Everything you need to know about SUI and getting started on the SUI Blockchain.
#crypto #sui
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⏰Timestamps⏰
00:00 Introduction to Suilend
00:08 Exploring the Official Twitter
00:23 Understanding the Token and Market Cap
00:47 Diving into DeFi and TVL
01:16 Fees, Revenue, and Borrowing
02:16 Comparing Different Lending Markets
03:14 Navigating the Suilend Dashboard
03:27 Collateral and Borrowing Mechanics
06:09 APR and Rewards
08:04 Using DeFi Safely
08:51 Conclusion and Next Steps
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Introduction to Suilend: A Comprehensive Overview
In this tutorial, we dive into Suilend, providing an overview of how this borrowing and lending platform operates. We’ll discuss their official Twitter, token distribution, total value locked (TVL), and how revenue and fees are managed. The video explains how to deposit collateral (like SUI tokens) and borrow against it, the risks associated with DeFi, and compares Suilend to other notable platforms. Get insights into using Suilend various features such as the dashboard, send token generation event, and more.
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📜 Disclaimer 📜
I am not a financial advisor. This is an educational tutorial and guide.
Always DYOR (Do Your Own Research) and ensure you learn the pros, cons, risks, and rewards before you put your hard-earned money to work. Nothing is financial advice.