This is the MOST IMPORTANT difference between Lend and other Real Estate RWA protocols: we have skin in the game, we're operational, and we're aligned with investors.
Others just get paid to fund external actors who spend investors' money however they want. (Spoiler: it rarely ends well.)
opLend-3 goes live in 4 days⌛
We just dropped the pre-commercialization report in our Transparency section: 5 of 6 units are already reserved post renovation, between a construction entrepreneur and a daycare group.
We're pushing transparency reports for all our operations 👉
https://t.co/BFgl2PHdAv
@TaikiMaeda2 How on earth is it possible to maintain this after seeing how it turned out for Saylor the past few weeks (while being WAY MORE DOWN BAD THAN HIM).
Lend RWA operation #3 opens June 8, 3PM CET.
Join the renovation and resale of a 400 sq. meters building near Paris, split into 6 units. 10% fixed APR, paid weekly in stablecoins + Lend points.
More details 👇
It's been a while since global sentiment towards crypto has been that bad.
I said this many times, we're not in 2021/22 end of cycle because this time no SBF/Celsius/Luna. We're in 2018, a slowand lingering despair of "we're not cool anymore" mostly solely due to price not going up.
Back then, when the tourists left, the builders delivered MakerDAO, Compound, SNX, EthLend (Aave) and more with mostly apathetic reception.
It's an exciting time to focus and deliver even if the market will be ungrateful for a while.
🌀 We have deployed Lend's opLend oracles!
We're now pushing in real time the value of each of our tokenized bonds in underlying & USD value thanks to @chainlink 's price feed!
Any lending market, vault, or DeFi protocol can now read their price directly on-chain.
Comes with a lot of benefits tho
- The BPI is really god tier funding source for young entrepreneurs, I don't think any other countries has this kind of funding
- A LOT of fully legal workarounds for the crazy employment tax
- Reinvesting profits through holding mixed with the top tier fixed rate bank funding allows you to basically secure your future without being slaughtered by taxes
- Cost of life vs quality of life is ok vs most western places
Absolutely no excuses for the kidnapping issues tho it's a total shame, have to litteraly be armed and paranoid all the time which is a total shame
Still hardcore but as long as they don't pass their flat tax increase or non-realized profits tax BS it's manageable
🎨 DASHBOARD REDESIGN
We just pushed a new update on Lend's app! You can now visualize your accrued interest more clearly and enjoy a better UI overall!
Invest in RWA, natively on-chain. Link in comments!
🔎 New transparency feature!
A RWA project is only as good as its underlying assets, and transparency is absolutely non-negotiable.
Every update on your bond, rent indexation, new lease, renovation report, anything, is now logged directly on your asset page!
💰 A good yield protocol is nothing without solid reward distribution.
At Lend, interest is distributed weekly, fully on-chain, with every merkle root public before claims open.
Read how it works: https://t.co/v9FN7sNnS7
🤝 RWAs done right
3 months after mainnet, everything is running as expected.
We’ve funded 2 operations with transparent documentation and reached over $ 1M in TVL, with rewards distributed weekly in USDC.
We’ll share details about the next operation in 3 weeks.
🌆 New operation funded!
We just closed a 12.5% fixed-term RWA sale on our platform!
A new operation is currently being prepared and expected to go live in the coming weeks.