☁️ A decentralized lending and borrowing protocol built on the Cardano blockchain leveraging NFT bonds 🏷️ Links: linktr.ee/lenfi

LENFI
We want to provide a clear update on the recent events: 1️⃣ Bug Discovery: Two days ago, we identified a vulnerability that could affect users deposits. We immediately made actions to protect the funds of the users. 2️⃣ Actions Taken: We took drastic measures to encourage repayments and withdrawals, which were successful. 3️⃣ Remaining Funds Secured: Funds from loans that were not repaid were whitehacked and are now securely stored in the $lenfi-wh wallet. 4️⃣ Next Steps: We are preparing smart contract where affected users will be able to claim their funds. More details will follow shortly. If you have any questions our team is here to assist you on Discord or Telegram. Thank you for your understanding and patience!
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Aada Finance Giveaway! #️⃣ 20 Winners 💴 2000 $AADA 📅 January 21st Three simple steps to participate: 1️⃣ Follow @AadaFinance 2️⃣ Like this post 3️⃣ Retweet this post Also tag your #Cardano friend! Telegram: t.me/aadacommunity Website: aada.finance
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🎁 Contest: Like and Retweet this image and 4 winners will be announced on March 30th to win 50 $AADA each! 🥰 It is definitely worth to stake more AADA. First 500 stakers with 500 or more $AADA will be gifted with 25 $AADA extra through @ContactDrip
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Say bye to Aada, and welcome to Lenfi 💜 After long consideration, encouraged by our community and partners since the very start, we have decided to rename our project to Lenfi. Everything has stayed the same according to our goals and to the team: we are still working towards the same thing - to deliver a secure and permissionless pooled lending solution to Cardano. 🟣 Okay, so what has changed? Simply put, the only things that changed are what you all see the most - our branding, coloring, and domain. To make it simple for the users and people already used to Aada, we will keep the same stylistics for our app and visuals, where as a user, you will see only background color changes and new name - Lenfi. 🟣When will everything be changed? Our team has set a deadline until we finish all the transition work. You will see the deployments of Lenfi little by little. We will let you know with every step we make not to leave anyone behind. We will slowly transit everything to Lenfi, from a homepage until the last drop of social media. What we can promise for next week is updated Lightpaper. 🟣What happens to $AADA token? Nothing. No new issued token, no token swaps: everything stays the same, where we will just rename $AADA to $LENFI. If you had $AADA in your wallet, it will become $LENFI, if you had $AADA locked as collateral, after returning your loan you will receive $LENFI. Token stays the same with only the name change. 🟣Most importantly, WEN IS TESTNET? First, we want to say that we already have a fully working Testnet app, smart contracts are working, and we have been testing for a while now. However, we keep running into errors where every single one requires time to fix. For users to experience smooth testing of Lenfi Testnet, we want to eliminate all or the majority of the errors which we are currently receiving. We believe that we have great testers in our community, which will help us discover even more fixable things. In this matter, we want to be as close to perfection as possible. 👉 July 10th is the SOFT date for the Lenfi Testnet launch. This date is not set in stone, but it is a clear goal for our team. We are confident that we will be able to deliver on this date, but knowing how perfectionist we are with our platform, everything can change. We will keep you updated. 🟣We are excited! While, as mentioned before, this rebranding means little regarding our work, we believe the Lenfi name will broaden the horizons and be a well-recognizable name in the DeFi space. We will show you our newest updates real soon, they are eye pleasing for sure! 📍We encourage you to read our medium article about our name change. Link is here: medium.com/@aada.finance/aad… #Cardano #ADA #CardanoCommunity #DeFi
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🔥 app.aada.finance/ P2P Lending and borrowing is live on Cardano and it is presented for you by Aada Finance Guide for the app: aada.gitbook.io/aada/platfor… 💎 Aada Finance links: linktr.ee/aadafinance
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WEN MAINNET A question that has been following us from public sale through ISPO, staking, Testnet. You can only imagine what a big day it's for the Aada team, our beloved community, and for entire Cardano blockchain 🤤 And we proudly and loudly say - Launch is TOMORROW! 🤗
