TechFlow News, on December 12, according to official announcement, the Sui-based lending protocol Suilend has launched its token SEND. Users who deposit sSUI will be able to exchange for mSEND, which can later be claimed as SEND. Market data shows that SEND is currently trading at $2.7.
Regarding token distribution, 40% of the total supply will be allocated through the mdrop mechanism: 20% to SEND points holders and early users, 5% to the Sui ecosystem community, and 15% to SAVE token holders on Solana.
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