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What’s Solend and the way does it paintings

Solend is a decentralized lending and borrowing protocol constructed on Solana. It’s lauded for increasing the strategies to be had for Solana customers to spice up monetary positive factors. Filling a big hole within the Solana ecosystem, Solend drew a staggering $100 million in deposits in simply over a month post-launch.

Similar: DeFi lending and

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What’s ShibaSwap and the way does it paintings?

ShibaSwap is a decentralized finance (DeFi) platform that includes a decentralized change (DEX) and passive income-generating products and services like staking, liquidity swimming pools and yield farming in its ecosystem.

Introduced in July 2021, ShibaSwap is a fork of SushiSwap, a well-liked DEX this is itself a fork of Uniswap (UNI), the arena’s main DEX

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