What is Unilend? There is a UniLend is a permission-less Defi protocol that combines spot trading services and lending/borrowing within the same platform. There is a The mission of UniLend is to open the DeFi space up to the $29B of ERC20 token which are currently excluded from DeFi. There is a How is UniLend different to other protocols? There is a Most of the digital assets are outside of the DeFi ecosystem. There are a lot of token listed. Less than 30 assets are supported by other DeFi protocols. There is a UniLend combines the decentralization aspect of enabling any ERC20 to be utilized as collateral for lending and borrowing with the flexibility for users to also trade their assets in-platform. There is a What is the purpose of UniLend's token? There is a The UniLend protocol uses the UFT token to facilitate governance. There is a In order to ensure the longevity of a finance protocol, a key component is the availability of liquid assets. There is a The platform users who use UniLend for lending, borrowing or trading will be rewarded with governance power in the form of UFT token to encourage not only use of the platform's services, but also to facilitate distributed governance.
