2. Officials will fill part of the funds into the lending pool after deployment, and fill it again 5 days later to observe the changes in the lending pool and ensure the safety of funds.

3. After the exchange, the user can exchange 1.1 times of the current LToken value for LEMD and send LEMD to the ERC20 address requesting the contract.

1. As it is temporarily impossible to judge whether the loan contract is safe or not, we decide to fill part of the fund to meet the user’s demand for withdrawing funds, so as to ensure that there will be no fund loss caused by security problems again.

2. Add an exchange contract. All users who fill in the form will be entered into the whitelist of the contract. Whitelist users can use LToken to exchange 10% discount LEMD token (ERC-20) with the current value, so as to facilitate users to quickly solve the fund problem.

3. Funds will be added to the loan contract periodically to activate the liquidity of the loan pool.

4. All work will be completed and deployed within the next week

Thanks , all the Lemonders!

We felt sorry for the unpleasant result. And as we promised, no loss would actually be borne by the participants.

Here goes our solution:

For those who are in urgent need of withdrawing assets, please kindly fulfill information via below link. We will contact you to get things solved.

https://forms.gle/sHgHFC2PqwBSdwqF7

Again, thanks a million to all the Lemonders!

We’ve been acting as detective to track and trace but was deemed as suspect while we are actually the victim as well.

But please rest assured no matter what happens we’re with you!

We’ve united exchanges and safety giants to trace the “thief”.

No matter this guy would be located or not, we will use our self-own capital to fill the gap of stolen amount prior to the result.

So, NO LOSS would actually occur to any participants of the pool.

Besides, handsome rewards have been prepared to anyone who gets the funds back or provides crucial clues.

Below are some details concerning the whole case.

Address initiated sneak:

0x43dE38133009D933e4c8F3537DC25dcEe539D6F7

UNI is not added to the initial asset pool but is in the planning pool which cannot be found from the website while visible from the contract side. The configuration of the contract was under optimizing from time to time, figures are not finalized or accurately set which provided the chance. Illegal transfers were then initiated by the Attacker.

Address for camouflage:

0x3cFcd601cda3457c40847865894F39B57dD6447d

Final address receiving tokens:

0xeb196a61f9a1e35bf5053b65aaa57c5541dcba86

The first Lemond AMA has been successfully held early today. For those who failed to participate, we summarized the whole AMA as below:

Time: 13.00 Aug. 20th UCT

Host: Lucana (Chief Coordinator of the community)

Guest: Ruby Grayson (in charge of operation), Luis Bruno (in charge of marketing)

*Lucana: Ruby, would you please tell us on what purpose Lemond chooses to hold this AMA?

Ruby: Well, Lemond is a community-driven project. For long, we’ve got fans from all over the world. We got truck drivers from Russia, Indonesia, India, China, Spain and more in the future. Really big family. We think it’s time to have a family reunion, so we are here. :-)

*Lucana: Thanks Ruby. So Luis, would you please share your view on what is the mission and sense of value of Lemond.

Luis: Wow, that’s really a BIG question. Just as the motto of Lemond goes : To ease the style of loan. We don’t want to follow the old school way of illustrating, we’d like to be stylish. Blockchain provides a big stage, a good place for crypto punks to realize their trendy concepts. Lemond aims to combine the serious function with interesting interaction. It won’t be a dull thing using traditional tools with fun experience. Be Serious and Stay Chic. That’s what we are. And will always be.

*Lucana: Fantastic answer from Luis. Like bringing in some fresh air. Thank you for sharing Luis.

So the next question goes to Ruby.

Ruby, would you please tell us on what purpose does Lemond choose to initiate deployment on OEC first.

Ruby: Though OKEX is a remarkable exchange for years, OEC is a young Chain. Just as Luis said above, innovation is our motivation. We like to hug new things and take new challenges. We see the variety and possibilities of OEC and we’d love to start our adventure from here. Instead of “doing business together”, we’d call it “grow together”.

There might be many stops in the future and wonderful landscapes along the road. But who knows. And that’s it, the beginning of a journey.

*Lucana: Thanks Ruby for the detailed info. Sounds like a story. LoL.

Ok, next. As we all know that loan is an path crowded with thousands of projects, big or small. So why does Lemond choose this aspect? Who would share the view on this? Ruby ? or Luis?

