{
  "trx_id": "62832955d8bdf92127ba2d609f308915d92cc8cc",
  "block": 106148415,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T04:24:45",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "6025.112261 VESTS"
    }
  ]
}

{
  "trx_id": "b91fddc6de4aa445a29272f42a1819f686a3a4c6",
  "block": 105995907,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-12T20:42:27",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "3312.901856 VESTS"
    }
  ]
}

{
  "trx_id": "ec54ae53d00b31f014b7b345ba0893fff57231e3",
  "block": 105515948,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-04-26T03:39:03",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "6037.628017 VESTS"
    }
  ]
}

{
  "trx_id": "f8bff5fe13b90fa86effa92dfbf3432f5e0b3fee",
  "block": 102865192,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-01-23T18:58:12",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "3354.448675 VESTS"
    }
  ]
}

{
  "trx_id": "47473dca9845947f857c856ff2a4e87672836165",
  "block": 91311440,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2024-12-17T14:09:57",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "3518.667872 VESTS"
    }
  ]
}

{
  "trx_id": "6a7dfcedfa23c0b357e5f2625151c92512a4b3c3",
  "block": 79865609,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-11-14T05:51:36",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "3687.801404 VESTS"
    }
  ]
}

{
  "trx_id": "e0279cd4f4d980951e1ce2acbae0eaceed2fdf36",
  "block": 78360202,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-09-22T08:09:51",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "6624.710190 VESTS"
    }
  ]
}

{
  "trx_id": "8a6557cb4b0fcff38723d170087d8a2a03e827cf",
  "block": 69118297,
  "trx_in_block": 7,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-11-03T15:55:12",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "6846.761628 VESTS"
    }
  ]
}

{
  "trx_id": "4cbcbdb7137833c7ea2ed9917fdd9e030764a888",
  "block": 60650743,
  "trx_in_block": 23,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-01-11T22:01:48",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "7071.666043 VESTS"
    }
  ]
}

{
  "trx_id": "d2a7a575736c32dd167da972bdbfc9ad215dbbfc",
  "block": 60238323,
  "trx_in_block": 14,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-12-28T12:21:21",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "26546.494503 VESTS"
    }
  ]
}

{
  "trx_id": "15e40189f2fbcd12dbfc58bfb74de81bc4fffcda",
  "block": 58055704,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-10-12T21:14:42",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "26730.760101 VESTS"
    }
  ]
}

{
  "trx_id": "3e062c241d86070f0a0cfdee8d0d259475803bc4",
  "block": 58053964,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-10-12T19:47:06",
  "op": [
    "comment",
    {
      "parent_author": "vishalhkothari",
      "parent_permlink": "introducing-unilend-v2-with-isolated-dual-asset-pools-for-lending-and-borrowing-of-all-erc20-tokens",
      "author": "netuno",
      "permlink": "r0vqye",
      "title": "",
      "body": "This is great! A huge step to be the first lending/borrowing protocol in the market.",
      "json_metadata": "{\"app\":\"steemit/0.2\"}"
    }
  ]
}

{
  "trx_id": "59ae7711c821b17b3bf27d39ca5f95d9442b5452",
  "block": 58053820,
  "trx_in_block": 20,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-10-12T19:39:51",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "netuno"
      ],
      "id": "follow",
      "json": "[\"reblog\",{\"account\":\"netuno\",\"author\":\"vishalhkothari\",\"permlink\":\"introducing-unilend-v2-with-isolated-dual-asset-pools-for-lending-and-borrowing-of-all-erc20-tokens\"}]"
    }
  ]
}

{
  "trx_id": "c2599301beca16f7278de0c9a5785599d89f278d",
  "block": 58053804,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-10-12T19:39:03",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "vishalhkothari",
      "permlink": "introducing-unilend-v2-with-isolated-dual-asset-pools-for-lending-and-borrowing-of-all-erc20-tokens",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "1489dc8d941af640127b622dab9634c486aefb81",
  "block": 58028596,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-10-11T22:31:24",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "netuno"
      ],
      "id": "community",
      "json": "[\"subscribe\",{\"community\":\"hive-157073\"}]"
    }
  ]
}

