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Suilend to Launch Native Token SEND This December

Suilend logo with announcement for SEND launch in December.

Suilend Announces Launch of Native Token SEND

In an exciting development for the cryptocurrency community, Suilend has officially announced the launch of its native token, SEND, slated for December. As the digital asset landscape continues to evolve, this move highlights Suilend's commitment to enhancing its platform and providing more value to its users.

Tokenomics and Launch Details to Be Revealed

While the exact details surrounding the tokenomics and specific launch date of SEND are yet to be disclosed, Suilend has assured users that comprehensive information will be provided soon. The anticipation around SEND emphasizes the growing trend of decentralized finance (DeFi) and blockchain utilization.

Double Points Promotion for Users

As part of its commitment to engaging users, Suilend has also announced a limited-time promotion offering double points for users participating in its current points season. This promotion presents an opportunity for users to earn more rewards while engaging with the platform.

Daily Points Distribution

During this promotion, Suilend will distribute a total of 20 million points daily, divided equally between deposits and loans. Specifically, 10 million points are allocated for deposits, while another 10 million is set aside for loans. This initiative aims to encourage users to actively engage with the platform and contribute to its ecosystem.

Supported Assets

The points system supports a range of assets, including:

  • SUI
  • USDC
  • USDT
  • ETH
  • SOL

By allowing a diverse range of assets for participation, Suilend seeks to maximize user engagement and broaden its appeal within the competitive DeFi market.

Conclusion

The upcoming launch of the SEND token, alongside the current promotional offerings, signifies a thrilling chapter for Suilend and its user community. As always, potential and existing users are encouraged to keep an eye out for upcoming announcements regarding the tokenomics and additional program details.

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