Lucid is a decentralized finance (DeFi) protocol that facilitates crypto-asset lending and borrowing without traditional intermediaries. The platform aims to build a system of on-chain reputation through its "Lucid ID" and "Lucid Score" mechanisms, allowing users to establish a credit history on the blockchain. Users can supply assets to earn interest or borrow assets by providing collateral. The protocol is governed by its community, emphasizing a decentralized and user-controlled financial ecosystem.

Founded in

United Kingdom