Lendefi’s innovative protocol is bringing significant opportunities to the markets for leveraged trading of digital assets. Advantages are delivered to both lenders and borrowers within a secure, decentralized protocol.
As Lendefi moves rapidly towards mainnet release on the 12th of July, it is valuable to elaborate on the user experience embodied within our protocol.
There are two parties involved within the Lendefi equation:
Both parties in the equation are secured by Lendefi’s protocol and benefit from the value inherent within leveraged trading…
An insight into the testing process.
Lendefi is proud to announce that our testnet is now open to the public and enrolled testers can begin testing! This is an important milestone for the Lendefi protocol and represents our transition onto the final stretch towards mainnet launch.
We encourage our community to go and view Lendefi’s testnet here:
The launch of Lendefi’s testnet will allow us to stress test the protocol and initiate our User Acceptance Testing. This will allow Lendefi to place the protocol under pressure and identify possible weaknesses within the codebase. …
The Lendefi team has been diligently working to expedite the release of our testnet for public use. To deliver a more robust and secure protocol, the current infrastructure is being enhanced in preparation for the public testnet opening next week.
In this update, we discuss the registration for testnet users and possible tokens to be included in the testnet. We also provide two new screenshots of the Lendefi testnet at the end of the update.
3, 2, 1… Testnet Launch!
Lendefi is proud to announce, we will imminently open our testnet to the public. We have been working closely with our developers Blockchain Labs Asia (BLABS) to expedite this milestone.
Lendefi’s management expects our public testnet to open within the next week!
Although the Lendefi protocol experienced delays due to our lead developers BLABS, we have been working closely with them to expedite the testnet delivery. Our drive towards testnet launch has been tempered with the view that security is the highest priority of Lendefi’s protocol.
The Lendefi management team has recently undertaken significant internal…
Lendefi is moving rapidly towards opening its testnet to the public, along with the launch of user acceptance testing and a bug bounty program. The successful conclusion of these three processes will strengthen the security of Lendefi’s protocol and prime the marketplace for mainnet launch on the Binance Smart Chain.
Following mainnet launch, Lendefi intends to transition the protocol’s management structure into a Digital Autonomous Organization (DAO). This transition will facilitate the control of key protocol functions by the owners of Lendefi’s native LDFI tokens. …
In Lendefi’s latest community update, we are pleased to provide our community with the latest information relating to Lendefi’s updated development milestones. In this update, we cover information pertaining to our testnet deployment, infrastructure and web interface.
Since Lendefi’s community update last week on July 7th, our testnet protocol on the Binance Smart Chain testnet has been optimized to address the issues caused by PancakeSwap’s (trade contract) stack only being partially deployed on the Binance Smart Chain testnet.
During the optimization process, integration issues were encountered due to the unofficial PancakeSwap testnet not utilizing real tokens. …
Lendefi has taken an important step forward in deploying its protocol for undercollateralized loans onto the Binance Smart Chain (BSC) testnet. Although internal testing is still being undertaken, the next stages of testing will provide interesting opportunities for Lendefi’s community to engage with the development process.
As we move towards opening the Lendefi testnet for public use, we are looking forward to the contributions that our community can make towards the protocol.
The process of protocol development encompasses a number of key stages before a product is ready for mainnet release. …
Lendefi is pleased to provide our community with information concerning the protocol’s latest development milestones. In this update, we will cover important information concerning our audit, testnet deployment, user interface design and web interface.
We will also address our amended path towards mainnet launch which has been influenced by delays experienced by our lead developers Blockchain Labs Asia (BLABS).
Lendefi received the draft of our auditor’s report on July 5th. We are pleased to inform our community that no critical issues were identified during the audit process. …
The Lendefi protocol will bring advantages to lenders and traders within the DeFi environment. With Lendefi’s imminent mainnet launch onto the Binance Smart Chain, we discuss the two forms of leveraged trading that will be available through the protocol. These different trading options will ensure that Lendefi has relevance during both bull and bear markets.
Lendefi benefits both parties within the DeFi lending equation. Lenders are able to generate interest payments on digital assets and enjoy greater returns than those delivered by the fiat banking industry. Traders are able to borrow funds through undercollateralized loans to access leveraged trading positions…
The Lendefi protocol has successfully migrated onto the Binance Smart Chain testnet.
In our latest update, we are excited to inform our community about developments of the protocol, user interface and infrastructure.
The audit of the Lendefi protocol is currently underway. In the interest of transparency, we will be sharing full audit details with our community, once the audit is complete. Details will be made public on or before Lendefi’s mainnet deployment.
On June 28th, the Lendefi protocol was deployed onto the Binance Smart Chain testnet. A total of 35 contracts were deployed and they are currently…
Lendefi is an innovative DeFi platform that delivers leveraged trading via secured undercollateralized loans.