In an exciting development for the decentralized finance (DeFi) community, Suilend, a prominent lending protocol on the Sui blockchain, has announced via its official X account the upcoming launch of its native token, SEND, scheduled for December 2024. While specific details on the tokenomics, exact launch date, and mechanisms are yet to be revealed, Suilend has also introduced incentives for its users by offering double points for the remainder of the current points season. This move is expected to bolster user engagement and expand the protocol’s ecosystem.
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