Lendo.sg has Exciting News for 2022!
Lendo.sg is about to go through an exciting and radical transformation. We know that we haven’t updated our token holders recently, but that’s because we have been working hard behind the scenes with our associates and partners in Singapore to restructure Lendo and make it more relevant for the future. This new Lendo will be launched from Singapore.
First, we’re going to move away from centralized lending and borrowing and into decentralized finance (DeFi) protocols. This means moving onto a new blockchain.
Second, we’ll be burning all the old ELT tokens and reissuing tokens for a DeFi ecosystem. These new tokens will be much more valuable, and cheaper for transactions due to the new blockchain network, so we encourage our existing token holders to stay alert for a new whitelisting announcement in the coming weeks.
We’ll be bringing you more updates on this restructuring in Q1 2022, so please keep an eye on our social media channels as well as your e-mails!