MH Ventures presents LEND
A Multi-Chain Lending Protocol with Real Yield Value Extraction from Protocol to Holder
Lending protocols have generally been quite profitable, regardless of whether the market is in a bull or bear phase. There is always a demand for decentralized lending solutions. The native asset holders are often left behind in these scenarios, as they only see their token prices increase or decrease based on market conditions.
The LEND protocol solves this problem by providing holders with locking and staking rewards that are proportional to the protocol’s success. In this way, Lend holders can participate in the protocol’s profitability rather than just being subject to the whims of the market. This should help create a more sustainable ecosystem for the protocol and its users.
Lend is a new multi-chain lending protocol that cuts out the middleman and makes borrowing and lending faster, cheaper, and easier than ever. It is designed to be efficient and user-friendly, allowing users to easily lock or stake their tokens and earn a return. It is the first of its kind in the DeFi space, offering a unique opportunity for users to earn a passive income.
How Does it Work?
The LEND Protocol lets users swap assets and earn revenue from interest rate differentials. Interest rates in lending pools are derived algorithmically based on supply and demand. To protect against adverse events, the protocol uses a risk-mitigated approach that requires borrowers to over-collateralize for optimum liquidity within the protocol. To further ensure the protocol’s stability, the markets will supply only the most liquid assets.
Automated liquidations apply to unhealthy accounts. This way, investors are provided with a wide range of options, and the platform remains stable. Suppliers and borrowers of assets can earn and pay a floating interest rate by interacting directly with the protocol.