RELEND Units
RELEND Units are pre-launch incentives.
Morpho pre-deposit campaign:
Relend Network works with B.protocol which curates vaults on Morpho currently managing over $200m.
Relend Vaults
Deposits into these vaults accrue RELEND Units. App: https://app.relend.network/
More vaults may be added.
Telegram RELEND Units
Users are able to farm RELEND Units on telegram through @relendbot by completing quests and harvesting units. The telegram points are not 1:1 with the units accrued in the pre-deposit vaults.
Why deposit into Relend Vaults?
Leading up to the launch of Relend Network, depositors will accrue competitive interest rates through Morpho Flagship vaults.
After Relend Network launches, pre-deposit participants provide assets to the GPSM, receiving additional revenue from all rUSDC deployments.
How are assets in the pre-deposit contract secured?
Security on Morpho is the highest priority, with its immutable code receiving over 23 audits by crypto's most renowned security firms.
See audits: https://docs.morpho.org/security-reviews/
Disclaimer Regarding R Token Airdrop and Relend Units:
Please note, there is no guarantee that there will be an airdrop or that the R token will have any future utility, monetary or market value.
By participating in this program and accumulating RELEND Units, you acknowledge and agree that:
The R token may have no financial value and may not be listed on any exchanges or tradable for any other assets.
The future value, if any, of the R token is highly speculative and dependent on a variety of market conditions, regulatory factors, and the overall success of Relend Network.
Relend Network does not promise or imply that the R token will hold, retain, or appreciate in value.
Participation in this program is entirely voluntary, and you assume any and all risks associated with the speculative nature of RELEND Units.
Relend Network shall not be held liable for any financial losses or expectations of profit associated with the R token or RELEND Units. All participants should proceed with full awareness of the risks involved.
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