The DeFi ecosystem has seen a fast rising trend in the blockchain sphere in recent times. It has been the trend and buzz and that is because of the solution it brings to finance and its edge over traditional finance.
With DeFi, It is a permissionless ecosystem, hence it is accessible to anybody wherever. Transparency, absence of a centralized entity and custody of personal funds are among the factors making DeFi sought after for now. With DeFi, financial services normally restricted to certain individuals can be accessed. These ones are the “Unbanked”. DeFi is an accessible alternative to banks, lending firms and money markets for them. The trend has become so massive that the total value locked in DeFi(USD) equated $13.46B as at November 2020. This is so massive and is proof that the DeFi sector has potential.
The DeFi space is always building upon current capabilities and experimenting with new ones. The build-centric ethos of the space has transpired into a rich ecosystem filled with ground-breaking financial services. So many DeFi products and services keep on springing up in a bid to improve the DeFi ecossytem and provide solutions or fill in the gaps in the sector. These range from decentralized exchanges to borrowing and lending protocols, decentralized oracles, derivatives protocols and so much more. As more and more products spring up, the ecosystem thrives and evolves.
There has been numerous popular DeFi protocols in the past year that have been providing DeFi services quite efficiently and they are mostly DeFi lending protocols. These include Compound, Aave, Curve Finance, Balancer, Maker DAO e.t.c. These DeFi lending platforms have promised to fill the gap lagging in traditional banking/finance which is actually the goal of Decentralized finance.
Interestingly, while they have been able to serve the DeFi ecosystem efficiently there has been some gaps. For example, majority of digital assets cannot be used on their platforms, real world assets in traditional finance cannot be incorporated into DeFi and some lack certain trading features. Hence there is still room for evolution of DeFi products. Enter Unilend….


Unilend is a decentralized protocol built from the ground up for the purpose of bridging the current gaps found in the current DeFi products in the ecosystem so as to provide an optimal DeFi experience for users in the sphere. In effect, it is unlocking the true potential of decentralized finance. It is a permission-less decentralized protocol that combines spot trading services and money markets with lending and services through smart contracts. With Unilend, majority of assets can be used in decentralized finance. Therefore there is flexibility with choice of assets to be used in the protocol. Physical assets can also be tokenized on Unilend and used in decentralized finance with Unilend. Unilend also combines spot trading with a lending and borrowing protocol simultaneously which is the first of it’s kind. Unilend protocol is indeed an ingenious product in the DeFi space.


1. Permissionless listing
Asides the fact that any digital asset can be traded on Unilend protocol, these assets can be listed permissionlessly without any entity controlling the listing process, hence UniLend’s features can be accessible to every token.

2. Lending & borrowing

On the Unilend protocol, users have the capability to unlock their token’s functionality for lending to receive an interest rate and for borrowing by paying an interest rate.

3. Trading
Asides the lending and borrowing features on the protocol for trading pairs, a corresponding trading pair will also operate on UniLend’s platform to include decentralized spot trading functionality for platform users. Hence, users can access both lending/borrowing services and spot trading features on the same platform!

4. Governance
Unilend protocol will be governed by its token holders through proposals in order to ensure adjustments to the protocol are made with a majority consensus. This is to ensure a true decentralized and just ecosystem.

5. Liquidity
When users provide liquidity for asset trading and loans on Unilend’s platform,they are able to receive fees in proportion to their liquidity pool stake. This incentivization model would encourage more participation in the protocol.

6. Native Utility Token

The native utility token of UniLend will be UFT, Unilend Finance Token. The token will have multiple use cases for governance, platform utility, and much more.

All these features make Unilend a unique DeFi protocol and in time, Unilend would be a sought after DeFi protocol eventually bridging the gaps in the current Decentralized Finance ecosystem.

Website : https://unilend.finance

Twitter : https://twitter.com/UniLend_Finance

LinkedIn : https://www.linkedin.com/company/unilend-finance/

Medium : https://medium.com/@UniLend

Reddit : https://www.reddit.com/r/UniLend

Telegram : https://t.me/UniLendFinance




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Ubong Ephraim

Ubong Ephraim

Crypto. Photography. Vibes

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