Hot on the heels of our recent announcements about powering various DeFi platforms, we are pleased to announce yet another emerging DeFi project for whom we are providing infrastructure and service support: Unilend.
The CEO of UniLend, Chandresh Aharwar, is the former VP Marketing & Strategy at Matic Network, with whom we have a long-established and trusted relationship. In his new role he has engaged Ankr to provide valuable services to the UniLend project.
Powering the UniLend platform will require Ethereum nodes to run, and where better to host these than through our robust and direct Ethereum API access?
Current DeFi platforms act as gatekeepers in allowing which projects to be a part of their pool; thereby barring the majority of assets from participation in the DeFi ecosystem. Multi-asset pools also expose lenders to risk associated with all of the included assets with no control over the collaterals against which their funds can be lent.
UniLend is a permission-less decentralized protocol that combines spot trading services and money markets with lending and borrowing services through smart contracts.
Key features of UniLend
UniLend is supporting and offering comprehensive functionality for a vast range of digital assets like permissionless listing of any ERC20 asset, trading, lending and borrowing, and decentralized governance, all powered by the native UFT token.
As you can see, UniLend is a very viable and exciting project for which we expect to see much growth — and as they do, so will their utilization of Ankr’s services! We are looking forward to growing together with our new partners, UniLend!
Relevant UniLend links
Get the latest updates from UniLend here: