Vietnam, Vietnam, September 24, 2024, Chainwire
RENEC BorrowsDecentralized Finance (DeFi) platform supported by the RENEC Foundation is excited to announce circumscribed time drop event for its native token, Relend Token (REL). As predicted REL List ON and decentralized exchanges RENEC (DEX) is coming to an end of September, this airdrop offers users the opportunity to collect REL tokens before they become publicly available.
What is RENEC Lend?
RENEC Borrows is an creative DeFi platform that provides provide/lend services for tokens and fiat money, supported by I RENOUNCE AND Solana BlockchainsThe platform aims to provide users low interest rates on loans starting from 5% per annum, which eliminates the need to employ customary financial procedures.
Relend Token (REL) is the platform’s native token, designed to provide holders with a range of benefits including governance, staking, and liquidity. REL is gaining attention in the DeFi community as it prepares to list on a DEX.
Key Features of Relend Token (REL)
As the sale date approaches, REL handles will gain access to several valuable features:
- Management and protocol updates:REL holders can participate in decisions regarding protocol upgrades and fee adjustments. By staking a certain amount of REL, users can propose and influence changes to the ecosystem.
- Putting:Holders have the opportunity to stake REL on the RENEC Lend platform.
- Ensuring liquidity:By providing liquidity to REL pools on DEX exchanges, holders can try to earn money from pool fees.
- Reduced loan fees:REL holders are eligible for reduced loan fees and lower interest rates.
- Exclusive programs:REL holders will have access to exclusive liquidity and referral programs.
Readers can learn more about REL tokenomics Here.
REL Road Map
Key Milestones for Relend Token (REL) switch on:
- End of September 2024:Official offer for Solanum AND RENEC DEX.
- October 2024:Introduction of governance features allowing REL holders to participate in platform updates and fee adjustments.
- Discounts on loan fees:REL holders can count on lower borrowing fees and lower interest rates, allowing them to optimize their employ of the platform.
Relend Airdrop Token (REL)
WITH September 23–October 7, 2024 (UTC)RENEC Lend is offering a time-limited airdrop event where users have a chance to win APY from 30% to 60% by providing SOL, USDTOr USDC. This event offers participants the opportunity to gather REL tokens before they become available to the general public
Prize Details:
- 60 REL for every 1 USDT delivered in one year (APY up to 60%).
- 60 REL for every 1 USDC delivered in one year (APY up to 60%).
- 30 REL for every 1 SOL delivered during the year (APY up to 30%).
Benefits of participation:
- Daily rewardsParticipants can earn interest on their USDT/USDC/SOL materials, with additional REL tokens collected daily.
- No supply restrictions:There is no limit to the amount participants can supply, and larger supplies potentially result in larger rewards.
- Instant flexibility:Users can withdraw their USDT/USDC/SOL and collected REL rewards at any time.
How to participate:
Limited Airdrop Pool (NASDAQ:)The total pool of airdrops is circumscribed and the event may end early if all rewards are claimed. Participants have the opportunity to earn REL tokens before the token is released to the public.
Benefits after delivery:Once the tokens have been delivered, participants also have the opportunity to borrow additional tokens, such as: USDT Or BNB with a loan to value ratio (LTV) of up to 75%. WITH loan interest rates from 5% per annum and does not require financial verification. The platform offers elastic lending options, ideal for long-term needs.
Having REL before listing
Acquiring REL before it goes public allows users to get involved with the token and participate in the platform’s ecosystem before it is listed on an exchange
About RENEC Lend
RENEC Lend is a decentralized finance (DeFi) platform offering token and fiat currency supply/lending services. The platform, supported by the RENEC Foundation and powered by the RENEC and Solana blockchains, allows users to benefit from low interest rates, below 5% per year, while also seeking to maximize profits through reward airdrop events.
For more information, readers can visit:
- Website: RENEC Loan Panel
- Telegram group: RENEC lends to the community
- Twitter: Official Relend
ContactRENEC BorrowsRENEC Borrowslend@renec.foundation
