
Save Finance is an algorithmically based deFi protocol that allows for lending and borrowing on Solana.
What is Save (formerly Solend)?
Save is a DeFi protocol that allows for lending and borrowing on the Solana Chain allowing users to earn interest on deposits. With Save, 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. Save also has a governance token (SLND), which allows users to buy into the protocol.