Lodestar: Borrow, lend, and govern on Arbitrum with LODE.
Lodestar Finance enables lending, borrowing, and leveraged trading on Arbitrum. LODE governs the platform.
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What is Lodestar (LODE)?
Lodestar Finance is a decentralized borrowing and lending protocol on Arbitrum. It allows users to earn interest by supplying assets like MAGIC, DPX, and plvGLP, and to borrow crypto assets by using their deposits as collateral. This enables access to liquidity without taxable events, leveraged trading, and unlocking the liquidity of yield-bearing assets like plvGLP without losing yield. LODE is the governance token, allowing holders to vote on platform proposals, emission direction, new pools/products, and community fund/treasury management.
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Lodestar price live information
As of now, Lodestar is trading at 0.007176 USD, with a 24-hour trading volume of approximately 0 USD. The LODE to USD price is updated in real time. Over the past 24 hours, Lodestar has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 93.45K USD. Currently, there are 13 021 987 LODE in circulation out of a maximum supply of 20 000 000 LODE.
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