How to Long or Short Any Asset Using UniLend Finance

How to Long and Short Digital Assets with UniLend Omnis

Problems with the current scenario

How does UniLend fit into this market?

Long Positions with UniLend V2

  1. John is very bullish on ETH and wants to leverage a long position in order to maximize his profits.
  2. John then lends $1000 worth of ETH to (let’s say) ETH/USDC pool and borrows $500 USDC.
  3. USDC is then swapped to $500 worth of ETH to increase John’s portfolio exposure to ETH and now has a total of $1500 worth of ETH.
  4. If the price of ETH goes up by 1%, the total profit for John is $15 compared to the $10 profit he would’ve had without any leverage position.

Short Positions with UniLend V2

  1. Alice believes that ETH will be on a downtrend in the upcoming days and wants to leverage a short position.
  2. Alice lends a stablecoin (let’s take $1000 USDC, for example) to ETH/USDC pool and borrows $500 worth of ETH.
  3. Alice then swaps ETH back to $500 USDC and has now acquired $1500 USDC in total.
  4. Now, Alice has a debt of $500 worth of ETH. If the price of ETH drops by 1%, Alice’s debt value drops to $495, which she repays and gets a $5 profit on her short position.

Do More With DeFi!

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UniLend is a Multichain protocol for Lending & Borrowing all ERC20 tokens permissionlessly. We are developing a Futuristic Base Layer for all DeFi applications.

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UniLend Finance

UniLend is a Multichain protocol for Lending & Borrowing all ERC20 tokens permissionlessly. We are developing a Futuristic Base Layer for all DeFi applications.