UniLend Project Updates #8 — May 2021
Announcing UniLend’s Project Updates #8
🚀 As usual, May has been a busy month for UniLend team. While volatility is normal in cryptocurrency, teams that thrive throughout it are exceptional; this month we’ve proven beyond doubt that UniLend is one of those teams.
⚡️ In May, we announced that our lending and flash loans protocol will soon launch on Polygon, initiated a $1 million ecosystem grant program, and introduced UniLend’s new mascot — the DeFi space monk. Additionally, we empowered several new tokens with access to our comprehensive suite of DeFi products, partnered with multiple IDO and pre-IDO lending partners like Genesis Shards, Poolz Finance, Red Kite, and Polka Bridge. We expanded our educational outreach efforts by increasing our presence with additional AMAs, interviews, and another one of our famous meme competitions. We airdropped tokens, rewarded our most esteemed community members, got listed on QuickSwap, and much more. In effect, we had a massively productive month, and that’s why we created this newsletter to make sure you didn’t miss a thing!
🤝 We thank those of your who have been with us for every exciting step of the way and welcome those who have joined us only recently. We hope that you’ll all continue to grow, develop, and add new functionality with us. In the exciting world of cryptocurrency, each day brings new developments. It’s great to be early!
Major Highlights
UniLend to Launch on Polygon: Unlocking DeFi’s True Potential on Ethereum’s Most Adopted Layer 2🚀
May 10: 🦾 This month, we were thrilled to announce our further expansion onto the Polygon Network! This is a major step forward for both UniLend and the Ethereum DeFi ecosystem.
✅ Any $MATIC token holder will be able to utilize UniLend for decentralized trading, lending, borrowing, flash loans, yield farming, and much more.
🤝 UniLend aims to provide all prominent DeFi communities with the freedom to unlock the full potential of their assets. Our expansion to Polygon is a major step forward in cementing UniLend’s place at the forefront of decentralized finance.
🌐 Read the full details: https://rb.gy/kppm7g
Cheers to the bright future of UniLend and Polygon’s DeFi ecosystem! 🥂
Calling All BUIDLERS! We Launched a $1 Million Ecosystem Grant Program to Accelerate Adoption 🛠
May 11: 🔋 UniLend is spearheading the march forward with a grant to power projects integrating their ideas on top of the UniLend ecosystem.
💡 If you have an idea or think you can add value to our ecosystem, please take the time to apply TODAY! There’s no time to wait, if you have a solution, product, or a project that’s looking to work with our Flash Loans, then this is your opportunity.
🌏 Our team will also support many regional and global hackathons and our Legion will initiate large-scale community outreach programs.
🌐 Read the full details and apply here: https://rb.gy/8wqtlu
The First Noble Truth: DeFi Should Be Permissionless. — Introducing Bodhin — The DeFi Space Monk & UniLend’s New Mascot 🎉
May 22: ⛓Deep within the layers of the blockchain lies an alternative story than the one with which many are familiar about how UniLend Finance as founded and evolved.
👑In the first chapter of Bodhin’s story, we learn about the not-so-humble origins of UniLend’s DeFi Space Monk and how a chance encounter between a prince and a peasant inspired UniLend’s inception.
🕉This is the story of how Bodhin’s awakening began, and how he found the First Noble Truth: DeFi should be permissionless.
📖Check out the full story here, and Bodhin’s enlightenment and UniLend’s ongoing development.
We Opened the Bridge to Polygon for Our UFT Token 🌉
May 25: 🎉 Following our recent announcement that UniLend will soon launch on the Polygon Network, we’re excited to share that $UFT enthusiasts can now easily bridge their favorite asset from Ethereum to Polygon.
✨ “The opening of this bridge is a gateway event for UniLend’s upcoming launch on Polygon. We want to offer our DeFi products to the world, and Polygon’s next-to-zero gas fees allow anyone to join the movement.” — Chandresh Aharwar, UniLend CEO & Co-founder
🌐 Check out our step-by-step tutorial to help guide you through the process here: https://rb.gy/as0gip
Collaborations & Integrations
UniLend Empowered YOP with Flash Loans & Staking 🔥
May 6: YOP staking launched on UniLend.
📲 YOP is creating a highly specialized app that aims to provide an attractive and easy-to-use UI that will provide users with a seamless DeFi experience.
🤝 We’ve been working with YOP for awhile now & we’re constantly expanding our affiliation. To celebrate our further collaboration we hosted several rewarding events!
