LOAN Protocol
@LOAN_Protocol
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The core technology behind @MetalXApp Lending. Empowering Lenders and Borrowers on the @XPRNetwork since 2022.
XPR Network
Joined May 2023
Borrowers can also offset the interest paid thanks to the $LOAN rewards. You can see currently borrowers on the Litecoin market are currently paying 14.81% interest, but they are earning 26.37% LOAN token, resulting in an earn rate of approx. 11.55% APY. APY is based on demand.
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Hold your mouse pointer over the 'EARN' percentage to see the breakdown of base asset interest vs $LOAN token rewards. See all markets:
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Curious how lending rewards work?. Lenders earn a portion of interest in the base asset based on the demand from borrowers, then depending on the market lenders may also earn $LOAN token. Example: Litecoin $LTC is currently paying lenders ~ 18.23% (7.34% LTC + 10.88% LOAN).
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RT @MarshallHayner: Imagine the best crypto experience possible. A scenario where you yield passively, trade for low to zero fees, earn sta….
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RT @MetallicusTDBN: This Thursday @MarshallHayner on @TradeTalks with @JillMalandrino 1PM ET. We have been busy building, it's time for an….
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RT @MetalBlockchain: With the passage of the Genius Act, crypto now has to make a choice. Will we use blockchain technology to censor, moni….
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RT @MetalXApp: You can now start earning $LOAN rewards when you Lend or Borrow Ripple XRP or Litecoin LTC!. View the markets and current AP….
lending.metalx.com
Metal X has a decentralized lending market built on the XPR Network that utilizes the cross-chain capabilities of Metallicus wrapped xTokens.
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We are happy to announce that $LOAN rewards are now live on the XRP and LTC lending and borrow markets!. Try it for yourself over on @metalxapp lending.
Congratulations to the LOAN Protocol community, the proposal to add $LOAN rewards to the XLTC and XXRP markets has passed ✅. We will announce when the rewards go live on @MetalXApp - stay tuned.
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RT @MetalXApp: One of the most powerful use cases of decentralized lending is leveraging borrowed funds to take long or short positions on….
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Congratulations to the LOAN Protocol community, the proposal to add $LOAN rewards to the XLTC and XXRP markets has passed ✅. We will announce when the rewards go live on @MetalXApp - stay tuned.
In approximately one week, the proposal to Expand $LOAN Rewards to XLTC and XXRP markets will end. The proposal has already met quorum with more than 93% votes in favor of expanding the rewards to these markets. This is your last chance to get your votes in:
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RT @MarshallHayner: To my knowledge @webauthwallet by @MetallicusTDBN is the only way to self custody assets while proving ownership to the….
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What is LOAN Protocol?. Start Here
xprnetwork.org
LOAN Protocol is a decentralized lending protocol built on the XPR Network that utilizes the cross-chain capabilities of Metallicus wrapped xTokens.
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In approximately one week, the proposal to Expand $LOAN Rewards to XLTC and XXRP markets will end. The proposal has already met quorum with more than 93% votes in favor of expanding the rewards to these markets. This is your last chance to get your votes in:
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RT @paulgrey: Introducing Metal X Lending powered by the @LOAN_Protocol . FULLY onchain lending protocol, rates determined by demand, earn….
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Should we expand $LOAN rewards to $LTC and $XRP lending markets?. Vote on the proposal and make your voice heard. As a $LOAN holder, you decide. VOTE:
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RT @MetalXApp: @LOAN_Protocol @XPRNetwork Lending Markets on @MetalXApp are proudly powered by the @LOAN_Protocol 🫡. See all markets 💹 http….
lending.metalx.com
Metal X has a decentralized lending market built on the XPR Network that utilizes the cross-chain capabilities of Metallicus wrapped xTokens.
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Over $300M has been lent using the $LOAN Protocol 🥳. The most lent assets include:.⚛️ USDC – $107M+.⚛️ XPR & BTC – $60M+ each.⚛️ ETH, DOGE, XRP – $10-$20M+ each. @LOAN_Protocol – powering DeFi lending on @XPRNetwork
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