LendFlare Review: Can You Safely Use Its Curve LP Loans?
LendFlare is described as an Ethereum lending platform for borrowing against Curve LP tokens. Its current availability, fees and audit details are unclear, so verify them before connecting a wallet or depositing.
By the SkyBitcoins review team · Updated
At a glance
LendFlare key facts
| Type | Decentralized lending platform |
|---|---|
| Chain | Ethereum |
| Collateral | Curve LP tokens |
| Loan terms | Described as fixed-rate and fixed-term |
| Liquidity route | Compound |
| Token | LFT |
| Audit listings | 2 listed; details unclear |
| Value locked | $1.14M−1.6% 7d |
| Updated |
LendFlare FAQs
What does LendFlare do?
LendFlare is described as offering fixed-rate, fixed-term loans against Curve LP tokens. Actual rates and loan terms are not published in the project details here, so you cannot assess the cost of a specific loan.
How do lenders supply funds to LendFlare?
The platform description says lenders supply liquidity through Compound and loans are paid out through Compound. LendFlare’s current operating status and deposit process are unclear, so confirm the app is active and verify the transaction details before depositing.
Has LendFlare been audited?
Two audits are listed, but their names, scope and findings are not identified. That is not enough to assess the contracts’ security; review the audit reports and confirm they cover the contracts you would use before risking funds.
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How we checked
Sources
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