UniLend Finance & Mobius Finance Collaborate to Disrupt Money Markets in DeFi
Introduction
Our collaboration with Mobius Finance will enable UFT token HODLers to mint moUSD using UFT as collateral. We are proud to be the first project to support their “Collateralise Everything” campaign.
This partnership will be mutually beneficial to both parties as:
- Once integrated onto Mobius Finance, the protocol will allow users to trade multiple assets (including Stocks, ETFs, and Forex Markets) with zero slippage.
- moUSD will be integrated into UniLend Finance Omnis after launch, allowing borrowing and lending of the stablecoin.
- No fees are charged by the platform for both minting and burning (borrowing and paying back your debt)
moUSD
The moUSD token is a stablecoin issued through Mobius Finance, all moUSD in circulation are minted against collateral in order to maintain its 1–1 dollar peg.
Read More about moUSD Here: https://medium.com/@mobiusfinance/introducing-mousd-mobius-finances-stablecoin-8b4813345b22
UniLend OMNIS
UniLend Finance Version 2 (OMNIS) is more than just an incremental update — it marks a significant evolutionary milestone for UniLend. It enables users to list a token on the protocol and straightaway access the DeFi services without any barriers.
Read more about UniLend OMNIS here:
https://unilend.medium.com/introducing-unilend-v2-with-isolated-dual-asset-pools-for-lending-borrowing-of-all-erc20-tokens-7eba7536fc6f
About UniLend Finance
UniLend is building a permissionless! DeFi Base Layer for Lending, Borrowing, Flash Loans, Tokenization of Money Market positions.
Website | Telegram Community | Announcements Channel | Twitter | Blog | Github | Reddit | Instagram
About Mobius Finance
Mobius Finance is the first multi-collateral synthetic platform on Polygon that can create and trade any asset, including off-chain stocks, ETFs, and commodities; powered by our risk control algorithm, we allow users to trade any asset with zero-slippage and low fees.
Website | Discord | Twitter | Telegram Announcements |
