Governance and Reward Token - Lendr (LNDR)

Overview

The Lendr (LNDR) token is the native governance and utility token of the Lendr.fi platform. It empowers users to influence platform decisions, participate in the protocol, earn rewards, and access exclusive features. By holding and utilizing LNDR tokens, you become an integral part of the Lendr.fi community.

The Lendr (LNDR) token captures the fee rewards that are generated by the V2 lending system and incentivizes early adopters and Frontend Operators.

LNDR tokens are given as rewards to Stability Providers — i.e. users who deposit RWA tokens into the Stability Pools, and frontends who facilitate those deposits.

Token Utility

Rewards

• Staking Rewards: Stake LNDR tokens to earn issuance and redemption fees.

Governance

• Voting Rights: LNDR holders can vote on key proposals affecting the platform's future, including protocol upgrades, fee structures, and asset listings.

Utility

• Protocol Insurance: Staked LNDR tokens are used in emergency scenarios to protect the protocol. Users are rewarded on an ongoing basis for staking.

Tokenomics

• Total Supply: The total supply of LNDR tokens is fixed at 100,000,000. No additional tokens can be minted after deployment.

• Distribution Model (Tentative):

  
• Emission Schedule: Staking reward tokens are scheduled to be released over 5 years according to ensure sustainable growth.

What is LNDR's distribution schedule?

Lendr Token's community issuance follows a yearly halving schedule, described by the following function: 25,000,000 * (1–0.5^year). The purpose of this issuance curve is to favorably incentivize early adopters while also maintaining incentives for the long term.

More information on LNDR's allocations and vesting will be released when we approach TGE.

How can I earn LNDR?

Lendr (LNDR) Tokens is earned in three ways:

• Depositing RWA tokens into the Stability Pools

• Facilitating Stability Pool deposits through your frontend

• Providing liquidity to decentralized exchange pools and staking LP tokens in our LP Staking Pools.