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What is Lendroid?

Lendroid is a non-exploitative, open-source protocol tailored for decentralized margin trading with ERC20 tokens on the Ethereum blockchain. By utilizing smart contracts, it removes the necessity for third-party custodians, thus reducing the risks linked to hacks in custodial lending and margin trading. This system provides a cohesive protocol alongside a shared liquidity pool, facilitating margin trading on various decentralized and centralized exchanges. Users can choose from diverse business models, including risk-free lending, managing 'Harbour' or 'High Water' liquidity pools, or charging fees for underwriting loans. The entire ecosystem, including its user interface, is open source, which allows for the easy creation of customized decentralized applications (dApps) for lending. Developers are supported by thoroughly audited smart contracts that ensure both security and reliability, while users benefit from an unparalleled level of transparency and a sustainable methodology for risk distribution. This pioneering framework significantly improves the user experience and encourages individuals to participate in margin trading with assurance, thereby contributing to a more dynamic trading environment. Additionally, the flexibility within the protocol enables ongoing innovation and adaptation to the evolving needs of traders in the cryptocurrency landscape.

What is Gogoswap?

We are thrilled to announce that the decentralized exchange (DEX) version of Bgogo is now operational. The new decentralized platform can be accessed at https://gogoswap.finance. Gogoswap maintains the same trading features while significantly improving the user experience to be safer, quicker, and more user-friendly. Over the coming three months, we will oversee a transition phase where Bgogo will completely evolve from a centralized exchange into a decentralized one, in line with the broader industry trend towards decentralization. During this period, both Bgogo and Gogoswap will run concurrently, allowing users to get accustomed to the new trading environment. Users are strongly encouraged to withdraw their assets from the centralized exchange at Bgogo.com before it stops trading on August 31, 2021, and to connect with Gogoswap to take advantage of the innovative features that the decentralized exchange offers. This transition is not only a significant milestone for us but also highlights our dedication to enhancing the trading experience for our users. We believe that this shift will empower our community and foster a more engaged trading ecosystem.

Media

Media

Integrations Supported

Integrations Supported

Base App
MetaMask
WalletConnect

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Not specified

Company Facts

Organization Name

Lendroid

Date Founded

2017

Company Location

Singapore

Company Website

lendroid.com

Company Facts

Organization Name

Gogoswap

Company Website

gogoswap.finance

Categories and Features

Categories and Features

Popular Alternatives

Popular Alternatives

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