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ICO Lendroid

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Lendroid ICO

ICO Lendroid Description:

ICO Description

Lendroid seeks to overcome on-chain limitations of latency and impractical gas cost by creating a symbiotic off-chain infrastructure supported by incentivized participants. The native token keeps the network operational, fuels the utility layer of the protocol and offers security to community governance. The ecosystem nurtures a decentralized, global, shared lending pool.

Non-Rent-Seeking Protocol

Lendroid is non-rent-seeking, where all transaction throughput goes to the off-chain utility actors - the 0x based Relayers and the newly introduced Wranglers - who coordinate to make the network stable.

Trust-Independent and Autonomous

Smart contracts ensure no custodianship of user funds, thus mitigating counterparty risks. This lets users and off-chain keepers manage their operations without being controlled by a central authority.

Interoperability and Shared Liquidity

Supports multiple exchanges and is compatible with exchange protocols, thus contributing to a global shared liquidity pool. Lenders facilitate a global shared lending pool thereby enhancing lending liquidity.

⭐ Lendroid ICO details:

Lendroid ICO ICO Details

Lendroid ICO Start: 11 25 2017

Lendroid ICO End: 12 25 2017

Lendroid Symbol: LST

Lendroid Platform: Ethereum

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