Lending and Borrowing Incentives
Last updated
Last updated
Meridian Lend incentivizes both lenders and borrowers to participate actively on the platform, fueling DeFi activity and enhancing liquidity. These incentives, which are typically paid in $USDM or the native network token, are usually subsidized by the foundations that Meridian collaborates with. The specific incentive—whether in $USDM or the native token—varies depending on the supporting foundation and its objectives.
Lenders are rewarded for providing liquidity by depositing assets into the lending pools. These rewards are paid in either $USDM or the native network token, depending on the foundation's arrangement. These incentives are designed to encourage liquidity provision, which helps to ensure a sufficient supply of assets for borrowers and supports the overall health of the DeFi ecosystem.
Borrowers on Meridian Lend can also earn rewards, which help to offset borrowing costs. By participating in the borrowing program, users can access liquidity while benefiting from network incentives, contributing to active DeFi participation and market activity.
The incentives offered through Meridian Lend are aimed at fostering high levels of liquidity and engagement, which ultimately benefits both the platform and the broader ecosystem. These rewards help fuel token adoption, increase transaction volumes, and strengthen the foundations Meridian collaborates with, all while enhancing the overall DeFi landscape.
Key Benefits of Incentives:
For Lenders: Earn rewards for providing liquidity, increasing asset availability on the platform.
For Borrowers: Access liquidity while reducing borrowing costs through network incentives.
For the Ecosystem: Boosted DeFi activity leads to greater token utilization, liquidity depth, and ecosystem growth.
Meridian Lend’s incentives structure ensures that both lenders and borrowers are encouraged to participate in the platform, supporting a dynamic and thriving DeFi ecosystem.
