Lendroid

Lendroid

A non-custodial lending engine powering the world's financial services on the blockchain.

About Lendroid

Smart contracts means there is no 3rd party custodian. With Lendroid there is no risk of the custodian getting hacked while lending / margin trading.

Building modular components that make the most of our ecosystem, ultimately enabling margin on blockchain. The protocol is non-partisan and doesn’t favor one type of participant over another. The fee is paid by actors using the protocol to those helping the protocol.

The lender is the primary participant on the Lendroid platform. The protocol’s soundness is validated only by his sustained, profitable participation. The lender’s trust in the trust-independent protocol will power the creation of a global lending pool. To this end, innovative rules and fail safes have been put in place to not let down his basic expectations – of protecting his capital and earning risk-free interest in a low-friction manner We propose a network consisting of two types of actions: off-chain actions that propagate an intent and on-chain actions that confirm the intent, thereby committing the state of the network on the Ethereum blockchain.

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Team

Vignesh Sundaresan
Lead Architect

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