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🐍 $SNEK has prevailed. We've just concluded our largest vote to date. Following a dynamic voting period, our $LENFI users have cast their votes and the final results are now at hand Throughout the voting process, the app.aada.finance/governance interface provided a display of the preliminary results. However, after the voting wrapped up, we delved into the on-chain data to confirm that our final results only encompass valid votes As a result, the verdict of the vote is YES, and $SNEK will be added as collateral from Friday 🔗 Transcript of voting: docs.google.com/spreadsheets…
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🥳Lending and borrowing is live on #cardano chain! 💎Get or fund a loan with CNTs using app.aada.finance
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🌐 Explore the future of #DeFi lending with Lenfi on #Cardano now: app.lenfi.io With features like: ▸ Permissionless Pool Creation 🛠️ ▸ Tokenized Debt Bonds 📜 ▸ Native Multi-Asset Support 💼 ▸ Open Liquidations 🔓 ▸ Decentralized Governance 🗳️ Read more in our launch article: link.medium.com/HoFTsNdCoHb
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🌟 Major milestone for the #Cardano community @IagonOfficial project has successfully received funds for their CEX listing through Lenfi without selling a single IAG token, but with loans on our P2P app instead This showcases trust and efficiency within our ecosystem 🤝
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🎉 #Lenfi is launching V2 on #Cardano this Feb 22nd! Dive into a new era of decentralized lending with: ✅ Permissionless Pool Creation ✅ Tokenized debt as NFT bonds ✅ Native multi-asset support ✅ Decentralized governance Discover how Lenfi is redefining #DeFi lending with innovative features and enhanced security after extensive testing & audits in the article below ⬇️
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3X Tappy 2 WL GIVEAWAY for Lenfi Twitter Community! Tappy 2 = TapTools Pro To enter: ▸ Follow @LenfiOfficial & @TapTools ▸ Like & Retweet this post ▸ Tag 3 friends 📅 Winners are going to be announced on Monday (19th of August)
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🐍 $SNEK and $IAG is coming to Aada! The governance voting is complete, and the TRIBE has spoken 😆 🚀 Brace yourselves for the upcoming epoch starting May 25th, where Aada will be adding not one, but two new tokens to our borrowing and lending options #CardanoCommunity #ADA
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We are announcing Aada Finance Giveaway! Complete the steps to receive entries and you could win cash prizes. 👉gleam.io/wWkqy/aada-finance 🗓 Contest is open until November 27 👨‍👩‍👧 3 winners 💵300$ USDT prize pool 💎Enter the Aada giveaway now!
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💜 Come and try the Lenfi Testnet app! testnet.lenfi.io As always, community feedback will be imperative and will enable us to further improve and optimize the dApp for Mainnet launch Key points: ▸ With this Testnet we want more people to test the app together with us ▸ We already know some issues ▸ We might have missed some features ▸ We can make the app more user friendly that’s why feedback is very important ➡️ We recommend reading known issues first, and then trying the app. docs.google.com/document/d/1… 💬If you have found a new, not mentioned error, or have a suggestion for the app, please open a ticket in Discord discord.gg/zZPHeH78BE 📚 Article about the launch is here: link.medium.com/j0Jc7ko6jBb
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🔮 February is the month we've all been waiting for... Keep your notifications on 🚨 #DeFi #Cardano #LenfiV2
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🚀 Exciting news for #Cardano enthusiasts. With Aada V.2 we are introducing a Pool Manager NFT where it's holder will be able to: - Delegate locked ADA (supply or collateral) to any pool - Register new stake pool How do you measure this NFT value?#CardanoCommunity #ADA
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💜 Being fully transparent is worth it, we are staying open-sourced We have published Lenfi code to @github 📍 github.com/lenfiLabs/lenfi-s… You can also find our previously published code 📍 github.com/aadafinance/ #Cardano #DeFi #CardanoCommunity #opensource
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🎉 Big milestone alert! We're thrilled to announce that Lenfi has officially surpassed 20M $ADA Total Value Locked (TVL)! 🚀 This achievement highlights the trust and growing support from our amazing community. We're committed to delivering more features, greater liquidity, and a seamless DeFi experience for all our users. Thank you for being part of this journey—this is just the beginning! 💪
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🥳We are happy to announce Community engagement airdrop through @ContactDrip 50k #AADA tokens allocation ❗️Rules: All @liqwidfinance token holders who hold 1 or more tokens will be able to get 10 #AADA starting March 11 🗓️through @ContactDrip
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✅ Long awaited🐍 $SNEK collateral has been activated 💎New use case for $SNEK , can you tell us, what is possible to achieve on @LenfiOfficial ? Cheat sheet here: lenfi.gitbook.io/aada/lenfi-… 🌊Liquidation threshold was set at 2, 🧵thread below
