Lend Protocol

Fluid’s Lend Protocol is a fundamental component and direct access to Fluid’s liquidity that facilitates lending activities, often called ‘Deposit and Earn’.

Key features on the Lend Protocol include:

• Sustainable yield that allows users to deposit once and reap the benefits of the advancements on the borrowing side, further simplifying the user experience

• The protocol supplies capital to the liquidity layer, which is utilized across the whole ecosystem

• ERC-4626 Compliant Vaults are standardized vault contracts that ensure seamless integration with other DeFi protocols

• Each position is represented as an NFT

Migration

As the positions are represented as NFTs, migration between different wallets and account types has never been easier. That includes direct migration of positions from EOA to EOA (Externally Owned Accounts) or to a Smart Wallet (SAFE) and vice versa without the need to close or redeposit assets, reducing gas costs and making the whole experience seamless.

Note: Moving your position on a SAFE is required to use advanced DeFi Saver features.