Intro
Eightlends Key Features
8lends is a pioneering decentralized crowdlending platform, designed to bridge the P2P lending market to Web3, enhancing capital access and promoting financial inclusion. And, presenting a new type of investment tools.
Key Features:
Web3 Crowdlending: 8lends aims to move 2% of the European crowdlending market on-chain, leveraging the 8LENDS modular system for issuing, using, and burning tokens.
Innovative Tokenomics: Tokenomics balance token demand and supply through a modular issue system, including Basic emission, Smart emission, and (on)Demand emission mechanisms. This ensures a stable, fair, and transparent token ecosystem.
Lending Pool: A specialized protocol for secure investments, where companies can obtain loans after rigorous credit checks. Investors receive LP tokens, representing their investment and potential returns.
Insurance Protocol: Protects investors by covering risks of non-repayment with a mix of 8LENDS and USDC tokens.
Treasury Management:
Token Allocation and Removal: The Treasury allocates tokens to key areas such as investment protection, sales, and burning, ensuring tokens are only issued when requested by the Lending Pool or SC Sale.
Smart Burning Contract: Unclaimed tokens are forwarded to the Smart Burning Contract, where they are burned quarterly or redirected to the Loyalty Program.
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