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Lendefi Community Announcement: An Outline of New Developments and Initiatives

Published

5 years ago

on

The Lendefi Protocol introduces secured lending to give lenders much-needed confidence in a highly volatile crypto market. 

The project offers traditional and private lenders access to higher interest rates while shielding them from crypto market fluctuations. It also provides secure lending opportunities by eliminating any counterparty risk between the lender and borrower.

Lendefi works by guaranteeing lenders a variable interest secured by the liquidity provided on the decentralised finance (DeFi) ecosystem in top protocols such as Uniswap and PancakeSwap. On the other hand, borrowers benefit from a wide variety of supported digital assets to invest in by borrowing funds from the Protocol. 

The Alpha Version of the Lendefi Protocol is Complete!

The Lendefi Protocol is proud to announce the integration of new developments and initiatives geared toward adding value to the project.

For starters, the project has completed the development of the Alpha version of its Protocol as per the timeline provided on the Lendefi roadmap (i.e. by the end of Q1, 2021). The Alpha, a fork of Compound that integrates a custom borrowing component to facilitate undercollateralized lending, is now available on GitHub.

The project has engaged a new enterprise development team (DeepDive.Tech) to take the Lendefi Protocol from its current Alpha version to a much superior level. 

Deepdive.Tech has a strong track record of building smart, intuitive, complex blockchain solutions. They tap the latest technologies and industrial-grade practices to rapidly incorporate new ideas into their solutions, aided by their vast private legacy repository of blockchain and API solutions.

The Lendefi team will work closely with their new counterparts to deliver an Enterprise Grade solution built on the Binance Smart Chain (BSC). The decision not to deploy this Alpha version on the BSC blockchain stems from discussions between the dev teams, a ground up build.

A resolution was made to shift from ETH due to the high gas fees charged for transactions in the network. Mounting transaction fees on Ethereum undermine the ability of DeFi projects built on the blockchain to function efficiently/economically and provide an undercollateralised lending platform to various segments of the market.

BSC offers the most developed and cost-effective DeFi infrastructure outside of the Ethereum network. The chain’s viable costs across varied transaction scales give it the edge over ETH and allow Lendefi to deliver a ‘financially democratic Protocol’ that benefits the community in the long run.

Moving forward, the new enterprise development team will help Lendefi create a more interactive development model in the form of presentations and community voting. This approach will enable the project to tap into the diverse skill sets and industry knowledge within its communities. 

DeepDive.Tech and the Lendefi management team are also working on a whitepaper (to be released soon) that outlines how the Lendefi vision is transplanted and built into the BSC ecosystem.

More On the BSC Migration & PancakeSwap Listing

The Lendefi Protocol’s governance token (LDFI) is set to move over to BSC, allowing the community to take immediate advantage of the Binance Chain DEX ecosystem. The BEP-20 governance token will first be available on PancakeSwap, where an LP has already been launched. 

The BSC Bridge, which will allow the Tokenholders to convert their ERC-20 to BEP-20 (1 for 1), is almost complete and is scheduled for launch on April 5th 2021. 

Lendefi token holders will then be able to use the web dApp to swap their ERC-20 for BEP-20, with only having to pay the transaction fee. They will also need to bridge, which entails locking the LDFI token on one chain (ETH) and then unlocking it on another (BSC).

Migration Rewards For All Token Holders

As an incentive for community members to swap their tokens, Lendefi will be running a two-tier Migration rewards program to reward both legacy and new Token Holders.

The first tier will offer a prize pool of 20,000 LDFI BEP-20, randomly given to new BEP-20 holders that purchase from PancakeSwap.

The second tier of the program seeks to thank existing token holders who migrate LDFI from ERC-20 to BEP-20. These users will receive 10% capped at 100,000 LDFI in total rewards for the program. More details on the migration bonus program will be released soon. Stay tuned!

The Rebranding Effort 

The Lendefi management team has opted to take advantage of the imminent chain migration to rebrand Lendefi into something more aligned with the BSC ecosystem. 

The team has settled on the Lendefi Lion (LL) to represent the protocol, as it embodies self-sufficiency, pride, determination, leadership, grace and power, attributes that best describe the project. The new Lendefi Lion telegram stickers are available here.

Finally, the team has launched a new website (Lendefi.Finance) in line with the rebranding effort. The website design is minimalistic, easy to use, clean and organized. It also provides all the info stored with reputable 3rd parties and is primarily designed to host the Protocol application. 

Other Developments On The Protocol

The team has chosen Gitbook, a 3rd party centralized storage repository for the decentralized protocol, as the Protocol’s Wiki. The Gitbook will hold all relevant project info, links and How To’s for the project; access will be managed by DAO, which will act as the gatekeeper to the storage in the future.  

Other developments include the development of a new Staking program that will be released in the coming weeks. This feature will allow BEP-20 Token Holders to Stake their governance tokens and enjoy a lucrative annual percentage yield (APY). 

Lendefi has revealed that it will also be migrating its existing liquidity rewards program on Uniswap to Pancakeswap. The initial monthly rewards will be set at 10,000$ worth of LDFI.

