☁️ A decentralized lending and borrowing protocol built on the Cardano blockchain leveraging NFT bonds 🏷️ Links: https://xitter.cf/t.co/eZwweO0kWB
LENFI
Joined June 2021
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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!
🗳️ It’s time to vote!
Make your voice heard and help shape the future of Lenfi. Governance is live.
Visit app.lenfi.io/governance to review proposal and cast your vote.
Voting is exclusive to $LENFI holders.
Let’s build together.
Lenfi retweeted
Voting is live! Are you ready to shape the future of Cardano's OG lending and borrowing protocol?
@LenfiOfficial community, the time has come to vote with your wallet on-chain, in what is the protocols most important governance action to date! You can vote now: app.lenfi.io/governance
Transfer Lenfi DAO & Project Assets to a Multisig Wallet & Community Custodian...
Currently, the Lenfi DAO treasury and LP tokens are managed by the Lenfi team. The X account, branding, domain, source repositories and other assets are also held by the team under their Lithuanian entity...
This centralization of control presents potential risks to the team/core contributors, ongoing protocol operations/development and the Lenfi community as a whole limiting it's involvement in defining the projects future...
After an initial off-chain governance vote, the Lenfi community acknowledged the proposals alignment with the DAO’s commitment to decentralization, progressing the governance action to a final on-chain LENFI token weighted vote...
So what are you voting for?
By voting in favor of this proposal you support the following actions:
🔹Transfer the Lenfi DAO assets to a 2/4 multisig wallet controlled by 4 community-elected key holders (detailed within the proposal). This includes the treasury containing 120,000+ ADA, 14,370,000 LENFI and 358,121 ADA LP position.
🔹 Share the digital keys/passwords with Neo (Lenfi community manager) and signing rights to him as an interim custodian. This includes: Lenfi official X account, Lenfi source repositories, Lenfi domain, branding and other assets associated with the project.
🔹Explore the setup of a Lenfi Wyoming DAO LLC so that the protocol can operate with less personal risk to the team & core contributors.
This shift not only secures the DAO and the projects valuable assets but crucially will empower token holders to actively participate in shaping Lenfi’s strategic direction moving forward.
The on-chain vote is now live and will close Jun 29, 2025, 10:45 PM GMT...
The most battle tested OG Cardano DeFi protocol is about to take a major step toward decentralizing its community controlled governance!
Vote here: app.lenfi.io/governance
🗳️ Proposal: Transfer DAO Assets to a Multisig Wallet
A step toward decentralization—moving treasury & LP tokens from team custody to a 2-of-4 multisig with trusted keyholders.
Not a team change, but a shift to community-led governance.
📎 Read & vote: governance.aada.finance/t/pr…
New Proposal Live: Temp Check
Should DAO assets be transferred to a multisig wallet custodian?
This is a big step toward improving transparency and operational control. Read, discuss, and cast your vote now:
📎 governance.aada.finance/t/te…
Yeah, we said USDM instead of iUSD.
Forgive us - 21% APR had us dizzy.
The name was off, the yield were not.
Disclaimer: We value all stablecoins equally - no favorites here.
21% APR on a stablecoin? Yes, please.
With app.aada.finance, you can lend your USDM and earn - right now.
No magic, no hype. Just real offers.
21% APR on a stablecoin? Yes, please.
With app.aada.finance, you can lend your USDM and earn - right now.
No magic, no hype. Just real offers.
🗳️ Checking in on the votes
All proposals are currently seeing over 94% YES ✅
A strong signal from the community for the need of those tokens @BodegaCardano @Titans_33
🕘 Voting ends on June 4, 2025 at 9:45 PM UTC
Make sure your voice is heard: app.lenfi.io/governance
Why settle for ~2.6% staking rewards when you can earn 6–16% APR through lending?
With app.aada.finance, you have full control over your offers and terms.
Make your assets work harder for you.
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.
Real lending offers are available right now on app.aada.finance
Don't let your ADA or stablecoins sit in your wallet - put them to work and earn passive income.
Check the live loan requests and start lending today!
Lenfi retweeted
Lending is thriving on Cardano.
From peer-to-peer to pooled liquidity, protocols like @liqwidfinance, @LenfiOfficial, @FluidTokens, and @levvyfinance are redefining what self-custodied finance looks like.
We break down Cardano’s top lending platforms ↓medium.com/tap-in-with-tapto…
We're seeing more and more variety in loans - not just ADA
Check out these short-term USDM loans with great APRs
Available at app.aada.finance
Take a look and make your stablecoins work for you!
Make your tokens work for you! 💰
Use app.aada.finance to check available loan offers.
If you don’t see one the offer that fits your terms, create your own and start earning.