🌐 Read more: https://rb.gy/gwntkl
Over 200,000 Coin98 Mobile Wallet Users Gained Access to UniLend’s UFT Token & Ecosystem 👀
May 7: 📲 Coin98 offers a streamlined non-custodial, multi-chain crypto wallet which acts as a gateway into decentralized finance. $UFT can now be stored, sent and received on Coin98’s mobile wallet.
⚙️ UniLend’s cutting-edge DeFi products will be available through Coin98’s wallet soon, so take some time getting yourselves familiarized with it TODAY.
✅ We are excited to bridge our global communities together in hopes of offering a revitalized DeFi experience for everyone.
🌐 Details of collaboration: https://rb.gy/6vmetq
UniLend Equipped PolkaBridge’s PBR Token with Flash Loans & Staking Functionality⚡️
May 11: UniLend was thrilled to equip PolkaBridge’s PBR Token with flash loans and staking!
🌉 PBR is a deflationary bridge token that allows users to move freely between Polkadot, Binance, Ethereum, and other chains. It enables cross-platform swapping for maximum yield.
🤝 We’re thrilled to be working with PBR as this marks the beginning of our expansion into the Polkadot ecosystem. To celebrate this momentous occasion, we be hosted several rewarding events!
🌐 Read more: https://rb.gy/ciixib
We Partnered with Pre-IDO Lending Platform Genesis Shards 🔥
May 11: 🧑💻 Soon, projects launching their pre-IDO on Genesis Shards will also have the opportunity to stake and use flash loans via UniLend.
📲 Genesis Shards transforms NFTs into liquidity vehicles for pre-IDO tokens and has established a whole new suite of DeFi products across multiple blockchains.
🤝 Being that Chandresh Aharwar, UniLend’s Co-founder and CEO, is a mentor to the project, we hope to continue creating a robust and mutually-beneficial collaboration going forward.
🌐 Details of collaboration: https://rb.gy/bjwv5d
UniLend & Ethereum Push Notification Service Teamed Up for a Pilot Program Collaboration ✅
May 13: ✈️ Get ready to take flight! We’re joining forces with EPNS to unlock the true potential of decentralized finance through clear communication.
🎙 EPNS is a decentralized notification protocol that enables smart contracts, dApps, and even traditional services to send notifications directly to wallet addresses.
⚡️ For our part in this strategic collaboration, UniLend will equip EPNS’s $PUSH token with staking and flash loans functionality.
🤝 We’re thrilled to be working with EPNS to achieve our mutual goal.
🌐 Read more: https://rb.gy/lipg5x
UniLend Welcomed Poolz as Our IDO Lending Partner
May 24: UniLend Finance welcomed Poolz to our ecosystem as IDO Lending Partner!
🧑💻 New Projects launching with Poolz will have the early opportunity to start lending and use flash loans via UniLend
🤝 UniLend Community can get chance to Lend earning High APR with the new innovative tokens
📲 Poolz is a fully-decentralized, swapping protocol that enables startups and project owners to auction their tokens for bootstrapping liquidity.
We Welcomed Red Kite to Our Ecosystem as an IDO Lending Partner 🎈
May 28: 🏆 IDOs that launch on any of Red Kite’s platforms will gain access to UniLend’s lending and flash loans protocols.
🤝 Collaborating with Red Kite will give UniLend the opportunity to connect with up-and-coming projects, giving them access to our suite of DeFi products, and deepening liquidity on our platform.
🪁 Red Kite is a multichain IDO platform that operates on Ethereum, BSC, and is currently testing on Polkadot.
📖 Read more about our collaboration here: https://rb.gy/6zaib4
UniLend Welcomed PolkaBridge to our Ecosystem as an IDO Lending Partner!🌉
May 31: 🧑💻 New Projects launching with PolkaBridge will have the early opportunity to start Lending & Flash loans
🤝 The UniLend Community will have the chance to lend, earning High APR with the new innovative tokens.
🌉 PBR is a deflationary bridge token that allows users to move freely between Polkadot, Binance, Ethereum, and other chains. It enables cross-platform swapping for maximum yield.
🚀 PolkaBridge is already launched on our platform & more than 600k tokens are already staked with a current APY of 75%!
👉 $PBR hodlers can lend their tokens here.
Community Outreach
UniLend’s Rapidly Growing Global Community Surpassed 20k Followers on Telegram!🌍
May 3: 🌊 There’s no better place to dive into DeFi than our Telegram community! Come be part of a movement that is making waves in the crypto world!
