LenDeFi Token
LDFI

0.2103
$
2.11 %
Change 24h
Market Cap
$ 1,089,730
Volume 24h
$ 306,346
Circulating Supply
5,187,770
LDFI
$
Description
LenDeFi allows secured lending and removes any counterparty risk between the borrower and the lender, who then can deal on a trustless basis. The lender will receive a variable interest and be secured by the liquidity provided on the DeFi ecosystem in such protocols as Uniswap . Hence, if the borrower is not able to maintain their loan, the Protocol will ensure the lender is repaid and the borrower credited with the remaining equity. Borrowers can select from a wide variety of supported assets to invest by borrowing funds from the Protocol. Supported assets can be added and removed via Lendefi’s decentralized governance mechanism (the “DAO”).
We Use Cookies
By continuing to use our site, you accept our use of cookies