Solend has introduced a new “Margin” feature, enabling users to trade existing positions with leverage seamlessly.
Toggling margin lets users switch between lending and trading views, streamlining the borrowing, swapping, and collateral depositing process into a single transaction. This innovative approach significantly reduces network fees and ensures instant confirmation, making trading with leverage more accessible and efficient for users, who can now leverage stake mSOL with just one click.
Solend Points System
In addition to Margin, Solend has introduced “Solend Points.” This new system includes a minimum rewards pool, starting with 100,000 SLND for Season 1, and aims to provide a fairer and more transparent rewards structure. Users can earn points through various activities, such as depositing and borrowing in the Main pool, trading on Margin, and contributing to the community.
Points are distributed daily, proportionally based on supplies and borrows, with each dollar of margin trading volume earning 10 points and borrows valued at 2x supplies. These updates aim to create a more equitable rewards system and enhance the overall trading and farming experience on Solend’s platform.
