Lendr Network

Buying Guide

Here is a quick and easy guide on how to purchase Lendr Network tokens.

Step 1

Create a Wallet

Head over to Metamask to download the app or chrome extension. Follow the steps in the app to create a new wallet and make sure to NEVER share your recovery phrase with anyone! Store it somewhere safe.

A second wallet option is Trustwallet which has a mobile app.

Step 2

Add a Network

To interact with a blockchain, you must add its network to your wallet. The Lendr Network operates on Ethereum and Binance Smart Chain.

Most wallets automatically connect to Ethereum, and you can follow these instructions to add the Binance Smart Chain(BSC) to Metamask.

 

Step 3

Buy ETH or BNB(BSC)

Press the Buy button on the wallet screen and follow the steps to purchase.

You may also purchase BNB(BSC) or ETH from major exchanges such as Binance or Kucoin using your wallet address and send them to your Metamask or Trustwallet.

Step 4

Swap to Lendr Network Tokens

Once you have BNB(BSC) or ETH in your wallet, press the swap button on the bottom of the screen.

Click “Swap” and input the about of ETH or BNB(BSC) you would like to trade. 

Click “Select a Token” and input the token contract address you would like to purchase. You can find the contract addresses for the Lendr Network tokens here

Then press “Get quotes” and swipe to swap your tokens. 

Optional: MEV bots actively run on almost every cryptocurrency and they can reduce user returns. Please consider using a MEV blocker tool:

Step 5

Add Token Tracking

Press “Import tokens” on the wallet screen. Click “Custom Token” and input the information.  Once you input the contract address, the following information should auto-populate. 

You can find the contract addresses for the Lendr Network tokens here

Ensure you have the correct contract address for the blockchain you are on.

Press “Import” and the tokens should appear on your wallet scree.

To learn about the Lendr Network, please visit our Youtube Channel to watch the Lendr Network FAQ Series or read our Documentation.

FAQ

  • Lendr is an interest-free borrowing protocol that offers an inflation-proof stablecoin (USDL) and will be bringing Real World Assets (RWAs) on-chain as flatcoins.

    • USDL is an inflation-proof stablecoin pegged to the U.S. inflation index. 
    • We offer 0% interest loans to issue USDL using BNB as collateral (110%+).
    • Users can stake USDL to earn financial rewards and help maintain the token’s stability/peg.
      • Learn more about these systems here.
    • Lendr is fully decentralized, governance-free, and self-sustaining. 

    We are an improved/enhanced fork of the incredibly successful Liquity Protocol (LUSD and LQTY). Learn more here.

Lendr is a lending platform with innovative features such as: 

  • 0% Interest Rate Defi Loans
  • Inflation-Proof Stablecoin (Flatcoin)
  • Leveraged BNB positions (up to 11x)
  • Token Stability Rewards System – Users are financially incentivized to keep the token peg 
  • Earn rewards – Stakers receive rewards from the platform
  • Decentralized and Governance-Free – Censorship and regulation resistant
  • Fully Redeemable – USDL can be redeemed for 1:1 BNB backing at any time by anyone
  • On-chain tokens pegged to real world assets (gold, real estate, etc.)

Lendr also has security features such as being 110%+ over-collateralized, and a built in recovery mode.

There are four ways to make money with Lendr:

  1. Deposit USDL – into the stability pool and earn liquidation gains (BNB) and LNDR rewards

  2. Stake LNDR – and earn the revenue from issuance fees and redemption fees

  3. Liquidate Troves – under 110% collateralization for a reward and gas coverage 

  4. Stabilize Inflation Price – earn rewards by keeping the token peg through redemptions and issuance arbitrage. 

Follow our Quick Start Guide to get started.

See our full comparison to other stablecoins here.

 

LNDR received rewards from the LendrUSD ecosystem.

  • LNDR pool stakers collect the fees generated by the LendrUSD system
  • USDL Stability Pool stakers are rewarded in LNDR and BNB

Learn more about the LNDR Pool here.

  • LendrUSD is offering over $150,000 USD worth of early adopter rewards!
  • USDL stakers will receive increased LNDR rewards at launch to encourage early adoption.
  • Over 500,000 LNDR tokens are included in this reward pool (>$150,000 USD worth).

Absolutely NOT! Terra/Luna was an algorithmic stablecoin that was under-collateralized and had critical design flaws.

  • LendrUSD is NOT an algorithmic stablecoin.
  • LendrUSD is fully backed and maintains 110%+ verifiable on-chain collateral.
  • LendrUSD is designed to handle bank runs or price drops if they ever occur.
  • The LendrUSD protocol team has been involved in contributing over $134,749 USD to charitable/social causes around the world! 
  • Some organizations we have worked with are #TeamSeas, International Animal Rescue, Mental Health America, Wildlife SOS and more.
  • 0.5% of the total supply of LendrUSD is staked and used to generate funds to be used for social impact causes.

Click here to learn more.

Our long-term vision for Lendr is to provide a number of decentralized “flatcoin” assets pegged to different commodity indexes such as:

  • Gold (LendrGOLD)
  • Real Estate (LendrRE)
  • Healthcare (LendrHC)
  • Oil/Gas (LendrOIL)

Learn more from our documentation here.

The Unipool is a staking pool smart contract where you can stake Uniswap v2 USDL/BNB LP tokens and be rewarded with LNDR tokens. Learn more here.