Lendroid is a non-rent seeking, trust-independent, open protocol enabling decentralized lending, margin trading and short selling on the Ethereum blockchain. It aims to solve the shortcomings of centralized exchanges by creating a global shared lending pool, and a symbiotic off-chain infrastructure supported by incentivized participants - Relayers and Wranglers. Simply put, Lenders contribute their offers to the lending pool through relayers, who then match the offers with appropriate traders. The traders can use the borrowed funds to margin trade, make a profit, and repay the lenders.
Non Custodial Smart contracts mean there is no 3rd party custodian. With Lendroid there is no risk of the custodian getting hacked while lending/margin trading.
Works Across Exchanges Lendroid powers a common protocol and a shared liquidity pool for margin trading across various decentralized / centralized exchanges.
Non Rent-Seeking The protocol is non-partisan and does not favor one type of participant over another. The fee is paid by actors using the protocol to those helping the protocol.
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Dear friends!As a result of our participation in BlockShow which took place in Singapore, we received a huge number of contacts and positive feedback from various projects. At the...