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Lendefi Community Update

23 June, 2021 — Audit. Testnet. Mainnet!

Next stop Testnet!

The Lendefi protocol is currently undergoing a third-party audit of our smart contracts. This is to ensure an industry-standard approach to the security of the Lendefi protocol. We are rapidly moving towards our final two milestones of testnet launch and mainnet launch on the Binance Smart Chain.

Lendefi’s testnet launch is scheduled in 5 days for the 28th of June. Mainnet launch is set for the 12th of July.

The next three weeks are going to be an exciting period for Lendefi!

User Interface Design

After the delays experienced by our developers Blockchain Labs Asia, Lendefi has pivoted to ensure our User Interface (UI) design is rapidly delivered. We have been diligently working on crafting our UI design and we are excited to share new screenshots with our community. We feel the updated UI design is clean and will improve the usability of Lendefi’s interface.

The aspects of our UI which don’t require design implementation are almost complete. We expect them to be fully functional by the end of this week.

Lendefi is proud to share the following screenshots with our community:

Protocol Infrastructure

Lendefi’s liquidator and REST API are on track to be ready for testnet launch. We aim to have them fully integrated by June 28.

As usual, Lendefi is grateful for the support of our community.

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.




Lendefi’s innovative protocol delivers leveraged trading via secured undercollateralized loans.

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Lendefi Protocol

Lendefi Protocol

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

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