UniLend Partners with Injective to Unlock New Yield Farming Opportunities
UniLend is a permission-less decentralized protocol that combines spot trading services and money markets with lending and services through smart contracts where we provide Permission-less listing of assets, lending and borrowing where the individual is reward at an interest rate or the individual is required to pay interest rate respectively,Spot trading of corresponding pairs on UniLend platform, providing liquidity where individuals will be rewarded, Governance and Native utility tokens.
About Injective Protocol
Injective Chain is the first fully-decentralized sidechain relayer network which unlocks the full potential of decentralized derivatives and borderless DeFi such as providing traders unparalleled access to new decentralized derivatives markets without any restrictions.
Injective gives you the freedom to create and trade on any derivatives market of your choosing.
Earn cross-chain yield on Ethereum, Cosmos and other decentralized networks.
Participate in governance and shape the future of Injective Protocol.
UniLend Financed and Injective Protocol are now partners to unlock the new yield farming opportunities for our users who will soon be able to utilize Injective’s derivative products on the UniLend ecosystem for lending to receive an interest rate and for borrowing by paying an interest rate therefore, Injective Protocol will be added to the UniLend platform.
UniLend is a permission-less decentralized protocol which aims at unlocking the True Potential of Decentralized Finance and enables any ERC-20 token to be used as collateral for lending to receive an interest rate and for borrowing by paying an interest rate. The platform has also been working with some Injective collaborators such as ChainLink and Stafi.
Injective is a decentralized derivatives trading platform where you can access any market anytime & anywhere and UniLend can help to amplify the use cases of these derivative products further by allowing these assets for lending to receive an interest rate and for borrowing by paying an interest rate. This opens up a great degree of flexibility for the DeFi markets as a whole.
This collaboration between UniLend and Injective will help to further the goals of integrating the markets with a unique lending facility that can spur further growth within the DeFi markets as a whole such as creating some of the most robust derivative products within crypto.
Partnership between Unilend and Injective Protocol will not be limited to the above highlights, because they will scout more opportunities in order to grow both community in DeFi markets.