UniLend Project Updates #3

UniLend Finance
16 min readJan 4, 2021

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UniLend Project Updates # 3

We started with the simple goal of giving DeFi access to every coin/token in the market. This goal quickly grew, as we aimed higher, to become an unmatched leader in DeFi. We’ve never backed down or wavered from our true intentions and December was proof of our word.

Our UniLend Initium V1 Alpha release has taken the stage! Many have already congratulated us with high praise and we appreciate the sentiment though our journey has just begun. The UniLend Finance team has many more impressive goals to achieve throughout 2021.

Our third project update should be a testament to our intent to complete what we’ve started. We hope you have enjoyed the journey thus far, though we encourage you to buckle up because this rocket is still headed towards the atmosphere and beyond.

Major Highlights

UniLend’s Initium Alpha is Live! Ushering in a New Era of Inclusive DeFi

Dec 29: 🙌 We were recently proud to announce that Initium (our Alpha) is live! The wait for the launch of one of the most anticipated DeFi protocols of 2020 is now over.

📈 The Alpha release is unfolding in phases. There will be many updates to Initium in the coming weeks. Some of these updates will be cutting-edge in DeFi and we can’t wait to reveal more.

🦾 Lending and borrowing functionality is now live, with exchange functionality being implemented in the next couple of days. Integrations with our ecosystem partners have now commenced.

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

🌐 Full launch details can be found here.

Leading Indian Cryptocurrency Exchange CoinDCX to Integrate UniLend Protocol

Dec 10: 🦾 Coinbase-funded CoinDCX exchange has begun a revolution with its crypto-based products, by developing borderless financial services that ensure faster, simpler trading and lending.

📈 Due to this powerful integration partnership, CoinDCX’s large user base will soon enjoy UniLend’s DeFi capabilities such as yield farming of UFT tokens. In addition, CoinDCX exchange will be the official liquidity provider for the UniLend protocol.

🤝 With more than 15 million dollars of daily trading volume, India’s best lending product, among other features, this partnership is of extreme significance strategically for both parties. We can’t wait for CoinDCX users to experience our DeFi functionality in conjunction with CoinDCX’s already amazing services.

🥂 Cheers to the future of unlocking the true potential of decentralized finance one partnership at a time!

🌐 Read more about our collaboration here.

Code is Law! Feast your Eyes, UniLend Initium (Alpha) Code is Now Live on GitHub

Dec 29: 🔎 After months of relentless work, we were proud to announce that the code for our Alpha, Initium, is now available on GitHub for the world to see! Anyone can now inspect our code at a moment’s notice.

👨‍💻 If you aren’t aware, GitHub is the distributed version control for software. Version control is a way to save changes to code over time without overwriting previous versions. Being distributed means that every developer working with a Git repository has a copy of that entire repository.

🦾 We started our journey with the dream of bringing DeFi access to every asset on the market and here we are; now embarking on our revolutionary march forward to change DeFi forever, with each line of code bolstering our protocol.

👁 View our code on GitHub here.

UniLend Initium Early Access Pioneers Have Been Selected! Our Guide Has Also Been Published!

Dec 31: 🔥We are grateful for the incredible support of our community wanting to be a part of our momentous Alpha launch. The first batch of Alpha testers have been chosen and we recently sent everyone emails with test tokens to try out the platform.

👨‍💻We have created a guide for our UniLend Initium V1 Protocol, providing a first time inside look at the unique value proposition of UniLend. This guide will show you how to use the Borrow, Lend, Redeem and Repay capabilities built into Initium’s UI.

🦾Thank you to the entire community for being so eager to try out Initium! We want you to know that this is the first of many more exciting milestones to come!

ℹ️ Guide to Initium here.

Collaborations & Integrations

ProBit Joins Forces with UniLend to Bring the Next Wave of Users into DeFi

Dec 2: 🥂 Recently we announced that we will be listed on ProBit, which is one of the top 20 cryptocurrency exchanges in the world. Though there is much more to the story, we are also collaborating with their great team to bring new DeFi capabilities to ProBit users.

⚡️ Not only will ProBit’s strong user base and rapid growth increase the strength of liquidity on UniLend but it will also contribute to the overall momentum of DeFi together.

✨ We are excited to work with such a talented team that truly understands the future of crypto and where centralized and decentralized exchange technology is headed.

📚Read more about our collaboration here.

Leading Korea-Based Exchange ProBit has Now Listed UFT with our First-Ever KRW Trading Pair!

Dec 4: 🥂 Pop the champagne! ProBit, a top 20 global crypto exchange, listed UFT via UFT/KRW and UFT/USDT trading pairs. We are excited to continue our relationship with this bold and forward-thinking exchange.

