Explore Save, the decentralized platform on Solana for earning interest and borrowing assets using crypto as collateral. Fast, secure, and transparent.
About Save
Save (formerly Solend) is a decentralized lending and borrowing platform built on the Solana blockchain. It allows users to earn interest on their idle assets and borrow other assets by using their crypto as collateral.
Pricing
Discover the pricing options available for Save
Free
Using Save involves transaction fees in SOL, which are generally low due to Solana's efficiency.
Additionally, there are one-time fees for creating state accounts, required for the first interaction with the platform.
Frequently Asked Questions
Get answers to the most common questions about this tool
What is Save?
Save is a decentralized lending and borrowing protocol built on the Solana blockchain. It allows users to earn interest by supplying assets to lending pools and to borrow assets using supplied assets as collateral.
What features does Save offer?
Save provides features such as isolated lending pools, a risk management framework, and algorithmic interest rates. These features offer flexibility and customization for users.
How does Save work?
Users can supply assets to Save's lending pools to earn interest. Interest rates are variable and determined by the supply and demand for each asset. Lenders start earning interest immediately and can withdraw their assets at any time.
What assets can I lend and borrow on Save?
Save supports a variety of assets across multiple pools. The specific assets available for lending and borrowing are not detailed in the provided sources. Users should refer to the platform's interface for the most up-to-date list of supported assets.
How are interest rates determined on Save?
Interest rates on Save are algorithmically determined based on the supply and demand dynamics of each asset within the lending pools.
