LCT
The first Liquid Credit Tokens (LCT)
Last updated
The first Liquid Credit Tokens (LCT)
Last updated
Following the success of the CryptoPunks/wstETH tokenized pool, we have converted all pools into LCT or tokenized pools:
🚀 Deposit any ERC-20 into Orion AI and mint a new liquid credit token (LCT) tradable in secondary markets. Burn your LCT to redeem your underlying deposit (after redemption period) or trade back to the deposit ERC-20 on the secondary market.
The Borrow experience is identical to the standard Borrow experience
When in Borrow, make sure the currency selected is WSTETH to see all available liquidity for the wstETH Pool
Follow the standard Borrow transaction flow
Navigate to https://app.orionai.com/earn
Choose a pool based on your risk and return preferences
Enter in a Deposit Amount and follow the transaction flow
Use the copy function at the top right to copy the contract address to add it to your wallet