Wednesday, February 19, 2025
banner
Top Selling Multipurpose WP Theme

Share this text

The group behind Solend, the highest lending platform on the Solana blockchain, is: announced At present is their presentation new A DeFi lending and borrowing protocol utilizing the Sui blockchain. Named “Suirendo”, new The challenge is constructed utilizing the Transfer programming language, leveraging Sui’s excessive efficiency and superior tooling capabilities.

Solend protocol is the ninth largest in Solana with $212 whole quantity locked Make 1,000,000 That is the first lending protocol on the blockchain. We serve over 170,000 customers who lend and borrow throughout over 70 asset sorts.

Since its launch 10 months in the past, Sui’s DeFi protocol has grown quickly and now has over $500 million in whole locked quantity, as shared in a latest article on Sui. blog post. With the Suilend protocol, the Solend group goals to benefit from the excessive throughput and quick settlement occasions which are particularly helpful for his DeFi protocols.

Rooter, the pseudonymous founding father of Solend, mentioned the group’s objective with Suilend is to construct a “rocket ship” utilizing the superior instruments supplied by Sui and Transfer.

“Growing on Ethereum and Solana felt like constructing a cathedral with a chisel and a hammer. That’s to not say it will possibly’t be constructed. great Cathedrals are a number of the most vital of them stunning human achievements.However we need to construct This requires superior instruments reminiscent of laser cutters and welders. That is what Sui and Transfer provide with higher developer instruments,” he mentioned.

In response to the challenge’s announcement on X, Suilend’s mainnet launch is at present accessible to Beta Cross holders.

Share this text

banner
Top Selling Multipurpose WP Theme

Converter

Top Selling Multipurpose WP Theme

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

banner
Top Selling Multipurpose WP Theme

Leave a Comment

banner
Top Selling Multipurpose WP Theme

Latest

Best selling

22000,00 $
16000,00 $
6500,00 $
900000,00 $

Top rated

6500,00 $
22000,00 $
900000,00 $

Products

Knowledge Unleashed
Knowledge Unleashed

Welcome to Ivugangingo!

At Ivugangingo, we're passionate about delivering insightful content that empowers and informs our readers across a spectrum of crucial topics. Whether you're delving into the world of insurance, navigating the complexities of cryptocurrency, or seeking wellness tips in health and fitness, we've got you covered.