Users supply $LEND tokens to receive $tLEND which can be staked or locked to earn protocol revenue.
 
Q4) How is LEND protocol revenue distributed?
25% to tLend stakers / lockers, 50% to Ten Finance, 25% to Ten Lots holders
 
Q5) What is the difference between Staking & Locking $tLEND?
Stakers have flexibility to retrieve assets but receive less rewards than Lockers with a fixed 90-day term.
 
Q6) When can tLend stakers unstake their tLend tokens?
Anytime, however this will forfeit some remaining rewards if unstaked before the end of the 90 day vesting term.
 
Q7) When can tLend lockers unlock their tLend tokens ?
Only after 90 days of vesting schedule
 
Q8) If a tLEND staker unstakes tokens before the 90-day term is over, where do the penalty fees go?
100% of all penalty fees go to tLend lockers.
 
Q9) What tokens do $tLEND stakers & lockers receive as protocol revenue?
In stables (usd pegged like USDT / USDC) - REAL YIELD!
 
 
#LearnToLEND 08
 
 
Q1) What is a Protocol Governance?
It’s a voting system where LEND holders have a say in important future decisions.
 
Q2) Who has the right to vote on governance decisions?
$LEND Holders & $tLEND Stakers/Lockers
 
Q3) Who can submit proposals to be voted on?
All $LEND Holders & $tLEND Stakers/Lockers
 
Q4) What is a 'Core' proposal?
A proposal submitted directly by the official LEND team.
 
Q5) What is a 'Community' proposal?
A proposal submitted by a member of the LEND community.

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