LenDeFi Token
LDFI

0.0003178
$
9.41 %
Change 24h
Market Cap
$ 1,551,970
Volume 24h
$ 5816.3
Circulating Supply
4,883,580,000
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”).