Elemental Lend

Introduction

Elemental Lend is a boosted yield aggregator designed to deliver the best lending rates on Solana, and more. By default, it matches the highest yields available across the network’s leading lending protocols. When in-house strategies are expected to outperform, capital can be shifted seamlessly within secure non-custodial vaults. Part of the profits are returned to depositors, boosting yields beyond standard market rates.

How It Works

When you deposit into Elemental Lend, your assets go into a Voltr non-custodial vault. Voltr specializes in secure vault infrastructure that lets managers like Elemental run approved strategies within strict controls. Elemental has management access only: it can allocate between whitelisted strategies, but it cannot withdraw funds.

During our closed alpha, capital is allocated to the best available lending yields on Drift and Kamino. We then further optimize within each protocol to capture rates across both their primary and smaller lending pools, so every dollar is farming efficiently.

If an in-house Elemental strategy is expected to beat lending on a risk-adjusted basis, the Elemental may shift a portion of capital from those lending allocations into that strategy. Crucially, funds never leave the non-custodial vault framework. Part of the profits realized by the strategy flow back into the Elemental Lend vault and are shared with depositors, boosting the baseline yield.

This design keeps idle capital to a minimum and aims to deliver the best available Solana lending rate (or better), while maintaining strict custody and risk controls.

Withdrawals and Utilization

Elemental Lend offers instant staking and unstaking with no waiting period. However, as with any lending platform, withdrawals depend on utilization. Depositors can only withdraw unutilized funds. If the utilization rate is full, withdrawals must wait until capital is released or additional liquidity is deposited by others.

Security Model

• Non-custodial: Elemental cannot withdraw user funds.

• Vault security: All deposits flow into Voltr vaults, which provide the infrastructure for secure fund management.

• Transparent deployment: Depositor funds are only ever deployed into trusted protocols.

Why It’s Different

Elemental Lend is the first protocol to aggregate and enhance lending yields. By capturing surplus returns from Elemental’s in-house strategies and feeding them back into Elemental Lend, it creates a structurally higher yield.

This is a novel design pioneered by Elemental. While we expect others to follow, Elemental Lend currently sets the standard for zero compromise on top yield and security.

v2 and Beyond

The launch of Elemental Lend marks the beginning of Elemental v2 - a new phase focused on upgrading existing products and introducing new ones. More integrations, strategies, and yield innovations are on the horizon.

Welcome to the next chapter of Elemental.