Synergies Arise: Oddz Finance Gains Flash Loan Capabilities as it Enters the UniLend Ecosystem
TL;DR
- UniLend Flash Loans functionality & staking for ODDZ is going LIVE soon
- Oddz Finance is bringing 40,000 ODDZ tokens in incentives to early stakers in addition to other added bonuses (worth more than $100,000 in USD)
- UniLend is integrating Oddz Finance’s trading options functionality to our upcoming DEX
- “Call” & “Put” options will soon be available for UFT on Oddz Finance’s multi-chain platform
The UniLend team is getting ready to jump into hyperdrive. To kick things off we’re equipping our partner, Oddz Finance, with Flash Loan functionality. Moreover, Oddz Finance will be granted their own staking pool on April 16, 2021 at 7:30 PM IST, giving stakers the opportunity to provide liquidity and receive generous rewards!
After the successful launch of UFT staking, we decided ODDZ would be the next token, of many more to come, to be powered by UniLend’s Flash Loans & staking!
Our Flash Loans users will capitalize on this newly added liquidity, which will allow for new and unimagined DeFi strategies to come into existence. To add to the excitement, Oddz Finance is going above and beyond by bringing extra rewards to the initial stakers of their new pool. To be exact, they’re bringing 40,000 ODDZ tokens to the table (around $100,000 in rewards).
Furthermore, early stakers should expect a couple of extra incentives on top of everything else. We’ll give you a hint; they’re related to airdrops and reward-generating community activities.
New Functionality Coming Soon
We want our community to know we’re making incredible headway on our flagship products, which will include lending and borrowing services alongside a fully functional DEX. To create a more robust tech stack, we’re now also integrating Oddz Finance’s trading options functionality to our developing DEX.
Among the many collaborations that are forming, comes newly added utility for UFT. In this case, holders of UFT will soon be able to utilize “call” and “put” options on Oddz Finance’s multi-chain platform. Moreover, holding UFT allows users to engage in customizable options trading strategies at zero-gas cost.
This is just the beginning, many other synergies are brewing between UniLend and Oddz Finance. Stay tuned for more!
Staking on Our Platform is Easy
If you’re not already aware of staking and flash loans on UniLend, you should be. We recently passed our rigorous Certik audit and our platform was optimized for ease of use. We encourage ODDZ holders interested in our staking functionality, to follow our step-by-step guide once staking is live.
We hope the Oddz Finance community is thrilled to join forces. Please note that we already have over $5,000,000 of UFT staked to our platform, which means UniLend’s community is already enjoying airdrops and ongoing rewards. Our team is excited to start seeing ODDZ holders receiving similar rewards very soon.
If you hold either UFT or ODDZ, head over to our protocol to start experimenting today. Remember to be ready for all the amazing rewards that come to stakers using our platform.
A Future YOU Don’t Want to Miss
The future is bright for the UniLend ecosystem, and we think it pays to stay up-to-date with everything we’re doing. If you’re new to DeFi or any of the technology we talked about today please come by our social platforms and introduce yourself.
There’s no time like the present to delve into this new emerging market. Don’t wait! UniLend is on all the leading social platforms and our friendly community can help you along the way. If you’re looking for a place to start, follow us on Twitter and jump into our Telegram group.
We have a great ambassador program that supports our community and monthly highlighted community members that would love to show you the ropes.
Here is your guide to stake on the UniLend Flash Loan Protocol: https://docs.unilend.finance/faq/how-do-users-can-stake-tokens-on-unilend-dashboard
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