Exciting Times Ahead: Lendr’s V2 Release Process Begins!

Lendr.fi
2 min readMay 3, 2024

Preparing for Our V2 Launch

We’re thrilled to take a giant leap forward with the upcoming launch of our V2 protocol! As discussed in our article from last year, our team has been hard at work enhancing the capabilities and user experience of our platform.

In addition to the previously announced features from the article earlier this year (bridged reward tokens, DAO ownership, new RWAs), we are adding additional features that greatly enhance the protocol including:

  • Liquid staked real world asset tokens
  • Liquidity generation mechanisms
  • Redemption protection mechanisms
  • Multi-collateral support (liquid staking tokens, stablecoins, and more!)
  • A full dapp UI/UX rework (no more windows 98 UI)
  • Bug fixes related to wallet connection and redemptions
  • And more!

The testnet launch for V2 is scheduled for this month!

V1 Snapshot Complete

This would not have been possible without your support! A snapshot of all LendrR (LNDRr) holders and stakers has been taken. All V1 holders/stakers will automatically receive new V2 protocol tokens via airdrop!

In line with our previous announcements, we will begin closing support for the V1 protocol. We will be removing liquidity in preparation for the new token. The existing RWA tokens will remain backed with collateral and existing loan positions can be closed anytime.

Breaking New Ground with Partnerships

As we announced earlier this month, Lendr Network has joined the Avalanche Codebase Accelerator! This collaboration promises to boost our platform’s performance and scalability. Plus, keep your eyes peeled for more partnership announcements coming this month!

The Road Ahead

This pivotal moment marks the beginning of a more scalable and robust future for Lendr Network. We’re incredibly excited to move forward with you and will continue to share updates as we progress.

Thank you for your enthusiasm and trust as we charge ahead into a thrilling future of decentralized finance.

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Lendr.fi
Lendr.fi

Written by Lendr.fi

Fully decentralized real world asset (RWA) tokens representing any asset class. Diversify on-chain and use RWAs in DeFi.

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