Mendi Finance (MENDI)
Total Value Locked$12.64m
| ||||||
|
Market Cap | $594,268 |
---|---|
$0.021 | |
Fully Diluted Valuation | $2.09m |
$5,718 | |
Staked | $894,234 |
(150.48% of mcap) | |
$3.24m | |
$235,759 | |
$198,738 | |
$29,792 |
Protocol Information
Mendi Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. It is a permissionless, open source protocol serving users on Linea. Users can deposit their assets, use them as collateral and borrow against them.
Category:Lending
Forked from:Compound V2
Development Activity
(updated at 02/12/24)
Weekly commits: 2
Monthly commits: 2
Weekly developers: 1
Monthly developers: 1
Last commit: 4 months ago (2024-12-02)
Methodology
TVL: Same as Compound Finance, we just count all the tokens supplied (not borrowed money) on the lending markets
Fees: Interest paid by borrowers
Revenue: Percentage of interest going to treasury