DeFi Lending Venture Rides Solana’s High-Speed Chain to $100M in Deposits
Solend, a lending platform built on the proof-of-stake blockchain, Solana, has hit $100M in deposits, according to its team. Solend has done so without liquidity mining opportunities, but those are coming. Solend works basically the same way Compound and Aave do. Users can post assets that will earn interest, and they can borrow a certain…
By: Brady Dale •
DeFiSolend, a lending platform built on the proof-of-stake blockchain, Solana, has hit $100M in deposits, according to its team. Solend has done so without liquidity mining opportunities, but those are coming. Solend works basically the same way Compound and Aave do. Users can post assets that will earn interest, and they can borrow a certain…
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