Luis: I’ll take this part. Borrow and lend is the basic demand of traditional finance. In DeFi, it is the same and even more frequently used due to easy access and all the other features brought by decentralized techs. To this extent, loan is like the infrastructure of DeFi world. And projects focusing on this part are playing roles as banks. Pretty cool isn’t it. As said previously Lemond always got desire to make improvements to important parts of traditional industry. So loan is a good choice to kick the ball in crypto off. Team members of Lemond are dynamic and innovative. A slight difference / optimization of a regular thing will greatly enrich the experience. You’ll find it in the future. For sure.

*Lucana: Very detailed sharing. So Luis, as you mentioned future. I would like to ask what would be focus of Lemond in the future. Near future to be exact. Think that’s what the community concerns most.

Luis: Good question. Loan will always be the focal point of Lemond. Besides this very basic and important part, we will explore new areas. Say NFT.

Lucana: Sorry to interrupt, does this mean that Lemond is going to issue its own NFT or sth?

Luis: Literally speaking, yes! LoL. Or to be clear, in progress. Actually we’ve planned this from the very beginning when we started Lemond. Guess it won’t be long before you can see’em. Or own them:-)

What’s more is that NFTs of Lemond are not only for collecting but also for utilizing, like depositing to farm or sth. Multi-functional to be frank.

*Lucana: Fruitful answer. Really enchanting. Think Lemonders can’t wait to see them. Ok, another question for Ruby.

As we could see from the plan and road map that Lemond has schedule to make multi-chain deployment. Would please share some details on this?

Ruby: Yes, definitely. It’s always on the schedule. Lemond ecosystem started on OEC and will be enriched via multiple chains, like BSC, Polygon, Solana, etc. Actually, we’ve been keeping in touch with teams from different chains to check feasibility and striking effects. In the future, you could expect a juicy and rich Lemond via different kind of chains. This would be a long procedure, surely and steady! And we will always keep an eye on those new ecosystems with promising potential, say once Doge upgraded to support smooth smart contract :-) Cardano might also be a choice in the future. Just take them for instances. LoL

*Lucana: Really big plan! And Ruby, as you and Luis mentioned innovation for times. Would you please shed some lights on what kind of aspect will Lemond present such innovation. Thanks.

Luis: Well, point-taken. To stand out of the crowd, to be trendy and stylish, we need be different. We’ve been exploring some chic directions. Take one for example. NFT Loan. Cool?

Lucana: And Sexy.

Luis: LMAO. It’s a big concept and got quite a lot problems to solve. But we think it’s a good direction and would like to make efforts in studying and researching in this part. And this is just one of those “innovative” and interesting aspects we are focusing. :-)

*Lucana: Thanks Luis for introducing this interesting content. Do hope we could see the cool and sexy function in the near future.

Now one last question for the first phase. One of the most frequently asked question by the community. The function of ERC-20 LEMD.

Ruby: Well noted. For this, please kindly note that the total amount of ERC-20 LEMD would be around 200M and won’t be more. There will also be abundant occasions for utilizing of ERC-20 LEMD, which means ERC-20 LEMD would be in a deflation mode in the following days. Detailed functional usage cases will be disclosed upon notification. And this also applies to other chains in the future as well. Though LEMD is juicy, it is for utilizing, not for tasting. LoL.

Questions by the community:

*Hello, does Lemond have any plans to cooperate with other projects?

Yes, a lot of co-ops on the way. We will expand our wallet partner and introduce more assets from valued projects to the loan part. And for NFT, we will seek possibilities with those trendy projects or artists for interaction.

*When can we use Lemond in TokenPocket?

We have been in contact with TokenPocket and will apply for official launch on their app once communicated smoothly. Won’t be long.

*When will the pools be open on Ethereum?

Hello, kindly note that there won’t be traditional pools on Ethereum. If there would be, then the pools must be innovative ones. And rest assured that occasions for usage of ERC-20 LEMD will be available in the future. Imagine that, 200M LEMD with important occasions of utilizing with deflation mode. Innovations and pilot experiments will be firstly done on Ether.

*Will there be more ways for Lemond to update information?

