LendeXe is a Web3 ecosystem with several innovative DeFi applications. The past has shown that many Stablecoins are not really stable. This was mainly due to the fact that various Stablecoins were backed by volatile tokens. At the center of LendeXe’s vision is the XSD Stablecoin. XSD is a secure Stablecoin because it is backed by three of the other largest Stablecoins: USDT, USDC, BUSD. XSD also features built-in safety mechanics to help prevent issues if USDT, USDC, or BUSD, go offpeg. XSD’s Stabilizer will have at least 10 stablecoins in total by the end of 2023 Q4 in order to be able to scale to the maximum in favor of the XSD users.
That’s why LendeXe offers users several ways to mint XSD Stablecoins. In addition, XSD can be used as collateral for the LendeXe Decentralized Lending Protocol and also in the Ultimate Loan (a loan for 1.5x the value of your collateral), and the upcoming Interest Free loan (IFL).
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
