Lucky Block is a decentralized lending and borrowing (DeFi) protocol based on the Ethereum blockchain that allows users to lend and borrow crypto tokens securely and transparently.
It uses smart contracts to ensure the safety of users' funds, using automated bookrunner algorithms to assess borrowers' creditworthiness and ensure that lenders receive interest on their investment.
LBLOCK is based on a reward structure for users that ensure market liquidity, with incentives for lenders and borrowers that contribute to the stability of the platform.
It offers competitive interest rates for lenders and advantageous borrowing rates for borrowers.
It also allows users to earn interest on their crypto assets while keeping them in their own wallet, rather than depositing them into a traditional savings account.