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🐍 Another use case for $SNEK from @snekcoinada ? Lenfi (Aada) governance voting is live. The end of voting is on July 24th Will we see new collateral token on P2P lending platform? Only $LENFI holders can answer 📍Voting: app.aada.finance/governance
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We feel like that this past couple weeks entire #Cardano ecosystem been around @SnoopDogg and @The_ClayMates partnership. @IOHK_Charles you know that Cardano is more than that, yes? P.S. @AadaFinance lending and borrowing launch is in May
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🎉 Big cheers for #Lenfi! According to @DefiLlama, we've reached our all-time high Total Value Locked (TVL) with $11.75M ! 🚀 This milestone is important for our community and a testament to our growth in the #DeFi space Let's keep the momentum going! #Cardano #CryptoGrowth
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Can we all collectively write in the comments 🥺 : #LENFI launch is tomorrow ✨
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We are here to stay. Not an electoral lie.
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⭐️We're thrilled to give you a sneak peek of our new pools page - the heart of our pooled lending platform.
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✌️ $AADA holders: we have two governance proposals that passed forum voting and are going to the on-chain voting Add $IAG and $SNEK as borrowable assets to Aada 🗳 Proposals: governance.aada.finance/ 📆 Time: Epoch 412, 15th-20th of May 📍 Voting: app.aada.finance/governance
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You just can’t make this up. This kind of feedback is exactly why we do what we do - working every day to make our users happy. @cardano_whale
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🎉 New Year, New Heights! But let's take a moment to review our December 2023 achievements at Lenfi P2P: 🟣 A whopping 5.3M ADA borrowed! 🟣 Over 20M in ADA value of $SNEK & $LENFI locked as a collateral 🟣 Average loan size hit 7,110 ADA 🟣 $SNEK was loaned for an average of 94.21% APR Start your 2024 with us! 🚀 Secure your P2P lending now at app.aada.finance
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And we got funded! 🎉 The Lenfi SDK Proposal for Fund 11 has received enough 'Yes' votes to pass the threshold. 💜 Thank you for believing in us! Special thanks to @MinswapDEX for once again playing an important role in the Catalyst Process
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🌟Lenfi is raising the bar in #Cardano security! Completed one audit with @AnastasiaLabs, and now it's round two with @txpipe_tools 🛡️Ensuring double-layered protection for our protocol Dive into the details with our feature on @Cointelegraph #web3 cointelegraph.com/press-rele…
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Great news for the Cardano community and it's builders! We at Aada are now sponsoring the development of Eopsin, the pythonic smart contract language for Cardano. This is a major step forward for the growth and adoption of the Cardano ecosystem! #python #smartcontracts
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Hey everyone! Just wanted to share some great news - our lending app Aada has climbed over 8M ADA in total value locked! 🎉 If you're looking to borrow or lend #Cardano tokens, we'd be honoured if you gave our app a try: app.aada.finance/
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💜 What's up with Lenfi V2? We're nearing the completion of our second audit. We're currently collaborating closely with our auditors to test edge cases, ensuring everything is perfect for launch. This step is crucial in our commitment to delivering a secure and flawless DeFi experience. Ultimately, it demonstrates our serious approach in handling substantial financial operations on the Cardano blockchain. Still, we've got some exciting news to share: • Audit Report: Check out the latest (yet not final) audit report from TxPipe. github.com/lenfiLabs/materia… • Open-sourcing: We're opening up our current code to the community. Take a sneak peek at our progress. github.com/lenfiLabs/lenfi-s… • Upcoming Bug Bounty: This is also an open call for the developers - prepare for the upcoming Bug Bounty program! It will kick off as soon as we put the final touches to the code before mainnet launch. ✅ What's Left? The finish line is in sight, but we're taking extra care with the calculations part. It's the final piece of the puzzle that needs a thorough review. 🔮 What's Next? • Establishing the Batchers Network: A critical component in enhancing transaction efficiency and reliability. • Setting Up the Oracles Network: The Oracles network will ensure that Lenfi leans on accurate information and at optimal condition. 🌟 As we approach the launch of Lenfi V2, your involvement is crucial for making the event even more special. Stay tuned and join us in leaving a mark in the history of Cardano DeFi!
