RENEC Lend, a decentralized finance (DeFi) platform backed by the RENEC Foundation, is excited to announce a limited-time airdrop event for its native token, Relend Token (REL). As the anticipated REL listing on Solana and RENEC decentralized exchanges (DEXs) approaches by the end of September, this airdrop offers an opportunity for users to accumulate REL tokens before they become available to the public.
Relend Token (REL) is the native token of the platform, designed to empower holders with a variety of benefits, including governance, staking, and liquidity provision. REL is gaining attention within the DeFi community as it prepares for its DEX listing.
Readers can learn more about REL’s tokenomics here.
Reward Details:
Post-Supply Benefits:After supplying tokens, participants also have the opportunity to borrow additional tokens such as USDT or BNB with a loan-to-value (LTV) ratio of up to 75%. With loan interest rates as low as 5% per year and no financial verification required, the platform offers flexible borrowing options perfect for long-term needs.
About RENEC Lend
RENEC Lend is a decentralized finance (DeFi) platform offering token and fiat Supply/Borrow services. Backed by the RENEC Foundation and operating on both the RENEC and Solana blockchains, the platform allows users to take advantage of low-interest rates, under 5% annually, while aiming to maximize earnings through reward airdrop events.
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