📊Tokenomics

Welcome to the $LEND tokenomics section 👋

Some of our core values are transparency & simplicity. Use this section to quickly find the raw stats of the $LEND tokenomics.

SUMMARY

TOKEN SYMBOL

LEND

TOKEN TYPE

ERC20

TOTAL SUPPLY

1,000,000,000

INITIAL MARKETCAP

TBA

🧠 Core Tokenomic Design Principles

  1. No tradable token at launch – avoiding premature speculation, aligning community with protocol success.

  2. Points-based testnet-to-mainnet progression – rewarding users based on real usage/testing contributions.

  3. Non-tradable token = revenue share – sustainable value capture tied directly to protocol growth.

  4. 50% protocol revenue shared pro-rata to token holders – encouraging long-term participation.


🛠️ Emissions & Distribution Logic

Community Allocation (45%)

  • Testnet Campaign: Users earn Points for testing supply, borrow, repay, liquidation, oracle reporting, etc.

    • Weight each activity by impact (e.g., supplying > withdrawing).

    • Points convert to non-tradable tokens

  • Mainnet Activity: Points continue to accrue via actual lending activity.

    • Points → non-tradable tokens on a weekly/monthly basis.

    • Designed to keep incentivizing usage but with diminishing marginal returns over time.

    • Use a "boost" system to favor early or longer-term users (e.g., vePoint-style model).


⛲ Additional Value Adds:

  • Locking Bonus (veLEND model): Users can lock LEND tokens for 3, 6, or 12 months to earn boosted revenue share or multiplier on Points.

  • Referral Boost: Earn extra Points or token allocation for onboarding active lenders/borrowers.

  • Staking Derivative (future): Wrap non-tradable tokens into a tradable staking receipt (like aToken), if demand builds.


🏆 Why This Is Best-In-Class

  • Earned, not bought: Like Radiant, Sonne, and Mars, users earn tokens through real protocol usage—not just speculation or farming.

  • Revenue-tied utility: Like Aave’s upcoming buyback model, LEND ties token value directly to protocol revenue.

  • Vesting discipline: Long cliffs and linear vesting across the board = aligned long-term contributors.

  • DAO-first design: With 10% treasury allocation and governance rights, community steers growth.


Last updated