Solend – what is it and how exactly does it work?

Solend stands for a decentralized lending and borrowing platform built on the Ethereum blockchain. It empowers users with the ability to actually lend and borrow cryptocurrencies with no centralized intermediary involved. Solend operates through smart contracts that are executed on blockchain, thus providing transparency and efficiency for its users. Read on to learn more about such matters as lending and credit, rewards and earnings, creating pools, etc.

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