Solend is an algorithmically based deFi protocol that allows for lending and borrowing on Solana.
What is Solend?
Solend is a DeFi protocol that allows for lending and borrowing on the Solana Chain allowing users to earn interest on deposits. With Solend, Borrowers can leverage long and short crypto assets. The protocol boasts cheap transaction fees and high throughput which make it a preferred DeFi platform and allows users to earn interest and borrow up to 16 assets on more than 40 pools. Solend also has a governance token (SLND), which allows users to buy into the protocol.
