Lendo is now LendoChain — the DeFi platform you’ve been waiting for. Read our news — discover the magic!
In December 2021 we promised you an update about Lendo’s radical transformation. As you can see, we have changed the name to LendoChain, because it represents all the products that you are now offered. We have moved away from centralized lending and borrowing and into decentralized finance (DeFi) protocols.
We will be updating the website shortly to include all the new DeFi features and
latest technology. We are also preparing the infrastructure to add BTC staking to our web application platform, as well as adding all of the LendoChain services to deliver a wallet-connected solution.
The infographic below illustrates and explains what is happening in each phase of the project.
Prep-phase: Website, Demo app, Whitelisting
Phase 1: NFT Market Place
Phase 2: Fractional NFT, Lending & Borrowing NFT
Phase 3: Mobile Application ( include: IBAN & Card, Crypto wallet, Send & receive, Buy & Sell, Defi Borrowing and Lending)
Phase 4: DEX
Phase 5: StableCoin
Prep phase
Website & Mobile App
Website relaunch to provide everything DeFi in our mobile app and web app.
Whitelisting users
Whitelisting users launches for early-bird privileges.
Phase 1
NFT Marketplace
Streamlined online marketplace for creators, buyers & traders of NFTs.
Phase 2
Fractional NFTs & Borrowing
Offers the benefits of fractional NFT ownership, plus Borrowing NFTs to access special events.
Lending NFTs
Lend your NFTs for additional income.
Phase 3
IBAN & Card
Brings fiat & crypto together to send and receive funds via IBAN, & pay with card.
Buy & Sell Crypto
The app functions allow users to buy crypto with fiat via a credit card or bank transfer, plus an easy-to-use sell process, both at lower fees.
Send & Receive Crypto
The ability to send or receive crypto assets in the simplest way, with superfast transaction speed and the lowest network fee
DeFi Borrowing & Lending
An outstanding DeFi feature that is enhanced by two powerful DeFi platforms, AAVE & Compound.
Crypto Wallets
LendoChain offers institutional-grade secure wallets for the storage of cryptocurrency. Non-custodial wallet feature being added.
Phase 4
DEX
A high security, decentralized cryptocurrency exchange for all your trading needs & allows you to use global P2P transactions at very competitive prices.
Phase 5
Stablecoin/STO
We’ll be bringing you more updates as we progress, so please keep an eye on our social media channels as well as your emails!
With our very best wishes
The LendoChain Team