Malda (prev. Mendi Finance) is the first Unified Liquidity Lending to deliver a seamless lending experience across Mainnet & L2s.
MaldaThe Road to Recovery
In the past 8 weeks we have been working day and night, collaborating with a wide range of parties from partners to security firms to create Malda’s recovery plan: Operation Phoenix. This recovery plan outlines how we will make affected users whole again, while laying the foundation for Malda’s long-term success. We would like to express our gratitude to the community for their patience and trust, as well as our partners for their continued support and advisory behind the scenes. This is a re...
MaldaGovernance Round
The Governance Round is Live!Mendi Finance | Governance RoundThe Governance Round. Empowering $MENDI stakers to deepen involvement & get an early hand in the 1st Unified Liquidity Lending.https://mendi.financeThe Mendi Finance DAO has passed a vote to upgrade the protocol and become the first Unified Liquidity Lending (ULL) protocol in DeFi. ULL elevates itself above the current “legacy” lending model by creating a truly unified pool of liquidity connecting Mainnet and L2 chains together seam...
MaldaMigration Clarifications
There have been a lot of speculations going on in the community that we need to address and add further clarifications. The Malda tokenomics DAO proposal was accepted by the community in a 2 week long public governance process (RFC + MIP), plus in advance of the RFC the core team has collected feedback from key community members. We answer questions and clear misunderstandings below. Community-held MENDI is currently 83.4% of the circulating supply. After migration community-held MENDI holder...
MaldaThe Road to Recovery
In the past 8 weeks we have been working day and night, collaborating with a wide range of parties from partners to security firms to create Malda’s recovery plan: Operation Phoenix. This recovery plan outlines how we will make affected users whole again, while laying the foundation for Malda’s long-term success. We would like to express our gratitude to the community for their patience and trust, as well as our partners for their continued support and advisory behind the scenes. This is a re...
MaldaGovernance Round
The Governance Round is Live!Mendi Finance | Governance RoundThe Governance Round. Empowering $MENDI stakers to deepen involvement & get an early hand in the 1st Unified Liquidity Lending.https://mendi.financeThe Mendi Finance DAO has passed a vote to upgrade the protocol and become the first Unified Liquidity Lending (ULL) protocol in DeFi. ULL elevates itself above the current “legacy” lending model by creating a truly unified pool of liquidity connecting Mainnet and L2 chains together seam...
MaldaMigration Clarifications
There have been a lot of speculations going on in the community that we need to address and add further clarifications. The Malda tokenomics DAO proposal was accepted by the community in a 2 week long public governance process (RFC + MIP), plus in advance of the RFC the core team has collected feedback from key community members. We answer questions and clear misunderstandings below. Community-held MENDI is currently 83.4% of the circulating supply. After migration community-held MENDI holder...
Malda (prev. Mendi Finance) is the first Unified Liquidity Lending to deliver a seamless lending experience across Mainnet & L2s.
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Mendi Finance will rebrand to Malda this Thursday (Feb 20th). This marks another major step in our transition, here’s a look at the changes that will be introduced in the rebranding.
New Name on Socials (ie: X, Discord, DeBank, etc.): Malda (prev. Mendi Finance)
Tag: @malda_xyz
NOTE: We are in contact with X/Twitter support to minimize downtime of our verified checkmark.
Your lending and borrowing positions are unaffected by the migration—Mendi contracts will remain live forever.
When Malda mainnet launches, you’ll have the option to migrate. Keeping your positions open until then is beneficial, as migration will be incentivized on a time-weighted basis.
A migrator UI will be provided to facilitate a simple migration. mendi.finance frontend will remain available for the foreseeable future.
$MENDI will remain tradable on the market until the $MALDA TGE. $MENDI to $MALDA migration will officially take place at $MALDA TGE.
$MENDI and staked $MENDI can be migrated over directly, eliminating the need to unstake before migrating.
Staking rewards won’t be affected at all until Malda mainnet. After the Malda mainnet, stakers will continue to receive oLYNX rewards (according to RFC 11) and boosted Malda points.
Expect TGE to happen a couple months after Malda mainnet launch.
$MENDI trading will remain live until Malda TGE, along with Bribes on Lynex pool (according to RFC 11).
LP providers will be notified in timely manner to withdraw their liquidity before the POL is withdrawn (which will only occur at $MALDA TGE). $MALDA TGE is expected to happen couple of months after Malda mainnet launch. After withdrawing their LP, users can manually migrate their $MENDI tokens to $MALDA and then re-add their LP for $MALDA.
As always, we are open to any suggestions on this matter on Discord, for more convenient solutions.
Mendi Finance will rebrand to Malda this Thursday (Feb 20th). This marks another major step in our transition, here’s a look at the changes that will be introduced in the rebranding.
New Name on Socials (ie: X, Discord, DeBank, etc.): Malda (prev. Mendi Finance)
Tag: @malda_xyz
NOTE: We are in contact with X/Twitter support to minimize downtime of our verified checkmark.
Your lending and borrowing positions are unaffected by the migration—Mendi contracts will remain live forever.
When Malda mainnet launches, you’ll have the option to migrate. Keeping your positions open until then is beneficial, as migration will be incentivized on a time-weighted basis.
A migrator UI will be provided to facilitate a simple migration. mendi.finance frontend will remain available for the foreseeable future.
$MENDI will remain tradable on the market until the $MALDA TGE. $MENDI to $MALDA migration will officially take place at $MALDA TGE.
$MENDI and staked $MENDI can be migrated over directly, eliminating the need to unstake before migrating.
Staking rewards won’t be affected at all until Malda mainnet. After the Malda mainnet, stakers will continue to receive oLYNX rewards (according to RFC 11) and boosted Malda points.
Expect TGE to happen a couple months after Malda mainnet launch.
$MENDI trading will remain live until Malda TGE, along with Bribes on Lynex pool (according to RFC 11).
LP providers will be notified in timely manner to withdraw their liquidity before the POL is withdrawn (which will only occur at $MALDA TGE). $MALDA TGE is expected to happen couple of months after Malda mainnet launch. After withdrawing their LP, users can manually migrate their $MENDI tokens to $MALDA and then re-add their LP for $MALDA.
As always, we are open to any suggestions on this matter on Discord, for more convenient solutions.
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