UniLend Finance | Project Updates #20 | May 2022

UniLend Finance | Project Updates #20 | May 2022

Announcing UniLend’s Project Updates #20

From the Grand Revealing of UniLend v2 OMNIS testnet on Binance LIVE to the launch of the v2 OMNIS Guild Application. May month has been exciting for UniLend Finance.

This month, our co-founders Chandresh Aharwar and Tarun Malik also joined the UniLend Telegram community for a special UniLend V2 OMNIS to answer community questions and queries. For our education initiatives, we introduced a novel approach to minimize risks like the Death Spiral of LUNA & UST price crash. We also organized AMAs and quizzes as part of our community outreach initiatives. Celebrated Bitcoin Pizza Day by giving away cool exclusive UniLend merchandise.

We’re glad to share that UniLend is in the final stages of testnet. Bear or Bull market, UniLend will always keep BUIDLing and revolutionising the decentralised finance.

Grab some popcorn & deep dive into everything that down at UniLend Finance over the past month. Prepare to be blown away!

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

Grand UniLend v2 OMNIS Testnet revealed on Binance LIVE | $5000 Rewards Distributed 🤩

May 19: On May 19th, more than 8k people watched our most highly anticipated event, the Grand Unveiling of UniLend v2 OMNIS on Binance Live.

🎙Our CEO & Co-Founder Chandresh Aharwar joined Binance LIVE for an epic AMA session to discuss the possibilities UniLend OMNIS brings to the DeFi 2.0 and gave a live demo of the v2 testnet.

🤩For the first time, the community witnessed the magic of v2 OMNIS.

🎁 Total $5000 rewards were distributed among the community members during the Livestream for an exciting LIVE Q&A session, Social Q&A, and Signup Bonus followed by a fun UniLend OMNIS-related quiz!

📺 If you didn’t catch the Live, Here’s the link: https://www.binance.com/en-IN/live/video?roomId=2103141

UniLend v2 OMNIS Guild Application

May 10: After our successful unveiling of UniLend v2 OMNIS on Binance Live, we’re opening OMNIS for the community for the Bug Bounty program.

📲 Users will get early access to our v2 OMNIS testnet & get incentivise for finding bugs in our protocol.

➡️Submit your Tester application: https://bit.ly/3a4EIir

🐞Suitable community members will be selected after the screening of the applications.

🛡This initiative aims to tighten the security of our protocol and enhance the user experience for a smooth launch.

👀Keep an eye out for upcoming details here: https://twitter.com/UniLend_Finance

Moving towards OMNIS Testnet with Completion of Bug Bounty🕵

May 10: Earlier this year, we launched Bug Bounty with ImmuneFi & we saw a great response from the developer’s community. We’re glad to share that no major bugs were reported.

➡️Checkout Blog for details: https://bit.ly/3w8w3nX

💪 This milestone cements UniLend OMNIS’s position as a safe & secure DeFi protocol in Web3. With the completion of Bug Bounty, UniLend OMNIS is now in the final stage for testnet release.

Stay Tuned for upcoming details here: https://t.me/UniLendAnnouncement

📣 Community Outreach & Education

Co-founders Chandresh and Tarun joined Official UniLend Global Community for a Special v2 UniLend OMNIS AMA🎙

May 16: 🧑‍💼On Monday, 16th May our co-founders Chandresh Aharwar and Tarun Malik joined UniLend Telegram Community for a special UniLend v2 OMNIS AMA session.

🔥As we approach closer to the v2 launch, Chandresh and Tarun answered community queries and questions regarding the UniLend OMNIS launch.

💙Thank you community for joining us and asking those questions.

➡️In case you miss it, don’t worry just join our Telegram Chat for more exciting events like this: https://t.me/UniLendAnnouncement

A Novel Approach to Minimise Risk-like Death Spiral of LUNA & UST price crash🌪

May 25:🔻 The Death Spiral of LUNA & UST crashed 98% in price value causing huge collateral damage across the DeFi ecosystem.

📉 Many money market protocols are insolvent due to the massive bad debts caused by these recent events.

In light of these events, we showcase the choice behind UniLend design principles & how our protocol would have minimized the damage.

➡️ Check out how UniLend v2 OMNIS Dual Asset Pools are going to mitigate such risks: https://bit.ly/3NGhkXf

This innovative approach will prevent the tokens in a specific pool to be immune to price and liquidity fluctuations of assets in other pools which other protocols fail to do so.

AMAs & Quizzes

Exciting Live AMA & Quiz organized in Kommunitas Community | $100 in UFT distributed

May 31st: ✨Our Marketing & Operations Lead, Ayush Garg joined Kommunity TG Community for an exciting AMA & Quiz session.

🎯During the Live session, the community’s questions and queries were answered followed by an exciting UniLend-related quiz.

🤑Total $100 in UFT was distributed among Quiz and AMA question winners.

In case you miss it, don’t worry just join our Telegram Chat for more exciting events like this: https://t.me/UniLendAnnouncement

Joined AMA Session in Propel TG Community | $100 in UFT distributed 🚀

May 04: 🎙On 4th May, our Marketing & Operations Lead, Ayush Garg joined Propel TG Community to discuss our collaboration, the upcoming UniLend v2 Omnis, and how it’s going to revolutionize the DeFi space.

💰 $100 in UFT was distributed among AMA and Twitter question winners.

Join here to never miss out on exciting rewards events like these: https://t.me/UniLendFinance

AMA Session Held in Crypto Fight TG Community | $100 in UFT distributed🎙

May 27th: 📲Our Marketing & Operations Lead, Ayush Garg joined Crypto Fight TG Community to discuss our upcoming UniLend Omnis and how it’s going to revolutionize the DeFi space.

💰If you didn’t catch our AMA live, you missed out on a chance to win a share of $100 in UFT. Try to join us next time. It pays to participate!

In case you miss it, don’t worry just join our Telegram Chat for more exciting events like this: https://t.me/UniLendAnnouncement

📊 Exchange & Aggregator Listings

More than 2 Million Onus users have access to UniLend’s $UFT📱

May 17: 📱Onus is a mobile application that helps people to begin their crypto journey by simplifying complex financial products. It has 70k+ DAUs with 2000k+ installments.

🧐Users can now track $UFT pricing across dominant exchanges, read kindred news, and much more.

📊Track $UFT here: https://goonus.io/en/markets/UFT/

💪Community Initiatives & Updates

Bull or bear, we’re always here💙 UniLend is still Hiring!🧑‍💻

May 14: Don’t be disheartened & don’t let your dream to get into Web3 fade away with the bear market!
Apply if you are:
🔸React Web3 Developer
🔸Senior Solidity Engineer
🔸Solidity Engineer
Apply Here ➡️ https://bit.ly/3KfhFOa

💪We’re dedicated to helping you grow, challenge you with difficulties, unleash your full potential & celebrate our successes & failures together in this journey!

Bitcoin Pizza Day

Celebrated Bitcoin Pizza Day🍕 | UniLend Cool Merch distributed to 5 Winners 🎁

May 22: 🍕To celebrate this historic day, we asked our community members to share the moment with their favourite pizza while watching our grand unveiling on Binance LIVE. #UniLendOmnis #BitcoinPizzaDay

🎁 5 winners won our cool exclusive UniLend Merch!

📣 For more exciting events! Stay Tuned here: https://t.me/UniLendAnnouncement

Website | Telegram Community | Announcements Channel | Twitter | Blog | Github | Reddit | Instagram

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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.