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Lulo
Lulo is a Solana DeFi savings account aggregating lending opportunities for optimal returns.
Lulo
What is Lulo?
Lulo is a DeFi savings account built on the Solana blockchain. It acts as a lending aggregator that maximizes your lending rates by finding and automatically moving your funds to the highest interest rates available across multiple lending dApps on Solana.
Key features
- ✅ Maximizer Unified Interface
- ✅ Earn Rewards
- ✅ Instant Withdrawals
What does Lulo do?
Lulo simplifies the process of earning interest on your crypto assets by automatically routing your deposits to the dApp offering the best rates at any given time. It checks interest rates every hour and moves your funds accordingly without any user intervention. This ensures you always get the highest possible yield on your deposits.
Why is Lulo unique?
Lulo stands out due to its automated rate maximization feature, which ensures users always earn the highest interest rates available. It integrates with top Solana dApps like Kamino, MarginFi, Solend, Drift, and Mango, allowing for seamless fund movement and reward accumulation. Additionally, Lulo's user-friendly interface and instant withdrawal capability make it accessible and convenient for beginners.
Pricing
Lulo charges a one-time fee of 0.025 SOL to create an account. There are no additional fees for moving funds between dApps.
Frequently Asked Questions
Lulo is a decentralized finance (DeFi) platform on the Solana blockchain that optimizes yield by automatically allocating user deposits to various decentralized applications (DApps) offering the highest returns.
Lulo dynamically directs user funds to different Solana-based DApps, such as Kamino and Drift, to capture the best available yields. Users can set preferences and conditions for fund allocation, and the platform continuously monitors and adjusts deposits to maximize returns.
Lulo supports deposits of Solana-based tokens, including stablecoins like USDC and USDT, as well as SOL. This enables users to earn interest on a variety of assets within the Solana ecosystem.
Beyond earning optimized yields, Lulo users may be eligible for airdrops from integrated platforms. For example, users have received $KMNO tokens following Kamino’s rewards campaign.
