description
What is Sway Lend and how can you use it?

Introduction

Sway Lend is a decentralized lending platform that operates on the Fuel Network, which has an Ethereum consensus layer. Our platform provides a secure and trustful place for crypto users to earn passive income by supplying liquidity to the market.

With Sway Lend, users can supply up to 6 different crypto assets as collateral and borrow USDC, the base asset. Suppliers earn a passive income by providing liquidity, while borrowers have the option to borrow in either an overcollateralized (perpetually) or undercollateralized manner.

The Sway Lend protocol is built on a re-engineered solution from the Ethereum blockchain, rewritten in the Sway programming language. Our platform is a re-imagining of the Compound architecture offers all the features and benefits of the Compound with the added security and stability of the Fuel Network. Our platform is constantly monitored and improved by our dedicated team, who are always available to answer any questions or provide support. Join our Discord community to learn more about how you can use Sway Lend to achieve your financial goals.

The Sway Lend alive on https://swaylend.com

{% hint style="info" %} Please note that Sway Lend is in the alpha testing phase and contracts may change in the future, leading to potential loss of supply/borrow amount. {% endhint %}