Vietnam, Vietnam, 24 September 2024, Chainwire
RENEC mortgagea decentralized finance (DeFi) platform supported by the RENEC Basis, is happy to announce a time-limited airborne occasion to your native token, Relend Token (REL). As anticipated Record of REL on and decentralized exchanges RENEC (DEX) approaching the top of September, this drop presents customers a possibility to refill REL tokens earlier than they’re out there to the general public.
What’s RENEC Lend?
RENEC mortgage is an progressive DeFi platform that gives provide/rental of providers for tokens and fiat supported RENEC and Solana blockchains. The platform goals to offer customers with low rates of interest on loans beginning at 5% every year, eliminating the necessity for conventional monetary practices.
Relend Token (REL) is the platform's native token, designed to allow holders with a spread of advantages, together with administration, staking and liquidity provision. REL is gaining consideration inside the DeFi neighborhood because it prepares for its DEX itemizing.
Key Options of Relend Token (REL)
Because the checklist approaches, REL holders you get entry to a number of beneficial options:
- Administration and protocol updates: REL holders can take part in protocol improve selections and price changes. By injecting a specific amount of REL, customers can suggest and affect modifications inside the ecosystem.
- Staking out: Holders have the choice to stake REL on the RENEC Lend platform.
- Offering liquidity: By supplying liquidity to REL swimming pools on DEXs, holders can try to realize rewards from pool charges.
- Discounted rental charges: REL holders are entitled to lowered borrowing charges and decrease rates of interest.
- Unique applications: REL holders can have entry to unique liquidity and referral applications.
Readers can be taught extra about REL's tokenomics right here.
REL plan
Key milestones for Relend Token (REL) embrace:
- Finish of September 2024: Official itemizing on Solana and RENEC DEX.
- October 2024: Launching administration options that permit REL holders to take part in platform upgrades and price changes.
- Reductions on the mortgage price: REL holders can profit from lowered borrowing charges and rates of interest to optimize their platform expertise.
Airdrop Relend Token (REL)
FROM September 23 to October 7, 2024 (UTC)RENEC Lend presents a restricted time airdrop marketing campaign the place customers have an opportunity to earn APY from 30% to 60% supply SOL, USDTor USDC. This occasion presents individuals the chance to build up REL tokens earlier than they’re out there to the general public
Reward particulars:
- 60 REL for each 1 USDT delivered in a single 12 months (APY as much as 60%).
- 60 REL for each 1 USDC delivered in a single 12 months (APY as much as 60%).
- 30 REL for each 1 delivered SOL in a single 12 months (APY as much as 30%).
Advantages of participation:
- Day by day rewards: Contributors can earn curiosity USDT/USDC/SOL provides, with REL chips accumulate every day.
- No provide limits: There isn’t a restrict to the quantity that individuals can provide, with a bigger provide could result in greater rewards.
- Prompt flexibility: Customers can their USDT/USDC/SOL and amassed REL rewards anytime.
How you can take part:
Restricted Airdrop Pool (NASDAQ:The overall variety of drops is proscribed and the occasion could finish early if all rewards are claimed. Contributors have the chance to amass REL tokens earlier than the token is made out there to the general public.
Advantages after supply:After the supply of chips, individuals even have the choice to borrow different chips resembling USDT or BNB with a mortgage to worth (LTV) ratio of as much as 75%. WITH mortgage rates of interest beginning at 5% per 12 months and requires no monetary verification, the platform presents versatile mortgage choices that are perfect for long-term wants.
REL holding earlier than itemizing
Acquiring REL earlier than it’s out there to the general public can permit customers to get entangled with the token early and take part within the platform's ecosystem earlier than it’s publicly traded.
O RENEC Lend
RENEC Lend is a decentralized finance (DeFi) platform that gives token and fiat provide/lending providers. Backed by the RENEC Basis and working on each the RENEC and Solana blockchains, the platform permits customers to reap the benefits of low rates of interest under 5% every year whereas additionally looking for to maximise earnings by rewarding occasions.
For extra info, readers could go to:
- web site: RENEC mortgage management panel
- Telegram group: RENEC mortgage neighborhood
- Twitter: Relend Official
ContactRENEC mortgageRENEC mortgagemortgage@renec.nadace
This text was initially revealed on Chainwire
