Buy UniLend Finance (UFT)
What is UniLend Finance?
UniLend Finance is a permissionless DeFi protocol that integrates spot trading services with lending and borrowing functionalities within a single platform. It uniquely allows any ERC20 token to be listed without central control, offering decentralized trading and lending/borrowing for a broad range of assets.
How does UniLend Finance work?
UniLend Finance operates across multiple blockchains, including Ethereum, Binance Smart Chain, and Polygon, leveraging smart contracts for its operations. The protocol supports permissionless listing of tokens and employs a dual asset pool model to manage assets separately, preventing cross-collateralization and ensuring security. It also utilises on-chain price feeds for accurate market data and has been audited for security by leading firms.
What are the potential use cases for UniLend Finance?
UniLend Finance offers diverse use cases such as lending and borrowing any ERC20 token, supporting uncollateralized flash loans, and enabling permissionless token listing. It also utilises NFTs for representing liquidity provider positions and offers efficient liquidation processes. Additionally, its multichain support allows for a wide range of DeFi strategies across different blockchains.
What is the history of UniLend Finance?
UniLend Finance was established in 2020 by Chandresh Aharwar and Suryansh Kumar. It introduced innovative features like permissionless token listing and dual asset pools, aimed at enhancing the DeFi ecosystem by including more ERC20 tokens. The protocol has evolved with significant updates like UniLend v2 and has expanded its market presence through partnerships and security audits.
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Frequently Asked Questions (FAQs)
What is the current price of UniLend Finance (UFT)?
The UniLend Finance price is $0.49224769 AUD, representing a -7.02% from the day prior.
Where is the best place to buy UniLend Finance (UFT) in Australia?
The best place to buy UniLend Finance (UFT) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell UniLend Finance (UFT) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of UniLend Finance (UFT)?
The trading volume of UniLend Finance (UFT) is $4.6M AUD in the last 24hrs, representing a -7.02% from the day prior.
How can I buy UniLend Finance (UFT)?
UniLend Finance (UFT) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of UniLend Finance (UFT)?
The current market cap of UniLend Finance (UFT) is $48.8M AUD.
Can I convert UniLend Finance (UFT) to cash?
Yes - With Coinstash you can convert your UniLend Finance (UFT) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many UniLend Finance (UFT) are there?
The current circulating supply of UniLend Finance (UFT) is 100.0M.
Is Coinstash a safe place to buy UniLend Finance (UFT) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling UniLend Finance (UFT) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.