Solend Rebrands to Save, Unveils Stablecoin, Liquidity Token and Shorting Platform

IconCryptoNewsTerminal Staff24 Jul, 2024

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Solend Rebrands to Save, Unveils Stablecoin, Liquidity Token and Shorting Platform

Solend, Solana's lending protocol has rebranded to Save. The rebranding marks the introduction of Save's SUSD (decentralized stablecoin protocol), saveSOL (SOL liquidity staking token), and dumpy.fun memecoin shorting platform. Save's expansion to a suite of products comes as lending has become more competitive in Solana DeFi. Save aims to offer a diverse range of financial products tailored to the needs of Solana users.