Solend is a DeFi borrowing and lending platform that allows users to borrow or lend crypto funds. It opened gateways for Solana users to increase the methods they can employ to profit from the market. The platform's purpose is to change the process of lending. And the only way that can be accomplished is if users themselves become online mini-banks. Users then pick if they want to lend or borrow funds, mainly in stablecoins or SOL, which is Solana’s native cryptocurrency equivalent to Ethereum’s ETH.
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