RENEC Lend Announces the Launch of the Relend Token (REL) Airdrop Event

RENEC Lend, a leading DeFi platform supported by the RENEC Foundation, is thrilled to announce the launch of the Relend Token (REL) Airdrop event.

RENEC Lend, a leading decentralized finance (DeFi) platform supported by the RENEC Foundation, is excited to announce the launch of the Relend Token (REL) Airdrop event. As REL prepares for its much-anticipated listing on Solana and RENEC decentralized exchanges (DEXs) by the end of September, this airdrop presents a unique, limited-time opportunity for investors to accumulate REL tokens — completely free.

What is RENEC Lend?

Backed by both the RENEC and Solana blockchains, RENEC Lend enables users to optimize their earnings through innovative decentralized finance solutions. The platform offers Supply/Borrow services for both tokens and fiat, catering to a wide range of user needs. Notably, RENEC Lend boasts low borrowing interest rates — starting at just 5% per year — without the hassle of paperwork or complicated procedures common in traditional financial systems.

The native token of RENEC Lend, Relend Token (REL), is rapidly emerging as a hot opportunity for investors, owing to its diverse utility. In addition to serving as a trading instrument, REL empowers its holders with governance, staking, and liquidity provision benefits.

Why Should You Hold Relend Token (REL)?

As REL approaches its official DEX listing, several exciting benefits await its holders:

You can follow REL transactions on both Solana Blockchain and RENEC Blockchain.

Learn more about REL’s Tokenomics: Tokenomics of Relend Token (REL)

REL Development Roadmap

Airdrop Relend Token (REL): A Limited-Time Opportunity to Accumulate for Free!

From September 23 to October 7 (UTC), RENEC Lend will conduct an exclusive Relend Token (REL) Airdrop event, enabling participants to earn an APY of 30% to 60% simply by supplying SOL, USDT, or USDC. This event offers a rare opportunity to accumulate REL tokens before their DEX listing — completely free of charge.

Reward Details

Example Calculation

Let’s say you supply 2000 USDT for 30 days, you will earn:

2000 USDT * 60 REL * 30 days / 365 days = ~9,863 REL.

Key Benefits of Participation

How to Participate

Limited Airdrop Pool

The airdrop pool is limited, and the event could end early if all rewards are claimed. Early participation is crucial to maximizing your REL accumulation before its DEX listing.

Post-Supply Benefits

Once you’ve supplied your tokens, you can borrow additional tokens like USDT, BNB,… with loan-to-value (LTV) ratios of up to 75%. Enjoy loan interest rates as low as 5% per year, with no financial verification or collateral assessment required — ideal for those seeking convenient long-term borrowing.

Why Hold REL Before Listing?

Owning REL before the official listing provides you with a strategic advantage, allowing you to accumulate tokens at a lower cost and capitalizing on potential price appreciation once it goes live on exchanges. Don’t miss out on this limited-time chance to gain free tokens and maximize your returns within the RENEC Lend ecosystem.

Click here  to learn more about RENEC Lend: Website, Telegram Group, Twitter.

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