Base: LendeXe P2P Lending

The LendeXe P2P Lending and Borrowing Protocol

Lending is a service, with which users can deposit / borrow crypto. Based on the protocol, depositors gain passive income and borrowers will get passive rewards (LEXE). LendeXe Lending provides eight different types of crypto and has programs to expand. All eight types of cryptocurrencies can be collateral / loan with no limit.

Lending Protocol Benefits

  • Using Lending, users gain the time value of their crypto in a 100% feeless mechanism 
  • BTC, ETH, BNB, USDT, USDC, BUSD, DAI & LEXE can be supplied/borrowed with no limit 
  • XSD can be used as collateral to borrow other assets with no limit 
  • Users who borrow from Lending get LEXE as passive reward

How to use Lending Protocol

  • Lending Protocol is free to use for everyone.
  • Open Lending Protocol App using this link. 
  • Simply deposit crypto, or use a deposit as collateral to borrow crypto.
  • Loans have no deadline and deposits can be withdrawn anytime you want.

Expansion: Lock Drop

What is Lock-Drop:

  • A way to incentivise early users of LendeXe.
  • Using Lock-Drop, even Lending suppliers will gain passive LEXE reward.
  • 30,000,000 LEXE will be distributed via the first year’s Lock-Drop.
  • The passive LEXE reward is on top of passive supplying interest rate of the pools.

Expansion: Liquidity Mining

What it does?

  • Users who borrow from LendeXe Lending, will get LEXE as reward 
  • Users who supply into LendeXe Lock-Drop will get LEXE as reward (via lock drop)

How does it work?

  • Use lending to deposit your crypto.
  • The lending will automatically give you your deposit receipt (xToken).
  • Lock your xToken for your preferred Lock-Drop Period.
  • When the period ends, simply withdraw your xToken and LEXE reward.

How does it work?

  • A constant number of LEXE will be distributed daily
  • Each user’s share is based on their share of participation
  • Users do not need to do anything as the process is 100% automatic
  • Liquidity Mining LEXE is always a passive extra reward, and not a part of debts or positions