Lend Finance
1. Summary
- Description
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LEND is a cross-chain lending protocol designed to unlock numerous open financial applications. It allows users to lend and borrow assets between multiple blockchain ecosystems, increasing borrowing capacity and lending opportunities. The protocol is built on the "real yield" narrative, aiming to provide seamless and efficient transactions across v...
LEND is a cross-chain lending protocol designed to unlock numerous open financial applications. It allows users to lend and borrow assets between multiple blockchain ecosystems, increasing borrowing capacity and lending opportunities. The protocol is built on the "real yield" narrative, aiming to provide seamless and efficient transactions across various chains, benefiting both borrowers and lenders.
Key Features
Cross-Chain Capability
LEND enables users to borrow and lend assets across different blockchain networks, making it possible to tap into larger liquidity pools. Users can deposit assets on one chain and borrow on another, thanks to the Mortgage Master model contract, which ensures secure cross-chain transactions.
Algorithmic Interest Rates
The lending pools use algorithmically derived interest rates, influenced by the current supply and demand of each asset. This model ensures dynamic and fair returns for lenders.
Risk Mitigation
The protocol employs a risk-mitigated approach, requiring borrowers to provide over-collateralization to ensure optimal liquidity. Unhealthy accounts are subject to automated liquidations, maintaining the stability of the protocol. The money markets only supply the most liquid assets available, further enhancing stability.
Token Utilities
$LEND tokens play a crucial role in the LEND ecosystem, offering holders benefits such as earning protocol revenue and participating in governance.
Price | |
All Time High (ATH) Date | 19th Jul 2024 (4 months ago) |
All Time Low (ATL) Date | 19th Jul 2024 (4 months ago) |
Supply & Trading Volume |
How does Lend Finance's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
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Similar Market Cap
We're monitoring 1 Lend Finance GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Lend Finance Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 0 commits vs. an average of 112
Most Active Repos
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Top Developers 2024
In total, 0 developers have contributed to Lend Finance over the past year. Who are the most active Lend Finance developers, by commits, over the past year?
Related Projects
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Historic data is only available from 22nd April 2022
Total Followers
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Active Discord Users | |
Telegram Users | 17,500 |
Twitter followers | 64,070 |
No recent news found.
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Website | https://www.lend.finance/ |
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@lend_finance |
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No security audits found for this project.
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