Relend Network
Lend. Relend. Repeat.
Relend Network is bringing scalable credit to decentralized finance. Higher returns, Lower rates. Relend Network implements on-chain relending, providing a scalable supply of credit. Credit plays a crucial role in the economy as it promotes both business expansion and trading activities. Currently, only $30B out of $2.5T crypto assets are available for credit, this is stands in sharp contrast to traditional finance where the majority funds are available for credit through the banking system. Traditional finance leverages relending and fractional reserves to multiply the total amount of money in the economy.