Cardano DEFI HEATS Up - Complete LENFI Pooled Lending Testnet Review!
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Lenfi is a decentralized non-custodial
Lenfi is a decentralized non-custodial lending and borrowing protocol built on the Cardano blockchain. It allows users to participate as depositors and borrowers in a peer-to-peer or peer-to-pool fashion. Depositors can provide liquidity by depositing funds with pre-set terms or to any of the liquidity pools to earn passive income. Meanwhile, borrowers can submit P2P borrow overcollateralized requests or use the liquidity pools to take an overcollateralized loan.
Lenfi Finance Website - https://lenfi.io
Lenfi Twitter - Twitter: LenfiOfficial
Medium - Medium: aada.finance
Lenfi Gitbook - https://lenfi.gitbook.io/aada/
Lenfi Telegram - https://t.me/aadacommunity
Lenfi Discord - Discord: discord
Lenfi Youtube - aadafinance
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Dapp Central is an educational channel, aiming to on-board new crypto enthusiasts into the space. The channel covers the latest news, reviews and tutorials surrounding the top projects in Cardano. If that interests you, then make sure to subscribe to stay updated! If you have any questions, then make sure to leave a comment down below. Thank you!👋
💌 Email: [email protected]
🐦Twitter: Twitter: dapp_central
🌐Website: https://www.dappcentral.net/
=============================================
The information discussed on this channel is not to be considered as financial advice. All of the content presented is for educational purposes only. Always make sure to do your own research and understand that cryptocurrencies are a new and emerging asset class.
===Video Content ===
00:00 - Intro
01:18 - Known Issues & Expectations
04:29 - Testnet Wallet & Test Tokens
06:36 - Testnet Interface Review
08:39 - Utilization Rates & Interest
10:06 - Creating Liquidity Pools
11:40 - Creating Loan Requests
15:35 - Liquidity Pool Tx Review
16:56 - Loan Request Tx Review
18:32 - Repaying a Loan Request
18:57 - Supplying Liquidity To a Pool
21:35 - Closing Thoughts
Lenfi Finance Website - https://lenfi.io
Lenfi Twitter - Twitter: LenfiOfficial
Medium - Medium: aada.finance
Lenfi Gitbook - https://lenfi.gitbook.io/aada/
Lenfi Telegram - https://t.me/aadacommunity
Lenfi Discord - Discord: discord
Lenfi Youtube - aadafinance
=============================================
Dapp Central is an educational channel, aiming to on-board new crypto enthusiasts into the space. The channel covers the latest news, reviews and tutorials surrounding the top projects in Cardano. If that interests you, then make sure to subscribe to stay updated! If you have any questions, then make sure to leave a comment down below. Thank you!👋
💌 Email: [email protected]
🐦Twitter: Twitter: dapp_central
🌐Website: https://www.dappcentral.net/
=============================================
The information discussed on this channel is not to be considered as financial advice. All of the content presented is for educational purposes only. Always make sure to do your own research and understand that cryptocurrencies are a new and emerging asset class.
===Video Content ===
00:00 - Intro
01:18 - Known Issues & Expectations
04:29 - Testnet Wallet & Test Tokens
06:36 - Testnet Interface Review
08:39 - Utilization Rates & Interest
10:06 - Creating Liquidity Pools
11:40 - Creating Loan Requests
15:35 - Liquidity Pool Tx Review
16:56 - Loan Request Tx Review
18:32 - Repaying a Loan Request
18:57 - Supplying Liquidity To a Pool
21:35 - Closing Thoughts
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