Everlend is a Solana-based decentralized lending and borrowing aggregator that optimizes deposit yields and loan rates by rebalancing and automated refinancing across money markets. It planned a governance token (ELD) and a two-tranche risk architecture (stablecoin Safety Fund plus ELD staking pool). The team announced winding down the project in Feb 2023.
Fundraising
$2.6M
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Total raised
$2.6M
•
STRATEGIC
Aug 18, 2022
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