# Protocol Overview Paladin Lending is a decentralized, non-custodial governance lending protocol where users can either loan the voting power in their governance token, or borrow some voting power. Depositors stake governance tokens or derivatives that grant voting power in exchange for yield, while borrowers can leverage their voting power to gain more influence temporarily.\ \ You can find the code here : Quick overview video: #### Below, you will find a brief description and link of all the functions currently used in Paladin : ### **PalPools** Independent pools where the underlying governance token is deposited in exchange for **PalTokens**, and allows users to borrow governance power. ### **PalTokens** **ERC20** tokens representing your deposit in a **PalPool** as well as the yield earned. ### **PalLoans** Contracts are created by **PalPools** to hold the governance power borrowed by the user. A **PalLoan** is a **Clone** of one of the **Delegator** contracts, depending on the token to delegate. Each **PalLoan** is represented by a **PalLoanToken.** ### **PalLoanTokens** **ERC721** tokens representing the ownership of a **PalLoan**. As any **ERC721** token, **PalLoanTokens** can be transferred to change the owner of a **PalLoan**. ### **Delegators** Updatable delegation logic for a specific Governance token. ### **Controller** Contract listing all deployed **PalPools** & **PalTokens** and checking their current status. It is also handling the Paladin Liquidity Mining system ### **Interest Module** Calculations of Utilization Rate, Borrow Rate & Supply Rate for **Pools** ### **Address Registry** Contract to fetch the address of the different **PalPools**, **PalTokens** (ERC20), the **Controller** & the **PalLoanToken** (ERC721)