Introduction

Lendex is a pioneering decentralized lending protocol on the BNB chain, offering a unique blend of security, efficiency, and accessibility in the world of decentralized finance (DeFi). Our platform is designed to leverage the advantages of the BNB chain, notably its lower fees and faster transaction speeds, to provide an optimal lending and borrowing experience.

Lendex allows users to supply crypto assets as collateral to borrow the base currency like USDT and USDC. Currently, popular cryptocurrencies like BTC and ETH can be used as collateral. The loans are overcollateralized, and collateral will be liquidated automatically if its value falls below the threshold.

What makes Lendex different is that we also allow users to earn interest by supplying the base currency to the protocol. These funds are then lent out responsibly to generate returns. The interest earned also increases the protocol's capacity to issue more loans.