Dear Bithumb Global Users,
Bithumb Global will list UFT digital asset service on DeFi board, details are as follows.
Deposits will be available on: Oct 16, 2020 at 11:00(UTC+8) Deposit here >>
Trading will be available on：Oct 16, 2020 at 14:00(UTC+8) Trading here >>
Project Name：UniLend Finance
UniLend is a permission-less decentralized protocol that combines spot trading services and money markets with lending and borrowing services through smart contracts. The interest rates and collateralization ratio are based on supply, demand, and community governance. Borrowing limits are decided by liquidity in the trading pairs. UniLend’s protocol allows users to create a spot trading pair and separate money markets for any token. UniLend allows both trading & DeFi capabilities to co-exist within the same protocol. This solves the liquidity and liquidation issue which is currently limiting the growth of DeFi adoption to a broader market. UniLend’s protocol allows users to create a spot trading pair and separate money markets for any token. This enables DeFi participants to create their own lending and risk management strategies for lending, borrowing, and spot trading. UniLend protocol is working to create a new niche in the market which has been neglected and untapped by current solutions in the DeFi space.
Total Supply: 100,000,000 UFT
Circulating Supply: 10,800,000 UFT
Official Website: https://unilend.finance/
There are significant risks in trading digital asset. Please consider carefully whether digital assets trading are appropriate to your financial situation.
Bithumb Global Team
Oct 15, 2020