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 oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compiance, and pirvacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
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.
