LDFI

LendefiLDFI

Rank #1685
Token
On 4,674 watchlists

Lendefi Price (LDFI)

$0.000404
2.40%

0.000000007043 BTC3.22%

0.00000008596 ETH2.36%

Low:$0.0003754
High:$0.0004377
24h
LDFI  Lendefi LDFI
Price:
$0.000404
 2.40%
Market Cap
$1,974,549
2.40%
Fully Diluted Market Cap
$4,039,766
2.40%
Volume
24h
$16,139
0.00%
Volume / Market Cap
0.008174
Circulating Supply
4.89B LDFI
49%
Max Supply
10,000,000,000
Total Supply
10,000,000,000
Sponsored

Lendefi to USD Chart

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LDFI Price Live Data

The live Lendefi price today is $0.000404 USD with a 24-hour trading volume of $16,139.45 USD. We update our LDFI to USD price in real-time. Lendefi is up 2.40% in the last 24 hours. The current CoinMarketCap ranking is #1685, with a live market cap of $1,974,549 USD. It has a circulating supply of 4,887,779,997 LDFI coins and a max. supply of 10,000,000,000 LDFI coins.

The Decentralized Finance (“DeFi”) ecosystem has grown exponentially over the past year and has started to unlock the true potential of the crypto markets to replace legacy markets that were built for another age that has now passed its use-by date. The potential is for DeFi to replace almost all financial services known today, such as savings, insurance, trading, and loans. DeFi can shift to almost all services offered by financial institutions, including lending and borrowing. It’s exciting to see the innovation happening in DeFi with multiple major platforms like Compound and AAVE paving the way for the adoption of crypto lending and borrowing. However, the problem with these current protocols is they have only tapped a portion of the market given that loans are over collateralized. This limits the borrowing potential for secured lending. While there has been a lot of innovation happening in the undercollateralized lending space, Undercollateralized Loans (“UCLs”) are yet to mature as current lending approaches are unsecured. Unsecured lending has been keeping the majority of lenders on the sidelines.

On the other hand, the interest people receive in the traditional bank system is nearly zero and even going negative in multiple countries. You will have to pay the bank to hold your money. This is leaving people little to no secure lending options where they can earn attractive interest on their money. While it is easy for anyone to borrow money from the bank to buy assets like cars and houses, there is no lending option available for the borrowers to invest in crypto assets. This major gap in the market remains untapped and we at Lendefi are bridging this gap in the market.

Introducing Lendefi, an innovative DeFi protocol that allows lenders to securely lend their stable coins and earn interest. Borrowers can access UCLs to invest in crypto-assets and grow their portfolios.

VALUE PROPOSITION

Attractive interest rates

Lendefi allows lenders to earn an attractive interest rate by lending stable coins through Lendefi Protocol. The interest paid by banks on savings or term deposit is virtually nonexistent and in the future is likely to go negative, meaning banks will charge interest to hold money.

Access to capital for crypto assets

Crypto assets do not enjoy access to capital markets, for borrowing and lending, compared to other assets like real estate or shares in companies.

No Middle Man

The Lendefi protocol cuts the middle man out of the process, removing all of the red tape involved with lending and borrowing. This removes any counterparty risk between the borrower and lender, who then can deal on a trustless basis.

LENDEFI FEATURES

Completely decentralized

Lendefi is a completely decentralized finance protocol operating on smart contracts. This allows the platform to be highly secure and trustless.

Undercollateralized Loans

Lendefi allows users to get UCLs for buying crypto assets. The assets are bought directly from the Lendefi protocol through decentralized liquidity pools like Uniswap.

Secured lending

Lendefi allows secured lending, giving much-needed confidence to the lenders in a highly volatile crypto market. Secured lending will open up opportunities for traditional lenders to access higher interest rates without getting direct exposure to market fluctuations.

Decentralized governance

The Lendefi protocol will be controlled by the community who can participate in the governance of the protocol. Lendefi governance via a Decentralized Autonomous Organization (“DAO”) will allow the active participation of token holders in the governance of the protocol.

Multiple asset support

Borrowers can select from a wide variety of supported assets to invest in by borrowing funds from the Lendefi protocol. Supported assets can be added and removed from the protocol using the Lendefi governance DAO.

LDFI to USD Converter

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LDFI Price Statistics

Lendefi Price Today
Lendefi Price$0.000404
Price Change24h$0.00000948
2.40%
24h Low / 24h High
$0.0003754 /
$0.0004377
Trading Volume24h$16,139.45
Volume / Market Cap0.008174
Market DominanceNo Data
Market Rank#1685
Lendefi Market Cap
Market Cap$1,974,548.71
2.40%
Fully Diluted Market Cap$4,039,765.94
2.40%
Lendefi Price Yesterday
Yesterday's Low / High
$0.0003744 /
$0.0004404
Yesterday's Open / Close
$0.0003869 /
$0.0004265
Yesterday's Change

10.23%

Yesterday's Volume$12,523.18
Lendefi Price History
7d Low / 7d High
$0.0002981 /
$0.0004428
30d Low / 30d High
$0.0002841 /
$0.000446
90d Low / 90d High
$0.0001922 /
$0.0007133
52 Week Low / 52 Week High
$0.0001922 /
$0.0007133
All Time High
Oct 27, 2021 (a month ago)
$0.0007133
43.37%
All Time Low
Oct 08, 2021 (2 months ago)
$0.0001922
110.16%
Lendefi ROI

99.9%

Lendefi Supply
Circulating Supply4,887,779,997 LDFI
Total Supply10,000,000,000 LDFI
Max Supply10,000,000,000 LDFI