Colend is thrilled to be part of the Core Ignition program, making our users eligible for an exclusive airdrop. By using the Colend protocol, you can earn rewards from Colend and additional rewards from Core.<img src="https://fb-usercontent.fra1.cdn.digitaloceanspaces.com/01955c44-7ed0-73f4-a588-1351630b22db.png" data-width="100%" data-align="left">Use Colend’s Referral Code : Maximize your rewards by using and sharing Colend's referral code. Register with the following invite link to gain additional benefits and help others join the platform.👉 Register with <a target="" rel="noopener noreferrer nofollow" class="link" href="https://ignition.coredao.org/registration/code?code=0DD34B">Colend’s Referral Code</a><details class="details"><summary>Supply and Borrow Assets</summary><div data-type="detailsContent">Use <a target="_blank" rel="noopener noreferrer nofollow" class="underline decoration-from-font underline-offset-2 links-accent:underline-offset-4 links-default:decoration-primary/6 links-default:text-primary-subtle links-default:hover:text-primary links-default:contrast-more:text-primary links-default:contrast-more:hover:text-primary-strong links-accent:decoration-primary-subtle links-accent:hover:decoration-[3px] links-accent:hover:[text-decoration-skip-ink:none] transition-all duration-100 link" href="https://www.colend.xyz/">Colend platform</a> to deposit your crypto. This allows you to earn passive income and accumulate rewards. The more assets you supply/borrow and the longer you keep them on the platform, the more rewards you earn.</div></details><details class="details"><summary>Birdge</summary><div data-type="detailsContent">Increase your airdrop rewards by bridging your assets to the Core Network. Eligible assets include BTC, USDT, USDC, and ETH. You can transfer your assets using the official <a target="" rel="noopener noreferrer nofollow" class="link" href="https://colend.gitbook.io/home/how-to/setup-core/bridge-assets">Core Bridge</a>.</div></details><details class="details"><summary>Earn Sparks</summary><div data-type="detailsContent">Sparks are points awarded daily based on the assets in your Core Ignition wallet and any multipliers. Sparks are updated daily at 00:00 UTC. To maximize your rewards, prioritize holding the following tokens with their respective multipliers:<ul><li>div]:mt-0 [&amp;:is(h3)>div]:mt-0 [&amp;:is(h4)>div]:mt-0 mx-0"><a target="_blank" rel="noopener noreferrer nofollow" class="underline decoration-from-font underline-offset-2 links-accent:underline-offset-4 links-default:decoration-primary/6 links-default:text-primary-subtle links-default:hover:text-primary links-default:contrast-more:text-primary links-default:contrast-more:hover:text-primary-strong links-accent:decoration-primary-subtle links-accent:hover:decoration-[3px] links-accent:hover:[text-decoration-skip-ink:none] transition-all duration-100 link" href="https://app.colend.xyz/reserve-overview/?underlyingAsset=0x5b1fb849f1f76217246b8aaac053b5c7b15b7dc3&amp;marketName=proto_core_mainnet">SolvBTC</a> : 5x multiplier</li><li>div]:mt-0 [&amp;:is(h3)>div]:mt-0 [&amp;:is(h4)>div]:mt-0 mx-0"><a target="_blank" rel="noopener noreferrer nofollow" class="underline decoration-from-font underline-offset-2 links-accent:underline-offset-4 links-default:decoration-primary/6 links-default:text-primary-subtle links-default:hover:text-primary links-default:contrast-more:text-primary links-default:contrast-more:hover:text-primary-strong links-accent:decoration-primary-subtle links-accent:hover:decoration-[3px] links-accent:hover:[text-decoration-skip-ink:none] transition-all duration-100 link" href="https://app.colend.xyz/reserve-overview/?underlyingAsset=0x8034ab88c3512246bf7894f57c834dddbd1de01f&amp;marketName=proto_core_mainnet">coreBTC</a>: 1.5x multiplier</li><li>div]:mt-0 [&amp;:is(h3)>div]:mt-0 [&amp;:is(h4)>div]:mt-0 mx-0"><a target="_blank" rel="noopener noreferrer nofollow" class="underline decoration-from-font underline-offset-2 links-accent:underline-offset-4 links-default:decoration-primary/6 links-default:text-primary-subtle links-default:hover:text-primary links-default:contrast-more:text-primary links-default:contrast-more:hover:text-primary-strong links-accent:decoration-primary-subtle links-accent:hover:decoration-[3px] links-accent:hover:[text-decoration-skip-ink:none] transition-all duration-100 link" href="https://app.colend.xyz/reserve-overview/?underlyingAsset=0x5832f53d147b3d6cd4578b9cbd62425c7ea9d0bd&amp;marketName=proto_core_mainnet">wBTC</a>: 1.3x multiplier</li><li>div]:mt-0 [&amp;:is(h3)>div]:mt-0 [&amp;:is(h4)>div]:mt-0 mx-0"><a target="_blank" rel="noopener noreferrer nofollow" class="underline decoration-from-font underline-offset-2 links-accent:underline-offset-4 links-default:decoration-primary/6 links-default:text-primary-subtle links-default:hover:text-primary links-default:contrast-more:text-primary links-default:contrast-more:hover:text-primary-strong links-accent:decoration-primary-subtle links-accent:hover:decoration-[3px] links-accent:hover:[text-decoration-skip-ink:none] transition-all duration-100 link" href="https://app.colend.xyz/reserve-overview/?underlyingAsset=0x900101d06a7426441ae63e9ab3b9b0f63be145f1&amp;marketName=proto_core_mainnet">USDT</a>: 1.2x multiplier</li><li>div]:mt-0 [&amp;:is(h3)>div]:mt-0 [&amp;:is(h4)>div]:mt-0 mx-0"><a target="_blank" rel="noopener noreferrer nofollow" class="underline decoration-from-font underline-offset-2 links-accent:underline-offset-4 links-default:decoration-primary/6 links-default:text-primary-subtle links-default:hover:text-primary links-default:contrast-more:text-primary links-default:contrast-more:hover:text-primary-strong links-accent:decoration-primary-subtle links-accent:hover:decoration-[3px] links-accent:hover:[text-decoration-skip-ink:none] transition-all duration-100 link" href="https://app.colend.xyz/reserve-overview/?underlyingAsset=0xa4151b2b3e269645181dccf2d426ce75fcbdeca9&amp;marketName=proto_core_mainnet">USDC</a>: 1.2x multiplier</li></ul></div></details>Program Details<ul><li>Duration: March 11, 2024, to September 11, 2024.</li><li>Eligibility: You need a valid X account and use an <a target="_blank" rel="noopener noreferrer nofollow" class="underline decoration-from-font underline-offset-2 links-accent:underline-offset-4 links-default:decoration-primary/6 links-default:text-primary-subtle links-default:hover:text-primary links-default:contrast-more:text-primary links-default:contrast-more:hover:text-primary-strong links-accent:decoration-primary-subtle links-accent:hover:decoration-[3px] links-accent:hover:[text-decoration-skip-ink:none] transition-all duration-100 link" href="https://ignition.coredao.org/registration/code?code=0DD34B">invite code</a></li></ul>

