Lien
DeFi Protocol
Status
Not set
Live
Live
Chains
Ethereum
Category
Payments
Category
Channel Partner
Partner Type
No items found.
Integrations
Data Feeds
Product Type
Data Feeds
Industry
No items found.
Payments
Year
2020
Collaboration
Social
Integrations
Channel Partnership Details
May 21, 2020
Lien to Integrate with Chainlink and Use Its ETH/USD DeFi Oracle
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About
Lien

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Lien is a self-regulating protocol that allows for issuing stable coins and leveraged tokens in a whole new way. You can use the protocol to create your own unique derivative contracts and take advantage of the price development of ETH in an efficient manner. The protocol will also help you hedge against the risks associated with the price volatility in ETH by providing a way to issue stable coins backed by a basket of highly stable derivative tokens.

The protocol is designed to work without a governance mechanism, eliminating various complications that result from human intervention and allowing for greater efficiency with which to manage your crypto assets within the protocol. The Lien project was launched by a group of anonymous developers who are passionate believers of the future that cryptocurrency brings.

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