Colend paves the way for BTCFi
Since its March debut, Colend has seized the decentralized finance world’s attention with its bold innovations and notable achievements. Making history as the first BTCFi project NFT collection to mint in under 24 hours on Wizard Gallery, Colend marked a significant milestone in this burgeoning industry’s evolution.
Yet, this was just the beginning of Colend’s meteoric rise. Alpha NFT holders gained exclusive access to the platform’s testnet, allowing them a unique opportunity to shape its future development. Their contributions proved pivotal in enhancing the user experience and optimizing the platform, particularly for its Desktop version, showcasing Colend’s deep commitment to its community and responsiveness to user needs.
Security and reliability are paramount to Colend’s vision. In alignment with its Manifesto, the team proactively engaged two auditors from the project’s outset. Among them, Certik, an undisputed leader in blockchain auditing, provided its seal of approval after thorough evaluation. With this validation, Colend confidently transitioned to the crucial Mainnet launch, transferring ownership to the protocol’s multisig to ensure users’ security and peace of mind.
Now, the doors to BTCFi await you on Colend. With the ability to enjoy yield by depositing and/or borrowing four different assets — Core, coreBTC, USDT, and USDC — the platform offers a safe and transparent environment to manage your digital assets and explore new financial opportunities.
We invite you to join us in this decentralized financial revolution.
Connect with us and share Colend’s story with your friends and community. Together, we’re scripting a new chapter in finance history 👈.
