Lends price

LENDS

#7042

Lends Protocol is Thorchain's flagship decentralized application, revolutionizing the way users leverage their crypto assets for loans. By allowing users to borrow against their L1-assets without selling, Lends facilitates cross-chain lending with competitive rates, characterized by its unique zero-interest and no-liquidation approach.

LENDS is the native utility token that is used for:

• Voting on whitelisted assets, currencies, and oracles
• Staking for protocol governance
• Earning fee rebates

LENDS tools include:

• L-1 Streaming Swaps: Facilitates real-time asset exchanges across different blockchains, enhancing the efficiency of cross-chain transactions.
• THORFi Lending: Provides a decentralized platform for crypto-backed loans, allowing users to leverage their assets without selling.
• THORFi Savers: Offers a savings product within the DeFi ecosystem, enabling users to earn interest on their crypto holdings.
• Lending Orderbooks: Integrates a transparent and decentralized order book for lending, ensuring fair and accessible loan opportunities for all users.

LENDS tokens can be acquired through a variety of major exchanges, offering trading pairs with both cryptocurrencies and stablecoins to cater to diverse investor needs.

You can find LENDS available for trading on the following platforms:

• Kucoin: https://www.kucoin.com/trade/LENDS-USDT
• Bybit: https://www.bybit.com/en/trade/spot/LENDS/USDT
• Gate.io: https://www.gate.io/trade/LENDS_USDT
• MEXC: https://www.mexc.com/exchange/LENDS_USDT
• Uniswap: https://app.uniswap.org/swap?inputCurrency=0xdac17f958d2ee523a2206206994597c13d831ec7&outputCurrency=0x2C06BA9e7F0dACcbC1f6A33EA67e85bb68fbEE3a

Each of these exchanges provides a unique set of features and benefits, ensuring that users have multiple options for engaging with the Lends ecosystem and securing their LENDS tokens.