Stellar Community Fund

By Slender

Slender Lending protocol

SCF #21

$97.5K

Legacy v5.0 Community Award

Awarded

https://communityfund.stellar.org/project/rechPDTM2bbJyp2Mo

Products & Services

Slender is a permissionless money-market protocol that allows users to lend and borrow their crypto assets. Slender's main goal is to convert centralized financial services to their decentralized equivalents. In a normal lending scenario, the banks lend your funds and earn interest. Even though they are lending out your money, you never gain access to these profitable interest earnings. With Slender, anyone can lend out their crypto in a trustless and permissionless manner to other users. Slender provides real world use-cases:

1. Bank the unbanked: with the help of the Stellar ecosystem and its partners, we can revolutionize the money experience for wide communities, countries, and even regions. Users will enjoy seamless decentralized savings accounts where they provide funding for companies and businesses in return for interest through Slender pooled lending.

2. Real world meets the blockchain: Slender will support RWAs as collateral, where tokenized real-world assets may be used as collateral for borrowing stablecoin (off-ramped to fiat) liquidity.