Lendroid
About Lendroid
Non Custodial
Smart contracts mean there is no 3rd party custodian. With Lendroid there is no risk of the custodian getting hacked while lending/margin trading.
Works Across Exchanges
Lendroid powers a common protocol and a shared liquidity pool for margin trading across various decentralized / centralized exchanges.
Non Rent-Seeking
The protocol is non-partisan and does not favor one type of participant over another. The fee is paid by actors using the protocol to those helping the protocol.
Features
- Non Custodial. Smart contracts mean there is no 3rd party custodian. With Lendroid there is no risk of the custodian getting hacked while lending/margin trading.
- Works Across Exchanges. Lendroid powers a common protocol and a shared liquidity pool for margin trading across various decentralized / centralized exchanges.
- Non Rent-Seeking. The protocol is non-partisan and does not favor one type of participant over another. The fee is paid by actors using the protocol to those helping the protocol.
Lendroid Roadmap
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Q1, 2017
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Whitepaper on Decentralized Digital Asset Lending released.
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Q2, 2017
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Loans for ENS names demo launched on Kovan.
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Q3, 2017
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Whitepaper describing our approach to decentralized margin trading.
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Q2, 2018
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Network launch on Ethereum with support for ERC-20 tokens.
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Q4, 2018
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Multi-chain Support to accommodate Non ERC-20 tokens.
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Q2, 2019
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Protocol/Network governance moved from multi-sig to token holder voting.
Activity
Team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Last News
Lendroid Reviews
The conception of trust management of assets is not new. However, the way to implement a protocol based on 0x protocol and decentralized architecture managed by smart contracts, gives the Lendroid project an advantage over classical solutions. First, this is the minimum size of commissions (the work of smart contracts is objectively cheaper than people’s work). Secondly, the problems of mutual trust and security are solved (the responsibility of the parties is clearly described, the human factor is minimized, the actions of traders are transparent and controlled).
Lendroid idea looks fine. However, the product is currently not available. According to Roadmap, it will take years to see it. In addition, we still do have questions concerning the team. Moreover, we inform either Lendroid developers or our readers about the major misprints in white paper.
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