LitBond is a decentralized, fixed-rate, fixed-term lending protocol native to the LitVM rollup (secured by Litecoin).
It allows lenders to lock zkLTC and earn a predictable, fixed APY, while borrowers can lock collateral to receive fixed-rate loans without fear of variable rate fluctuations.
- Fixed-Rate Term Pools: Lenders deposit liquidity into fixed duration pools (e.g., 7-day or 30-day) and mint tradeable Receipt Tokens (e.g.,
LB7D). - Fixed-Rate Borrowing: Borrowers lock collateral (e.g.,
mWBTC) and borrowzkLTCat a locked-in rate. Interest is calculated upfront. - Auto-Maturity & Repayment: Borrowers must repay the principal + fixed interest by the maturity date to unlock collateral.
- Liquidation Engine: If collateral ratio falls below 110% or the loan expires, liquidators can pay off the loan to claim the collateral.
- Institutional Aesthetic: Designed for the "Hard Money Web3" narrative of LitVM.
LitBond.sol: Core protocol handling pools, deposits, borrowing, and liquidation.ReceiptToken.sol: ERC-20 token minted to lenders.MockCollateral.sol: Dummy ERC-20 for testing the borrow flow.- React Frontend (Vite + ethers.js) integrated seamlessly with the LitVM testnet.
- Navigate to the project directory:
cd litbond - Install dependencies:
npm install - Run the dev server:
npm run dev - Connect your Web3 wallet to the LitVM LiteForge testnet (Chain ID: 4441).
Built for the LitVM Ecosystem.