure the stability of the protocol.