How Lendore Works
Lendore is a decentralized lending protocol on Coreum. Earn yield by lending your assets or borrow against your collateral.
Getting Started
Three simple steps to start using Lendore
Connect Your Wallet
Connect your Coreum-compatible wallet like Keplr, Leap, or Cosmostation to get started.
Login & Create Account
Sign a message to verify your wallet ownership and create your credit account for lending and borrowing.
Start Earning or Borrowing
Lend your assets to earn yield, or deposit collateral to borrow other assets.
Earning with Lendore
How lending works
Deposit & Earn
- Deposit supported assets into Lendore's liquidity pools
- Earn interest from borrowers who use your assets
- Withdraw anytime (subject to available liquidity)
Interest Rates
Interest rates are determined by market supply and demand. Higher utilization means higher rates for lenders.
Current APY range
3% - 12%
Varies by asset and utilization
Borrowing on Lendore
How borrowing works
Collateralized Borrowing
- 1Lend assets to use as collateral (your collateral earns interest too!)
- 2Borrow up to your borrowing limit based on LTV ratios
- 3Repay anytime - interest accrues per block
Health Factor
Your Health Factor measures the safety of your position. Keep it above 1.0 to avoid liquidation.
Key Concepts
LTV (Loan-to-Value)
Maximum percentage of your collateral value you can borrow. Higher LTV = higher risk.
Liquidation
If Health Factor drops below 1.0, your collateral may be sold to repay your debt.
Utilization Rate
Percentage of deposited assets currently borrowed. Affects interest rates.
Credit Account
Your on-chain account that holds your positions and manages collateral.
Variable APY
Interest rates adjust based on supply and demand in real-time.
Oracle Prices
Asset prices from decentralized oracles determine collateral values.
Ready to get started?
Connect your wallet and start earning or borrowing today.