Price Indices & Target Peg Price

How is the target price calculated?

The Lendr protocol relies on well establish, secure oracle data feeds from Chainlink to produce its target pegs. Price data is pulled multiple times per day and used to update the target peg instantly.

Lendr aims to partner with leading Web2 index providers to tokenize well known indicies on chain with global access.

How often is the price updated?

The new version of the protocol updates the target peg dynamically, pulling the necessary price data any time it is needed. Manual updates are no longer needed.

What oracle is used to determine the inflation rate and other real world asset price changes?

Lendr uses a variety of Chainlink-based oracles to obtain an accurate real world asset data on-chain. Some of these oracles use data from over 30+ data sources with more than 18 million data points.

Each category is weighted based on current consumer trends. These elements produce an inflation index that is more accurate than the US CPI index which only tracks 6 categories of spending.

Other indexes, like real estate and gold, are calculated in a similar way using data from our oracle provider based on 30 million+ data points.

Where possible, redundant oracles are used to further increase the safety and resilience of the Lendr protocol.