# OpLend Token

## What is an opLend Token?

An **opLend token** represents your ownership stake in a specific real estate operation. Each investment opportunity has its own unique opLend token, for example, "opLend Paris Apartment" or "opLend Berlin Office."

Each OpLend token matches Bonds emitted in France and allows users to be exposed to the performance of these bonds, recovering the initial capital once an operation is unwound.

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## Token Features

### Ownership Proof

Your OpLend balance directly reflects the number of shares you own in an operation. These tokens live on the blockchain, giving you transparent and verifiable proof of ownership.

### Cross-Chain Compatible

opLend tokens use the **OFT (Omnichain Fungible Token)** standard, allowing you to:

* Hold tokens on your preferred network
* Transfer tokens between supported chains
* Maintain the same balance across all networks

### Fixed Supply

Each operation has a **maximum supply** equal to the total shares available. No more tokens can ever be minted beyond this cap.

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## Limitations

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⚠️ Both sender and receiver must be whitelisted to transfer tokens.
{% endhint %}

This means:

* You cannot freely send tokens to any wallet
* Recipients must be verified users of the Lend platform
* This ensures compliance and security

Anyone can be whitelisted by filling out the declarative information popup on Lend's App. See [compliance](https://lendxyz.gitbook.io/lend/fundamentals/compliance "mention") for more informations.

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## Token Details

| Property         | Value                  |
| ---------------- | ---------------------- |
| **Standard**     | ERC-20 + LayerZero OFT |
| **Decimals**     | 6                      |
| **Transferable** | Yes (whitelist only)   |
| **Burnable**     | By admin only          |

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