decentralized lending protocol Suilend has announced the completion of a $4 million financing round, led by Robot Ventures, with participation from multiple venture capital firms and angel investors. The project had previously raised $2 million in February of this year.

Suilend founder Rooter stated that this financing round will help the team maintain operations during a possible long-term bear market and ensure sufficient funding for the next four years. Suilend plans to launch its new token, SAVE, in the coming days, while continuing to expand its core product suite, including the recently launched liquidity staking token project and the upcoming Automated Market Maker (AMM).