⚙️ While the world around us is still trying to figure things out, you can take the initiative and dive head first into our rewarding ecosystem to be one of the first to learn about UniLend’s powerful products.
✅ Stop what you’re doing and come join any of our social platforms TODAY!
What Do Unilend, the Human & Machine Channel and Chinese Mainstream Media have In Common? Read On! 💎
May 7: 🎙 Tlahui Clava and Hikaru Kasai from the Human & Machine channel, interviewed our CEO and Co-founder, Chandresh Aharwar.
🎥 Human & Machine covers only the hottest services/products within the DeFi space. In this interview, we shed light on where UniLend is headed and how we are aiming to unlock the true potential of decentralized finance.
💥 Shout out to Cyber Finance China for covering this interview. Also, we were recently covered in several mainstream Chinese media video platforms like Sohu and Xueqiu.
🇨🇳 It seems that UniLend is starting to garner the attention of the Chinese crypto communities and investors.
🌐 Watch on YouTube: https://bit.ly/3vTyDv1
UniLend Wished #EidMubarak to All Who Celebrate It 🌙
May 13: May this #Eid bring abundant joy and happiness to you and your family!
UniLend Gained 30,000 Followers on Twitter!
May 19: We Appreciate Our Enthusiastic & Diverse Community! Thank You for 30k+ Followers on Twitter! 🙏
🙌 The UniLend team is grateful to everyone for being here with us. This milestone shows us we’re doing something right and is one of many more to come.
📈 We hope our community is ready for the next phase of expansion, we’ll continue to provide flash loan & staking functionality for new tokens at fast rate.
👏 Bravo to our growth and the new opportunities that will accompany it!
Unilend is Hosting Asia’s Largest Tech Conference: The Asia Innovation Summit
May 24: Prepare to Traverse New Heights at Asia’s Largest Tech Conference: Asia Innovation Summit 🚀
📡 UniLend is thrilled to be sponsoring the live Asia Innovation Summit — a research-oriented emerging technology conference showcasing implementable and scalable innovation where technology titans like Microsoft, Google, and Intel unite to discuss digital assets, decentralized finance, AI, machine learning, and so much more.
🦾 As a frontrunner in the #DeFi space, UniLend is actively contributing to build the ecosystem. To do so, we will engage in AMAs with esteemed speakers, riveting panel discussions, hands-on mentoring sessions, and more. Additionally, our CEO and Co-founder Chandresh Aharwar will deliver a dedicated keynote speech about combining spot trading services and money markets with lending and borrowing services through smart contracts to motivate budding entrepreneurs and innovators.
🙌 Network with us 1-on-1 as we celebrate the spirit of our times, the rise of decentralized finance, and share more details about our $1,000,000 ecosystem grant program to accelerate adoption of flash loans on multiple chains!
📆 June 21st -27th, 2021
✅ Register free now: https://www.asiainnovationsummit.com/
UniLend CEO & Co-founder Chandresh Aharwar Did a Candid Live Interview on Building Bridges 🌉
May 29: 🤝 The community-based YouTube stream focuses on establishing relationships between crypto tribes. At UniLend, we know that to accomplish our goal of unlocking DeFi’s true potential, we all need to work together.
👀 Watch Chandresh invoke some #DeFi space monk magic to discuss UniLend’s origins, our $1 million Developer Grant Program, the importance of a multi-chain approach, our imminent launch on Polygon & more.
📈 Chandresh will share his expertise in tokenomics, exchanges & global business development as well as the latest news about where UniLend’s $UFT token can be traded and how you can stake it to earn passive income.
📺 If you missed it live, don’t fret! You can catch the replay here: https://youtu.be/IdrrCQA-LZE
Community Initiatives & Education
We Invited our Community to Put their CyberFi Knowledge to the test with Two $600 CFI Trivia Contests! 🤖
May 3: 🎉 To celebrate CyberFi’s inauguration into the UniLend ecosystem, we teamed up to give away $600 in CFI during an entertaining trivia session!
🏆 We invited community members to join UniLend’s Telegram to show off their $CFI knowledge & win a portion of the $500 Rewards pool.
🎖 Then, we encouraged everyone to join us for round two on Instagram where we gave away another $100!
ℹ️ You may have missed your chance to win, but it’s never too late to brush up on your CyberFi knowledge by reading their blog and checking out their website.
