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 https://t.co/GMTAqinIJW to review proposal and cast your vote.
Voting is exclusive to $LENFI holders.
Let’s build together.
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: https://t.co/x9gW8Oyuie
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: https://t.co/x9gW8Oyuie
🗳️ 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: https://t.co/I2Iqg0eQod
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:
📎 https://t.co/O9xHojmCIO
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.
🗳️ 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: https://t.co/GMTAqinaUo
Governance Voting is Live!
Two new tokens : $BODEGA and $TITAN are up for vote to become collateral and borrowable assets on Lenfi
Voting is open until June 5th
Cast your vote now and help shape the future
@BodegaCardano @Titans_33
🚨 New Assets + Governance Voting Incoming! 🚨
✅ $HOSKY now live as Collateral & Borrowable
✅ $GLITCH and $rsERG added as Borrowable
🗳️ Upcoming Vote next epoch (Epoch 560)
Add $BODEGA as Collateral/Borrowable
Add $TITAN as Collateral/Borrowable
Cast your vote 👉 https://t.co/nfXDCI7OlD
Why settle for ~2.6% staking rewards when you can earn 6–16% APR through lending?
With https://t.co/pVjs8q6WuN, 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 https://t.co/pVjs8q6WuN
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!
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 ↓https://t.co/0UMbYO9ZSJ
We hear the feedback, see the comms, and appreciate everyone who continues to engage.
Our focus remains on providing a reliable and functional DeFi product.
https://t.co/zjeEt0OOFo is fully live, battle tested, and offers a wide range of lending and borrowing options.
We invite everyone to explore and use it to your advantage.
We're seeing more and more variety in loans - not just ADA
Check out these short-term USDM loans with great APRs
Available at https://t.co/pVjs8q6WuN
Take a look and make your stablecoins work for you!
@Hydrahedger Multi collateral – less secure, more volatile.
Our priority is user security.
We will enable multi collateral support once we are confident in its stability and security.
Make your tokens work for you! 💰
Use https://t.co/pVjs8q6WuN to check available loan offers.
If you don’t see one the offer that fits your terms, create your own and start earning.