LenderLab has closed the gap between the blockchain, real world assets, and renewable energy by creating a new class of token.
Our tokens are digitized debt notes backed by collateralized renewable energy loans. Each loan has funded a solar energy project (is therefore ESG compliant), and is secured by a UCC fixture filing (lien) on the property.
Purchasing a token entitles the holder to all of the returns associated with the borrower loan obligation. Payments are received by a loan processor and are distributed via stablecoin to a registered wallet on the blockchain. This provides swift, transparent,
payments directly to the token holder without transferring funds via slower, less
transparent, off-chain processes.
We've built our new token technology on the public blockchain, instead of a private
"walled-garden" chain, so it is compatible with the greater Ethereum ecosystem. This
dramatically increases token liquidity and flexibility. We don't lock you in.
We believe that the future of money is digital, and the future of energy is renewable. We aim to reduce reliance on fossil fuels, reduce strain on energy grids, and increase energy independence. Focusing on renewable energy lending allows us to achieve these goals.
If you believe in supporting the environment, our tokens are a direct, transparent way to ensure that you are part of the green energy solution to a fossil fuel problem.