Lendroid Protocol:Decentralized Lending, Margin trading and Short Selling

in decentralized •  7 years ago  (edited)

Hello everyone, hopefully posting about this project Lendroit can give you full benefit:

 

What is Lendroid?

This new coin offer is needed to create a lot of space. This will help to open up new financing opportunities for investors. Lendroid will help investors raise funds and take out short-term loans. You do not need an identity to act. You can complete the transaction without interference from third parties.

 

It is based on the Ethereal blockchain and works according to an open protocol format. This allows investors to make better use of the position. It also aims to create a healthy trading environment. It helps them borrow against their Ethereal token. The interest rate is also decided mutually.

 

main feature

Lendroid is committed to creating a symbiotic infrastructure and trading environment. This allows network operations by creating a global pool. This new coin offer many advantages.

 

• Non-leasing search: As already mentioned, this is a decentralized operating platform. All transactions work using the off-chain utility actor.

• Autonomy: User funds do not have a custodian bank with good limits. This is because smart parties largely eliminate the other person's risk. Lenders are not controlled by centralized authorities. Therefore, this brings a sense of operational efficiency.

• Liquidity is shared: Lendroid supports multiple exchanges. It is also compatible with a large number of exchange protocols. The global pool also improves the overall liquidity position.

• Negotiable fees: Borrowing costs and interest rates can be negotiated offline.

• Providing multi-level support: It creates compatible ecosystems and provides multi-chain operations.

 

What are you doing?

 

The question is why you need Lendroid. This is because chain limitations often reduce the efficiency of these transactions. Lendroid, on the other hand, gives investors incentives to use a global pool. A decentralized operating module eliminates strict financial controls. Users can use a more flexible and smarter credit solution. This will help them generate a higher value from their trade. In addition, profitability should be increased. It should also provide a greater sense of security over these transactions.

 

Benefits of Lendroid

Therefore, the popularity of Lendroid can bring some benefits. When new cryptos reach the highest point, it will help to solve the underlying problem.

It brings a sense of security and flexibility in larger trades.

Relative liquidity is a significantly elevated .

The original token provides a long way to maintain network operations.

It is compatible with many exchanges, which enhances its global appeal.

It largely reduces the risk of counterparties.

It offers the same uniform framework for borrowers and lenders.

It brings more transparency in the companies.

It improves trading practices and keeps the network stable.

It improves the profitability and the return of the available average fund.

This leads to a constructive joint leadership throughout the trading operation.

 

The core concept is to facilitate cryptocurrency trading in a free environment. It tries to reduce regulation without sacrificing security.

 

Token structure / distribution

It brings a total of 6,000,000,000 LSTs or Lendroid support tokens into circulation.

A total of 2,400,000,000 are available for general sale.

 

 

20% LST are booked for Lendroid Team

20% will be made available to the partners

20% are intended for the first-time investor

Softcap is 4000 ETH

Hardcap is 200000 ETH

This provides access to the ERC20 tokens and short sale functions.

 

Team

Lendroid designed in Singapore. The project is managed by Vignesh Sundareshan. Other important members of the team are:

 

Paul Martens - Head of Brand & UX

Franca Ciambella - Legal Adviser

Tyler Filiatrault - Community Manager

Vii - Developers

Supriya Vasu - communication and operation

Anand Venkateswaran - Communities and Communities

Vivek - Developers

Conclusion

All in all, you can conclude that Lendroid is a stable investment decision. It has some deep-rooted benefits. However, this is not a radical or revolutionary offer. It tries to overcome some of the inefficiencies embedded in crypto-cardia space. The White Paper is quite broad, but its main features are very comprehensive. This could lead to a fair price-performance ratio in the ICO sector.

For relevant details about the current Lendroit project, please visit the following links:

WEBSITE | BLOG | TELEGRAM | TWITTER | GITHUB | BOUNTIES

 

My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1254969

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