Colend operates as a lending platform that allows users to deposit cryptocurrency for interest earnings or take out loans using those assets as collateral. The protocol is built on Core, an EVM-compatible chain that leverages Bitcoin for security while maintaining rapid block times and minimal transaction costs.

Colend’s codebase is upheld by an open group of developers hailing from diverse sectors within the crypto space, including NFTs, DeFi, infrastructure, and blockchain architecture. This collective organizes its efforts via a DAO wallet and public governance mechanisms.

• (3,3) governance – veCLND voters determine the allocation of weekly CLND rewards.
• Subscription – paying a monthly fee in CLND grants additional APY on the specific assets you have deposited.
• Advanced BTC‑Fi tools – features include automated looping, smart DCA, and arbitrage strategies.
• Inception oracle layer – veCLND voters evaluate various price-feed providers, allowing oracles to incentivize supporters, which builds a market-driven and resilient data infrastructure.
• No impermanent loss – yields are generated through interest rather than exposure to AMMs.

• Smart contracts that have undergone audits alongside cautious risk settings.
• Price oracles supported by community-ranked fallback price feeds that are planned for future release.

• Oracle inception – participants rank oracles and earn incentives.
• Crypto credit card – use crypto collateral for spending without liquidating assets.

All features will ship only after passing independent security audits.

• Gate.io This is the primary centralized exchange for CLND, offering a CLND/USDT spot pair with the highest order-book liquidity. To trade, deposit USDT, find the pair, and execute a limit or market order.

• Glyph.exchange (on Core) A permissionless DEX built on the Core network.
• Swap: Exchange CLND directly using any EVM-compatible wallet.
• Provide Liquidity: Contribute to the CLND/CORE v3 liquidity pool to collect swap fees.

• Reward lenders and borrowers.
• Lock into veCLND to secure voting rights and receive bribes.
• Participate in governance votes.
• Support new offerings, including Colend’s subscription level and its planned crypto credit card.