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ICO «Lendroid»

⭐ Trading & Investing

3.78 (1 ICO reviews)

«Lendroid» ICO Links:

ICO «Lendroid» Listed:

December 2, 2017
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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.

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ICO Details

ICO «Lendroid» ICO Start: November 25, 2017

ICO «Lendroid» ICO Finish: December 25, 2017

ICO «Lendroid» Symbol: LST

ICO «Lendroid» Platform: Ethereum

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