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On the recent news, in order to protect our users we have made decision to remove #DANA token from our platform! Stay Safe! 🙏
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🥳 We are humbled and grateful to announce that our P2P lending app has reached a new TVL all-time-high of over 7 million ADA! Get your loan now: app.aada.finance/market #Cardano #CardanoCommunity #ADA
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📣 Meet current Aada Family! 💼 Collateral Assets: ADA, AADA, MIN, LQ, COPI, DJED, WMT, SHEN, WRT 💸 Borrowable assets: basically all the tokens you might need 💪 Utilize your favourite Cardano tokens potential with our diverse range of tokens #CardanoCommunity
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✌️AADA token holders: we have two governance proposals that passed forum voting and are going to the on-chain voting Add $BANK and $CHRY as borrowable assets to Aada 🗳 Proposals: governance.aada.finance 📆 Time: Epoch 416, 4th-9th of June 📍 Voting: app.aada.finance/governance
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🟣 July 10th, on Monday, you will get an interface to interact with Lenfi protocol! We want to make it very clear - this is a part of development. In this period we will test systems at scale, will collect valuable feedback and see what matters to users. We already know that some parts won’t be working, and we are fine with that. We will be adding features gradually, manipulating situations and fixing pieces all along. That’s the process. To give you examples what you won’t be able to do: - When you will create a pool. You won’t be able to delegate the Pool to SPO. Feature to delegate will be introduced later. - Oracle prices. To have fluent testing Oracle NFTs are minted with long expiration date (150 days). This mean protocol will foolishly assume token prices are correct, while on Minswap (Pre-Prod) they will be different. We will allow to update it later on. - You won’t be able to liquidate the loan using UI. Bot’s will be able to do it. - You won’t be able to destroy the pools. These are the few larger things. There are smaller that does not work mentioning or we have not found yet. 💜 We will ask you kindly to participate in the Testnet and help us to build the Lenfi protocol, and hopefuly, have fun all along
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💜 Another week another transition from Aada to Lenfi 📄 We're thrilled to announce the release of our highly anticipated lightpaper for our pooled lending platform - Lenfi github.com/aadafinance/mater… Stay tuned for other updates! 🟣 t.me/lenficommunity
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🤜 The biggest, the most intense, the closest voting so far to decide $SNEK question ⏰ With just more than 10 hours left to vote we still see this close battle If you haven't voted: ▸ app.aada.finance/governance ▸ Ends with an end of Epoch 425, today 21:45 UTC
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🥉 We have performed the third largest crypto lending growth in the last month (source @DefiLlama) And with that note, we also crossed >$2M TVL on #Cardano What are your thoughts @IOHKMedia , @Cardano_CF and @IOHK_Charles?
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Consistency beats hype, always. Right now, we encourage everyone to explore our P2P lending app - a solution we’ve been building, testing, and perfecting for 3 years. It’s fully operational, reliable, and supports all tokens approved by Lenfi governance. Our time will come. When you least expect it. Never underestimate Lenfi.
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🔍 Audit update: The completion of our audit is now expected within the next 1-2 weeks. This slight shift in schedule is part of our commitment to ensuring the highest standards of security and performance for our users on #Cardano 🔐Thank you for your understanding and continued support #Lenfi!
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✅ Chang HF by Lenfi ▸ No downtime ▸ No issues
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Updated Desktop UI 🖥️ ▸ Recent transactions history 🔄 ▸ Utilization Rate graph 📈 ▸ Total borrowed volume indicator 📊 ▸ Updated fonts on pools page ✏️ ▸ Liquidation price displayed for user loans 🔎 We hear you 👂
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🎉 Only 18 days ago, we celebrated reaching 8M ADA TVL. Today, we're thrilled to share that we've now surpassed 10M! 💪 We're grateful for this milestone, but we're not stopping here. Let's keep working hard and moving forward together.
