Mendi Finance
Mendi Finance is a Linea-native decentralized lending protocol, providing high incentives through its bribe-reward tokenomics, and sharing profits with stakers. Read writing …
Last updated
Mendi Finance is a Linea-native decentralized lending protocol, providing high incentives through its bribe-reward tokenomics, and sharing profits with stakers. Read writing …
Last updated
You can access the official website for Mendi Finance at mendi.finance (Mendi Finance) (Introduction | Mendi Finance).
Mendi Finance is a decentralized lending protocol operating on the Linea network. It offers a range of financial services for individuals, institutions, and protocols. Key features include:
Decentralized Lending and Borrowing: Users can deposit their assets, use them as collateral, and borrow against them in a fully decentralized and non-custodial manner, similar to platforms like Compound Finance and AAVE (Introduction | Mendi Finance) (Mendi Finance).
Staking: Users can stake their MENDI tokens to receive protocol revenue shares. There are two staking options:
sMENDI: Rewards in MENDI and oLYNX.
uMENDI: Rewards in USDC and oLYNX (Mendi Finance).
Security: Mendi Finance integrates with Chainlink, Hypernative, and other security services to ensure a secure DeFi experience (Mendi Finance) (Introduction | Mendi Finance).
Community and Governance: Mendi Finance operates as a Decentralized Autonomous Organization (DAO), allowing token holders to participate in governance and decision-making processes (Introduction | Mendi Finance) (Mendi Finance).
