Lendefi facilitates leveraged trading through undercollateralized cryptocurrency loans. Traders can borrow for leveraged trades while the lending pool generates interest payments. The Lendefi protocol manages both trades and loans withinShow more [+] escrow to create a trustless transaction between trader and lender.
Lendefi’s protocol has been fully audited and operates on the Binance Smart Chain. Future rewards for holders of Lendefi’s native LDFI tokens will include, staking, an affiliate referral program, LP farming along with a DAO management structure. In the future, Lendefi intends to operate across several blockchains.