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Scenario... Year 2024, you wake up, eat breakfast. Time to turn on your laptop. You want to check your loans at lenfi.io . You choose one of your wallets to connect. Loans... All healthy. Today is going to be a good day. Can you imagine yourself doing that?
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📈 Maximize Your Earnings with the upcoming #Lenfi V2! Stake your ADA for a steady ~3% return, OR supply it to Lenfi where the potential earnings can be higher 🌟 Why settle for less when your crypto can do more? Explore the difference with us #CardanoCommunity #Lending #DeFi
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🎁 To reminisce our partnership with @wingriderscom, we are making this NFT giveaway for our Twitter community Winner of this giveaway will be chosen out of those who: ✅Follows @AadaFinance ✅Retweets this image ✅Tags his $ADA buddy 📆Draw will be on 11th of January
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working on: decentralized lending protocol on Cardano working on: decentralized lending protocol on Cardano working on: decentralized lending protocol on Cardano working on: decentralized lending protocol on Cardano working on: decentralized lending protocol on Cardano working on: decentralized lending protocol on Cardano working on: decentralized lending protocol on Cardano working on: decentralized lending protocol on Cardano working on: decentralized lending protocol on Cardano
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June Hardfork on Cardano will present numerous important upgrades which will improve this blockchain This month, we will launch our dApp, firstly on testnet, then on mainnet. Our goal is to present functionality to DeFi ecosystem
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🫡 Most intense voting so far! A reminder to vote, $LENFI holders: app.aada.finance/governance 📅 Voting will end with the end of Epoch 425, July 24th, 21:45 UTC
Hey @LenfiOfficial community 👋 Our team loves LENFI platform and we think adding $SNEK as collateral would be a major benefit to both communities : -Significantly more TVL -More exposure to the protocol -Less $LENFI collateral asset dominance (90% currently) -Thousands of $SNEK users trying LENFI platform for the first time -Volume going to $LENFI instead of competing lending protocols We will also create informational videos on how to use $LENFI to our 15,000 holder community with safety measures in place such as 3.0+ health factor Let's unite and build together 🚀 $SNEK 🐍
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📢Attention! We are extending invitations to all projects interested in establishing their own liquidity pools on @LenfiOfficial Official V2 before its public launch. With Pool Manager NFT, you'll have control over these pools. Reach us out for details!
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We've climbed to #5 in TVL on the Cardano network, as featured on @DefiLlama! 💜 Every step forward is a testament to our vibrant community's support. We're on this incredible journey together. Check the Cardano TVL here: defillama.com/chain/Cardano
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❓ Peer to peer lending? ‼️ Yes, you heard it right. We will launch the first version (V1) of our protocol in early May 📅 💎More information will seek this week!
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🚨 New Assets + Governance Voting Incoming! 🚨 ✅ $HOSKY now live as Collateral & Borrowable ✅ $GLITCH and $rsERG added as Borrowable 🗳️ Upcoming Vote next epoch (Epoch 560) Add $BODEGA as Collateral/Borrowable Add $TITAN as Collateral/Borrowable Cast your vote 👉 app.aada.finance/governance
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💻 In case you missed it: Our V2 code has been open-sourced. It's a straightforward, yet significant step in our commitment to transparency and collaboration Take a look at what's under the Lenfi Pooled Lending hood 🔗 github.com/lenfiLabs/lenfi-s…
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💪Is this the first glance of our pooled lending working mechanism? We don't know, you need to read the article. 📢Shoutout to @aiken_eng for helping to push our ideas through in the speed we want! medium.com/@aada.finance/aad…
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💎As part of @Cardano ecosystem we value decentralization. We ask our community to take their right to vote on @SundaeSwap governance of adding rewards for AADA/ADA liquidity mining pool rewards. Feel free to vote here forum.sundaeswap.finance/
Who's ready for #SundaeSwap community governance? 🏦🍨 Read the article below to learn more about our plans to move towards shaping a robust SundaeSwap DAO, and how we plan to implement sophisticated governance in the near future! 💪 sundaeswap-finance.medium.co…
