LONDON, UK / ACCESSWIRE / January 27, 2023 / LATOKEN, a leading global digital assets exchange, is excited to announce the upcoming initial exchange offering (IEO) of the LendeXe ($LEXE) project on its platform. LendeXe Inc, a leading crypto startup, aims to bridge the gap between the DeFi and TradFi worlds by driving the adoption of stablecoins within the DeFi ecosystem. The LendeXe Protocol will launch its IEO on the popular cryptocurrency exchange platform, LATOKEN.

The LendeXe Protocol is built around the XSD-Stablecoin, a fully on-chain decentralized Collateralized Debt Position (CDP), hard-pegged to the US Dollar. The XSD-Stablecoin is designed to be as secure as centralised stablecoins while remaining independent like decentralised constructs. The key strengths of LendeXe are decentralization, safety, dynamic and organic scalability, which means that the XSD cannot be artificially inflated and can only grow "naturally". This healthy strategy leads to maximum stability.

A spokesperson for the team said, "When it comes to stablecoins, LendeXe has found a solution to the biggest problem the industry has ever faced. In the past, there were many depegged algo or CDP stablecoins, so LendeXe decided to create its own "Stablecoin Market Place with Automated Algorithms" to peg its own $XSD stablecoin with other stablecoins. This way the stabilizer can always ensure that the funds will not be lost if any stablecoin project inside the stablecoin pool cannot deliver on its promises by holding the stablecoin stable."

Since the XSD-stablecoin by LendeXe is supported by the three largest stablecoins (USDT, USDC and BUSD), it could be the safest stablecoin on the market. Even if one of the stablecoins collapsed due to any unforeseen circumstances, there are safety mechanics designed for such unlikely cases for LendeXe. Additionally, LendeXe offers multiple options to create XSD stablecoins to help preserve the value of one's assets during a market downturn.

The LendeXe Decentralized lending protocol (aka LendeXe P2P Lending) accepts XSD as collateral. This is a decentralized algorithmic cryptocurrency market, designed to provide Lending and Borrowing opportunities based on the time value of cryptocurrencies by using a pool-based strategy. This allows depositors to lock their assets and borrow new ones to have additional positions with their borrowed funds, allowing them to invest in other assets while still holding their original ones.

For more details, please visit https://www.lendexe.fi

Furthermore, LendeXe has created a variety of products that allow investors to secure their crypto assets or generate passive income with them, such as the Ultimate Loan (a loan for 1.5x the value of your collateral) and the Interest-Free Loan, which were created to give more utility for BTC, BNB & ETH to mint stablecoin. All products and features will be linked to LEXE, the native token of LendeXe and the heart of its infrastructure.

LATOKEN is committed to providing its users with access to the latest and most innovative projects in the digital assets space, and LendeXe is a perfect example of this as, LendeXe is a game-changer in the world of DeFi and the upcoming IEO is an opportunity for investors to be a part of this revolutionary project. The XSD Stablecoin, price stability mechanisms, and the Ultimate Loan feature are sure to disrupt the DeFi space and provide users with a seamless and efficient way to access loans and stablecoins.

For further details about LENDEXE IEO, visit the official website of LATOKEN at https://latoken.com/ and follow us on our social media platforms.

About LATOKEN:

• Ranked #2 worldwide in the startup tokens primary market with 300+ IEOs since 2017.
• Has over 3.1 million registered users, and over 1 million Android app installations.
• Is in the TOP 10 of CoinGecko rank by the number of token pairs and coins listed.
• Forbes' Top-30 Remote Employer.
• VCTV, a live-streaming panel with high-profile industry leaders, produced over 500 shows to advise traders and investors on how to navigate the crypto world with discussions, news updates, and interviews.

For inquiries contact:

Mohd Salman, SMM Manager
E-mail: ir@latoken.com

SOURCE: LATOKEN