The LENX Protocol is an omnichain Bitcoin liquidity market, using native Bitcoin and Frax BAMM to enhance BTC liquidity in DeFi. It introduces xBTC and XD tokens, allowing for both algorithmic and user-defined interest rates. LENX provides deep liquidity for xBTC pools, serving as building blocks for innovative BTC and BRC-layered protocols. The protocol supports instant withdrawals of native BTC for suppliers and customizable borrowing options for users, with no mandatory maturity dates. Core features include no liquidation risks, the absence of oracles for lending decisions, and interest accumulation mechanisms for both suppliers and borrowers.

LBP Page On Fjord Foundry

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LBP on Fjord Foundry. Details:<ul><li>Start Date: Jan 6, 2024, 8:45 PM</li><li>End Date: Jan 9, 2024, 9:00 PM</li><li>Project Token Release: 24,635,357 XD</li><li>Raise: 10 000 000 $</li></ul>

LENX

The LENX Protocol is an omnichain Bitcoin liquidity market, using native Bitcoin and Frax BAMM. 

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Liquidity protocol LENX has been rocked with fresh rumors of a potential rug pull, throwing the whole crypto community into confusion. According to recent reports from pseudonymous user AstroBoy and data from Etherscan, there has been a series of transfers involving LENX Finance founders, John Kim and another individual named Paul. LENX transfers $10 million […]

LENX XD

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LENX wallet drain sparks rumors of a potential rug pull