The first quarter point activity of Solend, a lending protocol, has ended and rewards will be distributed in the next few days.
Solana lending protocol Solend announced that the first season of its reward program has ended and rewards will be distributed in the coming days.Previously reported, Solend introduced margin trading and an improved reward program, expanding its business beyond lending. The first season's rewards started at 100,000 SLND tokens and will continue to increase with completed transactions with reward partners. Methods for earning rewards include: depositing and borrowing in the main pool, margin trading, contributing to the community, and a soon-to-be-released method where 10 million tokens will be distributed daily based on supply and borrowing ratios.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