Yes. We will add new methods of info disclosure for Lemond V2.0 and update roadmap.

Besides notification via Twitter and Telegram, there will be monthly report via Medium

*How many NFTs in total will Lemond issue?

10,000 in total. Details to be available upon further notice.

*Is there any chance for erc20 lemd bridged to oec20?

This would depend on the official function on bridge. To a safety concern, any usage of bridge from third-party is of high risk. So let’s see in the following development.

*We notice there is a new page on the website. Please tell us what’s the whitelist for?

Whitelist is for the NFT drop. :-D 500 NFTs for free for the community. Check below link for the event.

https://lemond.money/new_lemond

*How about DAO? When will this be implemented?

As we mentioned at the very beginning. Lemond is a community driven projects. DAO for Lemond will be activated in the following days and then Lemonders would be able to decide the future direction of Lemond themselves.

*When will the NFT part be available?

The first batch of Lemond NFTs will be available approx. in early Sep.

*Hello, it seems Lemond met some problems on OEC, can you please let us know how would you solve these problems?

Yes indeed. We’ve got some hard times previously. As I said above, OEC is a young chain and Lemond is as well. We’d like to grow on it. But it’s true that we’ve got problems and we are very sorry for the unpleasant experience that Lemonders had previously. Now, we’ve enrolled more tech members and optimized our code strategy and explore new aspect. Things are looking up. All we gonna do is to step forward and realize it.

*When will Lemond be listed in new exchanges?

Luis: We’ve been contacted by variety of exchanges. Of course we will move on for this, especially top ones. Stay tuned for the surprise. LoL

*Do you plan to use a deflationary mechanism in the raging Lemond ecosystem with the burning of existing token emissions?

Might be. And might be more enchanting. Different kind of modes to be expected. Please stay tuned.

Thanks for viewing. Stay tuned for further good news.

We had no choice but to upgrade the server and defense system in the first time and then rebooted the server to get things recovered, when we noticed the display error of the front-end due to sync problem causing by rebooting.

We’ve been fixing the display error since we detected it and now it’s been thoroughly fixed.

Rest assured that during the time of fixing, contracts were operating as planned and interactions were smooth, most of all, all the assets were safe and sound.

Anyway, we felt sorry for any unpleasant experience caused and thanks a million for your understanding.

More functions will be available during following days. Stay tuned.

Contract Address：0x994af547f45d4ad85d622fddbaa7956a3a5c13f0

You can swap LEMD to add liquidity via CherrySwap

Address: https://www.cherryswap.net/#/pool

How to participate in LEMD Liquidity Mining

1. Get LP of LEMD — USDT

Click https://www.lemond.money/farm and click “Get LEMD-USDT LP Token”, this would direct you to CherrySwap.

Input volume and then click “add”. You will get LP of LEMD — USDT once liquidity added successfully.

*Click “Go to Swap $LEMD” if you need to swap LEMD.

2. Stake your LEMD — USDT LP in the Pool

Click https://www.lemond.money/farm to enter Lemond Farm Page.

Input certain number of LP you want to stake and then click “Stake”

Pool activation on 13.00 Aug 3rd UCT.

LEMD could be used to get inbound and outbound yields; to be used for NFT loan market(future orientation);to be used to get member badge for qualification of innovative offering mode(future orientation);to be used for governance of the entire ecosystem(DAO)

Website: https://www.lemond.money/

Loan mining guidelines as per below.(Liquidity mining guidelines will be presented in another article.)

Tokens available & Contract Address

OKB

0xdf54b6c6195ea4d948d03bfd818d365cf175cfc2

USDT

0x382bb369d343125bfb2117af9c149795c6c65c50

EHTK

0xef71ca2ee68f45b9ad6f72fbdb33d707b872315c

BTCK

0x54e4622dc504176b3bb432dccaf504569699a7ff

DAIK

0x21cde7e32a6caf4742d00d44b07279e7596d26b9

USDC

0xc946daf81b08146b1c7a8da2a851ddf2b3eaaf85

UNIK

0x59d226bb0a4d74274d4354ebb6a0e1a1aa5175b6

◇LEMD Token Contract Address：

0x148A059Ccc356Df25195155Ce32008B42B50094F

◇LEMD Contract Address for LP Pool:

0x994af547f45d4ad85d622fddbaa7956a3a5c13f0

Releasing Mechanism

600M LEMD of loan mining and liquidity mining will start to be released since 13.00 Aug 3, 2021 UCT with a 4-year-duration approx.

