LenDeFi Token

15.62 %
Change 24h
Market Cap
€ 1,635,663
Volume 24h
€ 29,924
Circulating Supply
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”).
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