👏Welcome to WEN Protocol

Unleash the Magic of LSD

WEN Protocol is a decentralized, censorship-resistant, and community-owned protocol that enables users to secure loans using Liquidity Staking Derivatives (LSDs) as collateral. These loans have minimal fees and provide up to 7x leverage, with repayments made in wenUSD.

The WEN Protocol codebase is derived from Liquity, retaining its features while also supporting multiple LSDs as collateral, In the early stages of the project, WEN will use pufETH as the only collateral.

wenUSD is over-collateralized by LSDs and maintains a 1:1 peg to the USD.

$WEN and esWEN (escrowed WEN) are the native and governance tokens of the system.