# Introduction

Want to know more about Lucra? You are in the right place. Discover Lucra documentation.

## What is Lucra?

**Lucra** is a savings protocol offering low-volatile yields on NEPRI Yield USD (nYUSD) stablecoin deposits. The Lucra rate is powered by a diversified stream of staking rewards from major proof-of-stake blockchains, and therefore can be expected to be much more stable than money market interest rates. We believe that a stable, reliable source of yield in Lucra has the opportunity to become the reference interest rate in DeFi and Open Finance. 

The Lucra protocol defines a money market between a **lender**, looking to earn stable yields on their stablecoins, and a **borrower**, looking to borrow stablecoins on stakeable assets. To borrow stablecoins, the borrower locks up [lended Assets](https://app.gitbook.com/@nepri/s/lucra-protocol/lended-assets-lassets) (lAssets) as collateral, and borrows stablecoins below the protocol-defined LTV ratio. The diversified stream of staking rewards accruing to the global pool of collateral then gets converted to stablecoin, and then conferred to the lender in the form of a stable yield. 

Deposited stablecoins are represented by [Lucra NEPRI (lNEP)](https://app.gitbook.com/@nepri/s/lucra-protocol/money-market). lNEP tokens are redeemable for the initial deposit along with accrued interest, allowing interest collection to be done just by holding on to them. Lucra is structured to provide depositors with:

* **High, stable deposit yields** powered by rewards of [lAsset collaterals](https://app.gitbook.com/@nepri/s/lucra-protocol/money-market)
* **Instant withdrawals** through [pooled lending](https://app.gitbook.com/@nepri/s/lucra-protocol/money-market) of stablecoin deposits
* **Principal protection** via [liquidation](https://app.gitbook.com/@nepri/s/lucra-protocol/money-market) of loans in risk of under-collateralization

Lucra will be an open, permissionless savings protocol, meaning that any third-party application will be free to connect and earn interest without restrictions. Through Lucra.js or EthLucra, developers will interact with Lucra using just a few lines of code.

Further documentation of Lucra Protocol is provided in the following pages.

## Sections

Learn more about Lucra Protocol, and its core smart contracts.

* Learn more about the [Protocol](https://app.gitbook.com/@nepri/s/lucra-protocol/protocol/general-view).
* Read up on the specifications for the [Lucra Protocol](https://anchorprotocol.com/docs/anchor-v1.1.pdf) and [lAssets](https://anchorprotocol.com/docs/The_bAsset_Protocol.pdf). 
* Read on the whitepaper and technical details of Lucra Protocol [here](https://nepri.gitbook.io/lucra-documents/)
* Check out the Smart Contracts (coming soon..)
* Build apps using Lucra.js (coming soon..)
* Cross-chain applications on Solana using SolLucra, Ethereum using EthLucra, on Polkadot using DotLucra, Binance Smart Chain using BscLucra, xDAI Chain using xdaiLucra, etc. (coming soon...)

## Community

* [Telegram](https://t.me/neprifinancecommunity)
* [Twitter](https://twitter.com/NepriF)
* [Discord](https://discord.gg/w4wreTyt)

                 


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