Swaap Lend is Swaap’s lending offering for earning yield on assets such as ETH and USDC by lending them against Swaap LP tokens. The overview states that it is currently available through Euler and Pwn, which provide lending options supporting Swaap’s on-chain market-making technology, and notes that its users face a similar type of risk to Swaap Earn or Swaap Maker users.