Already, Solend’s 21 whitelisted lending pools supply Solana’s DeFi markets with $471 million in borrowable tokens such as SOL, USDC and wrapped assets like BTC. Its team vetted those permissioned pools to weed out the inevitable scammers; if something goes wrong, Solend’s treasury insurance fund will back up platform users.
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...