LendX - Decentralized Cross-Chain Lending Platform

LendX is a decentralized, cross-chain lending platform built on the Sui blockchain ecosystem that enables users to access stablecoins without selling their crypto holdings. The platform preserves long-term asset positions, avoids triggering taxable events, and leverages real-time data for robust risk management.

🌟 Key Features

• Cross-Chain Lending: Access liquidity across multiple blockchain networks
• Asset Preservation: Maintain crypto exposure while accessing stablecoins
• Real-Time Risk Management: Dynamic pricing and collateral monitoring
• Tax Efficiency: Avoid taxable events from asset liquidation
• High Performance: Built on Sui blockchain for fast and secure operations

🏗️ Architecture & Components

Core Technologies

• Sui Blockchain: High-performance blockchain platform
• Pyth Network: Real-time price feeds for accurate collateral valuation
• Wormhole: Cross-chain asset interoperability
• Walrus: Secure on-chain storage solution
• TwitterAIClient: AI-powered social engagement and monitoring

System Components

1. Liquidity Providers (LPs)

   • Deposit stablecoins (e.g., USDC) into liquidity pools
   • Earn interest from borrower repayments
   • Automated interest accrual and fee management

2. Borrowers & Collateral Management

   • Lock crypto assets as collateral
   • Access stablecoins without selling holdings
   • Maintain long-term investment positions

3. Smart Contracts

   • Collateral management and liquidation
   • Interest calculation and repayment
   • Automated fee structure

🚀 Getting Started

Prerequisites

• Node.js (v16 or higher)
• npm or yarn
• MongoDB (for backend)
• Sui CLI (for smart contract deployment)

Installation

1. Clone the repository:

git clone https://github.com/your-org/lendx.git
cd lendx

2. Install frontend dependencies:

npm install

3. Install backend dependencies:

cd backend
npm install

4. Set up environment variables:

# Frontend (.env.local)
NEXT_PUBLIC_API_URL=http://localhost:5000
NEXT_PUBLIC_SUI_NETWORK=testnet

# Backend (.env)
PORT=5000
MONGODB_URI=mongodb://localhost:27017/lendx
NODE_ENV=development

Running the Application

1. Start the backend server:

cd backend
npm run dev

2. Start the frontend development server:

npm run dev

3. Open http://localhost:3000 in your browser

🔒 Security & Risk Management

• Real-time collateral monitoring via Pyth Network
• Automated liquidation triggers
• Secure cross-chain asset management through Wormhole
• Immutable on-chain storage with Walrus
• Regular security audits and compliance checks

📊 Use Cases

For Borrowers

• Access liquidity without selling crypto assets
• Maintain long-term investment positions
• Tax-efficient borrowing
• Flexible fund usage (yield farming, expenses)

For Liquidity Providers

• Earn attractive yields
• Benefit from robust risk management
• Participate in a growing ecosystem

🛠️ Technical Stack

Frontend

• Next.js
• TypeScript
• Tailwind CSS
• Sui SDK

Backend

• Node.js
• Express
• MongoDB
• TypeScript

Blockchain

• Sui
• Pyth Network
• Wormhole
• Walrus

📈 Future Enhancements

• Expanded asset support
• Enhanced user interface
• Advanced analytics
• Regulatory compliance updates
• Additional blockchain integrations

🤝 Contributing

We welcome contributions! Please read our Contributing Guidelines for details on our code of conduct and the process for submitting pull requests.

📄 License

This project is licensed under the MIT License - see the LICENSE file for details.

📞 Contact

For any queries or support, please reach out to our team at [email protected]