Solend launches margin trading and points reward program

ChainCatcher news, Solana's lending protocol Solend has announced the launch of margin trading and an improved points reward program, expanding its business beyond lending. Margin trading allows for leveraged trading, and users can engage in such trading within the trading view of their existing accounts. By using a toggle button, users can switch between the lending and trading views.

It is reported that the minimum reward pool for Solend's Q1 reward program starts at 100,000 SLND, and it will continue to increase as transactions with reward partners are completed. Ways to earn points include: depositing and borrowing in the main pool, margin trading, contributing to the community, and upcoming methods, with 10 million points distributed daily based on the ratio of supply and borrowing.