“Discover Suilend, the powerful money market on the Sui blockchain! In this video, we dive into how Suilend allows you to lend and borrow crypto assets securely. Not only can you earn interest on your holdings, but you can also maximize your rewards and participate in the highly anticipated airdrop by farming on the platform. Whether you’re looking to leverage your holdings, gain passive income, or get ahead with the latest DeFi tools, Suilend offers an accessible and innovative way to engage with the Sui ecosystem. Join us as we explore everything you need to know to get started with Suilend, the features it offers, and the strategies you can use to maximize your returns!”
Tags:
#Suilend #SuiBlockchain #CryptoLending #DeFi #CryptoBorrowing #EarnInterest #CryptoAirdrop #PassiveIncome #CryptoInvesting #MoneyMarket #Blockchain
This summary has been brought to you by chatgpt – Dan
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Timestamps:
00:00 Suilend Review
02:06 Starting with SUI Wallet
02:37 Benefits of using a lending platform
03:31 How to deposit into Suilend
04:39 How to long or short assets
05:30 How to borrow
06:16 Swap and Deposit
07:47 How interest and paid and earned
09:03 How to repay your borrows and withdraw
10:55 How to farm the upcoming SUILEND airdrop
11:39 SpringSui Liquid Staking
14:04 Watch out for bad trades
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Nothing in this video is financial advice. Please do enough research to form your own opinion. Disclaimer: Some links may be affiliate/referral links where I would earn a commission.
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views when registered : 14570
duration : 00:15:55
Matched Content: Cryptocurrency lending markets and platforms like Swand, a DeFi platform that allows users to deposit funds, earn interest, and borrow against collateral.
Noteworthy facts:
- Swand is a decentralized finance (DeFi) platform that provides a range of financial services, including lending, borrowing, and yield farming.
- The platform has a TVL (Total Value Locked) of $29 million, indicating a significant amount of trust from users.
Transcript:
The video discusses the Swand platform, a decentralized finance (DeFi) platform that offers a range of financial services, including lending, borrowing, and yield farming. The host is a 25-year-old tech editor who seems enthusiastic about the topic and aims to provide a tutorial on how to use the platform.
He starts by demonstrating how to use the Swand platform, including depositing funds, borrowing, and withdrawing. He also explains the concept of "swapping" and how it allows users to exchange one asset for another without the need for other services.
The host emphasizes the importance of understanding the risks associated with DeFi platforms, including the risk of things collapsing. He advises users to diversify their investments and not to put all their eggs in one basket.
He also dives into the Spring S (Su) platform, a feature of Swand that allows users to earn interest on their staked S (s). He explains that Spring S is a type of liquid staking, which means that users can earn interest on their staked S without having to wait for the traditional unstaking period.
Finally, the host touches on the concept of arbitrage, which involves buying an asset at a low price and selling it at a higher price. He suggests that users can use the Spring S platform to buy Su at a low price and then redeem it on the Spring S website for a higher value.
Although not explicitly stated, some interesting quotes from said Transcriber were noted:
- "DeFi is risky, things can collapse."
- "I would not go all in on anything in DeFi, I would diversify."
- "The interest rates are very sane."
- "You can earn interest on your staked S without having to wait for the traditional unstaking period."
- "Arbitrage is when you buy something cheap and then sell it for a higher price, making a profit."
