UNILEND FEATURES

in #unilend3 months ago

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

Governance
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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
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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
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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.