Grand Cayman, Cayman islands, Could seventh, 2024, Chainwire
Suilend launches factors marketing campaign following a profitable beta with over $40 million in TVL.Suilend, the pioneering lending protocol developed by the Solend crew, is launching a factors marketing campaign to reward customers for depositing belongings on the platform.
Through the factors marketing campaign, Suilend will distribute 10 million factors every day to its customers. These factors can be recorded on the Sui blockchain as non-transferable, non-claimable tokens. Moreover, the crew will put aside factors and bounties to reward customers who actively contribute to Suilend. Contributions can vary from writing threads and creating memes to selling the undertaking in ways in which profit your entire Suilend neighborhood.
Suilend is at the moment the fastest-growing lending platform on Sui. Since launching on March 11, 2024, Suilend has attracted over $40 million in complete worth locked (TVL). Within the course of, it has paid $160k in curiosity to over 5,000 customers.
“We’re very impressed with Suilend’s record-breaking progress. On account of consumer demand, we’re having to boost deposit limits virtually each week. We’re happy to be main the fastest-growing protocol in Sui DeFi,” said Rooter, the pseudonymous founding father of Suilend.
Greg Siourounis, Sui Basis Managing Director mentioned, “The Suilend crew introduced in depth expertise and experience to Sui. Suilend’s progress on Sui has been an astounding demonstration of talent not solely in creating an attractive and enticing DeFi platform, but additionally in speaking the advantages of the platform to the Sui neighborhood. Suilend continues to be an incredible addition to the Sui DeFi ecosystem garnering rising consideration from the neighborhood.”
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This text was initially revealed on Chainwire
