$TND is the utility token for the Tender.fi protocol, an innovative decentralized open-source protocol for borrowing and lending and a novel mechanism for collateralizing long-tail assets. 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.