Users can interact with the protocol in a few ways; Deposit crypto assets to earn competitively high interest, similar to a traditional savings account. Or use their crypto assets as collateral to borrow other assets. As Multichain announced their Integration with LEND Finance.

LEND’s DeFi lending platform offers crypto holders the opportunity to earn passive interest by supplying liquidity for borrowing requests while giving crypto users instant access to on-chain liquidity without the hurdles often encountered on traditional platforms.

LEND’s innovative cross-chain development empowers lenders and borrowers to allocate collateral across various chains, enabling instant liquidity access on any supported blockchain.

How this collaboration changes the DeFi landscape

LEND’s collaboration with Multichain and anyCall aims to bridge this gap and unify the DeFi landscape by enabling effortless lending and borrowing of assets across various chains at the click of a button. This increased borrowing capacity expands lenders’ opportunities to earn interest while providing borrowers with easier access to a broader selection of lower borrowing rates across multiple chains.

­

About LEND

LEND Finance is the cross-chain DeFi lending platform designed to help users effortlessly maximize their crypto assets’ earning potential. With LEND, users can deposit crypto assets to earn competitive interest rates or use their crypto holdings as collateral to borrow other assets.

Website | Twitter

­

About Multichain

A decentralized cross-chain router designed to facilitate communication between distinct and diverse blockchains. As the leader in the cross-chain sector, Multichain boasts a growing family of EVM and non-EVM chains (currently 89) and deployed bridges (currently 3,500+).

Website | Twitter

­

SOURCE: MEDIUM

REQUEST AN ARTICLE

The post Multichain Integration with LEND Finance appeared first on Smart Liquidity Research.

LEND Finance In the near future,  will introduce the LEND Lounge — the ultimate hub for its community to gather, connect, and stay updated on all things LEND.

What is the LEND Lounge in USM Metaverse?

The LEND Lounge, which is currently in development, will serve as the central meeting point in the USM Metaverse for our community during the pre-launch phase. Here, you’ll find all the details and countdowns for our LEND prelaunch events, where we’ll be giving away over $120,000 in prizes! The main events you can look out for are our $20,000 Testnet where we will be distributing the massive prizepool between the first testers of the LEND cross-chain beta, our LEND Private sale event and concluding with a huge CoinMarketCap Airdrop of $100,000 in $LEND tokens to participants.

Their collaboration with RACA will bring the LEND Lounge to life, playing an essential role in its pre-launch activities, such as the testnet and airdrop events. As they prepare for the launch of cross-chain lending protocol.

About RACA

RACA (USM.WORLD) is a thriving web3 ecosystem initiated by the Maye Musk NFT Dog community. Boasting over 3.7 million units of BNB Coins (2 billion USD equivalent) in trading volume within just nine months. The RACA ecosystem includes game characters and virtual lands. RACA is backed by OKX Ventures and Consensys Mesh Tachyon, the parent company of MetaMask, and has a massive web3 community spread across 29 fanbase regions, with 665k followers on Twitter, 510k on Telegram, and 68k on Discord.

USM (United States of Mars) is an ancient planet known for its Mars-like ecology and landscape. Forged by the Galaxy Forger — Looki, a celestial creature responsible for the creation of countless stars, constellations, and planets, USM.WORLD is home to the RACA community, which values innovation, sustainability, honor, and cultural heritage. This rising planet emphasizes art, craftsmanship, good cause, and innovation, from the engines of forward thinking.

 Website |  Twitter

About LEND Finance 

LEND is a seamless cross-chain DeFi lending protocol. LEND makes it possible to instantly access liquidity cross-chain in a single click with our seamless platform. With $LEND tokens we will finally extracting real yield for our users and creating a DeFi revolution.

 Website |  Twitter

SOURCE:
https://medium.com/lendfinance/lend-finance-announces-an-exciting-partnership-with-raca-learn-about-the-lend-lounge-b50cde531fff 

REQUEST AN ARTICLE

The post LEND Finance and RACA Partnership appeared first on Smart Liquidity Research.