Lendefi Community Update

9 June, 2021

We are pleased to provide you with the latest development updates for Lendefi’s protocol.

Our delivery milestones continue to be:

1️⃣ UI Design & Audit: 14 June

2️⃣ Testnet: 28 June

3️⃣ Mainnet: 12 July

Progress remains steady and our major focus is currently on audit delivery.

Advancements have been made in the following three areas:

User Interface Design
Continued iterations of the user interface design have been made to facilitate the integration of a fully-featured margin trading experience. This is an integral aspect of the protocol’s utility and more time has been spent on this development than initially anticipated. The user interface design is now targeted for community delivery by the 14th of June.

Protocol
All of our contracts are currently being tested and tweaked ahead of next week’s Audit.

User Interface
To support the desired functionality within the protocol, the React interface is evolving in conjunction with the user interface design.

Development of the protocol remains on track to meet our previously published milestones.

We will continue to keep our community informed with regular updates.

We appreciate your continued support for Lendefi!

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.