LNR meaning in Cryptocurrency ?

Answer:

Decentralization is great for democratizing finance, but along with it comes massive fragmentation of the user experience.

Lunar believes it is time to re-centralize DeFi around the most important part of the network: The user.

This begins with their DeFi application, Lunar, that aims to streamline the entire process of crypto and NFT trading into one intuitive interface".

One place for everything

Lunar replaces the 10+ seperate tools needed to trade and research crypto with a single platform that gives users near-instant access to the functionality they need. This includes:

Wallets & Wallet AggregationToken TradingPrice Charts & Token InformationToken ExplorersAutomated Portfolio TrackingPrice AlertsWatchlistsReflections TrackingFarming & StakingNFT tradingAnd MoreA fully interconnected system

Because every component within Lunar is fully interconnected, it unlocks features that users can’t get with separate systems. For example, users can pay for crypto from multiple wallets at once, and track their portfolio automatically.

Dissolving the blockchain barrier with Plexus™

Trading crypto across different blockchains is its own multi-step process that requires several seperate apps.

The goal for Lunar's Plexus™ technology is to allow users to trade almost any cryptocurrency across different blockchains in a single click.

They plan to apply this same technology to non-fungible assets, allowing users to purchase NFTs using almost any cryptocurrency across different blockchains.

Powered by the Lunar Token (LNR)

Lunar's native token, LNR, is central to facilitating automated cross-chain trades on the platform.

The current token economics of LNR are designed to reward holders by providing them with 3% of LNR transactions in native reflections.

LNR Token Economics: 12% total tax 3% to holders in passive LNR reflections 3% to liquidity 5.5% to growth (marketing, development, burns, and buybacks) 0.5% to Lunar Crystal NFT holders

Lunar Crystals

Lunar crystals are a collection of NFTs that unlock hidden powers for users when plugged into the Lunar ecosystem. They also generate passive LNR token reflections for holders.

There are 8 different crystal types of varying rarities, each with their own unique perks and LNR reflection amounts.

The Leadership Team

Spaceman, Co-Founder & CEO Spaceman is a serial founder, product designer, and user experience expert who has built multi-million dollar businesses across multiple industries including FinTech.

Mr. Moonshot, Co-Founder and COO Mr. Moonshot is a smart contract developer, marketer, and token growth strategist with deep experience in blockchain technology and crypto investing.

Master Jedi, CTO MasterJedi is a software architect with over 20 years experience building enterprise-grade apps for companies and governments. His open source work across dozens of projects has over 500M downloads.

Apollo, Head of Marketing Apollo is a multidisciplinary designer, creative director, and marketing expert with over a decade of experience building brands and leading hyper-productive teams.

Sensei, Solutions Architect Sensei is an award-winning developer and software architect with over 25 years of experience building applications in both the private and public sector.

Team member names are kept private for safety. Lunar's founders are KYC-verified through Dessert Finance. They also host multiple AMAs each week and show their faces on video.

Links: linktr.ee/lnrdefi

reference

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