Lendefi Announces Chainsulting As Technology Partners

Lendefi is pleased to announce it is moving the management of its protocol from Blockchain Labs Asia to Chainsulting

Lendefi Protocol
Lendefi
2 min readAug 4, 2021

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Lendefi is happy to announce that as of the 1st of August, 2021 we have signed an agreement with Chainsulting to maintain and develop the Lendefi protocol.

Lendefi has launched its testnet for public utilization and is moving towards our mainnet launch on the Binance Smart Chain. To assist Lendefi in this critical stage of our roadmap, we have engaged Chainsulting as our technology partner.

Chainsulting will oversee the mainnet deployment and ensure that best security practices are followed for the security of the Lendefi protocol. Chainsulting will continue to provide ongoing support and maintenance of Lendefi’s protocol in the runup to mainnet launch and beyond.

Chainsulting comes highly recommended and they are Germany’s “leading experts” in Distributed Ledger and Digital Assets. Their services include development, consulting, security audits and research within the blockchain sector. Their track record spans 4 years and over 150 clients. Clients of Chainsulting have included 1inch, Unicrypt and DIA.

We’re pleased to have engaged Chainsulting for Lendefi’s future development and protocol management. I believe they have the experience, expertise and security knowledge to take Lenedefi to mainnet and completion of the roadmap.” — Scott Schulz, Lendefi CEO

The handover for Lendefi’s protocol from BLABS to Chainsulting is now underway and the process is expected to be complete within the coming weeks. Once the handover is complete, Lendefi will be making a further announcement to confirm the completion of the handover to our community.

Chainsulting is excited to be working with Lendefi to bring them towards mainnet and beyond.” — Yannik Heinze, Executive Chainsulting

Lendefi believes that our community will react positively to our engagement of Chainsulting. Their reputation and skills will provide Lendefi with valuable resources that will take us to mainnet launch and beyond.

The Lendefi protocol will deliver leveraged trading and secured lending for cryptocurrency markets. Utilizing an undercollateralized loan model, Lendefi facilitates a trustless relationship between lender and borrower, managed by the protocol to remove counterparty risk.

For further information please join our global Telegram group, visit our website, join our Twitter feed or inspect our Gitbook documentation.

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Lendefi Protocol
Lendefi

Lendefi is an innovative DeFi platform that delivers leveraged trading via secured undercollateralized loans.