🌐 Read more about UniLend’s ongoing relationship with CyberFi here.
We hope you can join us for the next one!
UniLend Finance ⚡️ Flash AMA | YOP | $200 in YOP Was Up For Grabs! 🎉
May 8: Atif Yaqub, YOP’s founder joined the UniLend community for an AMA about collaborating with UniLend & Flash Loans
You may have missed the AMA, but you can catch up by reading about the alliance here: https://rb.gy/gwntkl
💰 We hope you’ll join us next time for your chance to win a portion of the prize pool. This time we gave out $200 in $YOP to 15 lucky community members. It pays to join us live!
Arcane Enemy: The Pride of UniLend — April🥇
May 7: Last month, we were thrilled to award our valued community member @arcane_enemy with the Pride of UniLend Title for his many valuable contributions! 🥇
💪 We see everything he does, the amazing support he gives the UniLend community, so we rewarded him with $50 in $UFT as a token of our gratitude.
👏 Our journey and mission to bring every token to #DeFi would not be possible without great support from our community and we would like to show our gratitude towards our every supporting community member.
We Invited Our Community to Put their YOP Knowledge to the Test with 2 Trivia Contests! 🟣
May 8: 🎉 To celebrate YOP’s introduction into the UniLend ecosystem, we teamed up to give away $600 in YOP during two entertaining trivia sessions! One on Telegram and one on Instagram.
🗓 First, on UniLend’s Telegram on Sunday, May 9th, we gave away $500 in YOP to 20 lucky winners.
🎖 Then, on May 10th, on Instagram, we gave away another $100 to 10 more winners.
ℹ️ The contests may be over, but it’s never too late to brush up on your YOP knowledge in advance by reading their blog and checking out their website.
🌐 You can also read more about UniLend’s ongoing relationship with YOP here .
We hope you’ll catch the next one!
We Did a $5000 YOP Airdrop! 🪂
May 9: Everyone loves an airdrop! 🪂
🚀 To celebrate YOP launching on UniLend on May 6th & more than 259,000 YOP (almost $400k) already being staked within only 24 hours, we airdropped $5000 in YOP to early stakers!
🪱 The early bird really does get the worm! Be on the lookout for more opportunities as we continue to add additional tokens to our flash loans and staking protocols.
We Airdropped $5000 in CFI to Early Stakers 🪂
May 9: 🚀 Cyberfi stakers enabled deeper liquidity for UniLend’s flash loans platform, to thank them, we airdropped $5000 in CFI to early stakers! 🪂
✍️ Dive into our staking guide here.
🦾 The airdrop may be over, but it’s never too late to lend your tokens including $UFT: https://app.unilend.finance
UniLend Finance ⚡️ Flash AMA | PolkaBridge | $200 in $PBR Was Awarded to the Lucky Winners! 🎉
May 14: Cyclese, PolkaBridge’s CEO & Co-founder joined the UniLend community for an AMA about collaborating with UniLend & Flash Loans.
Read about the alliance here: https://rb.gy/ciixib
💰If you didn’t catch our AMA live, you missed out on a chance to win a share of $200 in PBR. Try to join us next time. It pays to participate!
We Invited Our Community to Put Their PBR Knowledge to the Test with 2 Fun Trivia Contests! 🌉
May 14: 🎉 To celebrate PolkaBridge’s introduction into the UniLend ecosystem, we teamed up to give away $600 in PBR during two entertaining trivia sessions! One on Telegram and one on Instagram.
🏆 First, winners joined our community Telegram for a chance to win their share of $500 in PBR on May 15th
🎖Then, on May 17th on Instagram, participants won another $100!
ℹ️ The contests are over now, but it’s never too late to brush up on your PolkaBridge knowledge by reading their blog and checking out their website.
🌐 Read more about UniLend’s collaboration with PolkaBridge here: https://rb.gy/ciixib.
It’s Our Pleasure to Award Our Superstar Community Member, Adesina Oluwasanmi, with the title of Shield Of Excellence!🥇
May 18: 🦾 We consider everything, your amazing support on Social Media and UniLend TG community for the Shield. We appreciate your consistency, and would like to reward you with $100 in $UFT as a token of our gratitude.
🛡 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!
🤝The strong community behind UniLend has always been very active in spreading the word. We’re continually looking for new ways to show our gratitude for your efforts. Congratulations again.