🎉 UFT deposits & trading are now live!

https://www.probit.com/app/exchange/UFT-USDT

https://www.probit.kr/app/exchange/UFT-KRW

🇰🇷 This is a huge step forward for UniLend. Our collaborations will greatly increase our presence within Korea, which is known for its inclination towards new technologies and is responsible for nearly 30% of the total crypto trading on a global scale.

📣 At the recent International Demo Day event we let the world know that there are many more collaborative efforts in the pipeline between UniLend and ProBit, so stay tuned!

UniLend Hosted an Exclusive Sale for 50% Off $10,000 in UFT on ProBit Exchange

Dec 9: 💰 Recently, on December 9th, we added liquidity onto ProBit exchange at an amazing rate. The amount was for $10,000 worth of UFT, which was sold for 50% off as an exclusive sale for ProBit exchange users.

🎉UFT token listing and our collaboration with ProBit was a major event for UniLend and our community. The ProBit exclusive token sale was launched to celebrate our entry into the Korean blockchain ecosystem, whilst also being a great way to spread the word about UniLend among the ProBit community.

UFT is Now Listed on Messari! Home to Professional Grade Crypto Data & Research

Dec 11: 📊 Messari offers crypto enthusiasts and professionals a streamlined interface and crypto alerting system. Additionally, Messari is an integral part of monitoring crypto assets, from the more established to the new and hot tokens launching.

⚡️ We all know that crypto moves at lightning speed and can be hard to keep track of, though Messari’s powerful platform makes keeping track of all major events easy.

🤝 It’s amazing to work with the best firms in crypto, and today is no exception. We are entirely enthusiastic about this new collaboration and can’t wait to start seeing our community gathering key insights about UniLend from their platform.

🌐 Visit Messari to start exploring this market-leading research firm's condensed, accurate and up-to-date intel today.

Major Decentralized Exchange Aggregator, DEX.ag, has Added Support for $UFT

Dec 14: 🦾 DEX.ag users can now easily browse and compare UFT exchange rates on a wide array of well known high liquidity DEXs. DEX.ag will automatically filter through all its indexed DEXs and immediately provide you with the DEX that offers the best rate for UFT tokens.

📊 DEX.ag will also provide you with the ability to conveniently interact with all their aggregated DEXs, so you can make trades on them directly from their native platform. This seamless ability to evaluate exchange rates, and trade UFT all on one platform should be very beneficial for our community.

🌐 You can find out more about DEX.ag, and all the various DEXs they aggregate here.

StaFi is Joining the UniLend Ecosystem to Unlock DeFi Functionality for Staked Tokens

Dec 15: 💥Staking finance protocol StaFi is preparing to join the UniLend ecosystem and bring their unique rTokens onto our platform. StaFi’s rTokens will add immense value to UniLend and the DeFi community.

🦾rTokens will enable users to utilize their staked tokens for DeFi functionality on UniLend. Users who bring their rTokens onto UniLend will be able to use them to trade for other tokens, or add liquidity to our liquidity pools. Users will also be able to use their rTokens as collateral or lend them out on UniLend.

🤝UniLend is the first cryptocurrency money market StaFi is collaborating with. We are excited to be working alongside StaFi to expand the possibilities of the DeFi ecosystem and assist the space to flourish and thrive.

📚Read more about our collaboration here.

Nomics, the Data Backbone for Real-time Crypto Information, Lists UFT for Further Insights

Dec 16: 👀 If you’re looking to keep track of UFT-related data such as real-time crypto market cap rankings, historical prices, charts, all-time high records, and supply information feeds, then Nomics is what you’re searching for!

⚜️ Nomics’ mission is to help grow the decentralized financial ecosystem by making it accessible and understandable to data-driven investors. 80% of their customers are hedge funds and family offices which go to show their integrity and reliability.

🌐 View UniLend on Nomics here.

CryptoLocally’s Community has Eagerly Voted to List $UFT on their P2P DEX!

Dec 17: 🙌 CryptoLocally, the world’s first fully decentralized peer-to-peer DEX, utilized their shared governance model (which they call GIVernance) to vote to list UFT on their platform! This makes UFT the second cryptocurrency ever to be listed on CryptoLocally via their shared governance model.

🔥 The UniLend community will find that the CryptoLocally DEX is equipped with a superb user interface that is easy to navigate. To top it all off, CryptoLocally is one of the very few decentralized exchanges that support fiat currency options for buying cryptocurrencies!

🤝 CryptoLocally is relentlessly working to revolutionize decentralized finance and peer-to-peer trading. At UniLend we admire their innovative and revolutionary spirit, and we look forward to working together to advance the DeFi movement via our listing and further collaboration.

🌐 Learn more about our collaboration with CryptoLocally here.

Social-Driven Crypto Research Platform LunarCRUSH has Listed UniLend

Dec 22: 📊 UFT social data, price feeds, and historical data are now available on LunarCRUSH! In addition, users are able to track the top most influential community members that support UniLend. Gauge UFT’s performance via LunarCRUSH’s Galaxy Score and AltRank features.

