Colend is a decentralized lending platform built on the Core blockchain, inspired by AAVE V3 and ve(3,3) tokenomics. It prioritizes real yields, decentralized governance, and incentivized participation. The platform's core token, COLEND (currently unissued), can be staked to receive stCOLEND. stCOLEND holders can govern the platform, earn incentives, and access exclusive benefits. Colend uses borrowing fees and incentivized market selection through voting and bribes to create a profitable ecosystem for borrowers, lenders, and stakers.
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