LEAF is a decentralized protocol dedicated to bringing smart asset custody and management to the DeFi tokens economy.
The architecture of LEAF has been developed to serve as the first layer not only of the LEAF custody protocol, but also as a gateway for all people and companies interested in DeFi. With its crosschain integrations, infact, basically any application will be able to join the decentralised finance environment in a secure, scalable and sustainable way.
The protocol includes a decentralised cross chain network, which can be directly linked to the Ethereum blockchain, where the token and main contracts will operate. Transactions between the networks will be done in batches, using a custom algorithm for fee minimization.
Future implementations of the project will include a decentralized Proof-of-Stake blockchain (LEAF Chain) that will ensure the security of the LEAF protocol while minimizing the resource consumption of standard POW networks.
“The LEAF coin will be a utility ERC20 token directly used to interact with the protocol and use all of its products.”
The transaction fee is paid in LEAF tokens, that will be listed in the most common CEXs & DEXs, as well as earned through the LEAF staking pool. The more people will be interested in purchasing and using the asset, the more value will be incorporated into the project itself.
LEAF holders can lock their possessions using the staking smart contract, in order to maximise the earning potential of their reserves and leverage the power of compound interest. Stakers will receive up to 100% of the fees paid by users to operate with all the products, creating a circular and sustainable economy.
It will be possible to lock the tokens from a minimum of 1 day to a maximum of 3 years, with the staking interest directly proportional to the locking period (50% to 100% of the collected fees).
The LEAF wallet is based on the same crosschain techology that powers the main protocol, and supports all the integrated currencies and digital assets. At the same time, through the wallet users will be able to stake their coins and maximise their earnings over time.
All the most common transactions types and functionalities will be granted, and a strong integration roadmap is in place, which includes all the main lending products and DeFi most common applications in general.