LEND is coming to Polygon

Published on: 18.11.2022
LEND is coming to Polygon

LEND is coming to Polygon to create the next generation of DeFi Lending protocols!

LEND Protocol provides solutions to the main problems found in DeFi ecosystems. Arguably, some of the biggest challenges in the DeFi ecosystems are unsustainable revenue share models that only benefit the protocols, lack of use case and real utility for native tokens, sub optimal risk management, and difficult UI / UX. LEND Protocol aims to solve these problems with our ‘real yield’ revenue sharing model that will bring value and utility to the whole of our ecosystem.

This exciting integration with Polygon will enable LEND to support its lending and borrowing markets expansion to a new chain. For its users, this will mean they are able to interact and make the most out of the best DeFi opportunities within the vibrant and growing Polygon ecosystem. Including the ability to lend out $MATIC tokens to earn the best APY and even use it as collateral when borrowing from its borrow markets.

Why Polygon?

Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. LEND sees this exciting integration with Polygon as an incredible opportunity to join the Polygon ecosystem, and expand its DeFi reach to new users whilst strengthening our position as a new leading multi-chain lending protocol.

About Polygon

Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions. Polygon’s scaling solutions have seen widespread adoption with tens of thousands of decentralized apps. And unique user addresses exceeding 174.9M and $5B+ in assets secured. The network is home for some of the biggest Web3 projects such as Aave, Uniswap, OpenSea and well-known enterprises including Robinhood, Stripe and Adobe. Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.

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About LEND

LEND is a multi-chain lending protocol with real yield value extraction, from protocol, to holder.

 Website |  Twitter 

 

SOURCE:
https://medium.com/lendfinance/lend-is-coming-to-polygon-to-create-the-next-generation-of-defi-lending-protocols-eec44febcd3a

 

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