Core Ignition

Learn what Colend is all about, its mission, and how it’s reshaping the world of DeFi.

Understanding Colend

What is Colend ?

Discover how Colend uses BTCFi to transform decentralized lending.

Why BTCFi (Bitcoin Decentralized Finance) ?

Key Features

Colend's Manifesto

Take a closer look at Colend's Lending & Borrowing Mechanism to learn how to manage risks effectively and make better financial decisions.


Lending and Borrowing Mechanism

The Pool Mechanism

What is Lending ?

What is Borrowing ?

Best Practices when Using Colend

Understand how CLND and xCLND tokens create value through rewards and ecosystem support.

Tokenomics

Colend’s Dual-Token Model

CLND

xCLND

At Colend, innovation is at the core of what we do. Explore how we’re redefining DeFi with advanced token utilities, smarter governance mechanisms, a subscription model and NFTs that bring real value.

Colend Innovations

Token Utilities

Colend Subscription

LOOP Strategy 


Ve(3,3), smarter governance for lending

Get started with Colend in minutes. This guide will walk you through the essentials to set up and use the platform efficiently.

Quick Start Guide 

To interact with Colend, you must first set up a wallet compatible with the Core blockchain and then add your assets.

A wallet is a digital application or a browser extension that allows you to safely store your cryptocurrencies and interact with decentralized applications (dApps) like Colend.

The following steps will guide you through configuring a compatible wallet and adding your assets to Core if needed.

Core Configuration

Set Up a Wallet and RPCs

Bridge Assets

In this section, we will explore the fundamental functions that allow you to effectively use the Colend application and start your DeFi journey. 

The following pages will guide you through :

Use Colend

App overview

Connect and Supply

Borrow

Repay

Beginner’s Q&A

Learn how Colend leverage Core Blockchain’s technology, explore upcoming developments in the roadmap, and see how Colend’s NFTs bring unique value to the ecosystem.

Advanced Features

BTCFi Innovations

As a decentralized protocol, Colend puts users at the heart of governance and development, enabling them to shape the protocol, earn rewards, and contribute to its long-term success.

This section introduces the tools and opportunities available to community members and contributors. Find everything you need to participate, build, or explore here.

Community & Governance

Colend Gouvernance (DAO)

User Incentives

Convert CLND into xCLND 


How to vote

Claim rewards 

Incentivize pool

Redeem CLND

Builder grant 

Support resources to find answers to your questions.

Support & FAQ

Advanced Q&A

DeFi Glossary

At Colend, security and risk management are at the heart of our protocol’s design. 
From protecting your assets to ensuring operational transparency, we take every precaution to create a safe and reliable ecosystem for our users. Dive into the sections below to learn more about the measures we’ve implemented to safeguard your experience.

Security & Risk Management

Legal Disclaimer

Smart Contact

Audits

Oracle

Safety Measures

Airdrops are a popular method used by web3 projects to distribute tokens to the community. These tokens can be distributed based on various criteria, such as holding specific assets, participating in certain activities, or simply being a loyal user of the platform. Airdrops are a way to incentivize user engagement and reward early adopters who will promote the protocol.
As outlined in our Tokenomics, 14% of our total token supply is allocated to community growth initiatives, including airdrops. 
Early supporters who stake and participate in the protocol will receive a larger share of the airdrop.
Currently, there are 3 active airdrops that you can take advantage of :