Solend

Solend Data

Solend Overview

Solend (SLND) stands as a decentralized financial protocol operating within the Solana blockchain ecosystem, providing a range of lending and borrowing solutions for digital assets. At its core, SLND functions as the native governance token, granting users the tools they need to optimize their asset management. Users can earn interest through lending, secure liquidity via collateral, and experience passive income generation. The possession of SLND tokens also opens the door to active involvement in governance matters, wielding influence over the protocol's trajectory and determining how transaction fees are allocated on the platform. Solend has emerged as a catalyst for decentralized finance opportunities within the Solana network since its inception in 2021, with an anonymous developer known as Rooter leading the team.