what's Malda (formerly Mendi Finance)?
Malda, previously known as Mendi Finance, is a decentralized lending protocol designed to provide seamless access to financial services for individuals, institutions, and other protocols. It operates as a permissionless, open-source platform on Ethereum and its Layer 2 solutions, including Linea, enabling users to lend and borrow assets in a unified liquidity pool secured by zero-knowledge proofs. The protocol features a global pool of assets accessible across supported chains with a single interest rate, optimizing capital efficiency and user experience. By aggregating liquidity from multiple networks, Malda reduces fragmentation and enhances borrowing/lending opportunities without custodial risks, building on established DeFi primitives like those in Compound and Aave.
Protocol expanding from single-chain to multi-chain with ZK-powered Unified Liquidity Lending across Ethereum and L2s, while offering temporary high-APR dual rewards pool up to 188%.
contract
linea
Has a USDC/MENDI Classic Volatile liquidity pool on Lynex offering 5% APR.
Limited-time dual rewards pool offering up to 188% APR with bonus rewards ends April 2nd, featuring USDT, WETH, USDC, and WBTC pair options.
Announced migration from single-chain to Unified Liquidity Lending protocol across Ethereum mainnet and Layer 2s, featuring ZK tech for cross-chain verification and single-click execution. Governance round open for Mendi stakers.