UniLend is a permission-less decentralized protocol that combines spot trading services and money markets with lending and borrowing services through smart contracts. $PHB is its token on Ethereum, BNB Chain and Polygon.

It has the following features:

• DeFi Lending & Borrowing:

UniLends DEX & AMM utilize a permissionless listing mechanism as well. This is a very unique mechanism for any DeFi lending market and will allow users to lend, borrow and collateralize any tokens they have.

• DeFi Flash Loans:

UniLend will be the first DeFi protocol to provide permissionless listing for flash loans. Additionally, UniLends chain agnostic nature could make us a pioneering flash loans protocol on many networks.

• DeFi DEX & AMM:

UniLend will empower users by allowing them to list any token without requiring permission from any authority, so that they may provide liquidity for, and trade any token.

• Multi-Chain DeFi Operability:

Most existing DeFi projects are almost exclusively available on just one blockchain, Ethereum. UniLend will break this Network locked nature of DeFi protocols by expanding and providing our aforementioned comprehensive set of DeFi services on multiple networks such as Ethereum, Binance Smart Chain (BSC), Matic Network and many more to come.

• Great DeFi UI & UX:

As an infant-industry many DeFi protocols can be rather difficult to use as their user interface is not optimized for end users. UniLend intends on giving users the best user experience by creating an easy, straightforward and intuitive user interface.

Unilend is a permission-less DeFi protocol that combines spot trading services and lending/borrowing functionality within the same platform. Unlike other DeFi protocols that support only a limited number of assets, UniLend allows anyone to list any ERC20 asset for decentralized trading and lending/borrowing.

UniLend's mission is to unlock the true potential of decentralized finance by including the $29B worth of ERC20 tokens that are currently excluded from DeFi.

Existing DeFi solutions have left the majority of digital assets outside of the DeFi ecosystem. Despite there being over 6000 tokens listed on BYDFi, other DeFi protocols support less than 30 assets. Some protocols offer limited lending and borrowing options, while others allow trading of any ERC20 assets but neglect the lending and borrowing aspect.

UniLend bridges this gap by combining decentralization with the ability to use any ERC20 as collateral for lending and borrowing, while also providing a platform for asset trading. The ultimate goal of UniLend is to unlock the full potential of digital assets for their owners.

The UFT token is primarily used for governing the UniLend protocol. UFT holders can participate in decision-making through proposals that require majority consensus to be implemented.

Liquidity providers play a crucial role in ensuring the sustainability of decentralized finance protocols by providing liquidity within the protocol. As a reward, liquidity providers receive UFT tokens through liquidity mining, as well as a percentage of trading and borrowing fees.

Platform users who engage in lending, borrowing, or trading on UniLend are also rewarded with UFT tokens. These tokens grant governance power and encourage the use of the platform's services, as well as facilitate distributed governance.