Hey everybody! Thanks so much for checking out Bonzo Finance (https://www.bonzo.finance) — an open source, non-custodial lending and borrowing protocol on the public Hedera network. My name is Brady Gentile and I'm the Co-Founder / CEO of Bonzo Finance Labs — the development shop that's contributing to the Bonzo Finance protocol. My previous experience includes working for the Hedera (https://www.hedera.com/) network for 5.5 years, and prior to that worked at Cloudflare and DataStax in Product Marketing roles. I departed from Hedera ~5 months ago to build Bonzo Finance Labs. 🏠 What is Bonzo Finance? Bonzo Finance is an open source, non-custodial lending & borrowing protocol based on Aave v2 — the most utilized Ethereum Virtual Machine (EVM)-based lending & borrowing protocol on Ethereum. We've adapted this protocol to the Hedera EVM and native Hedera Token Service, to ensure support for HTS assets across the ecosystem. We're utilizing Supra and Pyth oracles for accurate HTS token price feeds. We've assembled a killer team (https://docs.bonzo.finance/hub/c...) that has been contributing to both the Hedera ecosystem and other web3 networks and ecosystem for the past 5+ years. 🚀 Our Mission Our team is on a mission to help usher in DeFi 2.0 on the Hedera network — we deeply care about pushing the native web3 ecosystem on Hedera forward; we intend to accomplish this by introducing new DeFi functionality (lending & borrowing) and, through this functionality, helping improve key DeFi ecosystem metrics, with a core focus on: - TVL - Transaction volume (across DEXs) - Daily active accounts - Stablecoin (hUSDC) liquidity / utilization Additionally, we recognize the importance of Hedera retail user education — lending and borrowing is a new DeFi capability, accessible by web3 retail & institutional users, that has a far-reaching impact across the Hedera ecosystem. 🧪 Testnet Availability The Bonzo Finance testnet (https://testnet.bonzo.finance) is live! We launched this ~1 week ago and have already seen nearly 100 unique users/accounts in our community testing the protocol. We encourage everyone to try it out, provide feedback in our Discord, and ask questions. We're here to serve the community and deeply care about ensuring the best user experience for everyone. To get started testing, please join our official Discord (https://www.bonzo.finance/discord) for instructions found in the #testnet-faucet channel + check out our tutorial video found here: https://x.com/bonzo_finance/stat... 🖼️ NFTs & Early Adopter Allowlist By joining us as an early adopter and testing out the protocol's functionality, we're offering "allowlist slots" for the community NFT sale that's launching in June and an exclusive "early adopter" role in Discord. To participate in this program, please join the #announcements channel in the Bonzo Finance Discord for the most up-to-date information. 🌐 Resources 𝕏 https://www.x.com/bonzo_finance Reddit https://www.reddit.com/r/bonzofi... Discord https://bonzo.finance/discord Website https://www.bonzo.finance Testnet https://testnet.bonzo.finance Docs https://docs.bonzo.finance 🙏 Thanks for reading! We're excited to help bring this new functionality to the Hedera DeFi ecosystem and I can't wait to meet everyone who joins us on our journey.

Bonzo Finance

An open source, non-custodial lending protocol on Hedera

An open source, non-custodial lending protocol on Hedera