Colend

What Is Colend (CLND)?

Colend is a lending protocol where anyone can supply crypto to earn interest or borrow against that collateral. It runs on Core, an EVM‑compatible blockchain that anchors its security to Bitcoin while keeping fees low and block times fast.

CLND is Colend’s native token and is used to:

• Incentivize lenders/borrowers.
• Vest into veCLND to gain voting power and bribes.
• Vote governance proposals.
• Back new services such as Colend’s subscription tier and upcoming crypto credit card.

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How Many CLND Coins Are There in Circulation?

Colend minted 100 000 000 CLND at launch. About 3 680 000 CLND (≈ 3.7 %) are in public hands as of 24 April 2025. Future emissions are scheduled, but the split between depositors, borrowers and other incentives has not yet been disclosed.

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Who Develops Colend?

The code is maintained by an open collective of builders drawn from multiple crypto niches—NFTs, DeFi, infrastructure and blockchain architecture—coordinating through a DAO wallet and public governance.

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What Makes Colend Unique?

• (3,3) governance – veCLND voters decide where weekly CLND rewards go.
• **Subscription ** – a monthly subscription paid in CLND unlocks extra APY on the very assets you deposit.
• Advanced BTC‑Fi tools – automated looping, smart DCA and arbitrage strategies.
• Inception oracle layer – veCLND voters rank multiple price-feed providers and oracles can reward supporters, creating a market-driven, resilient data stack.
• No impermanent loss – returns come from interest, not AMM exposure.

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How Is the Network Secured?

• Audited smart contracts and conservative risk parameters.
• Price oracles with forthcoming community‑ranked fallback price feeds.

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What’s on the 2025 Roadmap?

• Oracle inception – voters rank oracles and receive incentives.
• Crypto credit card – spend against your crypto collateral without selling it.

All features will ship only after passing independent security audits.

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Where Can I Buy Colend (CLND)?

• Gate.io
  The main centralized venue for CLND, featuring a CLND/USDT spot market with the deepest order-book liquidity. Deposit USDT, navigate to the pair, and place a limit or market order.

• Glyph.exchange (on Core)
  A trustless DEX native to the Core network.

  • Swap: Trade CLND directly from any EVM wallet.
  • Provide Liquidity: Add funds to the CLND/CORE liquidity pool v3 to earn swap fees.