Whitepaper First Issue: September 17, 2017 Last Revision Date: February 22, 2018

Transcription

1 Whitepaper First Issue: September 17, 2017 Last Revision Date: February 22, 2018 Token Distribution Explained & Proposed Blockchain ProjectConcept whitepaper

2 What is Lendera.io Lendera.io is a website with a user interface created to host the Token Distribution of Lendera Digital Asset and collect contribution to support it self to develop it s decentralized blockchain which is the network of the LEC Digital Asset. Digital Assets are at the forefront of the global digital financial revolution. We are now entering the era of a decentralized global economy, powered by digital assets. Purchasing and trading digital assets currently provide the highest economic opportunity known to humanity. To those of you with open minds, welcome to the Crypto Digital Assets REVOLUTION! The proposed Lendera Blockchain Project (LEC) is powered by self-maintaining blockchain technology, which allows peer-to-peer transactions. New Digital assets are mined via a DPoS (Delegated Proof of Stake) method. Obtaining the native Lendera token (LEC) offers contributors several methods of generating rewards, which are discussed in more detail later: Leasing Program* Genesis Hosted Staking* During the Token Distribution, LEC tokens will be offered in 7 rounds (including One Pre-Distribution round, one mini round, and five standard rounds). The LEC tokens will range

3 in an exchange rate from 0.85 to 1.05 (in USDT), which will likely provide a tremendous future (Return on Contribution) in a short period. Is Lendera Leasing sustainable? Yes, in several ways. USDT to LEC exchange ratio variation. Consistent growth of the Lendera market cap Steady increase in trading volume Low inflation ratio of the LEC token value over time In the future, contributors will be able to keep tabs on LEC market cap, trading volume, and token value by searching LEC at CoinMarketCap.com. What makes a Digital Assets such as Lendera valuable? Lendera tokens are required as a unit of exchange to participate in the Leasing and Hosted staking programs on the Lendera blockchain and ecosystem. These solutions that the Lendera ecosystem offers are in high demand by contributors. The value of LEC token is determined by a free market internal exchange, where contributors bid on

4 the LEC tokens to participate in the high yield Lendera contribution services. The scarcity of LEC tokens and the internal exchange free market work together to steadily increase the value of LEC (Lendera) tokens over time. What makes Lendera unique? The first thing that makes Lendera different is the token category. Lendera a Digital Asset which is supported by a unique ecosystem.

5 That puts Lendera in the top 7% of the nearly 1,400 tokens currently available for a potential rate of return. The second factor is scarcity. Bitcoin has a current supply of approximately 16.7 million tokens, making it more worthy than gold. In fact, there are more millionaires worldwide than there are Bitcoins in circulation. By comparison, Lendera tokens are twice as scarce, with only 8 million current supply versus the 16.7 million amount of Bitcoin. Last, but not least, Leasing and staking activities by our contributors pull massive amounts of LEC tokens off the free market. These further increases the demand for LEC token, creating the perfect combination to fuel your LEC rocket ship and head straight for the moon! How does LEC work? LEC For Dummies Many traditional and beginning contributors are uncomfortable with the new age of digital assets (e.g., Cryptocurrencies). However, a TSYS 2016 payment study shows that an average of only 11.7% of consumers of all

6 ages uses physical cash in payment transactions. The vast majority of transactions are via credit and debit cards. Like Cryptocurrencies, these transactions are digital and not a physical exchange. When you utilize your credit card in a store, the merchant uses a credit card machine to facilitate a transaction between you and your bank, to retrieve the funds. A credit card merchant acts as an intermediary to facilitate this transaction and charges the merchant a fee. The blockchain, however, is decentralized. The miners on the network can facilitate a transaction from one sender to another, using the miners' hashing power. Since the miners fulfill transaction requests by sending digital assets across the network, no single entity is in control of the network. Unlike credit card transactions, all LEC token transactions are visible on the public ledger system, known as the blockchain. The blockchain provides transparency because anyone can verify these transactions. For example, just look up any Bitcoin transaction at Blockchain.info. This public ledger system s (blockchain s) ability to verify transactions is accomplished without the need of a third party or a central banking authority. Your digital assets can be stored in various ways, always controlled by you. They

7 can be stored in a digital wallet, stored on your computer, or run in an application file online. One can even use what is known as a "paper wallet" and merely store that in your safe. You have total control of your tokens at all times, once you take the simple act of transferring them to your wallet. The easiest way to send LEC digital asset within a matter of seconds is by using an online wallet. This online wallet allows contributors to quickly send tokens via a connected mobile device, computer or tablet. What determines the current value of LEC token? The total supply of LEC The projected current value of the LEC token will be that of the final stage of the Token Distribution. We estimate this minimum exchange rate will quickly rise once it hits the internal exchange, and wouldn t be surprised if the LEC token begins trading at 4 to 5 USDT soon after its arrival on the internal exchange. The Proposed Blockchain Project has no limited supply, but the maximum inflation will be 5% per year of the total LEC digital assets. Token Distribution will offer 6,260,000. Therefore, this amount plus the developers share, will be pre-mined when we release the proposed LEC blockchain to replace it with the tokens distributed during Token Distribution.

