EverLend.app LEND DAO token is here — all you need to know!

EverLend.app
2 min readMar 25, 2022

Let us remind you once again that on March 18 our lending platform was launched simultaneously with the token sale of the project! 🥳🚀

🤓 We have repeatedly talked about the purpose of the project’s LEND tokens released for sale! 💙💜

The interest from the community is very large and is growing every day, so we decided to once again provide you with all the necessary information about the value of the LEND token in one place 🔥🔥

Of course, the team cannot predict the growth in the value of the token, but let’s reason together on the facts 🤔

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LEND is:

💼- EverLend.app DAO token for participating in important voting for the network. As in the Compound project, which is complimentary to us. For liquidity holders and people taking secured loans, this is a good opportunity to increase profitability, as well as expand the possibilities of lending protocols, as well as solutions for large partnerships with the platform

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In addition, the LEND token will have utility functions on the platform:

🔥- for listing a new asset on the platform, there will be a commission in LEND tokens, which will be burned, which means that the total number of tokens in the network will decrease (and there are only 10,000,000 of them anyway). And of course, the LEND token will be one of these assets in the future.

💸- advanced features for liquidators:

by holding certain stakes of the LEND token, users in the future will be able to have priority access to the liquidation functions, which means they will receive priority right to receive a liquidation bonus

🤝🏽- and of course various future mechanics for partners. Such as, for example, poker tournaments only for LEND token holders and much more.

In addition, as part of the issue, 50% of LEND was allocated to various liquidity stimulation programs (both in the LEND token itself and combo programs, including EVER).

😎So fat farming programs on Flatqube are expected, which will be available for LEND token holders 🤑

🏆🥇🥈🥉 We remind you that 4 types of commemorative NFTs have been issued by the project for all buyers of tokens on Everstart

Sale of LEND token ends on March 31 📆
To date, 845,389.5 EVER have been sold, which is more than 56% of the required SoftCap

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Thanks for attention! 💜💙
We wish you a wonderful weekend!

We are here on our social networks:
- Telegram
- Twitter
- medium

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Sale of the DAO token LEND of the EverLend.app project:
👉🏼Available via link👈🏼

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