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Clend

Clend

Lending & Yield·Singapore·clend.cc

About Clend

CLend is a decentralized lending protocol deployed on Ethereum that enables users to borrow stablecoins, including USDT, USDC, and JPYC, by depositing collateral from a selection of over 25 cryptocurrencies. The protocol supports collateral assets including Canton Coin and operates two collateralization tiers: Classic LTV at 60% and Prime at 80%, allowing variable capital efficiency based on tier selection. Loan terms are structured with a 10% interest rate, a 0.1% opening fee, no closure or top-up fees, and liquidation parameters set at an 80% threshold with a 3.5% liquidator fee. The protocol integrates with EVM-compatible wallets and Canton Wallet for user access. The system is designed to provide liquidity to cryptocurrency holders without requiring asset sales.
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COMPANY INFORMATION
Websiteclend.cc
CountrySingapore
Monitoringactive
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