Lenfi
  • 🏠Lenfi Home
  • 💧Liquidity pools
    • Interest rate
    • Collateral
    • Protocol Fees
    • Protocol Parameters
    • Pool Manager NFT
  • 💬Price feeds
  • 🔥Liquidations
  • 🐞Bug Bounty
  • Lenfi V1 Protocol
    • ⏯️Lenfi P2P (Aada V1)
      • 🤔How to use the platform?
        • 📄Menu
          • 🏠Home
          • 🛒Market
            • ➕Create a request
            • 🕴️Being a Borrower
              • ⚠️Borrower risks
            • 🤝Being a Lender
          • 📎Dashboard
            • 💰Deposits
            • 💵Loans
            • 🖊️Liquidated loans
            • 💾Archive
      • ⚙️How does it work?
      • ⚖️Liquidation
        • Risk parameters
      • 🧙‍♂️Liquidation oracle
      • 🎫NFT Bonds
        • 🛒Marketplace
      • ⁉️Is it safe?
    • 🤖Platform use cases
    • ❓FAQ
  • Governance
    • 🧑‍🎓Governance
      • 🔗Voting power
      • 📜Governance Forum
  • Tokenomics
    • 🪙Tokenomics
  • Community
    • 🎤Announcements
    • 🥳Telegram community
    • 🥳Discord community
  • Document Links
    • 📝V1 Audit
    • 📃Whitepaper
    • 📜Lightpaper P2P
    • 📑Lightpaper Lenfi
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  1. Lenfi V1 Protocol
  2. Lenfi P2P (Aada V1)

How to use the platform?

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Last updated 1 year ago

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The V1 dApp is an alpha version of Lenfi lending and borrowing protocol built on the Cardano blockchain. Users can lend and borrow Cardano-Native Assets (CNTs) in a peer-to-peer manner using the platform's unique NFT-bond strategy. It introduces a new way of Web3 lender-borrower interaction in the form of transferable tokens representing the request and loan.

The following guide describes the fundamental features of the V1 app and how to use it. Bear in mind that the platform is subject to regular updates, and some inconsistencies with this guide may occur. Any changes in the underlying features will be promptly amended to keep the tutorial up to date.

You can track the changes to the V1 protocol in our #changelog section or the channel.

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