Nanda Crypto: LEND review

LEND, is our DeFi multi-chain lending platform looking to stand out with our revolutionary revenue sharing model in a market with $54.15 Billion in total value captured. LEND users can interact with the protocol in a few ways; Deposit crypto assets to earn competitively high interest, similar to a traditional savings account. Or use their crypto assets as collateral to borrow tokens.

With LEND, our users will be able to know they are safely maximizing the earning potential of their crypto assets and savings.

Users can interact with the protocol in a few ways; Deposit crypto assets to earn competitively high interest, similar to a traditional savings account. Or use their crypto assets as collateral to borrow tokens.

$LEND tokens will be the native token for the LEND protocol. Within the token structure, the token will give holders governance and voting rights in important decisions for shaping the future of the platform. It doesn’t end there though…

$LEND tokens are also the key to earning passive income from the protocol. Once the token has launched, holders can supply $LEND to the protocol in exchange for $tLEND which actually makes them eligible to claim 25% of the total revenue generated by the protocol!

Token Allocations:

12% - 120,000,000 LEND Allocated for Seed Round

5% at TGE, 4 month cliff with linear vesting from months 5 -> 15 at 8.64% per month

7.5% - 75,000,000 LEND Allocated for Private Round

10% at TGE, 3 month. cliff with linear vesting from months 4 -> 12 at 10.00% per month

0.5% - 5,000,000 LEND Allocated for Public IDO

15% at TGE, 1 month cliff with linear vesting for 5 months at 17% per month

40% - 400,000,000 LEND Allocated for Lenders & Borrowers

15% - 150,000,000 LEND Allocated for LEND LP Rewards

10% - 100,000,000 LEND Allocated for Airdrops

3 month cliff, 25% released every 90 days, must hold TENFI tokens to maintain airdrop, otherwise defaulted into rewards pool

7.5% - 75,000,000 LEND Allocated for Collaborator Incentives

3 month cliff, 25% released every 90 days

7.5% - 75,000,000 LEND Allocated for TEN Finance Dev Team

24 month cliff, then linear vesting over 5 years

The token sale is a good chance to become an early adopter of the LEND platform, which is designed to become a gateway to the cryptocurrency markets. The LEND token will be used as the primary method of payment on the platform, allowing users to borrow between $1 and $10 million with interest rates of up to 20 percent. Lending Coin is a decentralized peer-to-peer Credit platform built on Bsc blockchain technology. It is a platform that brings together crypto-currency investors and borrowers.

Take part in the Telegram contest — $500 of $LEND to win!

As you know the LEND protocol will be launching soon, so we wanted to give all participants an extra chance to win $LEND. Pick out your favourite PFP and use it on telegram for your chance to win.

By completing the following steps for our telegram giveaway you’ll have a chance to win a share of $500 in LEND, split between 25 users!

How to take part:

Pick your favourite PFP: https://bit.ly/3eqSGO8

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Join all LEND & TEN Finance our Telegram Channels

For More Information:

Website: https://www.lend.finance/

Whitepaper: http://lend.gitbook.io/

Telegram: http://t.me/lendfinance

Twitter: http://twitter.com/lend_finance

Github: https://github.com/tenfinance

Medium: https://medium.com/lendfinance