<details class="details"><summary>A.</summary><div data-type="detailsContent"><ul><li>Airdrop : Free distribution of tokens, often used to reward a community or promote a project.</li><li>APY (Annual Percentage Yield) : The annual return generated by an investment, including compounded interest.</li></ul></div></details><details class="details"><summary>B.</summary><div data-type="detailsContent"><ul><li>BTCFi Lending : A peer-to-peer lending and borrowing model combining Bitcoin's foundational principles with decentralized finance innovations.</li><li>Blockchain : Blockchain is a decentralized digital system that records and verifies transactions in a secure and transparent way. It operates like a digital ledger, where data is stored in a chain of blocks that are linked together and protected by cryptography. This ensures that once information is added, it cannot be changed or deleted.&nbsp;</li></ul></div></details><details class="details"><summary>C.</summary><div data-type="detailsContent"><ul><li>Collateral : Digital assets locked as security to borrow funds on a DeFi protocol like Colend.</li><li>Core : A robust blockchain on which the Colend protocol operates, aligned with Satoshi Nakamoto's consensus principles.</li></ul></div></details><details class="details"><summary>D.</summary><div data-type="detailsContent"><ul><li>DAO (Decentralized Autonomous Organization) : An organization managed by its members through decentralized voting, without a central authority.</li><li>DeFi (Decentralized Finance) : A decentralized financial ecosystem enabling services such as lending, borrowing, and trading without middlemen.</li></ul></div></details><details class="details"><summary>G.</summary><div data-type="detailsContent"><ul><li>Gas Fees : Fees paid to execute transactions on a blockchain.</li><li>Governance Token : A token used to participate in the management and strategic decisions of a protocol, such as Colend's decentralized governance.</li></ul></div></details><details class="details"><summary>L.</summary><div data-type="detailsContent"><ul><li>Liquidity Index : The measure of the amount of liquidity available in a liquidity pool on a platform. A high liquidity index indicates a large availability of assets for users.</li><li>Liquidity Pool : A shared pool of digital assets locked in a smart contract, provided by users (liquidity providers) to facilitate decentralized trading, lending, or borrowing.</li><li>LTV (Loan-to-Value) : A ratio expressing the value of a loan relative to the collateral deposited.</li></ul></div></details><details class="details"><summary>N.</summary><div data-type="detailsContent"><ul><li>NFT (Non-Fungible Token) : A unique, indivisible digital asset representing collectibles, exclusive rights, or other privileges.</li><li>Non-Custodial system : A system where you have full control of your assets, without relying on third parties to manage them.</li></ul></div></details><details class="details"><summary>P.</summary><div data-type="detailsContent"><ul><li>Protocole : A system of rules and code that automates processes on a blockchain, allowing users to interact and perform actions like trading, lending, or borrowing without middlemen.</li></ul></div></details><details class="details"><summary>S.</summary><div data-type="detailsContent"><ul><li>Smart Contract : A self-executing program on a blockchain that enforces predefined rules automatically, ensuring secure and efficient interactions.</li></ul></div></details><details class="details"><summary>T.</summary><div data-type="detailsContent"><ul><li>Tokenomics : The design and analysis of a token’s economic system, covering its creation, distribution, and real-world applications within a blockchain ecosystem.</li><li>TVL (Total Value Locked) : The total value of assets locked in a DeFi protocol, a key indicator of its popularity and liquidity.</li></ul></div></details><details class="details"><summary>Y.</summary><div data-type="detailsContent"><ul><li>Yield : Returns generated by an investment, such as interest earned through lending.</li></ul></div></details>If you have questions or need assistance, join our active community on <a target="_blank" rel="noopener noreferrer nofollow" class="link" href="http://t.me/colend_xyz">Telegram</a>.

DeFi Glossary

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

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 :