Description
Lends is a cutting-edge DeFi project built on the Ethereum blockchain, offering seamless lending and borrowing services through smart contracts, ensuring transparency and security. Users can deposit digital assets to earn interest or collateralize their crypto holdings for borrowing. The platform features a native governance and utility token, LENDS, launched in 2024, with a fixed supply of 625,000,000 tokens, although none are currently in circulation. Lends facilitates diverse financial activities such as borrowing, lending, swapping, saving, and peer-to-peer trading, and serves as the flagship lending application on the Thorchain platform. It boasts over $140 million in TVL and 300,000 unique users. Lends offers innovative products, including 0% interest and non-liquidation loans through an overcollateralized burning model. The platform is actively traded across 12 markets with fluctuating trading volumes and prices. For more, visit https://lends.so/
Lends is a cutting-edge DeFi project built on the Ethereum blockchain, offering seamless lending and borrowing services through smart contracts, ensuring transparency and security. Users can deposit digital assets to earn interest or collateralize their crypto holdings for borrowing. The platform features a native governance and utility token, LENDS, launched in 2024, with a fixed supply of 625,000,000 tokens, although none are currently in circulation. Lends facilitates diverse financial activities such as borrowing, lending, swapping, saving, and peer-to-peer trading, and serves as the flagship lending application on the Thorchain platform. It boasts over $140 million in TVL and 300,000 unique users. Lends offers innovative products, including 0% interest and non-liquidation loans through an overcollateralized burning model. The platform is actively traded across 12 markets with fluctuating trading volumes and prices. For more, visit https://lends.so/
