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Lendefi

Lendefi LDFI Price N/A

5 Watchlists

DeFi

LDFI Price

N/A

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Inactive

Funds and Backers

Wallets

No wallets found yet

Description

Lendefi is a DeFi platform that delivers leveraged trading via secured undercollateralized loans.

Lendefi (LDFI) Chart

Lendefi price Index provides the latest LDFI price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

ATH Market Cap

$ 214.35K

Max Supply

LDFI 10,000,000,000

Total Supply

LDFI 9,947,701,723

Listing Date

27 Aug 2021

All Time High

$ 0.000369

18 Sep 2021


All Time Low

$ 0.00...022

18 Jun 2022

What is Lendefi (LDFI)?

Lendefi’s innovative protocol is bringing significant opportunities to the markets for leveraged trading of digital assets. Advantages are delivered to both lenders and borrowers within a secure, decentralized protocol.

There are two parties involved within the Lendefi equation:

Borrowers

  • Traders wishing to profit from leveraged trading.

Lenders

  • Digital asset owners wishing to generate interest from lending.

Both parties in the equation are secured by Lendefi’s protocol and benefit from the value inherent within leveraged trading and secured lending.

What is the LDFI Token?

LDFI is the native token for the Lendefi Protocol (“Protocol”). LDFI is a governance token that controls the interest rate model, inclusion of supported assets, reward distribution, changes in the Protocol and other terms and conditions.

Decentralized Governance

Lendefi governance, via a Decentralized Autonomous Organization (“DAO”), allows active participation of the token holders in the governance of the Protocol.

Transaction Fee's

1% Tax Fee — Given back to all token holders 1% Buy Back Fee — Used to Buy Back and Burn tokens 1% Wallet Fee — Protocol & marketing funds

Tx Fee % to Holders (1%) The transaction fee % distributed to holders. This fee will be collected from all transactions as a percentage of the transaction token amount and reflected to current holders immediately. The fee is paid in the LDFI.

Tx Fee % to Buyback Tokens (1%) Hyper-deflationary mechanism.

The fee will be collected from all transactions as a percentage of the transaction token amount. Once the token contract holding exceeds 0.1% of the total supply, automated swap will be executed on a sell transaction and BNB will be added to the token contract. Once the BNB balance of the token contract exceeds 1 BNB, on a sell transaction 1% of the available BNB balance will be used to buy back and burn LDFI tokens.

Tx Fee % to Wallet (1%) The transaction fee % sent to the Lendefi Protocol’s multi-sig wallet. These funds will be used to fund Protocol and Marketing expenses.

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