Everlend offers the highest return on deposits and the lowest interest rate on loans. As market conditions change, Everlend uses automatic rebalancing and refinancing mechanisms to continuously optimize the user's position.
What is Everland?
Everlend — a loan aggregator, integrated with all major Solana money markets. Decentralized and reliable, it consistently provides users with the best returns and interest rates, available on the market.
A user who provides liquidity or borrows through Everlend is completely free from having to monitor their portfolio and worry about the best rates or yield optimization and scenarios. The rebalancing and refinancing algorithms, which are the two main drivers of the protocol, automatically move deposits and/or loans to ensure the best performance for each position.
Everland is created by Attic Lab and developed by Delphi Digital. Both teams are well known in the crypto space and have vast experience in building DeFi products. The Everlend team takes into account and uses the experience and achievements of other DeFi protocols such as Compound, Maker, Aave, Curve and Yearn Finance to create something truly unique and special.
When using Everland, the user is offered the following options:
| Aggregation and liquidity optimization | You always get the maximum return on your deposit. |
| Credit optimization | Loans are refinanced and moved between protocols to ensure that the user always pays at the lowest rates in the market. |
| Segregation of deposits and loans | User deposits and credits can be processed through 2 or more different MMs to maximize winnings. |
| Risk management system | All underlying money markets are valued. The final score is key in deciding how much liquidity should be assigned to a particular lending protocol. |
All liquidity that enters the protocol is managed by two key components (modules): universal liquidity pools and a liquidity oracle. Universal liquidity pools consist of five different interconnected pools: liquidity pool, income pool, insurance fund, treasury pool and MM pool.
Other tools
DAO Treasury — a growth fund, set in the ELD token. The pool does not receive any part of the platform fees unless management decides otherwise. Part of the liquidity from the liquidity pool can be moved to pools in the underlying money markets. MM pools store electronic tokens, received in exchange for provided liquidity. In addition, funds can be drawn from this pool when a new loan is taken on the underlying money market on behalf of the user.
ELD holders have the opportunity to stake their tokens and receive rewards for participating in the Everland governance process. Staked/Locked ELD provides the right to participate in governance and increases the efficiency of the protocol.
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