UniLend OMNIS Whitepaper is now Live! The Whitepaper will h | DeFi Call's

UniLend OMNIS Whitepaper is now Live!

The Whitepaper will highlight the latest version of our protocol, UniLend Omnis, which brings the dual asset pools for lending & borrowing with price feed oracles and gas optimization.

Check out Whitepaper: https://unilend.gitbook.io/unilend-finance/whitepaper


Products & Services:

-With version 2, UniLend will introduce Permissionless Lending & Borrowing for all ERC20 tokens.

-Unlocking flashloan functionality for every token in DeFi.


Protocol Architecture:

Dual Asset Pool

-Users can create Dual Asset Pool enabling Permissionless Lending & Borrowing for any pair of assets.

-This will help lenders & borrowers mitigate risk with flexible lending options.

-Incentives users with dynamic interest rate model.


Interest Rate Model

-Utilising an interest rate model to achieve an efficient interest rate equilibrium, in every lending & borrowing pool, based on the supply & demand of the respective assets.


On-chain Price Oracles

- UniLend protocol will support price feeds from various sources including Chainlink, Band Protocol, Uniswap V3 TWAP oracle.

-Making protocol more flexible to adapt to changing market and innovations in DeFi space.


Liquidation

-The team has created a new concept of "Concentrated Liquidations", to solve the illiquidity issue for small cap assets and improve the experience for liquidators by managing multiple liquidations in a single transaction.

- Flexibility for liquidators to optimize their strategy by switching between Concentrated & traditional liquidation mechanisms as per requirements.


Non-Fungible Liquidity

- Implementing NFTs as certificates for equities. NFT will represent as lender’s right to withdraw funds from the pool.

- These NFTs will determine users’ positions in the pool and are transferable.


We’re dedicated to bringing true decentralization to the DeFi ecosystem and making every digital asset productive.

With UniLend Omnis mainnet launch there will be multiple additional features to be worked upon & not limited to on-chain Governance.

Stay Tuned

Spread the word: https://twitter.com/UniLend_Finance/status/1488158876071755780

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