Lendefi is an innovative DeFi protocol that is emerging as a strong new entrant within the sector. The protocol delivers leveraged trading via secured undercollateralized loans and funds are protected through asset escrow within the protocol. Lendefi cuts the middleman out of the lending equation and eliminates counterparty risk between the borrower and lender through trustless transactions.Lendefi\u2019s Testnet Is Open For User Acceptance TestingLendefi\u2019s team has been working hard over the last few weeks to expedite the release of their testnet. In preparation for the testnet launch, Lendefi provided their community with the opportunity to register for participation in the testing process.Lendefi has now enrolled the first wave of testers and is pleased to announce that their public testnet is open. Enrolled testers are currently utilizing the testnet and stress testing the protocol for vulnerabilities within the codebase. Lendefi has implemented a feedback loop into the testing process which provides testers with an opportunity to provide input to the team. The intense testing process is a significant stepping stone toward the mainnet launch of Lendefi\u2019s protocol on the Binance Smart Chain (BSC).Testers were chosen from within the Lendefi community, where significant interest was expressed to join the testnet process. Due to the volume of responses from Lendefi\u2019s community, not all volunteers could be given the opportunity to participate in the code review. A small group of testers from the registrants were chosen as the first wave.Lendefi intends to share feedback from the testnet users with their community. Screenshots, videos and User Acceptance Testing feedback may be shared. This will allow the wider community to provide input which can be used to refine the Lendefi protocol.A Detailed Look at Lendefi\u2019s TestnetLendefi launched their testnet after initial development by Blockchain Labs Asia and the integration of third party audit recommendations. This was\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Lendefi is an innovative DeFi protocol that is emerging as a strong new entrant within the sector. The protocol delivers leveraged trading via secured undercollateralized loans [...]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/posts\/5105"}],"collection":[{"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/comments?post=5105"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/posts\/5105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/media?parent=5105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/categories?post=5105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/tags?post=5105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}