| General information | |
|---|---|
| Global rank: | 730 |
| Name: |
Save |
| Symbol: | SLND |
| Current coin price (EGP): | 31.42 £ |
| Last hour: | arrow_upward0.250 % |
| Last 24 hours: | arrow_downward-8.02 % |
| Last 7 days: | -9.08 %trending_down |
| Capitalisation (EGP): | 1 260 280 211.80 £ |
| Volume 24h (EGP): | 2 436 304.29 £ |
| Available supply: | 40 105 883.00 SLND |
| Total coin supply: | -1 SLND |
| Start date: | 2021-06-08 |
Save/Egyptian Pound (SLND/EGP) price chart
Save/Egyptian Pound (SLND/EGP) capitalisation and volume charts
Solend (SLND) is a cryptocurrency and a financial protocol built on the Solana blockchain. It functions as an algorithmic, decentralized platform tailored for lending and borrowing activities within Solana's DeFi ecosystem, providing crucial lending and borrowing services for a range of digital assets. Additionally, SLND serves as the native governance token governing the Solend protocol.
Solend is a platform on the Solana network that empowers users to optimize their digital assets by offering lending and borrowing opportunities. Cryptocurrency holders can earn interest by lending their assets, and borrowers can access liquidity by using their assets as collateral. This ecosystem provides avenues for passive income and access to decentralized financial services on Solana. The SLND token is central to Solend's governance, allowing token holders to actively participate in decision-making processes, influence protocol changes, and use SLND for transaction fees on the platform.
The Solend team is spearheaded by an anonymous developer known as Rooter, and Solend was established in the year 2021.