TLDR Crypto · INNOVATION & LAUNCHES

RAIN.FI: THE FIRST CUSTOM PEER-TO-PEER LOANS FOR DEFI ON SOLANA

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Summary from the TLDR Crypto newsletter

Rain.fi, a DeFi platform, has announced custom Peer-to-Peer loans on Solana, offering a variety of user-set parameters such as Custom LTV, APYs, and durations. Users can create loans in multiple tokens with one base currency and protect against token volatility. The platform also has an incentive for early repayment and plans to launch the service with select tokens like USDC and Solana.