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Long Term Vision
At Lendr, we envision a world where financial barriers are eradicated, and traditional assets seamlessly integrate with decentralized finance.
By creating innovative, value-driven, and accessible web3 solutions, we aim to lead the charge in fostering global financial inclusivity and redefining the future of finance.
What is the Long Term Vision for Lendr Network? | Lendr Network FAQ Series
Our long-term vision for the Lendr Network is to provide a number of decentralized flatcoins/stablecoins that represent real-world assets (RWAs) on multiple blockchains. These tokens are designed to integrate seamlessly with existing web3 DeFi protocols. These tokens will be pegged to different commodity indexes such as:
- USD (LendrUSD) - Inflation-proof stablecoin (Flatcoin)
- Gold (LendrGOLD)
- US Real Estate (LendrUSRE)
- US Healthcare (LendrHC)
- US Oil/Gas (LendrGas)
- US Agriculture and Food (LendrAG)
- and more
This would allow users to take out interest-free loans on a variety of real-world assets using fully decentralized on-chain tokens.
LendrUSD, LendrGold, LendrUSRE
Each of these tokens will use the same mechanism, requiring users to provide 110% collateral to open a Trove and create the tokens with a 0% interest loan.
These future flatcoins/stablecoins would follow the same guiding principles:
- Decentralized and governance free
- Over-collateralized using verifiable on-chain assets
- Built-in reward mechanisms and incentives for users
The code for these flatcoins/stablecoins has already been created but will be launched one by one to allow for collateral to accumulate for each individual token.
Each of these tokens will have separate smart contracts, stability pools, reward pools, reward tokens, LP, etc. This is to allow users who are holding a single asset type (i.e. LendrGold) to not be affected by market movements in other asset categories (i.e. real estate).
This is of critical importance in order to attract large-scale institutional investors that may only be interested in holding a token of a single asset type on a certain network.
Last modified 3d ago