UniLend is a permission-less decentralized protocol that combines spot trading services and money markets with lending and borrowing services through smart contracts. The interest rates and collateralization ratio are based on supply, demand, and community governance. Borrowing limits are decided by liquidity in the trading pairs. UniLend’s protocol allows users to create a spot trading pair and separate money markets for any token. This enables DeFi participants to create their own lending and risk management strategies for lending, borrowing, and spot trading. UniLend allows both trading & DeFi capabilities to co-exist within the same protocol. With UniLend, you can lend your $KOM token and earn up to 30% APY*. Or you can also get a Flash Loan in $KOM token.
Step by step how to earn up to 30% APY* :
1. Prepare KOM in your wallet (orange wallet does not support browser function yet, but you can import your orange wallet to Metamask by using your seedphrase)
2. Prepare some matic in matic mainnet (0.1 matic is enough)
3. Go to browser and type app.unilend.finance
4. Go to LEND and search for KOM.
5. Enter the amount you wish to stake/lend and click Approve.
6. You can Unstake your token by going to REDEEM section at anytime.
Join Unilend Telegram Group : https://t.me/UniLendFinance
website : https://unilend.finance