Lendr Network, a decentralized lending protocol, seeks to offer interest-free loans for on-chain real-world assets (RWAs). With the overarching objective of establishing a multi-chain lending ecosystem, Lendr Network plans to introduce decentralized "flatcoins" linked to various commodity indexes. These flatcoins encompass assets like gold (LendrGOLD), real estate (LendrRE), healthcare (LendrHC), and oil/gas (LendrOIL).
An essential feature of Lendr Network is its inflation-proof stablecoin, LendrUSD (USDL). While conventional stablecoins are pegged to a fixed value such as $1, LendrUSD anchors its value to an on-chain inflation index. This innovative mechanism ensures that the tokens maintain their purchasing power and safeguard holders against value erosion due to inflation. By presenting an alternative to traditional stablecoins, Lendr Network aims to furnish users with a more secure and dependable store of value.
Operating under a fully decentralized and governance-free model, the Lendr Network ecosystem relies on immutable public smart contracts that are open source and undergo rigorous security audits. This approach ensures transparency and reliability, allowing users to engage with the network and access its services without depending on any central authority or intermediary.
To enhance its capabilities, Lendr Network actively pursues partnerships and collaborations within the decentralized finance (DeFi) space. These alliances are intended to expand the availability of flatcoins, explore novel stablecoin index tokens, and secure additional exchange listings. By broadening its network of DeFi partnerships, Lendr Network strives to offer users a more extensive array of options and opportunities within the crypto ecosystem.
Regarding its roadmap and future plans, Lendr Network remains adaptable and flexible in line with the evolving cryptocurrency landscape. The current objectives of the project include launching applications and tokens on the Binance Smart Chain (BSC) and Ethereum (ETH) mainnets, securing listings on reputable cryptocurrency exchanges, and more.
https://lendr.network/