8 Scarce supply will boost the LEC token value. The Lendera ecosystem is designed to ensure the steady rise of LEC s token value. New digital assets are released gradually to maintain a scarce supply, as determined by increased demand. Thus, the scarcity of the digital assets remains intact. As mentioned above, these factors, combined with Lendera s Leasing and staking services, will build the market and increase the LEC value over time. Additionally, scarce supply and contributor competition within our internal exchange to own and trade LEC tokens will fire up that rocket ship to the moon! Our social media campaigns and 100 member marketing team will strive to gain interests from and attract new contributors. Description of Token Distribution Tokens will be distributed during the Token Distribution. Tokens purchased during the Token Distribution will be issued to contributors via the ethereum Ecosystem and may be distributed or withdrawn after the Token Distribution ends.

9 Objective of the Lendera Token Distribution Lendera s Token Distribution objectives are to collect contribution to sustain the development of the Lendera ecosystem and to maximize the offerings of our services. The execution of our whitepaper will make the Lendera token the premier ecosystem coin, attracting an abundance of new contributors and ensuring Token Distribution contributors will see incredible rewards. Lendera believes that our Token Distribution contributors will realize an incredible rewards on their contribution in a short period. A conservative projection would be 5x-7x ROI on an average Token Distribution contribution.

10 Token Distribution Rounds: A total of 7 rounds will be held. The Pre-Distribution Round will be an exclusive round for authorized Lendera promotional teams, as part of our appreciation for their efforts.

11 The Mini Round will be designed exclusively for contributors with limited budgets, to ensure they can participate effectively. Each of the remaining 5 rounds during the main Token Distribution will run continuously. Which means that the token distribution will automatically move from one round to the next, as per the following details: Each successive round will show a slight increase in token exchange rate. In the future the token rate will match current values as it will be listed on CoinMarketCap.com: Rounds Token Rewards Distribution (# Tokens) Pre- Distribution 0.85 USDT 160,000 Mini Round 1.05 USDT 100,000 Round USDT 800,000 Round USDT 1,000,000 Round USDT 1,200,000 Round USDT 1,400,000 Round USDT 1,600,000

12 Clarity on the Lendera Token What are the differences between tokens and coins? Proposed Blockchain Project Specification: Just to make everything clear for users who are not familiar with tokenized Distribution: during the Token Distribution period we are releasing Tokens, not own blockchain. Due to security risks, We are going to release our open source Proposed Blockchain Projectat a later time, as detailed in the Roadmap. Our goal is to transition from a Token to a Coin DPoS algorithm and expand our eco-system. The most critical single distinction between Tokens and Coins is that Tokens cannot be mined via mining. Therefore, tokens are typically unminable while a coin could be generated by different algorithms such as Staking/ Mining and some other algorithms, and we also have DPoS which is much more energy efficient than PoS & PoW. Tokens are also dependent on riding on the parental blockchain. Some examples of Tokens are Ethereum Tokens (ERC-20), which we are implementing in our Token Distribution, while coins are riding their own blockchain. Coin Name Lendera Abbreviation LEC Decimals 8 Algorithm Delegated Proof of Stake Premined Digital Assets 8,000,000

13 Max Supply Inflation Pre-Coin Initial Token Type Unlimited 5% per year. ERC-20 Token Smart Contract Address: 0x903ea33949ab7563c5058d08e3fd9329b80b2ff2 Why Unlimited? Making a digital asset supply unlimited with a fixed inflation ratio is good to guarantee 0 transaction fees and make sure it remain scalable overtime. Why DPoS: Our initial plan was to go with the mainstream which was Hybrid coin Pow/PoS Algorithm, but why accept to stay good when you find a way to be the best? Because we were lucky to witness what happened to other similar ecosystems before releasing our own blockchain and realized that we could avoid that. We found that trusting centralized ecosystems can quickly vanish when a tiny little FUD starts to spread around it,

14 which is why we shifted to DPoS as an insurance policy, that if for any reason, one day we have reached that point our ecosystem will be changed to a decentralized ecosystem And by using DPoS algorithm, we will be able to do that. Example of Decentralized Ecosystem: ByteBall, Steem & WAVES All of the mentioned ecosystems are using DPoS algorithm. Post Token Distribution & Leasing How does Lendera Generate Rewards through leasing? Arbitrage The most exciting contribution option that the LEC token provides is the ability to Lease it on the Lendera Ecosystem. Leasing LEC tokens will allow contributors to take advantage of many key points, which would enable us to pay back such high Leasing Fees. While we could have just said that it's a volatility bot that generates the rewards, but we respect your mind and we all know that a bot is not sufficient enough to create such vast amounts of returns. Another thing to consider, a trading bot does not win all the trades. That is why we are introducing our methods of generating rewards, as seen below: The Digital Assets market is unique, and the decentralized distribution of contributors has created a demand for multiple online digital assets exchanges. In our experience,