🌜LunarCRUSH is celebrated for assisting users to keep their finger on the pulse of the crypto space, with support for over 2K cryptocurrencies, 200M+ social posts collected, and unique crypto community metrics.

🚀 This powerful research application delivers community-driven insights into digital assets and exchanges via APIs that aggregate real-time data to provide a comprehensive market overview. Enhance your UFT market knowledge by signing up for LunarCRUSH today!

🌐 Access LunarCRUSH’s comprehensive UFT data feed here.

UniLend (UFT) has Been Listed on Crypto Data Aggregator CoinCodex

Dec 27: 💨 If you’re looking for a window into the fast-paced world of crypto, with the use of real-time data feeds and historical charts for over 7000 cryptocurrencies, then look no further — CoinCodex has you covered.

🔎 Track your favorite crypto $UFT by simply adding us to your CoinCodex watch list or intuitive portfolio feature. Don’t worry, you don’t have to be tied to your personal computer; CoinCodex is also optimized for your mobile phone for on-the-go usage. 📱

🤜🤛 Being a community-first project leads us to work with teams that value communication highly, so we are happy to know that CoinCodex prides itself on giving great customer service with a quick response.

🌐 Stay informed by tracking UFT on CoinCodex today.

DeFi Education

UniLend Continues Our “Did You Know” Series

Dec 8: 🦾 Did you know that UniLend is making DeFi truly decentralized? UniLend listings are completely permissionless with a total addressable market including over 6,000 crypto-assets.

✅ Anyone will be able to list any ERC20 asset on UniLend. No gatekeepers will be lording over who can list which assets or when.

Catch up on the Most Recent Iteration of our DeFi Dissected series, UniLend Vs. bZx Protocol!

Dec 12: 👁 Looking for a series that packs a punch and educates you at the same time? If so, you’re in for another hard-hitting and eye-opening comparison of two key DeFi protocols.

🥇 We’re excited to look under the hood of the prestigious bZx protocol and compare it with our game-changing secret sauce. If you haven’t caught on yet, by reading this series, you should realize that UniLend is totally unmatched among the major DeFi players.

👏 Please put your hands together for the sixth edition of this series. We have worked hard to extract comparative data for our precious community members, in order to prepare you for the DeFi platform release of a lifetime later this month.

🏋️‍♂️ Stand together, stand strong; we are the revolution, we will change DeFi forever!

🌐 Check out our comparison of UniLend and bZx here.

Community Outreach & Initiatives

UniLend Finance AMA with Key DeFi Players From Around the World at TDeFi’s International Demo Day

Dec 3: 🎤 Our CEO & Co-founder, Chandresh Aharwar, presented our revolutionary protocol and game-changing DeFi capabilities in front of thousands of influential titans of the DeFi space.

⭐️ It was great to rub shoulders with these individuals while attending this exceptional acceleration program for DeFi & NFT ventures. The world was watching, and we believe we WOWed everyone with our presentation.

📺 Watch the event on YouTube here.

UniLend Introduces the Pride of UniLend Award

Dec 9: 👁 The UniLend team will select the most supportive community member every month going forward. They’ll be rewarded $50 in UFT and will assume the title of PoU (Pride of UniLend)!

🔥 Our team will specifically be looking for individuals that support us to spread the word about UniLend and help to foster a strong community. Activities considered include:

• Supporting on social media outlets (likes, retweets, comments, original posts).

• Content creation (infographics, memes, GIFs, videos, articles)

• Assisting community members in our Telegram group

• Connecting UniLend with potential partner projects

🛡 UniLend Finance is a movement, we want to unlock the true potential of decentralized finance and open new opportunities for our community. Are you ready for greatness?

UniLend AMA with Leading Korean Exchange ProBit

Dec 10: 🤝 Following our listing on ProBit and our hugely successful ProBit Exclusive sale, our CEO & Co-founder, Chandresh Aharwar, joined the ProBit Telegram group to connect with the community and answer everyone’s questions.

🎁 The AMA consisted of a live Q&A session with the community followed by a UniLend-related quiz. Both segments carried rewards of $75 in UFT, meaning a total prize pool of $150 in UFT!

UniLend was featured in Crypto Lark’s Wealth Mastery Newsletter

Dec 18: 🤝 It was our pleasure to have Crypto Lark interview Chandresh Aharwar, our CEO and Co-founder, for the 24th issue of his cerebral newsletter. This was like no other interview; we shed light on some of the deepest questions we’ve ever been asked.

🗝 Crypto Lark’s Wealth Mastery newsletter is renowned for providing exclusive info, tips and insights to help its readers grow their wealth and stay ahead of the curb. We hope everyone enjoys the exclusive insights that were shared within this issue!

