FAQ

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 here.

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.