Lendr Network aims to solve several challenges in the crypto space, including:
Centralization: Over 92% of the stablecoin market is centralized, posing risks of regulatory shut-downs. LendrUSD offers a decentralized stablecoin alternative.
Hidden Inflation Costs: Stablecoin holders lost over $9 billion USD of spending power to inflation in 2022. LendrUSD is an inflation-proof stablecoin, pegged to an on-chain inflation index.
Banking Risks: Failed banks controlled over $532 billion USD of depositor assets in 2023. LendrUSD provides a safer way to store wealth.
Undercollateralized Stablecoins: The Terra/Luna crash cost investors over $60 billion USD. LendrUSD is over-collateralized with verifiable on-chain assets, reducing risk.
Ongoing Interest Rates: Most decentralized stablecoins charge ongoing interest rates, slowing adoption. LendrUSD offers 0% interest rates, making borrowing and issuing more accessible.
By addressing these challenges, Lendr Network provides users with a safer, decentralized, and inflation-proof stablecoin, along with innovative lending features and the ability to interact with real-world assets on the blockchain.