🦾 Some of the highlights of this interview were the questions Lark asked us about the key comparisons between UniLend and the other major DeFi protocols within the space. We explained why we’ll be THE DeFi project to compete within 2021 and beyond.

🌐 Get your hands on this interview here.

UniLend ‘Did You Know’ Community Contest

Dec 18: 🌟 We encouraged everyone to create educational content pieces that highlighted key points about UniLend. The topics included our technology, features, partnerships and milestones in our roadmap

👨‍🎨 We accepted various creations in the form of graphics, GIFs, video clips, etc. for the contest.

🎁 We selected the top 5 Did You Know pieces, which received a reward of $20 in UFT each.

🌟 Thank you to everyone who took the chance to shine! It was a great show of strength to the cryptosphere!

Chandresh Aharwar Interviewed with Coinscrum for the Latest Meet the Founders Series

Dec 21: 🚀 It was a pleasure speaking with Coinscrum regarding our mission to revolutionize the DeFi space, especially in the month of our Alpha release.

✅ Topics covered include our strengths and advantages over current DeFi protocols, how UniLend is presenting all projects with the opportunity to gain full DeFi functionality, UFT token utility and benefits for holders, our Alpha release, and much more!

💬“DeFi is missing a complete solution which can facilitate permission-less lending and borrowing, in addition to exchanging, of any token. UniLend is building a complete ecosystem to fill this gap and bring the next wave of users into DeFi.”

🌐 Watch the full interview here.

UniLend Joined CryptoNews ID for an AMA

Dec 21:🎉 Our CEO & Co-founder, Chandresh Aharwar, and Marketing & Operations Lead, Ayush Garg, joined the CryptoNews ID Telegram for an AMA. Everyone joined in to hear more about us, our progress thus far, future plans and the highly anticipated Alpha launch which came later in the month.

🎁$100 in UFT was split among the best questions asked!

Thank you to everyone who took part! It was a pleasure to connect with the CryptoNews ID community.

UniLend opened Early Access for its Alpha “Initium”!

Dec 23: ✅ We were on the lookout for UniLend community pioneers that wanted to be whitelisted for early access to our Alpha. It was a chance to be one of the first to experience our one-of-a-kind user-friendly protocol.

🚀 We’re delivering more than promised with the Alpha release and there’s much more to come in the near future. Q1 of 2021 will also be jam-packed with many updates such as the launch of our Beta and Mainnet releases. 👀

💥 We are excited to hear your feedback. Get ready for greatness!

UniLend Received an Astonishing 42,000+ Registrations for Our Early Access Alpha Release Program

Dec 26: By the time the registration window closed for early access to our Alpha, Initium, we received an astonishing 42,000+ registrations!

🏅 Those that were selected received test tokens and a guide to using Initium. Remember everyone else will also soon have a chance to examine Initium in due time.

🌎 UniLend would like to thank our exceptional community for the overwhelming response, it is very heartwarming to know that all of our hard work will soon be appreciated.

Community Growth

UniLend Telegram Crosses 13,000 Community Members

Dec 1: As the market heats up and UniLend begins to excel, we reach exciting new growth milestones. As a community-centered project, it is just as important that our community continues to grow.

Join in on the conversation within our Unilend Finance telegram community channel and be a part of the new DeFi revolution!

👥 Telegram / Announcements / Twitter

We Recently Crossed the 11K Follower Threshold on Twitter

Dec 21: 🥳 UniLend is proud to have seen our Twitter community grow so quickly; it is inspiring to think that we initiated our Twitter in July, and have already surpassed the 11,000 follower mark! We can’t thank our community enough for being with us from the start and helping to accelerate us on our journey so far.

🎉 As we march forward let’s not forget everything that has gotten us this far and keep the momentum building. There is so much more in store for our community, such as events and benefits for following, so stay tuned!

👏 We must take the time to thank our skillful and pioneering UniLend Legion for leading the charge as ambassadors of our revolutionary project. Let’s show them some love by following their new Twitter account here.

To Keep up with our Massive Community Growth, we Launched our Indonesian Telegram Community

Dec 23: 💎 As a community-centered project It is exciting to see our community growing so quickly!

🌏 It is important that we not only revolutionize DeFi, but that we also strive for a strong community worldwide. More regional communities are coming soon!

🦾 Many hands make light work, so let’s work together to spread the word that UniLend is here to unlock the true potential of decentralized finance.

🌐 Join our vibrant Indonesian community here.

The UniLend team would like to thank our community for your incredible support. We remain available to you should you have any questions. Don’t hesitate to reach out!

Website | Telegram Community | Announcements Channel | Twitter | Blog

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UniLend Finance
UniLend Finance

Written by UniLend Finance

UniLend is building the future of Web3. Enabling community to create and co-own functional on-chain AI agents, also the first-ever permissionless money market.

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