Suilend

Suilend is the leading Defi platform on sui for the builder of save on Solana (formerly solend) ,it has multiple projects on sui now like - spring sui (which created a standard for LST's on sui network) , Rootlets ( a nft collection which on of the most admired collection on sui for being a airdrop magnet and for it strong community ) , and steamfi ( in building stage more on that later...)

Suilend currently boasts around $500M in TVL and with community first moto , it has set majority of its supply for the community over the long run .

Firstly the Suilend Season 1 was a huge success with the innovative-finetuned MDROP (maturing Drop) which generator almost a Million Sui in penalties

Currently there is season 2 going on in which you get SEND points for depositing and borrowing assets in the platform

Some tips i would like to share with you are

  • depositing in to the pool witch give you the maximum amount of points and matches your risk appetite

  • Borrowing gives you more points than depositing -try to farm the points where low amount of people are doing maybe because of the risk or lack of knowledge or dormancy

  • Try to be active atleast once a week check out the socials of any new changes in the distribution of rewards or addition of different pools