ICO Lendroid — is a unique lending platform

ICO Lendroid — https://lendroid.com/

Lendroid is a unique lending platform. This aims to decentralize the tightly held finances in this segment. It has taken the world of cryptocurrencies by storm. It is, in fact, a no rent seeking trust independent open protocol.
Decentralizing margin trading is set to revolutionize the entire cryptocurrency space. This is because it will provide a unique initiative to nurture the ecosystem in a global pool. It also brings a sense of good governance aimed at improving profitability.

In fact, Lendroid is amongst the most anticipated new coin offerings. But the point is, will it be worthwhile investing in this segment? Well, let’s analyze the various aspects.

What is Lendroid?
This new coin offering is seen addressing a much-required space. It will help open up a completely new funding opportunity for investors. Lendroid will help investors raise funds and avail short-term loans. They would not need any identity to undertake the trade. They can complete transactions without any third party interference.

It is based on the Ethereum blockchain and operates on an open protocol format. It will enable investors to leverage positions better. It also aims to bring about a healthy trading environment. It helps them take a loan against their Ethereum token. The rate of interest is also mutually decided.

Main Features
Lendroid is all about creating a symbiotic infrastructure and trading environment. This enables keeping the network operational by creating a global pool. There are many advantages of this new coin offering.

• Non-rent seeking: As we already mentioned this is a decentralized operating platform. All the transactions are operational using throughput off-chain utility actors.
• Autonomous: The user funds have no well-demarcated custodian. This is because the smart party removes the counterparty risks to a large extent. The lenders are not controlled by any centralized authority. This is why it brings about a sense of operational efficiency.
• Liquidity is shared: Lendroid supports a wide range of exchanges. It is also compatible with a large range of exchange protocols. The global pool also enhances the overall liquidity condition.
• Negotiable fees: The lending fees and interest rates can be negotiated offline.
• Provides multi-chain support: It creates a compatible eco-system and provides multi-chain operations.

What are they solving?

The question then is why you need Lendroid. This is because on-chain limitations often reduce the efficiency of these transactions. The Lendroid, on the other hand, incentivizes investors to take advantage of a global pool. The decentralized operating module removes the tight control on finances. Users can use a lot more flexible and smart lending solutions. This will help them yield greater value from their trade. It also seeks to enhance the profitability. This also seeks to offer a greater sense of security to these transactions.

Advantages of Lendroid
Therefore, the popularity of Lendroid can introduce several advantages. As cryptocurrencies achieve new highs, this will help address fundamental concerns.
• It brings in a greater sense of security and flexibility in trade.
• The relative liquidity is global pools increase significantly.
• The native token goes a long way in keeping the network operational.
• It is compatible across a wide range of exchanges enhancing its global appeal.
• It reduces counter-party risks to a large extent.
• It provides uniform level playing field to both the borrowers and the lenders.
• It brings about a greater transparency in operations.
• It improves trade practices and makes the network stable.
• It enhances the profitability and average return on the available fund.
• It brings about constructive community governance within the entire trade operations.

The Team
Lendroid was conceptualized in Singapore. The project was led by Vignesh Sundareshan. The other key members of the team include

Paul Martens- Head of Brand & UX
Franca Ciambella — Legal Counsel
Tyler Filiatrault — Community Manager
Vii — Developer
Supriya Vasu — Communications and Operations
Anand Venkateswaran — Community and Communications
Vivek — Developer

The core concept is all about facilitating cryptocurrency trade in a free environment. It seeks to reduce regulation without compromising the security.

Token Structure/distribution

It brings a total of 6,000,000,000 LSTs, or Lendroid Support Tokens into circulation.
A total of 2,400,000,000 are available for public sale.

20% of LST will be reserved for the Lendroid team
20% will be reserved for partners
20% is set aside for early investors
The softcap is 4000 ETH
The hardcap is 200000 ETH

It provides access to ERC20 tokens and short selling capabilities.

Conclusion
All in all, you can conclude that Lendroid is a stable investment option. It has some ingrained advantages. However, it is not a radical or revolutionary offering. It seeks to address some of the ingrained inefficiencies in the cryptocurrency space. The white paper is fairly broad-based, but the core features are comprehensive. It can be a reasonable value for money opportunity in the ICO space.

The lender is considered the main partner of the Lendroid platform. The reliability of the protocol is confirmed only by its stable, beneficial participation. The creditor’s credibility with the secretly independent protocol guarantees the formation of a worldwide credit pool.

For this purpose, revolutionary principles and fault-tolerant safes were introduced in order to prevent its main hopes to save its own fixed capital and acquire an interest-free interest in a method with a low coefficient of friction. Lendroid is a credible, public act with the goal of dispersed lending, which makes it possible for marginal sales and small implementations of ERC-20 tokens based in the Ethereum blockbuster.

The lendroid acts as a result of the application of mental contracts, allowing it to be modular, dispersed and faithful. The commercial basis of the Lendroid allows borrowers to take instant instant loans into digital assets.

In the event that the demand of the creditor and the borrower converge, the smart agreement is carried out, then in the future it is blocked in the deposit and saves the resources to the borrower. In the event that the borrower-borrower satisfies the promises under the loan, his guarantee is automatically unlocked. In the event that the borrower defaults to either guarantee collapses further than a coordinated LTV, the warranty is eliminated.

The lender is considered the main partner of the Lendroid platform. The reliability of the protocol is confirmed only by its stable, profitable interest. The creditor’s credibility with the trust-independent protocol guarantees the formation of a worldwide credit pool.

A number of Wranglers have all chances at the same time to exercise control, the marginal outcome. The Wrangler, first determines the terminal registration account, and starts the startAuction function in the Smart Trading Agreement. Smart Contract launches Oracle’s demand and further checks the degree of margin of the accounting journal. The predictor in this case serves as a protection function against spam. In the event that the degree of margin is below the liquidation level, there is a bidding. The lender is considered the main partner of the Lendroid platform.

The main stage should be noted that the Lendroide will have 2 components, a public contract and a third party contract.

Smart Contract is considered the main nuance of the Lendroid protocol. Free admission and counteraction to censorship existed as the two main factors of the “Efirium Smart” Treaty. Taking into account the evolution of the Lendroid protocol and the constancy of the Smart Contract, we worked on the design, which guarantees the probability of updating and modularity. It is important to note that Lendroid is the most effective Smart Contract system. It functions far from being in one basic smart contract, but in the concept of coded laws of processing meanings from within the source-chain of Ethereum.

Terms of ICO
Tariff: 1 ETH that equals 48,000 LST
Target: 5000 ETH
Total will be issued: 240,000,000 LST
Accepted currency: ETH

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