Loan Protocol LOAN
1. Summary
- Description
-
LOAN Protocol is a decentralized lending market built on the Proton blockchain. Utilizing the cross-chain capabilities of Proton wrapped xTokens, LOAN Protocol makes it possible to deposit cryptocurrency into lending pools to earn interest, and to take collateralized loans from cryptocurrency pools. With support for BTC, ETH, USDC, DOGE, XPR, and X...
LOAN Protocol is a decentralized lending market built on the Proton blockchain. Utilizing the cross-chain capabilities of Proton wrapped xTokens, LOAN Protocol makes it possible to deposit cryptocurrency into lending pools to earn interest, and to take collateralized loans from cryptocurrency pools. With support for BTC, ETH, USDC, DOGE, XPR, and XMT, and with zero gas fees on the Proton blockchain, LOAN Protocol ensures DeFi lending remains accessible and affordable.
LOAN Protocol opens up a new possibility for borrowing and lending against multiple blockchains that were not previously accessible on Ethereum or other blockchain protocols. By using a system of smart contracts powered by the Proton blockchain, users can request and fulfill loans using cryptocurrency without the need for a central mediator and without regard for the parent blockchain protocol of the requested asset.
Roadmap
The LOAN token is used to vote on governance decisions for the LOAN Protocol, such as which tokens can be collateralized on the protocol to borrow and lend, as well as the interest rate curves for borrowing.
| Price | |
| 52W High price | $0.000114922300 |
| 52W High date | 15th Mar 2024 (11 months ago) |
| All Time High (ATH) Date | 18th Mar 2022 (2 years ago) |
| ATH Price | $0.001096570000 |
| % From ATH | -94.24% |
| All Time Low (ATL) Date | 3rd Sep 2023 (1 year ago) |
| ATL Price | $0.000004110000 |
| % From ATL | 1438.61% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $159,151.00 |
| Total Supply | 73.65B |
LOAN
How does Loan Protocol's (LOAN) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
5.4%
LOAN
-13.8%
Similar Market Cap
60 Day Return
20.9%
LOAN
-15.9%
Similar Market Cap
1 Year Return
85.2%
LOAN
-20.3%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 181 |
|---|---|
| Active Reddit Users (past 24h) | 1 |
| Discord users | 4,112 |
| Active Discord Users | 664 |
| Telegram Users | 1,296 |
| Twitter followers | 4,674 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://protonloan.com/ |
|---|---|
| Explorer | https://www.protonscan.io/tokens/LOAN-proton-loan.... |
| @ProtonLoan | |
| /r/ProtonLoan |
Has Loan Protocol been audited for security?
No security audits found for this project.
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