vote pending

Lenfi Xlend- Leveraged trading on UTXO based ecosystem

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Current Project Status

vote pending

Amount
Received

₳0

Amount
Requested

₳150,000

Percentage
Received

0.00%

Solution

Xlend is a smart-contract-based leveraged trading client. It will utilize Lenfi V2 pools for liquidity and will allow users to create permissionless leveraged positions in Cardano native tokens.

Problem

Building overcollateralized and permissionless leveraged trading applications on UTXO-based ecosystems is extremely difficult, which is why Cardano currently lacks such applications.