We allow people to collateralise their crypto assets to borrow native stablecoins like XSGD, XIDR and NZDS, bridging the crypto world and real world.
Our users can deposit stablecoins in Metalend's lending market and earn 2~4% APY by providing liquidity to the borrowers. No lock-up. No rocket science. No Ponzi.
XSGD is the Digital Singapore Dollar enabling cheap, transparent, decentralised, and frictionless settlement in Digital Assets markets. XSGD can settle transactions instantly 24/7 in a trusted and secure manner without the need for a 3rd party clearing agent. XSGD Tokens are always convertible at a 1:1 rate against their respective ASEAN currencies on StraitsX.
NZDS is a New Zealand Dollar stablecoin backed 1:1 with physical New Zealand Dollars in cash and cash equivalents. New Zealand’s currency is a leader in adaptability, resilience and market trust. NZD is the 10th most traded currency globally on Forex markets. The NZD stablecoin will offer cryptocurrency users the stability and utility of the New Zealand Dollar with the versatility of a cryptocurrency."
Metalend is a decentralized, open-source, lending protocol on Ethereum for individuals, institutions and protocols to access financial services in their local currencies.
