UniLend Finance | Project Updates #14

UniLend Finance
9 min readDec 6, 2021
Announcing Project Updates #14

Announcing UniLend’s Project Updates #14

It’s a wrap for November 2021, and there are more updates now than ever to report. Beginning with rebranding UniLend extensive v2 protocol that symbolizes evolution in the product, vision, and core message in order to portray UniLend as a base layer in DeFi space where dApps can be built upon and also achieving a huge milestone of executing $25 Million worth of Flash Loans, introducing Insider Series, announcing our home-grown UniLend Indian community and much more. It’s no surprise that this month is jam-packed with exciting news and a lot of hard work!

Let’s quickly deep dive into everything that went down at UniLend Finance over the past month!

The UniLend Team is grateful for those who have been with us through every exciting stage of this journey and welcomes those who have only recently joined us.

Follow our Newsletter so won’t you miss out on exciting updates: https://t.me/UniLendAnnouncement

Major Highlights

Connect the Dots 💫 Teaser

November 25: Something is Brewing up in UniLend Protocol. Brace yourself for the biggest revolution in DeFi. Connect the Dots to stay tuned for more exciting updates.

Checkout teaser here: https://t.me/UniLendAnnouncement/565

HODL On Tight! It’s time to reveal UniLend v2 Name🎉

November 10: 🤩After reviewing over 10,000 names that were submitted by our amazing community! We finally found the perfect name for our upcoming v2 launch.

🔥 Without further ado, we present:

⚡️Omnis, Making Every Asset Productive⚡️

🚀 Omnis is the Latin word for “every” which matches perfectly with our vision to introduce Permissionless Lending & Borrowing to every ERC20 token.

🙌 The name was suggested by Rishank Sharma which stood out the best for its core message, creativity & understanding. Rishank Sharma won a total of $500 in $UFT prize.

UniLend’s new vision is to be the Base Layer for DeFi space on which dApps can be built 🏪

November 20: 🏪 Since OMNIS is permission-less, open-source, and integrable, projects can integrate with our protocol to utilize lending & borrowing utility and Build & Integrate more services on top of it.

🚀 Our journey begins with a simple mission to allow permission-less lending & borrowing for ANY asset in DeFi similar to what Uniswap did for trading

👥 This version expands our potential user base exponentially to the whole crypto space with a new and bigger Vision.

Flash loan usage increased by 3,687% in the last 3 months! ⚡️

November 02: 🚀 Slowly but Surely 🚀

⚡️Flash loan usage increased by 3,687% in the last 3 months with more than $25 Million worth of Flash Loans are now executed on our Permissionless Protocol🔥

🔷 $14 Million+ on Polygon Chain

🔷 $9.5 Million+ on Binance Smart Chain

🔷 $547k + on Ethereum Chain

🌐 Link to our App: https://app.unilend.finance

🔗 Step by Step guide to Lend Any token

Prepare for lift-off 🚀

More than $25 Million worth of Flash Loans are now executed on our Permissionless Protocol🔥

November 17: ⚡️More than $25 Million worth of Flash Loans are now executed with 25+ tokens listed on our Permissionless Protocol.

🤩In just 3 months our permission-less flash loans have gained massive traction from the DeFi industry.

🔷 $14 Million+ on Polygon Chain

🔷 $9.5 Million+ on Binance Smart Chain

🔷 $547k + on Ethereum Chain

🌐 Link to our App: https://app.unilend.finance

🔗 Step by Step guide to Lend Any token

Collaborations & Integrations
Welcomed Knit Finance to UniLend Ecosystem!⛵

November 08:Knit Finance is a unique decentralized protocol for creating cross-chain wrappers for the top-200 assets.

⚡️Knit Finance’s $KFT token is live for lending & flash loans on Binance Smart Chain implementation of our platform.

🤝 In this partnership, wrapped non-ERC20 tokens supported by Knit Finance will be added to UniLend’s permission-less protocol. Knit Finance will also integrate UniLend protocol into their multi-chain platform.

