Tender.fi is an innovative decentralized open-source protocol for borrowing and lending. It will create support for autocompounding and collateralization for popular DeFi assets, starting with GMX and GLP, and a novel mechanism for collateralizing long-tail assets. Billions of dollars are locked in crypto assets that cannot be collateralized, including tokens, LPs, vaults, and derivatives. Tender.fi mission is to unlock the value of these assets by supporting them as collateral, starting with GMX and GLP. 

The Tender.fi protocol is owned and governed by $TND token holders. Protocol rewards and incentives will be paid in $TND. As the protocol develops, $TND will impart additional benefits to holders such as improved LTVs, lower borrowing costs and higher deposit rates. In addition to having functionality, $TND can be staked to generate an APY and secure the depositors against loss. Fees from liquidations will accrue to staked token holders, with higher APYs given to tokens locked for a longer term.