Xend Finance Guarantor Pool Launched on Tidal Finance, XEND holders can Deposit and Earn!
Guarantor pool acts as a vote of confidence from the protocols for their backers. The higher the allocation to the Guarantor Pool, the higher signal to the market that the protocol has skin in the game.
The Xend Finance guarantor pool is currently open for any $XEND holder to deposit and earn. 5% of Xend Finance’s weekly premium is rewarded to this pool as well as $100 USD TIDAL token. There are 13,325 XEND tokens in the current pool earning over 131% APR in TIDAL and 74% APR in USDC. Lock in your deposit this week to start earning next week! The reward amount is designed to offer ~6% APR for 100k USD in XEND.