Lendr is a decentralized lending protocol that operates without governance, offering interest-free loans for real-world assets (RWAs) on the blockchain. It also introduces an inflation-proof stablecoin called LendrUSD (USDL). The Lendr Network dapp and token contracts have received multiple security audits from CERTIK, Trail of Bits, Immunefi, Coinspect, and SolidProof. Lendr Network has already achieved recognition, winning first place at the BNB Chain 2023 Hackathon and the Spring 2023 Chainlink Hackathon.The main components of the Lendr Network ecosystem are:
Lendr Network Dapp: A decentralized application where users can provide collateral to borrow USDL at 0% interest.
LendrUSD Token (USDL): An inflation-proof stablecoin pegged to an on-chain inflation index.
Lendr Token (LNDR): The native token of the Lendr ecosystem used to collect fees from USDL issuance and redemption.
USDL Stability Pool: A staking pool where users can stake USDL and earn rewards in collateral and LNDR.
LNDR Staking Pool: A staking pool where users can stake LNDR and earn rewards in USDL and native blockchain tokens. Please visit Lendr Network official website for latest updates and information.