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Cryptocurrencies
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Exchanges
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Media
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Cryptocurrencies
Exchanges
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Lendroid is a non-rent-seeking, trust-independent open protocol that enables decentralized lending, margin trading and shorting on the Ethereum blockchain. It aims to solve the shortcomings of centralized exchanges by establishing a global shared loan pool, a symbiotic off-chain infrastructure jointly supported by participants (including: relayers and wranglers). In short, lenders make offers to loan pools through relayers, who then match offers with appropriate traders. Traders can use the borrowed funds to trade on margin, make a profit and pay back the lender. LST is the native token of the Lendroid protocol. Participation in the protocol requires users to own LST. In addition, users can earn LST by participating in activities that contribute to the health of the ecosystem.