UniLend is an authorization-free decentralized DeFi protocol that combines spot trading services & currency markets with lending services through smart contracts. In the currency market, the interest rate and mortgage ratio are based on market forces such as supply and demand, and the borrowing limit is determined by the liquidity of the trading pair. The UniLend smart contract integrates the two functions in the agreement, so that the two functions of transaction & DeFi coexist in the same agreement, which solves the liquidity and realization problems in the current market.
UFT token is the ERC-20 native utility token of the UniLend platform. UFT includes the following use cases in the UniLend ecosystem:
Governance: Protocol-related parameters will be decided by UFT holders through consensus to implement proposals.
Mortgage and liquidity mining: UFT holders will be able to participate in UniLend’s staking to obtain a certain percentage of fees generated by the platform, and can also mine UFT tokens by increasing liquidity and borrowing from specific pools .
Transaction fee discounts: UniLend will implement meta transactions, allowing platform users to pay cheaper fees using UFT compared to Ethereum.

The UnilLend platform includes the following features:
Support for synthetic assets: In addition to gold, silver, etc., it supports synthetic real-world assets and derivatives (such as major stocks such as FAANG and Tesla).
Permissionless, unsecured loans: The platform will launch permissionless flash loan pools, providing new financial instruments for any ERC-20 asset.