First four weeks will be Genesis phase of mining with 30 LEMD releasing per block and approx. 657,870 LEMD in total per day. After four weeks, output of LEMD will decrease daily by 0.0738% comparing with previous day until the end.

Details per below link.

LEMD Daily Release

240M LEMD for loan mining and 360M LEMD for liquidity mining. Token allocation ratio will be dynamically adjusted according to the market situation.

Tutorial for borrow and lend

1. Visit https://www.lemond.money/ and click “Lend”to enter the loan mining page. Click “Connect”and select related wallet(shifting to OKExChain main net)

2. Deposit tokens: Click “+” button to view details of related loan module. Click “Supply” to deposit tokens and “Withdraw” to take out tokens. (Click “MAX”and then click “supply”at the bottom can deposit all the selected token.

*Leave some OKT test tokens in your wallet as gas fee, otherwise transactions would fail.

3. Borrow tokens: Click “Borrow” to borrow tokens and “Repay” to return tokens. Please press “As Collateral” to activate borrow function.

4. Return borrowed tokens: Click “Repay” to return your borrowed tokens.

*When you have borrowed tokens and you want to withdraw tokens you deposited, you have to return your borrowed tokens otherwise the amount you can withdraw equals to the amount shown by clicking “Safe Max”.

*Due to calculation lag of block, it’s normal to have small redundancies shown in the balance after “Repay”.

5. Withdraw tokens: Click “Withdraw” to get your deposited token back. If “As Collateral” button has been turned on, by clicking “SAFE MAX”, you can withdraw a certain amount with the remaining to keep your collateral at a safe level.

*If all the borrowed tokens have been repaid, you can withdraw all the assets by inputting manually.

6. Claim: Rewarded LEMD would be shown in the page. By completing “Repay” or “Withdraw”, LEMD is automatically claimed while you can also claim it manually.

7. Liquidate：The progress bar on the Lend page shows the percentage of the current loan value to the mortgage value. When the Borrow limit is 100%, and the user’s loan value actually reaches 80% of the mortgage value, liquidation occurs.

*Real minted LEMD for previous Airdrop Episode on OKExChain test net will be distributed on a 1:1 basis after pool activation on OKExChain main net.

*Cross Chain function under developing, notification will be sent before activation.

Meet Luis Bruno who will be in charge of marketing expanding in the future.

Cross chain oriented leads and multi exchange chances will be focused.

For years, Luis has served in marketing depts of Giants from different industries like Accenture, Uber and blockchain startup Genso Blocks.

Blooming future is to expect.

Welcome Luis.

Telegram: @LuisBruno123

Airdrop Episode III

Total LEMD to be airdropped : 500,000 - 1,000,000 LEMD depending on actual cases.

Period of airdrop: 12.00 UTC, Jun 17 to 12.00 UTC, Jun 24 or anytime when limit is met.

Way of getting airdrop: Tweet Rally

Simple Tips of getting airdrops:

www.lemond.money

1. Connect the wallet.
2. Join our Telegram
3. Follow our Twitter
4. Compose a tweet(using below url) and copy your tweet link to paste in the following field.
5. Tag 3 persons (friends, families, celebrities, etc.)

https://twitter.com/intent/tweet?text=Lemond%20on%20Binance!%20%23LemondFinance%20$LEMD%20@LemondFinance%20@BinanceChain%20%23LemondonBinance

*Maxium number of participants : 100,000. First Come, First Served.

*Each participant who has completed all tasks and submitted information will receive a random reward of 1–10 lemd and a submission number.

*After the activity, the system will use the random algorithm in Ethereum virtual machine to extract the bond user list on the chain according to the user’s submission number.

*The whole lottery process is open source on the chain. Open source address:0x00a0ad21321j321v312c3

*Same Telegram or Twitter account could only apply once.

*Tweet must be visible to all.

*Any unqualified action would be treated as invalid.

*Withdrawal of LEMD would be available after official deployment to Binance Smart Chain. Accurate time to be announced.