What is LendeXe

LendeXe is a Web3 ecosystem of various innovative DeFi applications.

The past has shown that Stablecoins are not really stable. This was mainly due to the fact that various Stablecoins were backed by volatile tokens. At the center of LendeXe’s vision is the XSD Stablecoin. This is one of the safest stablecoins in the market because it is backed by the three largest other Stablecoins: USDT, USDC, BUSD. Even if one of these Stablecoins were to implode for some unknown reason, there are safety mechanics designed for such unlikely cases.

That’s why LendeXe offers several ways to mint XSD Stablecoins in order to help preserve the value of one’s assets during a market downturn. In addition, XSD can be used as collateral for the LendeXe Decentralized Lending Protocol.

Around the XSD Stablecoin, LendeXe has created a variety of products that allow anyone to secure their crypto assets or create passive income with them. From LendeXe P2P Lending to the Ultimate Loan (a loan for 1.5x the value of your collateral).

LendeXe is not funded by individual VCs, so it does not have to bow to their interests, as is the case with many other projects. LendeXe is committed to decentralization and is therefore fully in the hands of the LendeXe community and follows their wishes. For example, the tokenomics has been completely revised on the advice of the community. But also in all other questions, LendeXe follows the community and not the interests of individuals. This makes LendeXe unique.

LendeXe earns users and community’s trust by providing open-source code that is fully and regularly audited by independent and well-known auditors. Our Smart Contacts have been audited by Certik and the results are available for everyone to see (https://www.certik.com/projects/lendexe). LendeXe makes intentions completely visible, open, and transparent. LendeXe team is respected in the industry and has a history of working with integrity and a high standard of conduct. This is perpetuated as a fundamental building block within our community.

This is another important key principle that governs LendeXe. LendeXe community is governed by the principles of a DAO: everyone is equal, ecosystem and users all form part of the decision-making process that determines how the underlying platform will best serve its clients. This governance is completely decentralized and transparent to everyone who decides to participate in the platform. Furthermore, LendeXe strives to be platform independent. LendeXe is a multichain protocol. A whitepaper on this topic will be published soon.

For many people, crypto is a closed book. However, many of the basic principles of crypto are very old: trading has existed since the Stone Age, interest since ancient times. Nevertheless, many people do not manage to build a bridge between these familiar concepts and the crypto world. We try to make this access easier for them by providing various forms of assistance. Our motto here is: Nothing is new, but everything is better.