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Solend V2 Whitepaper Released: Striving for Decentralization and Better Risk Management

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It is reported that Solend has released the Soland V2 white paper on the loan agreement on Solana to introduce risk management and improve decentralization. Ac…

Solend V2 Whitepaper Released: Striving for Decentralization and Better Risk Management

It is reported that Solend has released the Soland V2 white paper on the loan agreement on Solana to introduce risk management and improve decentralization. According to the white paper, Solend V2 will include: protected collateral, TWAP oracle, loan proportion, outflow rate limit, mortgage limit, isolation layer assets, dynamic clearing bonus, trilinear interest rate model, risk authority, on-chain metadata, disposal of abandoned assets, on-chain liquidity mining without permission, account entrustment, lossSocializing, etc. Solend V2 will be released in the next few months.

Solana’s lending agreement Soland released the Soland V2 white paper to introduce risk management and improve decentralization

Interpretation of the news:


Solend, one of the fastest-growing lending platforms powered by Solana blockchain, has recently released the white paper for Solend V2, aiming to revolutionize the loan agreement in the decentralized finance (DeFi) space. Solend V2 introduces new measures that emphasize risk management and aim to enhance decentralization. In this article, we’ll delve into what the white paper entails and what it would mean for Solana’s DeFi space.

Solend V2’s focus is towards optimizing the management of risks in loan agreements rather than solely on loan execution. The white paper introduces various methodologies that will enhance Solend’s risk management features, such as a Trilinear Interest Rate Model, a Time-Weighted Average Price (TWAP) Oracle, among others. The Trilinear model delivers higher flexibility over the current Sigmoid Curve Model, enabling better adaptivity and easier implementation of interest curves. Meanwhile, TWAP will deliver better price discovery for collateral assets. Additionally, the white paper suggests implementing “Risk Authority” that will help monitor potential risks.

More still, Solend V2 will have enhanced collateral options, including protected collateral, where collateral types are limited to more established coins, isolating layer assets for stablecoins held in contracts, and other such measures. Solend V2 will also be introducing “Outflow Rate Limit” and “Mortgage Limit” measures designed to reinforce risk management.

Solend V2 also aims to move toward full decentralization and transparency in its operation. The platform will allow on-chain metadata whereby users can snap and access their data regarding loan history and other associated features. Additionally, an “account entrustment” feature will enable auto-lien release, emphasizing the decentralized nature of Solend V2.

In conclusion, Solend V2 is a project that aims to enhance Solana’s DeFi space, giving users better access to loans, reducing risks, and promoting transparency. The white paper’s introduction emphasizes that the Solana blockchain’s unique and inherent capabilities will maximize the platform’s users’ profit-making opportunities. With Solend V2’s enhanced features, the project portends a bright future for Solana’s DeFi space.

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