Solend is an algorithmic, decentralized protocol for lending and borrowing on Solana. With Solend, anyone with an internet connection can earn interest or take a collateralized loan against their assets on Solana.
Lending and borrowing has proven itself as being key in a DeFi ecosystem. However, current products are slow and expensive. On Solana, Solend can scale to being 100x faster and 100x cheaper.
With Solend, users can: Earn interest, Borrow, Leverage long, Short.
$SLND is the native utility token of Solend.