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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Fulcrum stands out as a robust DeFi platform tailored for tokenized lending and margin trading activities. As a fully decentralized margin trading platform, it eliminates the necessity for any form of verification, including KYC or AML processes. Users can confidently lend or trade while retaining complete control over their keys and assets through our non-custodial approach. The platform features iTokens, which allow holders to earn interest on borrowed funds, and pTokens that facilitate the composability of margin positions. In instances where positions become undercollateralized, only a portion is liquidated to adjust the margin maintenance from 15% to 25%. Users can enjoy a seamless trading experience due to automatic position renewals and the absence of rollover fees. The foundational bZx protocol has undergone a thorough audit by the esteemed blockchain security firm ZK Labs, ensuring its reliability. To provide accurate price information, the platform utilizes Chainlink’s decentralized oracle network. Additionally, if undercollateralized loans are not liquidated correctly, lenders are compensated from a reserve created by allocating 10% of the interest paid by borrowers. This structure not only protects lenders but also enhances the overall security and efficiency of the trading environment.

Description

Lenen represents the inaugural decentralized, transparent, and non-custodial liquid asset lending framework within the Vision Chain ecosystem, which is part of the high-performance Metaverse public chain. It combines various functionalities such as liquidity mining, pledging, lending, and governance, utilizing USDT as its foundational asset, enabling users to engage as either lenders or borrowers within distinct lending pools. Supported by the Vision Chain's robust infrastructure, Lenen enhances and refines blockchain technology protocols and mechanisms across multiple levels. Its innovative model for setting pool mortgage rates, along with a sophisticated risk management system, empowers users to borrow a greater number of tokens while minimizing both liquidation risks and penalties. This comprehensive approach not only fosters a more secure lending environment but also encourages broader participation in the decentralized finance ecosystem.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

No images available

Integrations

MetaMask
Authereum
BNB Smart Chain (BSC)
Base App
Causal
Ethereum
Fortmatic
Ledger
Polygon
Portis
QuickBooks Online
Torus
Trezor
Trust Wallet
Vision Chain
WalletConnect
Zoho Directory

Integrations

MetaMask
Authereum
BNB Smart Chain (BSC)
Base App
Causal
Ethereum
Fortmatic
Ledger
Polygon
Portis
QuickBooks Online
Torus
Trezor
Trust Wallet
Vision Chain
WalletConnect
Zoho Directory

Pricing Details

0.15% trading fee
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Fulcrum

Founded

2017

Country

United States

Website

fulcrum.trade/

Vendor Details

Company Name

Lenen Protocol

Founded

2022

Country

Australia

Website

lenen.xyz/home

Alternatives

Alternatives

Taker Reviews

Taker

Taker Protocol