🏦 Lend your $KFT & earn high APY: https://app.unilend.finance/lend

🔥$KFT is available on uBoost dApp for Flash Loans.

‼️ Do not use the “Reward” & “Airdrop” portion of our UI, unless you wish to give your funds to the community! Simply use the “Lend” option available and follow our easy to use guide.
🌐 Read our easy to use lending guide and intuitive protocol TODAY!

Community Outreach & Education

We Surpassed 50k Followers on Twitter!🌍

November 06: 🥳 Thank you for the huge milestone of 50K Twitter followers!

🙌 We’re extremely grateful to our UniLend Global Community. UniLend has grown to tremendous heights in a short period of time and this would not be possible without your great support.

🚀 Our highly anticipated v2 launch is just around the corner and we hope our community is super excited about what’s coming next!

✅ Remember this is only the beginning. We will continue to launch innovative updates and collaborations as we grow. Join us aboard on UniLend, check us out today!

DeFi Live

Our Chief Executive Officer & Co-Founder, Chandresh Aharwar joined DeFi Live 2021🚀

November 10: 🎪 DeFi Live is showcasing the hottest DeFi projects and biggest tech breakthroughs in the works to define the future of Crypto, DeFi, NFTs, DAOs, the Metaverse, and much more.

🚀 Our Chief Executive Officer & Co-Founder, Chandresh Aharwar joined DeFi Live 2021 for an eventful Panel Discussion to discuss how decentralised finance is changing lending & borrowing.

📣 Agenda: How DeFi can transform Lending & Borrowing.

Crypto Fest 2021

Watch our Co-Founder Tarun Malik’s exciting DeFi Panel Discussion on Crypto Fest 2021 organised by Bitcoin Events!▶️

November 11: 🎪 Crypto Fest 2021 is a festive gathering of global speakers like Sandeep Nailwal (Co-founder of Polygon), industry enthusiasts, entrepreneurs & many others who discuss real-world applications and the latest trends in cryptocurrencies, NFTs & DeFi.

🚀 Our Co-Founder & Chief Product Officer, Tarun Malik along with other DeFi Projects had a panel discussion about moving towards a multi-chain world.

⛓He shared his insights about the future & challenges of multi-chain approach, Bitcoin future, security & popular cross-chain bridges.

📺 Watch Here: https://youtu.be/cyV4gbpV4Cg

Media Mentions

UniLend Omnis in Spotlight✨

November 12: 🚀 With our upcoming v2 launch just around the corner, UniLend is making headlines with its revolutionary permissionless lending and borrowing protocol!

🗞 Featured in major crypto news outlets:

Cointelegraph | Bitcoin.com | Cnyes China | Rust Wire | Thaifrx | CryptoNewsZ

🥂 Cheers to the evolution of DeFi, with UniLend pioneering the path forward!

Education — Insider Series

Insider Series: Introducing Isolated Dual Asset Lending Pools🏦

November 15: 🚀 We launched a new educational series to dive deep into Omnis Ingenious Features

🏦 UniLend Team has been working on building a permission-less lending & borrowing to enable money markets for every asset through our technical upgrade Omnis.

🗝 For the first time users will be able to create a Dual Asset Pool enabling Permissionless Lending & Borrowing for any pair of assets

🛡Security against the volatility of digital assets which will help users manage their risk better against risky assets

💡 Know how to gain from Isolated Dual Asset Pools: https://rb.gy/3cwint

Insider Series: How to Long or Short Any Asset Using UniLend Omnis 📊

November 23: ⛔️Current DeFi lending protocols are facing major issue in long/short position scenarios due to the lack of availability of a wide range of assets.

🚀 With our upcoming Omnis launch, users will be able to easily create leveraged positions for ALL crypto assets in the permission-less money markets.

⚡️Through the UniLend protocol, users will be able to employ a wide range of new DeFi strategies that will be made possible with the permission-less listing of all crypto assets.

