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.
