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Suilend launches a factors marketing campaign

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Grand Cayman, Cayman Islands, Could 7, 2024, Chainwire

Suilend launches factors marketing campaign after profitable beta with over $40 million in TVL. Suilend, a pioneering lending protocol developed by the Solend crew, is launching a factors marketing campaign to reward customers for depositing property on the platform.

Through the factors marketing campaign, Suilend will distribute 10 million factors per day to its customers. These factors will likely be recorded on the Sui blockchain as non-transferable, non-claimable tokens. As well as, the crew will put aside factors and rewards to reward customers who actively contribute to Suilend. Contributions can vary from writing threads and creating memes to selling the mission in ways in which profit the complete Suilend group.

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Suilend is at the moment the quickest rising lending platform on Sui. Since launching on March 11, 2024, Suilend has attracted greater than $40 million in complete worth locked (TVL). Within the course of, she paid $160,000 in curiosity to over 5,000 customers.

“We’re very impressed with Suilend's report progress. Because of consumer demand, we have now to extend deposit limits nearly each week. We’re happy to guide the quickest rising protocol in Sui DeFi,” stated Rooter, the pseudonymous founding father of Suilend.

Greg Siourounis, Govt Director of the Sui Basis, stated: “The Suilend crew has introduced intensive expertise and experience to Sui. Suilend's progress on Sui has been a shocking show of ability not solely in creating an enticing and engaging DeFi platform, but in addition in delivering the advantages of the platform to the Sui group. Suilend continues to be an incredible addition to the Sui DeFi ecosystem and is gaining increasingly more consideration from the group.”

Third get together promoting. This isn’t a suggestion or advice by fromcrypto. See disclosure right here or
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ContactSui Basismedia@sui.io

This text was initially printed on Chainwire

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