💡 Know how to Long or Short Any Asset: https://rb.gy/qnxgx0

💫 Stay ahead of the game with our Insider series where we discuss the use cases and technology of OMNIS: https://rb.gy/3cwint

AMAs

Live AMA Session in ID Crypto Official Community | $100 in $UFT was up for grabs!💫

November 25: 🎙 Our Marketing & Operations Lead Ayush Garg and Product Manager Saksham Jain joined the ID Crypto Official Community for an eventful AMA session.

💰 We gave away $100 in UFT for participants on Telegram and Twitter. Make sure you catch the next one for a share of the rewards!

Community Initiatives & Updates

Growing UniLend’s Global Reach: UniLend Indian Community 🇮🇳

November 01:🇮🇳 We’re excited to announce our home-grown community, UniLend Official Indian Community!

🙏 नमस्ते , ਸਤਿ ਸ਼੍ਰੀ ਅਕਾਲ , કેમ છો , السلام علیکم🙏

💎 In order to keep up with our massive community growth we have launched our seventh regional community after Korean 🇰🇷, Philippines 🇵🇭 , Nigeria 🇳🇬, Vietnam 🇻🇳 , Indonesia 🇮🇩 & Turkish 🇹🇷

🏠 This is our home-grown regional community and our 1st South Asian community for DeFi adopters. Many more to add in the UniLend’s Global Outreach.

🚀We aim to spread UniLend’s DeFi mission across diverse Indian crypto ecosystem.

🦾 It is important that we not only revolutionise DeFi, but that we also strive for a strong community worldwide.

🌐 Join our Official Indian Community here : https://t.me/UniLend_India

Giveaways

1000 UFT Free Giveaways to 100 Winners!💰

November 03: 📲UniLend Dapp is integrated on Math Wallet!

🤠 2 Million+ users now have access to our permissionless protocol directly from the Math Wallet app.

🤑To celebrate integration, we held 1000 UFT Free giveaway to 100 Winners in both communities.

October’s Shield of Excellence Award Goes to Tahira Siddiqui🏆

November 10: We are pleased to award our Superstar Community Member Tahira Siddiqui with the title of Shield Of Excellence!🏅

🦾She has been supporting endlessly from the beginning of the journey and working hard to spread the word about the UniLend DeFi revolution across the crypto sphere via her skillful infographics, GIFs, videos, and content. We appreciate her hard work and would like to reward her with $100 in $UFT as a token of appreciation.

🛡 UniLend Finance is a movement, unlocking the true potential of decentralized finance and opening new opportunities for the crypto community. Thank you for helping to accelerate us on our journey!

October’s Pride of UniLend Award Goes to Harshil Shah🏅

November 09: 🏅With great pleasure, we would like to award Harshil Shah, with the title of Pride of UniLend for the month of October for his valuable contribution!

🦾We express our sincere admiration for your outstanding efforts in UniLend. His creative, funny and informative meme skills are immensely commendable. As a token of appreciation, we would like to reward you with $50 in $UFT.

✨UniLend’s journey and objective to bring every token to DeFi would not be possible without the tremendous support of our community, and we would like to express our appreciation to each and every one of you.

UniLend Wishes Everyone a Happy Diwali🪔

November 04: UniLend wished everyone a Happy Diwali!🪔

✨May the festival of lights brighten your lives and brings prosperity and happiness to all!

Twitter Spaces

Held Special UniLend Omnis Ed Twitter Spaces Session 🧑‍🏫

November 30: 🚀 On 30th November, our Marketing and Operations Lead, Ayush Garg and Business Analyst, Anmol Gaur held special UniLend Omnis Ed twitter spaces session to discuss about UniLend Omnis, v2 critical features and much more.

✨This was a great opportunity for anyone to learn about DeFi directly from industry-level experts and get all their queries answered.

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UniLend Finance

UniLend is a Multichain protocol for Lending & Borrowing all ERC20 tokens permissionlessly. Website: https://unilend.finance