Lendefi Protocol Smart Contract Audit by Chainsulting
Whilst Chainsulting was undertaking the audit, the Lendefi team decided it would be most prudent to engage Chainsulting to complete the deployment of the contracts, as from a security perspective this made sense.
During this process, Chainsulting recommended minor changes be made to the contracts, these minor changes were undertaken by the Chainsulting development team.
Even though this meant that it was no longer a completely third party audit, it did ensure further security, given the changes were being made by the auditor itself.
Given the rise in exploits in the DeFi space over the past year, we have taken caution in the deployment to BSC mainnet. In the future we will undertake further audits.
The Lendefi protocol will deliver leveraged trading and secured lending to the cryptocurrency markets. Utilizing an undercollateralized loan model, Lendefi facilitates a trustless relationship between lenders and borrowers, managed by the protocol to remove counterparty risk.