Real World Asset (RWA) Tokens

What Are Lendr Real World Asset Tokens?

Lendr.fi’s RWA tokens combine the stability of traditional asset-backed investments with the flexibility of DeFi. Each token is pegged to a real-world asset index, enabling access to various asset classes while leveraging blockchain technology for global accessibility and seamless transactions.

The Lendr protocol currently offers two RWA tokens, with more in development:

• USRE (Lendr US Real Estate Token) – U.S. Real Estate Token

• XAUL (Lendr Gold Index Token) – Gold Index Token

Note: Planned future RWA tokens are detailed in the Long-Term Vision section, with token creation ultimately directed by the DAO.

Lending/Minting System Functionalities

In Lendr, each combination of an RWA token and a collateral token forms a unique "Market" (e.g., USRE/wETH or USRE/DAI). Users interact with these Markets by opening “troves,” or loans, using specific collateral to mint RWA tokens.

Regardless of the specific Market, all RWA tokens share standard functionalities:

• Trove Management: Open or close troves to mint or repay RWA tokens.

• Redemptions & Liquidations: Mechanisms to manage collateral risk and ensure peg stability.

• Staking & Rewards: Opportunities to earn additional returns on staked tokens.

For simplicity, USDL and LNDR examples are used throughout this documentation; however, these functionalities apply universally to all Lendr RWA tokens.