September 22nd, 2024 at 6:35 pm UTC · 4 min read
/RENEC Lend/ – RENEC Lend, a leading DeFi platform supported by the RENEC Foundation, is thrilled to announce the launch of the Relend Token (REL) Airdrop event. As REL prepares for its much-anticipated listing on Solana and RENEC decentralized exchanges (DEXs) by the end of September, this airdrop presents a unique, limited-time opportunity for investors to accumulate REL tokens — completely free.
RENEC Lend is a cutting-edge DeFi platform offering Supply/Borrow services for both tokens and fiat. Supported by both the RENEC and Solana blockchains, RENEC Lend enables users to maximize their earnings through innovative decentralized finance solutions. The platform is known for its low borrowing interest rates — as low as 5% per year — without the complicated paperwork of traditional financial systems.
Relend Token (REL), the native token of RENEC Lend, is rapidly emerging as a hot opportunity for investors, thanks to its versatile utility. Beyond being just a trading tool, REL empowers its holders with governance, staking, and liquidity provision benefits.
As REL approaches its official DEX listing, there are several exciting benefits for holders:
You can track REL transactions on both Solana Blockchain and RENEC Blockchain.
Learn more about REL’s Tokenomics: Tokenomics of Relend Token (REL)
From September 23 to October 7 (UTC), RENEC Lend will run an exclusive Relend Token (REL) Airdrop event, offering participants the chance to earn an APY of 30% to 60% simply by supplying SOL, USDT, or USDC. This event is a rare opportunity to accumulate REL tokens before their DEX listing — completely free of charge.
Let’s say you supply 2000 USDT for 30 days, you will earn:
2000 USDT * 60 REL * 30 days / 365 days = ~9,863 REL.
The airdrop pool is limited, and the event could end early if all rewards are claimed. Early participation is key to maximizing your REL accumulation before its DEX listing.
Once you’ve supplied your tokens, you can borrow additional tokens like USDT, BNB,… with loan-to-value (LTV) ratios of up to 75%. Enjoy loan interest rates as low as 5% per year, with no financial verification or collateral assessment required — perfect for those looking for convenient long-term borrowing.
Owning REL before the official listing gives you a strategic advantage, allowing you to accumulate tokens at a lower cost and benefit from potential price appreciation once it goes live on exchanges. Don’t miss out on this limited-time chance to gain free tokens and maximize your returns within the RENEC Lend ecosystem.
Click here to learn more about RENEC Lend: Website, Telegram Group, Twitter.
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