Lends[LENDS]
Lends is a cross-chain fixed-rate P2P lending protocol powered by Thorchain.
Lends Protocol redefines DeFi lending with its flagship decentralized application on Thorchain. It introduces zero-interest, no-liquidation loans against L1-assets, revolutionizing cross-chain lending. With innovative features like on-chain debt token issuance and an overcollateralized model, Lends prioritizes user safety. By burning tokens instead of accruing interest, it fosters fairness in lending practices. Leveraging Thorchain's deep liquidity and seamless integration with the Arbitrum ecosystem, Lends provides users with flexible and efficient financial tools, reshaping the landscape of DeFi lending.