Overview & Legal
$8LENDS is the native utility token that powers economic activity across the 8lends ecosystem. Although minted off-chain, once you claim your rewards, $8lends can freely move onto Ethereum—and be bridged to other major networks—where it trades as a fully interchangeable asset.
Legal Notice: $8LENDS is designed purely for utility within the platform and must not be treated or marketed as an investment instrument.
Token Issuance & Incentive Programs
New $8LENDS enter circulation through various mechanisms aligned to platform growth and user engagement:
Vesting: Time-based unlocks for marketing, market-making and team allocations (see Vesting).
P_mint: the on-chain contract that mints and prices tokens via a bonding curve (see P_mint).
Proof of Loan (PoL): Cashback rewards for users who supply liquidity to lending pools (see P_mint).
Early Adopter Bonus: Extra cashback for funding a stage before its closing date. (see Early Adopter Bonus).
Proof of Reputation: Rewards to projects for completing KYB/DD and repaying loans on time (see Proof of Reputation).
Low-Priority Compensation: Additional $8lends for users who choose the riskiest subordination tier (see Priority)
Affiliate Rewards: Bounties for referring active users/projects (see Affiliates Rewards)
Task Rewards: and completing platform tasks (see Tasks).
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