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Unilend - its comparison with Compound.

barineka

Published: 24 Nov 2020 › Updated: 24 Nov 2020Unilend - its comparison with Compound.

Unilend - its comparison with Compound.

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.

UNI 2.png

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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