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 any asset class

    • 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 any 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

  • 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:

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