We Did an AMA in the Crypto Community Center & Gave Away $200 in UFT! 🎉
May 19: 🚀 Our Community Lead, Vishal Kothari and Marketing & Operations Lead, Ayush Garg joined the Crypto Community Center for an eventful AMA session.
🙋♂️We gave away $200 in UFT for participants on Telegram and Twitter. Make sure you catch the next one for a share of the rewards!
We Launched an Instagram Photo Competition
May 20: We asked our followers who are feeling creative to participate in a photo competition 🧑🎨
During UniLend’s Instagram competition, we gave away $150 in $UFT! 🔥
🏆 To win, we asked participants to:
✍️ Write out UniLend/or show App in any form
🤳 Snap a pic
📫 Post your photos with the hashtag #MyUniLendMoment
✅ Tag & follow @unilendfinance
We Held at $400 UFT Meme Contest
May 22: To Celebrate UniLend’s Integration on Polygon, We Invited the Community to Show Off Their Meme Skills! 🚀
🙌 We asked everyone to show off their creativity and enthusiasm for the launch of our many innovative DeFi developments!
💡 We encouraged our community to make memes on one of the following three topics: flash loans, our launch on the Polygon Network, and UFT staking.
🎨 We welcomed creations in the form of graphics, GIFs, video clips, and whatever else participators thought would get others excited about UniLend’s coming functionality.
🗓 Our campaign ran from May 22nd until June 2nd at 5 PM IST.
🏆The $400 $UFT prize pool was split as follows:
🥇1st place: $100
🥈2nd to 5th place: $50 each
🎖6th-10th place: $20 each
You still have a couple of days to get in on this, so don’t miss it! Get paid to meme with UniLend!
Crypto Library Hosted UniLend Execs for an Eventful AMA!
May 24: UniLend’s Vishal Kothari and Ayush Garg Joined Crypto Library for an AMA with a $150 UFT giveaway! 🎉
🙋♂️We rewarded participants from Telegram and Twitter with $200 in UFT.
Don’t miss the next one! It pays to join us live!
Exchange & Aggregator Listings
Our Market Exposure Increased with Our Listing on CryptoRank! 📈
May 14: CryptoRank is the perfect tool for keeping tabs on our progress while we gear up for our next release! 📈
✅ CryptoRank is an aggregator site that provides crowdsourced and professionally-curated research, analysis & market-moving news to help its users make well-informed trading decisions.
🔎 Track your favorite crypto $UFT by simply adding us to your CryptoRank watch list. We are sure that this listing will bring additional visibility to UniLend and UFT.
🚀 With visibility comes adoption. Buckle up!
🌐 You can now track UFT token information on CryptoRank here: https://cryptorank.io/price/unilend
UniLend’s UFT Token Was Listed & Can Now be Traded on QuickSwap! 🐲
May 26: 🎉 At long last, UniLend’s highly-anticipated launch on Polygon is imminently upon us! Today, we’re excited to share that QuickSwap has added 2 $UFT pairs (UFT-QUICK & UFT-ETH) to their popular DEX.
⚡️ UFT enthusiasts can now buy, sell, and trade their favorite asset for next to zero gas fees at lightning fast speeds on QuickSwap.Exchange
✨ What’s more! Liquidity providers for UFT’s 2 incentivized pairs will earn their share of 7 daily $QUICK rewards AND 0.25% of trading fees collected from the pair.
🥇The QUICK pair earns 4 QUICK/day
🥈The ETH pair earns 3 QUICK/day
🐉 We hope our community all shares our affinity for dragons and enthusiasm to join forces with the QuickSwap community as we prepare for UniLend’s launch on Polygon.
🌐 Learn more about our collaboration here: rb.gy/knzlgf
🐉 QUICK UPDATE! $UFT Liquidity Mining Pools Earned a Massive APY of 4500% 🔥
May 29: ✅ Liquidity providers earned 3 & 4 $QUICK plus fee rewards from UFT/ETH and UFT/QUICK pools, from May 26th — June 2nd.
⚒ Here is the link to the mining pools — UFT/ETH | UFT/QUICK
💪 $UFT trading went live 1st on QuickSwap as we expanded to Polygon, read more here.
Conclusion
As you can see, despite volatile market conditions, UniLend has been as hard at work as always, developing our product, expanding our use cases, and growing our community. If you haven’t joined us yet, we hope you’ll stop by any of our social platforms very soon to connect with DeFi enthusiasts like you and help us continue to build the decentralized future of finance.
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