🔵Introducing LEND
Last updated
Last updated
LEND is a seamless cross-chain DeFi lending protocol powered by LayerZero.
The goal of LEND is to empower the world and to create a more inclusive financial ecosystem where everyone has more control over their financial and crypto assets, while we grow an ecosystem of world-class financial opportunities and directly reward all of our users! LEND builds new onchain economic systems to enable users from anywhere in the world to have more control over their finances, provide higher yields for users in savings accounts. Regardless of if you are a seasoned DeFi pro, or brand new to crypto, we have developed an app that you can immediately get familiar with quickly and easily.
Explore fantastic omnichain DeFi opportunities on LEND, deposit your idle crypto assets and earn predictable revenue through fee sharing and bonus airdrops.
A top level introduction to all of the basic concepts powering LEND.
LEND helps you to unlock more out of your crypto assets in DeFi in 3 ways: LENDING, Borrowing & Earning Protocol Revenue.
Supply your supported assets to the protocol to earn competitively high interest rates.
LEND by supplying supported assets to the protocol, and start earning from day 1. It’s literally that easy. By supplying crypto assets to any of the LEND omnichain markets you will always earn competitive interest rates. LEND makes it easier than before to earn on any chain and unlocks DeFi in a completely new way!
One of the most exciting things about LEND is the ability to provide any token on any market. Ex: If you have USDC on Base & want to earn more by supplying it on Arbitrum, you can do at the touch of a single button!
You can think of the LEND operates like a decentralized bank. You can supply assets and earn interest from the protocol. Similar to how traditional institutions lending out funds and reward interest. The difference between LEND and the traditional finance scene is, the decentralized nature of the protocol. The lack of a centralized entity that means all revenue generated can be fairly split amongst everyone holding $LEND.
Use the following section to learn about the in-depth ins and outs of how LENDING works below:
Borrow against your supplied crypto assets and use them as collateral to instantly get a crypto loan. on any chain!
Borrow by supplying supported assets to the protocol, and create a borrow to access liquidity on any supported chain in one click! It’s literally that easy. By supplying crypto assets to any of the LEND omnichain markets and setting them as collateral you'll immediately have access to a wealth of liquidity on any supported chain, and borrowers will always have competitively low interest rates. LEND makes it easier than before to access liquidity anywhere, regardless of where you started.
One of the most exciting things about LEND is the ability to borrow any token on any market. Ex: If you have USDC on Arbitrum but really need some liquidity on Base, you can supply the USDC on Arbitrum and immediatey borrow funds on Base, all at the touch of a single button, without any painful bridging or other 3rd party access.
Provide collateral and borrow against your supported assets cross-chain to get competitively low borrowing rates. Using our clear platform its never been clearer to understand what fees you'll need to pay - luckily we'll always endeavor to keep these competitive to the market.
LEND requires all loans be over collateralized, this encourages a safer environment for all parties involved. LENDERS have less counter-party risk and BORROWERS are at much less risk of Liquidation.
Use the following section to learn about the in-depth ins and outs of how borrowing works below:
Earn a share of ALL protocol revenue generated from the protocol by Locking or Staking LEND tokens - our native platform
LEND is reshaping the DeFi landscape with a new revenue sharing model. LEND rewards users with real yield by extracting and sharing the actual revenue generated by the protocol and distributing straight back to the $LEND holders.
All users earn $LEND! As the protocol requires over collateralization to unlock loans, both Lenders & Borrowers receive $LEND from their interactions with the platform.
Use the following section to discover how users from around the globe will soon be able to use $LEND earn ‘real yield’ and passive income seamlessly with the LEND protocol.
LEND is powered and build in collaboration with LayerZero. We aim to contribute to growing LayerZero's growing omnichain ecosystem as the main DeFi lending hub.
LEND at launch will be available on BNB Chain, Ethereum, Optimism, Base and Merlin (a chain on the BTC network). Our platform fees will also always be lower than other top decentralized lending platforms too.
You can access our platform directly from your wallet app. LEND doesn’t directly hold your funds when you use the platform: you will always have 100% ownership of your own crypto
