LEND is a multi-chain lending protocol with real yield value extraction from protocol to holder. 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.
LEND will be launching on BNB Chain, Ethereum and Polygon. In the future, LEND will seek to also expand to Avalanche and Cronos amongst other EVM compatible chains and
On initial launch LEND will first be available via BNB, using BEP-20 tokens to supply and borrow on the platform (This may change depending on ecosystem growth/development). The BNB Chain guarantees fantastic speeds and competitively low transaction fees. LEND will also quickly launch on Ethereum and Polygon a few days post-launch.
