Read

Edit

History

Notify

Share

UniLend Finance

UniLend Finance is a permission-less protocol that combines spot trading services and money markets with lending and services through smart contracts.[1][2]

Overview

UniLend is bridging that gap by combining the decentralization aspect of enabling any to be utilized as collateral for lending & borrowing whilst providing the flexibility for users to also trade their assets in-platform. Ultimately, UniLend aims to unlock the full potential of digital assets for their owners.

In the money markets, the interest rates and collateralization ratio are based on supply, demand, and other market forces, and borrowing limits are decided by liquidity in the trading pairs.

The integrated smart contract for both features of the protocol allows both trading & Defi capabilities to co-exist within the same protocol. This solves the liquidity and liquidation issue which has been limiting the growth of DeFi adoption to a broader market.

The beauty of permissionless protocols is that anybody with an wallet can take part. UniLend takes this a step further by enabling anyone to list any Ethereum-based asset (ERC20 token) on the platform.[3][4]

UniLend Features

UniLend solves the problems of fragmentation and limited functionality by supporting and offering comprehensive functionality for a vast range of digital assets, including:

Permission-less listing: Any token is able to be listed without a centralized entity/ DAO controlling the process and we’re also exploring the addition of cross-chain support in the future such as , Monero, etc..

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

Trading: A corresponding trading pair will operate on UniLend to include decentralized spot trading functionality.

Liquidity: By providing liquidity, users are able to receive fees in proportion to their liquidity pool stake.

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

User Interface/ User Experience: An intuitive and user-friendly interface designed to provide seamless trading and lending/borrowing experience.[5][6]

See something wrong? Report to us.

UniLend Finance

Feedback

Average Rating

No ratings yet, be the first to rate!

How was your experience?

Give this wiki a quick rating to let us know!

Twitter Timeline

Loading...

Loading

Media

REFERENCES

Join the IQ Brainlist

Sign up for the IQ Brainlist to get early access to editing on the IQ.wiki site!

Join Now

Subscribe to our newsletter

The IQ Ecosystem Report will keep you updated on everything IQ.

Subscribe

IQ.wiki

IQ.wiki's vision is to bring blockchain knowledge to the world and knowledge onto the blockchain. A part of Brainfund group

https://twitter.com/IQWIKIhttps://www.reddit.com/r/Everipedia/https://t.me/everipediahttps://www.instagram.com/iqwiki_/https://github.com/EveripediaNetworkhttps://discord.gg/x9EWvTcPXthttps://web.facebook.com/everipedia?_rdc=1&_rdr

IQ

What's IQ?StakingBonds

Company

About usCareersBrandingIQ GPTIQ Dashboard

© 2024 IQ.wiki Powered ByBrainDAO& IQ