SolendSLND

Token

Rating: 3.5

Contracts:

Solend Price (SLND)

$1.57

0.00001601 BTC

1.04%

Low:$1.43

High:$1.65

24h

Links:

Website, Explorers, Whitepaper

Tags:

Lending / Borrowing DeFi

Contracts:

Solana:SLNDpm...xHGtPwp

Solend SLND

$1.57

Overview Market Tokenomics Rich List Historical Data Socials Wallets

Solend(SLND) Allocations

Category	Percentage	Total	Description
Team	25%	25,000,000 SLND	-
Treasury	25%	25,000,000 SLND	-
IDO	5%	5,000,000 SLND	-
Liquidity mining	30%	30,000,000 SLND	-
Seed	10%	10,000,000 SLND	-
Future strategic rounds	5%	5,000,000 SLND	-

Solend Token Sale

IDO Ended: Nov 01, 2021 — Nov 03, 2021

Details

Sale Price:

$6.57

ROI:

0.239x 76.07%

ATH ROI: 0.603x 39.69%

Raise:

$26.27M

Launchpad:

Tokens For Sale:

4000000

Seed Ended: In the Past

Sale Price:

Raise:

$6.5M

Launchpad:

Tokens For Sale:

How the IDO works

The Solend IDO is modeled after Mango’s. It consists of two consecutive 24 hour phases: a sale period in which USDC may be deposited or withdrawn, and a grace period in which USDC may only be withdrawn. Afterwards, depositors can redeem an amount of SLND tokens proportional to their share of the pool.

IDO details

The IDO will be live at ido.solend.fi. A total of 5% of the SLND total supply is set aside for the IDO: 4% for the IDO itself and 1% to LP SLND-USDC after the IDO has ended. (A quarter of the IDO proceeds will also be used to LP.)

The timing of the IDO is as follows: