Unilend — its comparison with Compound.

Barineka
Nov 24, 2020

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UniLend is a permission-less decentralized protocol that combines spot trading services and money markets with lending and borrowing services through smart contracts. 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.

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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Barineka
Barineka

Written by Barineka

Crypto Evangelist | Smartphone photographer | Geologist |Project manager| Digital Marketer|

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