Traditional Lending Pools

Problem 1: Unstructured Decentralized Lending

Fixed Rate and Fixed Term Lending

Lends Protocol introduces a structured approach to decentralized lending, where borrowers and lenders agree on specific interest rates and terms for loans. The platform features an order book that brings borrowers and lenders together, enabling competitive pricing and efficient allocation of resources. This lending system caters to various financial strategies, including portfolio optimization, risk mitigation, and passive income generation.

Problem 2: Limited Flexibility in Traditional Lending Pools

NFT-Based Isolated Positions and Amplified User Yields

Lends Protocol utilizes NFTs for each debt instead of pooled LP tokens, allowing users to manage individual loan positions with greater control and flexibility. Tradable on secondary markets, NFT-based debts enhance liquidity, streamline compliance, and offer a consolidated view of counterparties and exposure, making them particularly valuable for institutional applications. By depositing funds into Lends, users benefit from automatic order management and increased returns compared to traditional lending pools.