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Guavy AI Editorial Team••Sentiment: 4•Clout: 85

LendProtocol Offers Fixed 12% APR for XRP and RLUSD Holders

XRPLUSD

LendProtocol is a CeFi lending platform built on the XRP Ledger that allows users to earn a fixed 12% APR with daily interest payouts. Unlike variable-rate DeFi protocols, LendProtocol offers a predictable return with no lock-up periods and no exposure to lending risk for depositors.

The platform connects depositors with overcollateralized borrowers, who post 120% collateral to access XRP or RLUSD liquidity. If a borrower defaults, the platform absorbs the loss, not the lender.

LendProtocol fills a gap in the market by providing a fixed-rate, collateral-backed lending product for XRP holders, who cannot stake their coins due to the XRP Ledger's Federated Byzantine Agreement (fBFT) consensus mechanism.