Technical Overview

Lendex is built on the BNB chain, taking advantage of its low transaction fees and high transaction speed. Our protocol is developed with the following technical features:

Smart Contract Infrastructure

• Custom smart contracts manage the lending and borrowing processes, ensuring security and automation.

• Contracts are audited and optimized for efficiency and gas savings.

Collateral Management

• Algorithmic monitoring of collateral value with real-time price feeds.

• Automated liquidation processes are triggered if collateral values fall below predefined thresholds.

Interest Rate Mechanism

• Dynamic interest rates based on supply and demand within the protocol.

• Rates adjust automatically to balance the lending pool and incentivize participation.

Security and Compliance

• Rigorous security protocols including regular audits and compliance checks.

• Implementation of industry-standard encryption and security measures.

Interoperability and Scalability:

• Designed for compatibility with multiple cryptocurrencies and tokens.

• Scalable architecture to accommodate future growth and additional features.