Ecosystem Overview

What are the main components of the Lendr.fi Ecosystem?

• Lendr.fi Dapp - A decentralized application used to mint and redeem Lendr RWA tokens

• Lendr Real World Asset (RWA) Tokens - Synthetic tokens representing a variety of asset classes

  • Over-collateralized allowing any holder to redeem for 1:1 backing at any time

  • Additionally secured by a Stability Pool and fellow borrowers acting as guarantors of last resort

• Liquid Staked RWA Tokens - World's first liquid staked RWA tokens

  • Allow users to participate in the Lendr protocol and use their RWAs in other DeFi protocol at the same time

• Lendr Reward Tokens - The Lendr governance/utility token

  • Given to users who stake their RWA tokens in the Lendr protocol

  • Can be staked in the protocol to earn issuance and redemption fees from users (utility)

  • Can be used to vote in the DAO (governance)

• RWA Stability Pools - Staking pools for Lendr RWA tokens

  • Allow users to stake their real world asset tokens and earn rewards in the form of Lendr reward tokens (LNDR) and revenue from liquidations (collateral tokens)

  • Users are given a Liquid Staked token representing their stake, allowing them to participate in other protocols at the same time

• Reward Token Staking Pool - Staking pool for Lendr (LNDR) tokens

  • Stake reward tokens to earn issuance fees and redemption fees

  • Allows LNDR users to participate in DAO governance

• Lendr RWA LP Token Staking - Staking pool for DEX LP tokens (i.e. RWA-wETH)

  • Earns Lendr reward tokens (LNDR)

  • Rewards users for providing ongoing liquidity on DEXs

Is there an ecosystem diagram that shows how it all works together?

Yes, but its a bit complicated! Here you go: