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Solana Protocol Solend Rebrands as 'Save', Launches New Stablecoin and Token

Retrieved on: 2024-07-25 20:38:50

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Summary

The article discusses the rebranding of the Solend protocol on Solana to 'Save' and the launch of new offerings including a decentralized stablecoin (SUSD), a liquid staking token (saveSOL), and a platform for shorting meme coins (dumpy.fun). Ethereum, as a blockchain, provides a comparative backdrop highlighting Solana's evolving ecosystem in the cryptocurrency space. Tags like Blockchains, Cryptocurrencies, and Cross-platform software indicate the broader context, while Solana and USDC situate the news within specific blockchain environments competing with Ethereum.

Article found on: decrypt.co

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