Blend

Blend is a decentralised non-custodial liquidity market protocol on Bitcoin layer 2, it has been launched on BEVM, Merlin, B2 Network and Bitlayer. Blend enables users to participate either as suppliers or borrowers. Suppliers contribute liquidity to earn passive income, while borrowers can take out loans in either overcollateralised (long-term) or undercollateralised (short-term for one block) manners. The Blend Protocol is both audited and secure, with its entire framework being open-source. This transparency allows for direct interaction through a user interface client, APIs, or directly with the smart contracts on the Bitcoin network, encouraging the development of third-party services and applications to interface with the protocol, enhancing product offerings.