Introduction
Forlend: A better way to borrow assets, earn interest, and build lending apps. The decentralized money market protocol for a self-sovereign future.
What is Forlend？
Forlend is the first decentralized private lending and borrowing protocol and is built to transform DeFi lending from serving a small segment of users to mass (institutional) adoption and give all borrowers/lenders sovereignty over their transaction data.
Forlend is a decentralized protocol that enables supplying of crypto assets as collateral in order to borrow other crypto assets and earn interest using an over-collateralized model (currently supporting FRA tokens and a few stablecoins). Forlend also lets users stake LP tokens to earn FLD rewards from its FLD mining initiatives.
First launched on Findora’s privacy-preserving blockchain, forlend enables its users' transactional privacy, creating a true market that empowers institutional investors, small-medium enterprises as well as individuals. Forlend is later fully deployed on Thundercore, a high-throughput, EVM-compatible chain with over 400,000 active monthly users.
Please join the Forlend community through the following links. Your questions help us improve, so please don’t hesitate to ask us questions or give us feedback.
Forlend’s Mission
Forlend envisions a new epoch of finance where users control their own data, identity and financial assets. Forlend's ultimate goal is to bring decentralized, permissionless finance to the world without sacrificing privacy.
Since decentralized financial applications are currently built on open ledgers, transaction data is publicly accessible on-chain by all. This limits potential growth because traders and institutions cannot risk exposing their strategies, divulging client data, or revealing sensitive partner information. However, Forlend is first built on Findora, a privacy-preserving blockchain with a protected ledger. Thus, Forlend gives retail and institutional investors a safe and private environment for financial services while still being able to satisfy regulatory requirements and audits.
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