Lendefi Development Updates

Published on: 20.05.2021

Lendefi pleased to announce their Major Protocol milestone and it shows the audit on June 14, Testnet on June 28 and Mainnet on July 12. They provide this community update as part of their commitment to deliver regular updates.

 

Infrastructure

  • Ethereum Bridge

The Ethereum-to-BSC bridge has now been upgraded to support dynamic fees and avoid future transaction delays.

  • Domain

Lendefi is moving the public site of its protocol to the domain lendefi.finance.

 

Protocol Development

  • User Interface Design

Work has begun on the integration of the community-voted branding of the web app into a wireframe design.

  • Protocol

The protocol and smart contract interfaces have now been fully defined. This will assure that they are using existing and audited code while accelerating our protocol development timeframe.

  • Web Interface

They have finished reviewing similar projects, to identify “best practices” for acceleration of the protocol’s development.

  • General

The sandboxes for their user interface and Solidity contracts have been created with all the necessary tooling’s, code validation, and automated quality checks etc.

 

About Lendefi Protocol:

Lendefi is an innovative DeFi platform that allows borrowers access undercollateralized loans to invest in crypto-assets and grow their portfolio.

 

INFO:

https://lendefi.gitbook.io/lendefi-finance/community-updates/19-may-2021

Market Stats:
BTC Dominance: 54.57%(+0.07%/24h)
ETH Dominance: 15.01%(-0.19%/24h)
Defi Market Cap: $86.02B(+0.87%/24h)
Total Market Cap: $2358.96B(-1.12%/24h)
Total Trading Volume 24h: $77.91B(-18.90%/24h)
ETH Market Cap: $354.18B
Defi to ETH Ratio: 24.29%
Defi Dominance: 3.47%
Altcoin Market Cap: $1071.72B
Altcoin Volume 24h: $47.69B
Total Cryptocurrencies: 29739
Active Cryptocurrencies: 9954
Active Market Pairs: 82122
Active Exchanges: 765
Total Exchanges: 8534
BTC: 65379.89$(0.08%/1H)
ETH: 2947.71$(-0.03%/1H)
AVAX: 34.48$(-0.2%/1H)
BNB: 570.39$(-0.19%/1H)
MATIC: 0.7$(0.37%/1H)
FTM: 0.8$(-0.81%/1H)
ADA: 0.46$(0.15%/1H)
DOT: 7.06$(0.48%/1H)
UNI: 7.28$(-0.37%/1H)
CAKE: 2.58$(-0.36%/1H)
SUSHI: 1.1$(-0.55%/1H)
ONE: 0.02$(-0.83%/1H)