LENX (¤,X) | BTC Stablecoin & Lending

Native #Bitcoin Liquidity Protocol
Backed by @fraxfinance

@FjordFoundry
LIVE NOW

🔗 Docs: Discord:

[LENX (¤,X) | BTC Stablecoin & Lending @LENXFinance]

$XD Airdrop is now Live for holders.

You can claim here: https://t.co/xV306tvI0C

[LENX (¤,X) | BTC Stablecoin & Lending @LENX_Finance]

At launch, we faced a minor hiccup during our LP deployment.

We're dedicated to transparency and have already implemented stronger risk management measures.

Read our incident report for more info on reimbursements for routing errors and Buy Backs:
https://t.co/kkpUN9d32r

Back to building.

[Bitget Wallet 🩵 @BitgetWallet]

There are some new listings in town on Bitget Swap!
$XD, $BONG, $TROLL
@LENX_Finance, @BongCoinSolana, @TrollErc20

🎉 Surprise Event: New Bitget Wallet users holding these coins can sign up below to receive a $5 reward!
Join the fun here (or scan the poster's QR code): https://t.co/o10lmVDkJf

[LENX (¤,X) | BTC Stablecoin & Lending @LENX_Finance]

Analyzing the on-chain transaction with a follow-up Post-Mortem will take next day or two. Understandably, the sooner — the better.

The Post-Mortem will include:
Summary, Background, Details of the Issue, and Next Steps

We will focus on taking the necessary time to do this right.

Thanks for the patience, legends.

[LENX (¤,X) | BTC Stablecoin & Lending @LENX_Finance]

XD Token Contract
0x3005003BDA885deE7c74182e5FE336e9E3Df87bB

UniV3 Pool is open with $3M in liquidity.

Currently, XD is paired with WETH;
the liquidity will gradually migrate to XD/FRAX

[LENX (¤,X) | BTC Stablecoin & Lending @LENX_Finance]

Thank you for the patience.

We are assessing everything holistically to make a decision on what's right for moving forward to build for the next decades.

Please help us with feedbacks and your thoughts on how to compensate the community in whole.

We want to make sure the community will be remediated from this mistake:

https://t.co/hqkxvOPDZ4

[LENX (¤,X) | BTC Stablecoin & Lending @LENXFinance]

We are thrilled to announce that $XD Airdrop is now Live.

Claim here: https://t.co/omzJga6XDt

[Pedro 🇵🇹 @pdrsm79]

Live on Sushiswap ❗❗
Up only 🫶 @LENX_Finance

[Bob606 @Joyo920]

Bought some $XD @LENX_Finance Remember Ordiswap PA after the LBP? Same gameplan here

[ITAINTMUCH MAN @itaintmuch_eth]

The homie @themmucko just put me on game so I aped the @LENX_Finance public sale.

This one should run as long as the $XD boys don’t fumble the initial LP. 🫡

MAX SEND IT

[LENX (¤,X) | BTC Stablecoin & Lending @LENX_Finance]

As you know, NFT market crashed shortly after.

Even though we had an audited and well-built product, it didnt take off. At this point, we were on survivor mode - the bera market wiped out so many builders and protocols.

We just wanted to survive.

We went to a chain, called @Neo_Blockchain to receive a grant and build Perlin Finance. However, we faced critical issues with security, as the smart contracts had to be written in C#. https://t.co/n3rJdoJQBs

[LENX (¤,X) | BTC Stablecoin & Lending @LENX_Finance]

Where We Are Headed Next
We are building for the following (in tentative sequence):

1. Bridge for native Bitcoin for xBTC minting and redemption (You can try this on our dApp now)
2. LENXSwap & LENXLend
3. xBTC Crosschain Compatibility
4. Automatic Market Operations with wBTC and FRAX
5. ██████

[LENX (¤,X) | BTC Stablecoin & Lending @LENX_Finance]

██████ is the core primitive of LENX to be disclosed for public at a later date.

With regards to questions you may have before the LBP ends, we will hold an AMA in 2 hours.

If you cannot make it then, we will have another one this week.

https://t.co/ib8gwMy6ft

Hope to see you everyone then.

Again, thank you for everything.

LENX is yours, truly.

[LENX (¤,X) | BTC Stablecoin & Lending @LENX_Finance]

Where We Came From
As many of you know by now, we are the team who pivoted several times before LENX.

We are used to rugpull protocols who come and go and never stick to the team and early supporters that "pivots" in DeFi is such a nascent concept.

LENX is different in that we never thought to abandon our earliest backers for the last 2 years. We never even thought to be anything else and not take accountability for the support we received.

[LENX (¤,X) | BTC Stablecoin & Lending @LENX_Finance]

With < 16 hours on @FjordFoundry LBP, we thank you for supporting this rollercoaster of a 3-day journey.

Not used to having this much support, we're cherishing every bit of it.

We want to address the most FAQ, so you guys have better understanding of LENX.

[Splin Teron @splinter0n]

Expecting SEC to approve a $BTC spot ETF?

Project for massive gains should be picked!

Be prepared for BitcoinFi 🧵👇

[defizard @belizardd]

9/ Originally, @LENX_Finance serves as a CDP protocol built on Bitcoin.

This is the first native liquidity protocol on Bitcoin that is backed by @fraxfinance and @zetachain.

[Stacy Muur @stacy_muur]

Frax is hands down one of my favorite Web3 protocols.

Could I have overlooked @LENX_Finance? No way!

Backed by the powerhouses @fraxfinance and @zetachain, they're bringing DeFi to Bitcoin with the first native Bitcoin liquidity protocol.

Deep dive ↓

[Finish 🏁 @0xFinish]

Now, let me explain what @LENX_Finance can do 👀

Because they aim to create an ultimate $BTC stablecoin, they have created the native BTC bridge that allows you to bridge BTC from one network to another using the ZRC-20 protocol.

[LENX (¤,X) | BTC Stablecoin & Lending @LENX_Finance]

Builders and ideas rise and fade in #DeFi.

Especially, last 2 years have been so tough for all of us.

If you're reading this, you'd know the ups and downs. It's not easy here, as everyone think as it is. Every piece has to be puzzle-fit to build a protocol.

The only reason we were able to build until now is the ethos that carried us from @fraxfinance and @samkazemian: Positive-Sums.

Today, we were able to pay our debt back. We will continue the legacy.
https://t.co/MbYUZqXt0T