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📌Strategic Partnership Announcement Aada welcomes 🤝 @COTInetwork Stablecoin pairs are crucial for every fully working DeFi platform. We see our collab with COTI as a core part of our growth. 💎 Aada Finance links: linktr.ee/aadafinance link.medium.com/O0an0zYuPnb
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We are happy to share our proposal for the Cardano Project Catalyst: 🟣 Lenfi contracts are written in @aiken_eng 🟣 They will be open source Please give support and feedback: cardano.ideascale.com/c/idea…
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🎉We want to invite users of $rsERG, $SPLASH, and $NVL to utilize their tokens on Lenfi (both P2P or pooled versions) Thanks to the recent governance voting results, these tokens are now available for lending on our platform 🌟 Dive in and maximize your DeFi experience
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Lenfi P2P - November 2023 Statistics 🟣 Token spotlight once agains goes to $SNEK from @snekcoinada , $SNEK was most used collateral this month 🟣 76,559 ADA Interest was paid in November 🟣 Average loan size: 6,870 ADA 🟣 To borrow $VYFI users has been paying 63.40% APR 🔒 Your P2P action is at app.aada.finance #Cardano #CardanoCommunity
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Borrowing Use Cases 🧵A quick thread on how you can leverage your Cardano Native Tokens to grab opportunities in token sales. We will talk about recent @butaneprotocol sale (Congratulations by the way 💜)
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We want to assure everyone that the P2P lending version on app.aada.finance is operating perfectly, just as it has for the past 2 years. Everything is functioning as intended—reliable and consistent. ✅
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ADA in an ETF? That’s cool, but can an ETF earn interest on its holdings? We’ll stick to lending our ADA on Lenfi.
🚨 BREAKING: Grayscale files for spot Cardano $ADA ETF with NYSE.
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💜 Our priority is keeping user funds SAFE Keeping funds safe is the most important thing before going on Mainnet Once we launch our app, it would be incredibly hard to update smart contracts, thats why we are taking all means to do it before the launch Stay tuned 😜
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Remember $LENFI Buy Back Mechanism? ✅ 20k $ADA staking rewards has been converted to 6201 $LENFI What are we going to do with that $LENFI? Proposition #1: Distribute $LENFI in LENFI/ADA pool in Lenfi V2 through certain time of period as rewards Proposition #2: Double up the $LENFI (from Treasury) and distribute them through Minswap as liquidity mining rewards Share your thoughts here, on Telegram, or in Discord, we hear you all 👂
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☀️ Good morning #Cardano
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We believe this announcement didn't receive enough attention, so we repeat ourselves: ‼️ Lenfi SDK is available! ‼️
We present you first part of Lenfi SDK Build DeFi apps interacting with Lenfi on Cardano with ease Create transactions like Deposit, Withdraw, Borrow, Repay, and Liquidate. NPM: npmjs.com/package/lenfi-sdk Deno: deno.land/x/lenfijs@v0.0.5 GitHub: github.com/lenfiLabs/lenfi-s…
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⚡️ Batcher-less experience? We got you. Our newest Testnet version is introducing a direct user-pool interaction. Experience a seamless and transparent process. ✍️ Write down in comments what other updates has this testnet.lenfi.io update brought?
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📍Welcome to Aada! Our platform now offers P2P lending, where borrowers and lenders interact directly through smart contracts. But we're working towards Pooled Lending for even more flexibility and transparency. 🧘Get ready for the future of transparent lending with Aada!
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📊 Lenfi (currently Aada app.aada.finance) P2P review of July 2023 Key points to take out of this month: 🟣 Average loan size increased (6.6K ➡️ 8.4K) 🟣 Volume increased (4.0M ➡️ 5.7M) 🟣 $SNEK from @snekcoinada took collateral position seriously by immediately locking up 4.6M ADA worth of $SNEK #Cardano #CardanoCommunity
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Just going to leave this here... GO DECENTRALIZATION #DeFi #cardano #lending
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💜 24 hours have just elapsed when we went live with testnet.lenfi.io/ on Testnet with Pooled Lending In picture we show some stats from our first day We are getting lots of feedback and we are very grateful for that. Work here doesn't stop and every opinion matters 💜
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Thanks to @MinswapDEX you can track now #AADA price feed on @CoinMarketCap !
