Extrafi XLend
  • Welcome to XLend 🎉
  • Borrow / Lend
    • Concepts
    • Overview
    • How to Use
    • FAQ
    • Liquidations
    • Price Feed
    • Interest Rate Strategy
    • E-Mode
    • Isolation Mode
    • Risks
    • Parameters
  • Multi-Account System
    • How it Works
    • How to Use
    • FAQ
  • Security
    • Audits & Security
    • Risk Management
    • Backstop Solution
  • Governance
    • Governance Process
    • Execution of Proposals
  • Developer Resource
  • Brand Assets
  • Terms of Use
  • Roadmap
  • Glossary
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FAQ

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Last updated 5 months ago

Is the codebase forked or built from scratch?

At Extrafi XLend, our guiding principle is 'safety and user experience first'. To achieve this, we use a battle-tested codebase instead of building from scratch, allowing us to focus on accessibility and composability.

  1. The core liquidity protocol is a fork of Aave V3.0, with essential fixes and enhancements applied for added robustness.

  1. Our multi-account functionality is powered by the leading Account Abstraction (AA) solution - Coinbase Smart Wallet.

We’ve also developed peripheral contracts and overall UX enhancements to ensure a smooth, seamless experience across the product.

is the product audited?

Yes, while the original codebase has undergone multiple audits and verifications, we conduct a new audit before its launch. Check the report .

What is the difference between XLend and Extrafi LYF (Leveraged Yield Farming)

XLend is a liquidity protocol enabling users to borrow and lend.

Also, smart account integration paves the way for XLend to evolve into an open, composable liquidity protocol designed to enhance on-chain capital efficiency with intuitive inputs. Even in this early version, users can benefit from features like liquidation-free borrowing and one-click leverage within the protocol. Extrafi LYF focuses on its current use case, with a vision to enable flexible liquidity provision.

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