Lendroid Support Token
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Rate: 1 ETH
48 000 LST
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Token Supply
12'000'000'000 LST
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Bonus
25%
of TGE Tokens reserved for pro-rata distribution who optionally vest for 1 year.
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Released in Public TGE
240'000'000 LST
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Hard Cap
5000 ETH
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Accepted Currency
ETH
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Rate: 1 ETH
48 000 LST
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Token Supply
12'000'000'000 LST
Roadmap of Token Sale
Roadmap and datesRoadmap and datesRoadmap and dates
Allocation
Roadmap and datesRoadmap and datesRoadmap and dates
Vesting Schedule
Pre-launch Expenses and Future Funding
2
years
Ecosystem and Partners
2
years
Lendroid Foundation Team
4
years
Protocol Players
The LST is an ERC20-compatible token created to drive utility on the protocol; to incentivize; and empower governance. Lenders and Traders pay for the essential services of the Relayers and Wranglers.
Transaction
Lender
Relayer
Wrangler
Margin Trader
Avail. Loan
Close of Loan
Pays
Receives
Wrangler
Pays
Margin Change
Relayer
Wrangler
PAYS
MArgin Call
Pays
Wrangler
PAYS
Since Lendroid is a non-rent-seeking protocol, users may participate on the protocol even without owning tokens of LST; providing vital services like monitoring loan lifecycles and margin accounts. Initial limits will be set by the Lendroid team.