UniLend Finance solves the liquidity and liquidation issue which has been limiting the growth of DeFi adoption to a broader market.
It has Features which are beneficial to the DeFi community like:
Permission 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.
