LendifyLabLendifyLab
Tokenomics

100% fair launch. Buyback-driven value.

LEND launches with full supply on pump.fun — no vesting, no unlocks, no VC dumps. Protocol revenue funds automated buybacks and real yield for stakers.

Overview

Token at a glance

Token
LEND
Total supply
1,000,000,000
Circulating at launch
100%
Launch
pump.fun
Network
Solana (SPL)
Vesting / Unlocks
None
Reserve factor
15%
Buyback allocation
40% of revenue
Fair launch

Why pump.fun

Maximum fairness, zero insider advantage.

No pre-sale
Zero tokens allocated to VCs or private investors. Everyone buys on the same bonding curve at launch.
No team allocation
Team earns through the 15% dev share of protocol revenue — aligned with long-term success, not token dumps.
Instant liquidity
100% supply tradeable from block 1. No cliff dates, no unlock calendars, no sell pressure surprises.
Revenue model

How the protocol earns

Net interest margin model — same as banking, fully on-chain.

  1. 1
    Borrower pays interest
    e.g. 5.18% APR on USDC borrow
  2. 2
    Lender receives supply APY
    e.g. 3.52% — majority of interest goes to suppliers
  3. 3
    15% Reserve Factor retained
    Protocol revenue = spread between borrow and supply rate
  4. 4
    Revenue split into 4 buckets
    40% buyback & burn · 25% staker yield · 20% insurance · 15% dev
  5. 5
    Buyback executed on-chain
    Smart contract buys LEND from DEX → sends to burn address. Transparent & verifiable.
Revenue allocation

Where protocol fees go

Every dollar of revenue is split into four transparent buckets.

  • Buyback & Burn
    40%

    Protocol buys LEND from open market using earned revenue, then burns. Creates sustained deflationary pressure as TVL grows.

  • Staker Rewards (Real Yield)
    25%

    Distributed in SOL/USDC to LEND stakers. No printed tokens — only real protocol earnings from borrower interest.

  • Insurance Pool
    20%

    On-chain safety reserve for bad debt events. Target: 5% of TVL. Fully transparent, governed by staker vote.

  • Development & Ops
    15%

    Audits, infrastructure, team compensation, marketing. Multi-sig controlled, quarterly reports on-chain.

Buyback engine

How buyback & burn works

Automated buyback
A smart contract accumulates protocol fees in SOL/USDC. When the buffer reaches a threshold (~$10K), it executes a market buy of LEND via Jupiter aggregator and burns the tokens.
Burn transparency
Every burn transaction is logged on-chain. A public dashboard tracks cumulative burns, current burn rate, and projected annual deflation based on TVL.
Dynamic frequency
Buyback frequency scales with protocol revenue. At $10M TVL with 55% utilization, estimated ~2-3 buybacks per week. At $100M TVL, potentially daily.
Utility

What LEND unlocks

Governance
Stake LEND to vote on rate curves, new asset listings, reserve factor changes, and revenue allocation splits. 1 LEND staked = 1 vote.
Real yield
25% of all protocol revenue distributed to stakers in SOL/USDC. No token emissions — only real earnings from borrower interest.
Deflationary asset
40% of revenue permanently removes LEND from circulation. The more the protocol earns, the scarcer LEND becomes.
Projections

Buyback math

Example at different TVL levels
TVL $10M · 55% util · 5% avg borrow APY
Revenue: $41.2K/yr → Buyback: ~$16.5K/yr burned
TVL $50M · 60% util · 5.5% avg borrow APY
Revenue: $247.5K/yr → Buyback: ~$99K/yr burned
TVL $100M · 65% util · 6% avg borrow APY
Revenue: $585K/yr → Buyback: ~$234K/yr burned
Formula
Buyback/yr = TVL × Util% × BorrowAPY × 15% reserve × 40% buyback