Lendr Network (LNDR)

IDO

Last updated: Sep 19, 2023

An interest-free lending platform for an inflation-proof stablecoin and flatcoins. Native tokens: LendrUSD (USDL) and Lender (LNDR).

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Overview

Project industry	Crowdfunding & Lending
Product type	Platform
Whitepaper	Open

What is Lendr Network

The Lendr Network is a decentralized real world asset stablecoin protocol offering 0% interest loans on unique stablecoins representing assets such as: US real estate, inflation-proof USD, and gold.

LendrUSRE represents the US real estate market, LendrUSD is an inflation-proof version of the US dollar, and LendrGold is a stablecoin for the global gold market.

All Lendr stablecoins are decentralized, governance-free, and over collateralized using only on chain assets (native blockchain tokens such as ETH).

The Lendr Network DeFi lending platform sends 100% of its revenue to stakers of the Lendr reward tokens (LNDR, LNDRr, LNDRg, etc.) allowing users to profit from both the stablecoin returns and defi lending returns.

The Lendr Network tokens and platform also support charitable causes around the world, with the founding team having donated over $135,000 USD to charity in past web3 projects.

Details

IDO (PinkSale Launchpad): Sep 19, 2023 - Sep 20, 2023
Token supply: 100,000,000 LNDR
Total tokens for sale: 16,094,223 LNDR
Soft cap: 5 BNB
Hard cap: 1,000 BNB

Legal

Registration year: 2023

Token info

Ticker: LNDR
Type: Utility-token
Token distribution:
32% - Stability Pool Staking Rewards
24.48% - Pinksale Presale/Liquidity
17.08% - Team/Advisors
10.31% - Lendr Endowment Fund
10.30% - Investors & Partnerships
2% - Hackathon/Bounty Fund
2% - Lendr Global Reward Pool
1.33% - LP Pool Staking Rewards
0.5% - Social Impact Fund

Lendr Network Roadmap

Current Plans

Launch BSC Mainnet Application and Tokens
Launch ETH Mainnet Application and Tokens
CG/CMC Listings
Major CEX Listings
DeFi Partnerships

Future Plans

Researching New Stablecoin Index Tokens to Create
Additional Exchange Listings
Additional DeFi Partnerships
Expansion to Additional Blockchains
Expansion of the Lendr Team
V2 Lendr Platform
Additional Product Offerings
Increased Decentralization

Done

1st Place Win in the Binance BNB Chain Hackathon (1inch Network)
1st Place Win in the Chainlink Hackathon (Truflation)
Presale Marketing Plan Created
ETH Testnet Application Launched
BSC Testnet Application Launched
Expand Team
Preparation of Customer Facing Information (documentation, website, social media, etc.)
Technical Specifications Created
Initial Product Research and Planning
Initial Business Plan and Company Creation