What is Solend and how does it work By Cointelegraph
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Solend is a decentralized lending and borrowing protocol built on . It is lauded for expanding the methods available for Solana users to boost financial gains. Filling a large gap in the Solana ecosystem, Solend drew a staggering $100 million in deposits in just over a month post-launch.
Related: DeFi lending and borrowing, explained
How crypto lending works on Solana
Earnings and rewards
Pools
Account panel
How Solend earns
Wrong feed by oracles
Vulnerability of smart contracts
100% utilization of funds
Liquidations
Large, single borrowers
Continue Reading on Coin Telegraph
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Solend is a decentralized lending and borrowing protocol built on . It is lauded for expanding the methods available for Solana users to boost financial gains. Filling a large gap in the Solana ecosystem, Solend drew a staggering $100 million in deposits in just over a month post-launch.
Related: DeFi lending and borrowing, explained
How crypto lending works on Solana
Earnings and rewards
Pools
Account panel
How Solend earns
Wrong feed by oracles
Vulnerability of smart contracts
100% utilization of funds
Liquidations
Large, single borrowers
Continue Reading on Coin Telegraph