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Official Lendr Network Documentation

Note: Many changes are being made to the Lendr Network protocol based on community feedback. To learn more about the upcoming protocol changes please view this medium article: https://lendr.medium.com/community-feedback-based-protocol-redesign-16c1d93bb8cc
Speak with an AI bot trained on this documentation here: Lendr Documentation AI Bot or in our telegram group with /paal

What is the Lendr Network?

Lendr Network is a decentralized real world asset tokenization protocol, creating synthetic real-world asset (RWA) tokens representing a variety of asset classes. Our unique tokenization method gives our protocol instant scalability, global availability, and high capital efficiency.
The Lendr Network has won 1st place prized in the BNB Chain 2023 Hackathon and Spring 2023 Chainlink Hackathon from 1inch Network and Truflation.
Some of the Lendr protocol's features include:
  • An innovative inflation-proof stablecoin (flatcoin) LendrUSDL (USDL)
  • A synthetic U.S. real estate token LendrUSRE (USRE)
  • Multiple decentralized on-chain real worlds assets (RWAs) including tokens for gold, oil/gas, healthcare, etc.
  • Significantly lower barriers to entry compared to other protocols (lowered minimum debt positions)
  • Plans to create a decentralized multi-chain lending ecosystem, and more!
The Lendr Network ecosystem is designed to be fully decentralized, relying on immutable public smart contracts that are open source and security audited.

What are the main components of the Lendr Network Ecosystem?

Here are the main components of the ecosystem:
  • Lendr Network Dapp - A decentralized application where users can provide collateral in order to borrow Lendr Network tokens at a 0% interest rate.
    • Lendr Network offers synthetic tokens representing:
    • Lendr Network real world asset tokens are fully over-collateralized and allows any holder to redeem them for 1:1 backing at any time.
    • real world asset tokens are additionally secured by a Stability pool and fellow borrowers acting as guarantors of last resort.
  • Lendr Network Reward Tokens - (Note: we are currently updating our protocol to use a single reward token across all Lendr real world asset tokens) Every real world asset token has an associated reward token used to collect fees from real world asset tokens being issued and redeemed.
  • Real World Asset Token Stability Pool - A staking pool that allows users to stake their real world asset tokens and earn early adopter rewards in the form of reward tokens and from liquidations in the form of native blockchain tokens.
  • Reward Token Stability Pool - A staking pool that allows users to stake reward tokens to earn rewards in the form of real world asset tokens from issuance fees and native blockchain tokens from redemption fees.
If you would like to learn more, please read through our FAQs and documentation or contact us through our social media platforms or AMAs.

Is there an ecosystem diagram that shows how it all works together?

Yes, but its a little complicated! Here you go:
Lendr Ecosystem Diagram, (Secondary Token = LNDR)