# 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**

### Migrating

As the positions are represented as NFTs, migration between different wallets and account types has never been easier. \
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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.

{% hint style="info" %}
*Moving your position on a Safe is required to use advanced DeFi Saver features.*
{% endhint %}

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## Related Articles:

* [Fluid](https://help.defisaver.com/protocols/fluid)
* [Vault Protocol](https://help.defisaver.com/protocols/fluid/vault-protocol)
* [DEX Protocol](https://help.defisaver.com/protocols/fluid/dex-protocol)
* [Dashboard & Use-case](https://help.defisaver.com/protocols/fluid/dashboard-and-use-case)