Efforts are also underway to list Lendefi on CoinMarketCap and Coingecko. These listings will now be updated with new branding and circulating/total supply API feeds to ensure complete transparency about the token supply on a real-time basis. 

What’s more, Lendefi has secured a listing at a reputable centralized global exchange and is in the listing process’s final stages. Since the protocol now supports both ERC-20 and BEP-20 tokens, it will have more listing opportunities!

Help Create and Share Lendefi Content

Coming into April, the project will engage various promotional channels and begin to broadcast all that the Lendefi Protocol has to offer around a range of Telegram channels and other platforms.

The crypto community can also expect more informative articles on project developments and announcements to be posted on Medium, Twitter and Telegram.   

If you are interested in creating and sharing Lendefi content, please consider joining the Ambassador’s program or contact the new marketing manager here.

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Press Release

CF Blockchain Joins Hong Kong Web3 Festival as Secondary Exhibition Sponsor

Published

18 hours ago

on

March 30, 2026

By

Hong Kong, 30th March 2026 — Hong Kong Web3 Festivalis honored to welcome CF Blockchain as a Secondary Exhibition Sponsor.

CF Blockchain focuses on the authority and professional information and services of fintech, artificial intelligence, digital currency and blockchain industries.

Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group, is Asia’s premiere crypto conference since 2023. The previous editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

Web3 Festival 2026 has set the agenda for Web3 growth and innovation, focusing mainly on traditional finance and crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape.

Featured speakers include:

Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region

Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission

Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group

Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong

Lennix Lai, Chief Commercial Officer, OKX Global

Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs

Lily Liu, President, Solana Foundation

Joseph Chalom, CEO, Sharplink

Francis B. Zhou, CEO, Quantum Solutions

Abdelhamid Bizid, Managing Director, BlackRock

Phil Kang, CEO, ZR Financial Group

Yat Siu, Co-Founder and Chairman, Animoca Brands

Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC

Robert Lui, Deloitte China Hong Kong Digital Asset Leader; Member of Task Force on Promoting Web3 Development

DIAO Zhihai, Head of International Business of Wealth Management, CICC

Don Ng, Director, Digital Assets, China Asset Management (Hong Kong) Limited

Gavin Wang, Managing Partner & Chief Investment Officer, SNZ Holding & SNZ Capital

David Lee, Chairman, Global FinTech Institute

Min Lin, Managing Director, Head of Global Business Development at Ondo Finance

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026

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Press Release

ENI Announced as Gold Sponsor at Hong Kong Web3 Festival 2026

Published

4 days ago

on

March 27, 2026

By

ENI Announced as Gold Sponsor at Hong Kong Web3 Festival 2026

Hong Kong Web3 Festival 2026 is honored to welcome ENI as a Gold Sponsor.

Hong Kong, 27th March 2026 — The Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto conference since 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

Hong Kong Web3 Festival 2026 will take place from April 20 to 23 at Hong Kong Convention and Exhibition Centre. The previous three editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Web3 Festival 2026 ultimately will have up to 400 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from thousands of executives and corporate decision-makers in traditional finance and real economies. This enables the conference to be a high-level platform for in-depth dialogues and high-value connections.

As Asia’s premier crypto event, Web3 Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities.

ENI is an ultra-high-performance, modular L1 blockchain engineered specifically for hyper-scale commercial adoption. More information: https://eni.top

Get tickets: https://luma.com/hkweb3festival_2026

Be our partner: https://tally.so/r/w5YEbP

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Press Release

CoinPost Announced as Secondary Exhibition Sponsor at Hong Kong Web3 Festival 2026

Published

4 days ago

on

March 27, 2026

By

CoinPost Announced as Secondary Exhibition Sponsor at Hong Kong Web3 Festival 2026

Hong Kong Web3 Festival 2026 is honored to welcome CoinPost as a Secondary Exhibition Sponsor.

Hong Kong, 27th March 2026 — Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group, is Asia’s premiere crypto conference since 2023. The previous editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

Web3 Festival 2026 has set the agenda for Web3 growth and innovation, focusing mainly on traditional finance and crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape.

Featured speakers include:

Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region

Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission

Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group

Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong

Lennix Lai, Chief Commercial Officer, OKX Global

Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs

Lily Liu, President, Solana Foundation

Joseph Chalom, CEO, Sharplink

Francis B. Zhou, CEO, Quantum Solutions

Abdelhamid Bizid, Managing Director, BlackRock

Phil Kang, CEO, ZR Financial Group

Yat Siu, Co-Founder and Chairman, Animoca Brands

Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC

Robert Lui, Deloitte China Hong Kong Digital Asset Leader; Member of Task Force on Promoting Web3 Development

DIAO Zhihai, Head of International Business of Wealth Management, CICC

Chris Lee, Vice President, ETF China Asset Management (Hong Kong)

Gavin Wang, Managing Partner & Chief Investment Officer, SNZ Holding & SNZ Capital

David Lee, Chairman, Global FinTech Institute

Min Lin, Managing Director, Head of Global Business Development at Ondo Finance

CoinPost is Japan’s largest crypto news outlet. More information: https://coinpost.jp/ 

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3
journey: https://luma.com/hkweb3festival_2026

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