After a successful month of beta testing, we are thrilled to announce that EnsoFi is officially live on the Sui mainnet! This milestone comes after an exciting period of testing that started on September 5th, where we engaged with over 10,000 users to refine and enhance our platform.

Summary of Sui Beta-Test

During our month-long beta test, we gathered valuable feedback that has helped shape EnsoFi into the robust platform it is today. The overall sentiment from our users has been overwhelmingly positive, particularly praising the platform's clean and intuitive user interface and user-friendly experience. Many users highlighted several key features that contributed to their satisfaction:

• Lending Functionality: The lending process has been described as smooth, fast, and easy to use, making it accessible for everyone.

• User Interface: Our platform’s design received accolades for being simple, attractive, and easy to navigate, which is especially important for both new and experienced users.

• Transaction Speed: Users enjoyed quick transaction processing, particularly during lending activities.

While we celebrated these successes, we also recognized areas that require improvement based on user feedback:

• Borrowing Issues: Some users encountered glitches and failures in the borrowing process, leading to frustration.

• Transaction Failures: A number of users reported frequent errors or failed transactions, especially during borrowing and repayment, which hindered their experience.

• Sui Testnet Concerns: There were several reports of issues related to the Sui testnet, including problems with test tokens and borrowing functionality.

Introduction of Sui Mainnet

With the feedback gathered during the beta test, we are excited to officially launch on the Sui mainnet on 30th September.

This version of EnsoFi brings the same innovative features you’ve come to love on Solana, introducing a new era of fixed-rate lending and borrowing tailored for the Sui ecosystem.

As we move forward, we invite all users to explore the platform, take advantage of its unique offerings, and continue providing feedback to help us improve. Your experience is essential to us, and we are committed to ensuring that EnsoFi remains a valuable tool for your lending and borrowing needs.

Join us as we embark on this new journey on Sui, and thank you for being a part of the EnsoFi community!

Link to the app: app.ensofi.xyz

Mainnet Campaign with Season 2 $ENS Rewards - Starts in Sep 30th: With total pool of 2,000,000 $ENS to reward Solana & Sui user with their productive usage. Learn more 

About EnsoFi

EnsoFi a Peer-to- Peer lending protocol, giving users the ability to lend & borrow at a Mutually Interest Rate

Our vision is to establish a peer-to-peer cross-chain lending platform that allows for the smooth movement and accessibility of assets across different blockchain ecosystems.

With EnsoFi, users can borrow assets on one blockchain while using collateral on another, eliminating the need for complex asset bridging between chains.

Learn more about EnsoFi

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