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Balance: $0
($6.58 M)
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CoinMarketCap.comXend Finance is a DeFi platform intended for individuals residing in economies where such solutions might provide alternatives to existing systems. The platform's aim includes a broad degree of financial inclusivity, providing access to Decentralized Finance and DeFi lending protocols. Xend Finance displays elements of a cooperative in its efforts to make connecting credit unions with various DeFi lending protocols more accessible. Xend Finance allows users to deposit resources, with interest as a possible outcome through use of the platform. This process is carried out through Xend Finance's smart contracts, which aid in carrying out transactions on the platform. The Xend Finance token (XEND) follows the ERC-20 token standard and is used by the platform for functions such as governance, platform activities, and acquiring rewards. The platform also includes a staking system where the XEND tokens can be committed by tradespersons aiming for rewards. As part of its approach to ensuring operation standards, Xend Finance initiated a professional relationship with Chainlink.
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XEND Metrics:
Current price: $0.0341
Market cap: $6.71 M
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $0
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