LOANtoken is a Stellar-issued digital asset that enables participants to access the features of the LendLedger network.
The LendLedger LOANtoken (LOAN) is the exclusive way for network participants to access the features of the LendLedger network.
LOAN serves multiple purposes:
Ability to access the network, make loans, and pay for services related to lending
For Data Providers
Opportunity to discover ways to monetize and share data
Permission to see and apply for loans
For Credit Nodes
Ability to stake LOAN in order to issue LedgerCredit (the means of transactions between all participants on the network
LOAN is a Stellar-issued digital asset that relies on the Stellar Consensus Protocol. It easily integrates into an existing decentralized infrastructure, including digital wallets and the built-in Stellar exchange.
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