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A warm welcome to the newest additions of Lenfi family! 🔓 Unlocking the potential: Now you can borrow tokens by using your $iUSD and $IAG as collateral Get ready for even more options as $ENCS $OPT and $GENS join our wide list of tokens available for borrowing #Cardano #defi
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Short question: Have you visited lenfi.io/ already?
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😋 $SNEK (@snekcoinada) and $IAG (@IagonOfficial) are available to borrow. Make your moves, on app.aada.finance/ #ADA #CardanoCommunity
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⭐️ Everyone, everyone, everyone - this announcement is for $AADA holders It's time to vote! Two proposals are up for you, $CHRY from @Cherry_Lend and $BANK from @BankercoinAda , both to be added as an assets for borrowing 📆 You have time until Friday 📍app.aada.finance/governance
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We have a proposal to add USDM (@MehenOfficial) as collateral to our protocol USDM is the most liquid stablecoin on Cardano with over 10m ADA TVL 🌟 If we reach 100 votes, it moves to on-chain voting 🔗 Join the forum and cast your vote: governance.aada.finance/t/pr…
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Thats how the Top 4 projects by TVL on #Cardano looks like @MinswapDEX better get ready, we will come to you 😤 #Lending #For #Everyone #DeFi
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Announcement: Important Note to Borrowers on Lenfi V2 We are closely reviewing our current systems and may need to take measures that could affect outstanding loan positions in the coming days. To avoid any potential complications, we strongly encourage borrowers with active loans on Lenfi V2 to consider settling their balances as soon as possible. We understand that circumstances vary for each user, but prompt repayment now may help you prevent disruptions to your lending and borrowing experience. If you have any questions, our support team is available to assist. As always, we appreciate your cooperation and understanding.
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🤔
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📊 Lenfi (currently Aada app.aada.finance) P2P review of June 2023 Key points to take out of this month: 🟣 Average loan size increased (6.1K ➡ 6.6K) 🟣 Volume increased (3.5M ➡️ 4.0M) 🟣 $MIN token from @MinswapDEX was actively used as collateral, collecting total 847K worth of ADA in $MIN 🟣 $ADA stays the most borrowed token with almost 4M borrowed #Cardano #CardanoCommunity
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Since July 2023 on Lenfi: - Volume of accepted loans 30,628,903 ADA - Interest paid 838,420 ADA Please don't share made up numbers.
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Diving into the Future of #DeFi Lending with LenFi V2! Uncover how 'Pool Managers' are changing lending pools on #Cardano Our latest Medium article explores this approach to crypto loans 🔐 Ready for a decentralized leap? link.medium.com/RkyT2Y33qGb
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💳 This is the Lenfi Treasury wallet: $lenfi.treasury All funds in this wallet can only be moved with the approval of Lenfi DAO, ensuring transparency and alignment with the community’s governance decisions This is our governance: governance.aada.finance/
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Our TVL keeps growing—and it's in ADA, not USD! 💪 Currently, we’ve hit an impressive $22.25M ADA in value locked at app.lenfi.io Thank you to our amazing community for the continued support! 📈🔥
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🤔Do you think we should use @hoskytoken as collateral on our peer-to-peer lending launch?
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🗳 A proposal for new collateral has passed the forum voting, prepare your $LENFI for the next voting $IAG from @IagonOfficial : governance.aada.finance/t/pr… 📸 Snapshot will be done one time in Epoch 426 📅 Voting will take place in Epoch 427 ( July 27 - August 3 )
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💰In order to be more transparent we have distributed $AADA tokens according to our tokenomics Our goal is to be reliable financial platform/partner on Cardano blockchain, and transparency is one of the key elements 🔹Check wallets here: aada.gitbook.io/aada/aadanom…
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📢 USDM has been added to Lenfi ( app.lenfi.io/ and app.aada.finance/) 🎉 You can now create pools and requests where this stablecoin is collateral Start leveraging USDM from @USDMOfficial today
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Unveiling Cardano's lending capabilities to a wider audience 🤓 cointelegraph.com/news/how-t…
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