# RainFi

> The leading P2P lending protocol to borrow, deposit and long tokens.

Rain.fi is a decentralized lending platform built on the Solana blockchain, enabling users to borrow and lend cryptocurrencies using tokens and NFTs as collateral.


Rain.fi is a decentralized lending platform that leverages the Solana blockchain to provide a secure and efficient way for users to borrow and lend cryptocurrencies. The platform allows users to utilize both tokens and NFTs as collateral, offering a unique solution for NFT holders who need liquidity without having to sell their assets. Rain.fi's lending module is designed to be easily integrated into other applications, generating revenue through fee-sharing. The platform is moving toward decentralization and does not yet have an official token established. Users can earn 'Droplets' by trading USDC, which can be redeemed for rewards or used to access premium features.


- Type: Project
- Sector: Finance
- Status: Acquired
- Founded: 2023-01-01
- Profile: https://thegrid.id/profiles/Rain_fi

## Products

- [Rain.fi Lending Protocol](https://thegrid.id/profiles/Rain_fi): Rain.fi Lending Protocol is a DeFi platform on Solana that enables users to borrow against their NFTs and cryptocurrencies, as well as lend assets to earn interest. (Decentralised Borrowing & Lending, Live, Main Product)
- [Liquid](https://thegrid.id/profiles/Rain_fi): Liquid implements liquid staking for JUP tokens through a wrapper program, enabling governance participation and borrowing capabilities. The system maintains voting rights while providing access to liquidity through non-transferable stJUP tokens. (Liquid Staking, Live)

## Assets

- [Droplets](https://thegrid.id/profiles/Rain_fi): Droplets are the points-based reward asset of Rain.fi, a decentralized lending protocol on Solana. They are earned by lending and borrowing on the platform, with borrowers accumulating more points per dollar than lenders. Following Jupiter's acquisition of Rain.fi, Droplets became redeemable for JUP token airdrops proportional to each holder's accumulated balance. (Digital Reward Assets)
- [stJUP (stJUP)](https://thegrid.id/profiles/Rain_fi): stJUP is a liquid staking token representing staked JUP on Rain.fi's Liquid platform on Solana. It was used as collateral to borrow assets while retaining Jupiter governance voting rights and ASR staking rewards. Following Jupiter's acquisition of Rain.fi, stJUP deposits were halted and the Liquid platform was wound down, with users advised to unstake their positions. (Liquid Staking Tokens (LSTs))

## Links

- [Blog](https://medium.com/@rainfi_)
- [Documentation](https://docs.rain.fi)
- [Whitepaper](https://rainfi.notion.site/Wetpaper-V1-2a2753a948f3487fbaf15e5f8f263599)
- [Main](https://rain.fi)
- [Terms of Service](https://app.rain.fi/legal)
- [Privacy policy](https://app.rain.fi/privacy)
- [Twitter / X](https://x.com/rainfi_)

## Relationships

- [Jupiter](https://thegrid.id/profiles/Jupiter): Parent organization

## Legal

This data is provided under two licensing models.

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Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP