Vendetta Capital invests into Unilend
Vendetta Capital is very pleased to announce our investment in Unilend, a permission-less decentralized protocol that combines spot trading services and money markets with lending and services through smart contracts.
What is UniLend?
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. This solves the liquidity and liquidation issue which was limiting the growth of DeFi adoption to a broader market.
UniLend’s protocol allows users to frictionlessly exchange the time value of Ethereum assets by creating a spot trading pair and separate money markets for each token. This allows ecosystem owners to create their own lending and risk management strategies.
Due to the permissionless nature of the protocol, users have the capability to list any Ethereum asset on UniLend. An asset listing on the UniLend protocol’s smart contract instantly creates and lists on markets for lending, borrowing, and spot trading.
There is a huge market opportunity for a protocol that supports a large number of assets in a decentralized and unauthorized manner. Unilend Protocol has superior features compared to its competitors, and it also offers a great opportunity for the defi ecosystem with their visionary team. We are very excited to support their mission and to be a part of Unilend.
-Investment Analyst of Vendetta Capital
More info:
Twitter: https://twitter.com/UniLend_Finance
Web: https://www.vendetta.capital/
Twitter: https://twitter.com/CapitalVendetta
