DYOR Sources (External Links)
Tokenomic Summary
$LENFI
*Months before ~50% of tokens become liquid
Project Jurisdiction
Undisclosed
Project Description
Lenfi is a decentralized liquidity protocol built on the Cardano blockchain. The
platform delivers peer-to-pool mechanics by introducing a new paradigm in DeFi lending by
leveraging the Cardano eUTxO model.
While users can deposit and borrow assets from readily available pools, they can
become pool creators and managers. Moreover, suppliers and borrowers can trade or
transfer their positions by listing their NFT bonds in the dedicated marketplace.
That way, Lenfi utilizes the best practices from established liquidity protocols while
bringing a unique solution to decentralized financial primitives. The result is an efficient tool
for DeFi banking, which enables debt trading as a commodity in a permissionless and
trustless manner.