Lendroid is a 0x-inspired, 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.
Hype rate : HIGH
Risk rate : NORMAL
ROI rate : NORMAL
Result: MEDIUM INTEREST
TOKEN SALE: SINCE 19 FEB
Ticker: LST
Token type: ERC20 ICO
Token Price: 1 LST = 0.0183 USD (0.00002 ETH)
Fundraising Goal: 4,400,000 USD (5,000 ETH)
Total Tokens: 12,000,000,000 Available for Token Sale: 40%
Whitelist: YES (11 FEB – 13 FEB, JOIN ) Token Issue: FEB 26 Accepts: ETH