Atlendis Crypto Platform

Pros

Innovative and unique approach to DeFi

Founders and Team details are Transparent

$284,492 USD currently invested (TVL)

Investments in 1 coin pair available

Operating on Polygon protocol

Cons

Unproven system in DeFi

Limited pool options

Investments in liquidity pools can be higher risk

Liquidity pool investments are only suitable for advanced crypto users

Atlendis Reviews

Atlendis is a decentralized non-custodial lending and borrowing protocol that was founded by Alexis Masseron, Charlotte Eli, and Stéphane Coquet and launched in April 2021. The founders and team are fully disclosed on the official website, which is a good sign of transparency that aligns with the protocol's mission. The platform has a unique approach to DeFi by bringing trust between parties and creating a mixed system of centralized and decentralized entities.

Atlendis operates on the Ethereum and Polygon networks. While the borrowings are controlled by the team, lendings are completely decentralized and permissionless. Anyone can connect to the protocol and deposit funds to pools. Only the governance can create new pools and determine the features, such as who will be whitelisted for a specific pool, which pool is defaulted, pool closure, and max borrowable amount, etc.

Atlendis is different from other crypto lending and borrowing protocols in that it has whitelisted borrowers who can get a loan without depositing collateral within their credit limits. This means that the loans on the Atlendis protocol are unsecured, and the process mainly relies on the established trust between parties. This is a departure from the standard practice in the industry, where collateral is required.

The web app of the platform has a very simple and user-friendly design. A big banner on the top with the question "First time on Atlendis?" meets users and directs them to the Tutorials page. Users can connect to the platform by clicking the "Connect" button on the top right. The platform supports almost all popular web wallets, including MetaMask, WalletConnect, Rainbow, Coinbase Wallet, and Trust Wallet. Connecting and using the platform is permissionless with complete anonymity. The protocol doesn't offer any swap, exchange, or trade services.

Atlendis has a partnership with the ANGLE protocol, and ANGLE DAO has invested in the Atlendis pools in exchange for some collaterals. This partnership further enhances the reliability and credibility of the Atlendis platform.

According to the company's blog page, Atlendis protocol has raised $4.4 million in funding from Tioga Capital, Lemniscap, ParaFi Capital, and other VCs. This funding will help the team further develop and improve the platform's capabilities and services.

In terms of security, Atlendis has audit reports and partnerships for bug bounty programs. The protocol doesn't have any noticeable mark in its history in terms of hacks or exploits. But given the protocol's young age, users should use it with caution and conduct their own research before depositing funds.

In conclusion, Atlendis is a promising non-custodial lending and borrowing protocol that offers a unique approach to DeFi when we compare crypto platforms. Its whitelisted borrower feature and the establishment of trust between parties sets it apart from other protocols in the industry. The simple and user-friendly web app design, coupled with the partnership with ANGLE DAO, makes it a reliable and credible platform. While the protocol is still relatively new, it has a good track record in terms of security and funding. It will be interesting to see how Atlendis evolves and grows in the future.

How Much Can You Earn on Atlendis

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Atlendis Supported Currencies

Atlendis supports over 2 currencies including USD Coin.

Atlendis Key Data

Products

Savings accounts	Yes
Loans	Yes
Fiat to crypto exchange	No
Pro exchange marketplace	No
Margin trading	No
Chain agnostic	No

Security

Know your customer	Yes
Credit check	Yes

Investment Strategy

Unsecured loans

Yes

Key People

Alexis Masseron

Co-Founder and CEO

Charlotte Eli

Co-Founder and Chief Research Officer

Stéphane Coquet

Co-Founder and CTO

Adrien Roggero

Business Developer

Bruno Pousset

General Counsel

Friedrich Coen

Solidity Engineer

Hugo Dura

Head of Sales & Partnerships

Jacob Dawson

Senior Frontend Engineer

Loïc Vincent-Genod

Solidity Engineer

Victoria Calmon

CMO

Pierre Hottiaux

Creative Director

Olivier Bladier

Frontend Engineer

Marcos Miranda

Product Lead

Manuel Gunzburger

Growth / Community

Useful Links

Atlendis Contact Details