What is the purpose of $LEND?

What is LEND?

LEND is a decentralized financial ecosystem that aims to reduce the gap between crypto and fiat currencies so that users can freely exchange between the two. LEND is a blockchain-based, peer-to-peer lending platform that focuses on transparency and security. It seeks to provide a better experience for both lenders and borrowers. The main purpose of LEND is to make sure that both parties have a satisfying experience on the platform. The platform also seeks to make sure that both parties have a safe experience on the platform. LEND will be using blockchain technology to ensure that there are no security flaws that would compromise the safety of either party. LEND also seeks to make sure that both parties have a satisfying user experience. The platform will be optimized to make sure that both parties are comfortable throughout the lending process. LEND will deliver a great experience for both parties. LendLedger is a decentralized lending ecosystem. In other words, it is a peer-to-peer lending platform. LendLedger allows borrowers to get loan from lenders globally. The platform is designed in such a way that the risk associated with loan is transferred from lender to borrower. The platform uses a credit rating system so that the risk assessment is more accurate. The system also uses a credit scoring system to increase the accuracy of risk assessment.

Goal of $LEND

The main purpose of $LEND is to be the top stable token of all cryptocurrency. $LEND will be a decentralized cryptocurrency that will be used as a medium for exchange of goods and services, as well as for investments. The main goal of $LEND is to be the top, most stable and reliable cryptocurrency in the market. LEND is a community-driven, decentralized ecosystem that is designed to solve the problem of lending. The platform enables the execution of IOUs and will utilize blockchain technology to provide a secure, efficient, and private environment. LEND will have a huge impact on the lending industry by disrupting it by following global trends that are changing the way we manage our finances. The main purpose of $LEND is to provide a set of comprehensive financial services that allow to gain access to the crypto market, to earn profits on the growing crypto market and to be in demand in the crypto market. $LEND will allow users to:

• earn money in the crypto market;
• issue and sell their own tokens;
• make money on lending cryptocurrency or fiat money

$LEND is a a global lending network built on top of the blockchain. We are a decentralized peer to peer lending platform that connects borrowers, lenders and co-signers (credit guarantor) across the globe. $LEND is managed by the $LEND foundation based in Liechtenstein. This foundation grants loans to borrowers, who are rated by the $LEND reputation-based lending system and default on their loans, thereby creating an opportunity for lenders to obtain an interest on their loan. The $LEND platform is designed to be a decentralized application (DApp) built on top of the blockchain. The goal of $LEND is to promote financial inclusion and increase access to credit for borrowers and investors. The primary goal of $LEND is to provide a decentralized, global and inclusive ecosystem of lending services. Our goal is to help the unbanked, underbanked and the rest of the world access the benefits of lending services. We are starting with the fintech industry where most of the unbanked and underbanked reside. We plan to expand into other industries by providing lending services.

Conclusion

$LEND’s tokenomics is based on a unique and innovative value proposition, which aims to be the first crypto-to-crypto lending platform that enables borrowing and lending between cryptocurrencies.

USEFUL LINKS

Website: https://www.lend.finance/
Telegram: http://t.me/lendfinance
Twitter: http://twitter.com/lend_finance
Github: https://github.com/tenfinance

AUTHORS DETAILS

Bitcointalk Username: Onyiiok
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2766257