Full Suilend tokenomics breakdown: SEND token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Comprehensive breakdown of all investment rounds, pricing terms, and vesting schedules
Key questions and answers about Suilend tokenomics.
Suilend token distribution allocates 100,000,000 SEND across 4 primary stakeholder groups:
SEND uses variable cliffs and vesting schedules that change depending on the allocation:
50% of the total supply (50,000,000 SEND) is unlocked at TGE, with the tokens split between Community and Foundation.
Suilend has a total supply of 100,000,000 SEND, of which 70,973,774 SEND (71% of total) is currently circulating.
Total length of the full Suilend emission schedule is 4 years, with 65.68% released in Year 1, while the remaining 34.32% is released over the following 3 years.
Suilend has 1 investor round, with the following investment price and vesting:
55% of the Suilend supply is allocated to community focused pools such as Suilend Mdrop, SAVE Mdrop, Incentives, and Ecosystem Mdrop.
Suilend is a revolutionary decentralized lending protocol built on the Sui blockchain, developed by the creators of Solend. At the core of Suilend lies its native token, $SEND, which powers its ecosystem and offers diverse utility features to its users. With Suilend, users can deposit a wide range of cryptocurrencies into smart contract-managed liquidity pools, earning interest over time. These liquidity pools enable others to borrow assets, with interest rates dynamically set through an algorithm that adjusts based on supply and demand conditions. The $SEND token is integral to Suilend's tokenomics, serving not only as a governance mechanism but also potentially rewarding active participants within the ecosystem. Borrowers are required to over-collateralize their loans by depositing crypto assets exceeding the value of their borrowings. This over-collateralization mechanism, reinforced by smart contract security, minimizes default risks, maintaining the platform’s financial health while safeguarding user assets. As a fully non-custodial protocol, Suilend ensures users retain complete control over their funds—there are no intermediaries or centralized entities managing transactions. The combination of innovative lending mechanisms and rigorous security protocols ensures a seamless yet robust user experience. Designed to prioritize efficiency, Suilend provides a decentralized solution for earning and borrowing within the DeFi ecosystem. Suilend further distinguishes itself through its deployment on the Sui blockchain, benefiting from Sui's high-speed, low-cost transaction capabilities. This positions $SEND and Suilend ahead of traditional platforms by offering scalable solutions that attract retail and institutional participants alike. By providing a secure, efficient, and user-friendly platform, Suilend aims to redefine how decentralized lending and borrowing operate in the DeFi landscape. Dive into Suilend's SEND Tokenomics to understand how its innovative model is shaping the future of decentralized finance.