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Cross-chain lending protocol designed to tap the strongest available supply and borrowing rates.
Lends is Thorchain’s flagship decentralized lending application and the main venue for loans within the Thorchain ecosystem. A key differentiator is its on-chain creation of debt tokens that carry 0% interest, with no liquidation and no expiration, built on an overcollateralized lending approach that uses burning rather than interest accumulation. Through new loan offerings and deep liquidity drawn from the Thorchain established network, Lends aims to become an important part of decentralized finance.
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