Blend
BLND #2365Project Safety Score: 17%
Updated 38 minutes ago& Market
Credibility
Behavioral
Mechanics
Distribution
Blend is a DeFi protocol that allows any entity to create or utilize an immutable lending market that fits its needs. It's similar to Morpho, but significantly more flexible with less governance dependance. It's built on the Stellar blockchain using their Soroban Smart Contract engine. Currently there are 3 lending pools that were created with Blend, an immutable Fixed USDC:XLM lending pool that allows users to lend or borrow USDC and XLM while using the other assets as collateral, a dao-managed lending pool that supports lending and borrowing USDC, EURC, XLM, and AQUA - this pool supports cross-collateralization, and finally a fixed-forex pool which supports a CDP protocol on Stellar.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
