Official Lendr Network Documentation
The Lendr Network has won 1st place from 1INCH at the BNB Chain 2023 Hackathon and 1st Place from Truflation at the Spring 2023 Chainlink Hackathon.
- Significantly lower barriers to entry (lowered minimum debt positions)
- Plans to create a multi-chain lending ecosystem
- and other improvements
The Lendr Network ecosystem is designed to be fully decentralized and governance-free, relying on immutable public smart contracts that are open source and security audited.
Here are the main components of the ecosystem:
- Lendr Network Stablecoins - Stablecoin loans can be taken out at 0% interest
- The Lendr Network offers stablecoins pegged to various indexes.
- Lendr Network stablecoins are fully over-collateralized and allows any holder to redeem them for 1:1 backing at any time.
- Stablecoins are additionally secured by a Stability pool and fellow borrowers acting as guarantors of last resort.
- Stablecoin Stability Pool - A staking pool that allows users to stake their stablecoins and earn early adopter rewards in the form of reward tokens and from liquidations in the form of native blockchain tokens.
If you would like to learn more, please read through our FAQs and documentation or contact us through our social media platforms or AMAs.
Yes, but its a little complicated! Here you go:
Lendr Ecosystem Diagram, (Secondary Token = LNDR)