UniLend is a decentralized DeFi protocol that does not require authorization, combining spot trading services, currency markets, and lending services through smart contracts. In the currency market, interest rates and mortgage ratios are based on market forces such as supply and demand, and borrowing limits are determined by the liquidity of trading pairs. The UniLend smart contract integrates two functions in the protocol, enabling the coexistence of trading and DeFi functions in the same protocol, solving the liquidity and monetization problems in the current market.The UFT token is an ERC-20 native functional token on the UniLend platform. UFT includes the following use cases in the UniLend ecosystem:Governance: The parameters related to the agreement will be determined by UFT holders through consensus to implement the proposal.Mortgage and Liquidity Mining: UFT holders will be able to participate in UniLend's mortgage to obtain a certain proportion of the fees generated by the platform, and can also engage in UFT token mining by increasing liquidity and borrowing from specific pools.Transaction fee discount: UniLend will implement meta transactions, allowing platform users to pay cheaper fees using UFT compared to Ethereum.The UnilLend platform includes the following features:Support for synthetic assets: In addition to gold, silver, etc., support for synthetic real-world assets and derivatives (such as major stocks such as FAANG and Tesla).Unlicensed unsecured loans: The platform will launch an unlicensed flash loan pool to provide new financial instruments for any ERC-20 asset.
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