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 |

--

--

--

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

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Cyberspace 4 Philosophers

Teeter.Finance

Free $135 with Best Crypto Currency Sign-up Bonuses

90% Of All Bitcoins In Circulation Right Now— What Happens To Miners After Last Bitcoin is Mined?

The free-market case against crypto

Charity DAO completed our first BUSD airdrop activity and launched combined airdrop activities.

Chapter 9: Trading Pairs after Choosing Your Ideal Exchange

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
UniLend Finance

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.

More from Medium

OpenOcean: A Glance Back and A Glimpse of the Future

Unmarshal New API Docs: A 360° view of Blockchain Data

Point Network Community Update — December 2021

Fabwelt has teamed up with EPNS to deliver crypto gaming push alerts.