Disclaimer: The text below is a press release that was not written by Cryptonews.com.
AscendEX is excited to announce the UniLend token (UFT) listing under the trading pair UFT/USDT on Oct. 18 at 1 p.m. UTC.
UniLend is a comprehensive permissionless DeFi protocol that combines both spot trading services and lending and borrowing functionality within the same platform. The interest rates and collateralization ratio are based on supply, demand, and community governance, whereas borrowing limits are decided by liquidity in the trading pairs.
Unlike other DeFi protocols, which only support a limited number of assets, UniLend allows for any asset to list on its platform, ultimately creating immense market opportunity not only for the assets but
Read more on cryptonews.com