Research

Lendroid launches mainnet

Messari

Sep 9, 2019 ⋅  1 min read

Digital asset lending platform Lendroid ($LST) has launched on mainnet with V1 of the protocol. According to the team, the initial version of the protocol includes fundamental elements such as:

  1. Order fill + cancel
  2. Loan approval
  3. Fixed interest
  4. Loan pre-closure
  5. Position topup + liquidation
  6. Non-custodial token transfers
  7. Support for ERC20 tokens. Currently DAI and WETH are enabled.

Along with the mainnet launch Lendroid has provided an audit of the V1 smart contract from Quantstamp.

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