UniLend Finance (UFT)

IEO

Last updated: Feb 23, 2021

UniLend is a permission-less decentralized protocol that combines spot trading services and money markets with lending and services through smart contracts.

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Overview

Project industry	Blockchain Infrastructure
Product type	Technology
Whitepaper	Open

What is UniLend Finance

Unilend is supporting and offering comprehensive functionality for a vast range of digital assets. Here are some of the key elements of UniLend Protocol.

Permissionless listing

Any ERC20 token will be able to list without any entity controlling the listing process, making UniLend’s features accessible to every token.

Lending & borrowing

Users have the capability to unlock their token’s functionality for lending to receive an interest rate and for borrowing by paying an interest rate.

Trading

A corresponding trading pair will also operate on UniLend's platform to include decentralized spot trading functionality for platform users.

Governance

The protocol will be governed by its token holders through proposals in order to ensure adjustments to the protocol are made with a majority consensus.

Liquidity

By providing liquidity for asset trading and loans on Unilend's platform, users are able to receive fees in proportion to their liquidity pool stake.

Native Utility Token

The native utility token of UniLend will be UFT, Unilend Finance Token. The token will have multiple use cases for governance, platform utility, and much more.