Here is a quick and easy guide on how to purchase Lendr Network tokens.
Head over to Metamask to download the app or chrome extension.
Follow the steps in the app to create a new wallet and make sure to NEVER share your recovery phrase with anyone! Store it somewhere safe.
A second wallet option is Trustwallet which has a mobile app.
To interact with a blockchain, you must add its network to your wallet. The Lendr Network operates on Ethereum and BNB Smart Chain (BSC).
Most wallets automatically connect to Ethereum, but if you want to interact on BSC you can follow these instructions to add the BNB Smart Chain (BSC) to Metamask.
Press the Buy button on the wallet screen and follow the steps to purchase.
You may also purchase BNB(BSC) or ETH from major exchanges such as Binance or Kucoin using your wallet address and send them to your Metamask or Trustwallet.
Once you have BNB(BSC) or ETH in your wallet, press the swap button on the bottom of the screen.
Click “Swap” and input the about of ETH or BNB(BSC) you would like to trade.
Click “Select a Token” and input the token contract address you would like to purchase. You can find the contract addresses for the Lendr Network tokens here.
Then press “Get quotes” and swipe to swap your tokens.
Optional: MEV bots actively run on almost every cryptocurrency and they can reduce user returns. Please consider using a MEV blocker tool:
Press “Import tokens” on the wallet screen. Click “Custom Token” and input the information. Once you input the contract address, the following information should auto-populate.
You can find the contract addresses for the Lendr Network tokens here.
Ensure you have the correct contract address for the blockchain you are on.
Press “Import” and the tokens should appear on your wallet scree.
To learn more please visit our Youtube Channel to watch the Lendr Network FAQ Series or read our Documentation.
Lendr is an interest-free borrowing protocol that offers an inflation-proof stablecoin (USDL) and will be bringing Real World Assets (RWAs) on-chain as flatcoins.
We are an improved/enhanced fork of the incredibly successful Liquity Protocol (LUSD and LQTY). Learn more here.
Lendr is a lending platform with innovative features such as:
Lendr also has security features such as being 110%+ over-collateralized, and a built in recovery mode.
There are four ways to make money with Lendr:
Deposit USDL – into the stability pool and earn liquidation gains (BNB) and LNDR rewards
Stake LNDR – and earn the revenue from issuance fees and redemption fees
Liquidate Troves – under 110% collateralization for a reward and gas coverage
Stabilize Inflation Price – earn rewards by keeping the token peg through redemptions and issuance arbitrage.
Follow our Quick Start Guide to get started.
See our full comparison to other stablecoins here.
LNDR received rewards from the LendrUSD ecosystem.
Learn more about the LNDR Pool here.
Absolutely NOT! Terra/Luna was an algorithmic stablecoin that was under-collateralized and had critical design flaws.
Click here to learn more.
Our long-term vision for Lendr is to provide a number of decentralized “flatcoin” assets pegged to different commodity indexes such as:
Learn more from our documentation here.
The Unipool is a staking pool smart contract where you can stake Uniswap v2 USDL/BNB LP tokens and be rewarded with LNDR tokens. Learn more here.