CherryLend is an open-source, transparent, and non-custodial lending protocol on Cardano.Documentation
All smart contracts are open source and audited for maximum security and efficiency.
Built on the foundations of Know Your Assumptions (KYA) to protect users.
We strive to create a world class lending and borrowing experience.
No VCs or private investors — crafted to empower the users and supporters of the protocol.
We have three main goals to make CherryLend a successful lending protocol.
Built the right way, not the easy way - lending reimagined from the ground up.
Shorting is a popular trading strategy when a user is bearish on a token. CherryLend allows users to borrow fungible tokens, sell, and re-purchase the assets to increase their positions.
CherryLend enables decentralized leverage trading by allowing users to borrow capital and increase their purchasing or selling power.
Users can earn CHRY for using the CherryLend protocol starting from the 1st day of our mainnet launch planned Q2 2023.