15 most exchanges are trading about 50% similar digital currencies. Due to the decentralized nature of these exchanges, rates for digital assets pairs vary among the exchanges. We can take advantage of these variances by buying through one exchange and selling through another, resulting in significant rewards on each trade. Positive Manipulation (Rate Pump) Exchange Rate Appreciation Leasing Contribution Leasing Rewards Capital Return We are the whale of our coin, and it s in our best interest to maintain its long-term growth. Because of this, we will reserve 50% of the contributions collected during the Token Distribution to support our coin when it goes down, and slowly exchange it back. The key of generating rewards for our Ecosystem is the exchange rate appreciation. The more digital assets that go into Leasing, the higher the value of the coin. Thus, we aim to attract contributors to take advantage of our continuous and enticing Leasing offers. The calculated daily Fees payments are based on the Coin worth of USDT Leased to the ecosystem. Contributors initial capital contribution (Lease) will be released after the contracted time has expired, Please refer to the following table:

16 Leasing Contribution Leasing a total Coin worth of: 100 to 1,000 USDT Leasing a total Coin worth of: 1,001 to 5,000 USDT Leasing a total Coin worth of: 5,001-10,000 USDT Leasing a total Coin worth of: 10,001 USDT and higher > Optional (Postpaid ) Leasing total Coin worth of: 20,000 USDT and higher Leasing Fees (Daily) Leasing Ends 1% 260 days 1.1% 220 days 1.2% 180 days 1.3% 135 days 3.3% 180 days Leasing contracts are subject to termination by either party, with 90 days prior notification. To Lease your LEC to Lendera's ecosystem post- Token Distribution, a contributor must buy the Lendera tokens from our local exchange. We offer BTC/LEC, and ETH/LEC trading pairs. Once a contributor has purchased a balance of LEC tokens, a Leasing contract is created merely by clicking the "Leasing" tab.

17 Genesis Hosted Staking You can also stake your LEC in our ecosystem and earn rewards: Lock Monthly Maturity Amount of Staking in Rewards Period Period 100,000 LEC and 365 5% 30 days higher Days 10,000 up to 99,999 N/A 4% 30 days LEC 1,000 up to 9,999 LEC 3.5% 35 days N/A 100 up to 999 LEC 3% 40 days N/A 1 up to 99 LEC 2.5% 45 days N/A The First term s contract can be terminated only by the contributor, with a 90 day s notice. Achieving a Minimum Goal of 451 USDT for LEC: We are going to start the controlled Leasing appreciation on April 1 st, The minimum value set for each token will

18 be 2.00 USDT. If the market exchange rate is 2.00 USDT or more, then we will use market exchange rate. Further, each day we will increase the value of each token by 1.5% daily compounded appreciation, for a total of 365 days. Please review the chart below for better understanding: Exchange: We are going to launch our Internal exchange on a set Date (please refer to the roadmap). The exchange will enable contributors to buy, sell or trade LEC Digital assets.

19 AirDrop: Contributors are entitled to take advantage of this internal exchange to attempt to "buy low and sell high." Lendera's internal exchange accepts both Bitcoin and Ethereum deposits. We plan to execute an AirDrop a few months after the Token Distribution ends. The AirDrop will provide 100 Lendera Cash (100 USDT worth of LEC) for each LEC token Leased to our ecosystem for more than 45 days. The Lendera Cash is a different Digital Asset, and it is centralized with us. That means we ve pegged the values of USDT & LEC together, as follows: We guarantee a Leasing value of 1.00 USDT for each Lendera Cash token that is leased to our ecosystem. We have also added a function within the AirDrop to our user interface that will let users exchange their Lendera Cash instantly with 1 USDT worth of Lendera Coin (LEC). Marketing & Bonuses: To reward those contributors who assist in the promotion & marketing of the Lendera ecosystem and blockchain, Lendera would like to offer a very generous referral

20 commission system. One of the best ways to maximize rewards is via referral commissions. We offer three types of referral programs: 1. Token Distribution Contribution & Leasing Referral Bonus. 2. Postpaid Leasing Referral Bonus. 3. Compounded Leasing Referral Bonus. Token Distribution Contribution & Leasing Referral Level Bonus Bonus Level 1 5% Level 2 3% Level 3 2% Level 4 0.5% Postpaid Leasing Referral Bonus Level Bonus Level 1 4% Level 2 2% Level 3 1% Level 4 0.5% Compounded Leasing Referral Bonus Level Bonus Level 1 2% Level 2 0.5%