Lendroid is a 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.

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Lendroid Support Token Details

Reported Volume 24H

Reported Volume calculates volume from all exchanges with market pairs, but due to factors such as wash trading, it is considered an unreliable metric.

$2,708
Total Supply 1,210,071,487 LST
Team Location Singapore
First Announced November 28, 2017

Lendroid Support Token Technical Details

Blockchain Ethereum (ERC20)
Consensus Not mineable

Lendroid Support Token Team

Registered Country

Singapore
Vignesh Sundaresan
Vignesh Sundaresan

Project Lead

Paul Martens
Paul Martens

Brand & UX

Franca Ciambella
Franca Ciambella

Legal Counsel

Supriya Vasu
Supriya Vasu

Communications & Operations

Patrick McLain
Patrick McLain

Devops

Vii Sundaram
Vii Sundaram

Tech Lead

Galen Danziger
Galen Danziger

Devops