{
  "trx_id": "3404cd2840990106f5231ffb2d7e77be6e04e45f",
  "block": 57911109,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-10-07T20:00:45",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "7148.885396 VESTS"
    }
  ]
}

{
  "trx_id": "84bcbf12e0cc4e083c12302a3aea1f6867a2c703",
  "block": 56126553,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-08-06T10:21:03",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "26901.178974 VESTS"
    }
  ]
}

{
  "trx_id": "3fc99c85fcc1248cc56375646135ba4b5933aff0",
  "block": 55309979,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-07-08T18:57:30",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "unilend-ama-in-polygon-tg-channel",
      "title": "UniLend AMA in Polygon TG channel",
      "body": "![unilendama.png](https://cdn.steemitimages.com/DQmXTsXMxdqWhipRw7h82Eymy49w69ij4qhqwitLYQf8RKW/unilendama.png)\n\n\nHi Folks!\nUniLend Finance's  CEO, Chandresh Aharwar participated in an AMA session on June 11th on the Polygon TG channel (https://t.me/polygonofficial) and Below a recap of this event.\n\n# Segment 1: Introduction and basic questions\n**Polygon:**\n👋Hello @ChandreshAharwar, Welcome to the Polygon community🙂\n\n**Chandresh Aharwar:**\nglad to be here.\n\n**Polygon:**\n🙌Pleasure to have you! Could you please tell us a little about yourself and how UniLend Finance came into being?\n\n**Chandresh Aharwar:**\nsure. Before we get started I would like to thank the Polygon team and community for graciously welcoming me back into the Polygon family. It’s good to be back! For those who aren’t yet familiar, I’m Chandresh Aharwar, the CEO & founder of UniLend. Prior to founding UniLend, I was the lead of Marketing & Strategy at Matic Network, which is now known as Polygon. The idea for UniLend came about when I realized how difficult it was to get the MATIC token listed on AMMs, DEXs, and lending/borrowing platforms. I thought DeFi was supposed to be permissionless, but without including every token people want to exchange, it just isn’t. We were seeking a solution, and so UniLend was born. In regards to UniLend, it’s a comprehensive DeFi protocol with the mission to unlock the true potential of decentralized finance. Again, the concept for UniLend came from the simple idea of allowing every token to access DeFi. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $29B+ of assets which are currently excluded from DeFi. Many DeFi users say UniLend will be a combination of Uniswap and Aave. It’s true, that’s one way to think of our protocol. In addition to an intuitive UI, we’ve recently expanded to work on multiple chains. Currently, our Permissionless Flash Loan and lending products are live on three networks: Ethereum mainchain, BSC, and now on Polygon. We encourage everyone to look over our links to better familiarize themselves with any further questions they may have about UniLend Finance.\n\n**Polygon:**\nWow, this seems interesting,🙌it’s been an amazing journey🙂\n\n**Chandresh Aharwar:**\nApp: https://app.unilend.finance/\nLitepaper: https://unilend.finance/docs/unilend_lightpaper.pdf\nTelegram: https://t.me/UniLendFinance\nTwitter: https://twitter.com/UniLend_Finance\nReddit: https://www.reddit.com/r/UniLend/\nLinkedin: https://www.linkedin.com/company/unilend-finance/\nFacebook: https://www.facebook.com/UniLendFinanceOfficial/\nMedium: https://unilend.medium.com/\n\n**Polygon:**\nAmazing! Can you tell us a bit more about UniLend and its features?  \n\n**Chandresh Aharwar:**\nYeah, sure. You can imagine UniLend as a combination of Uniswap & Aave. We aim to provide permission-less lending & borrowing for all the ERC-20 assets & more. We also have a lending & flash loan version already live & recently launched on polygon too https://app.unilend.finance/\n\n**Polygon:**\nAmazing stuff! Super excited for the recent launch!\n\n**Chandresh Aharwar:**\nYeah. It's so great to see the amazing support for UniLend from polygon community & ecosystem.  \n\n**Polygon:**\nIt always feels great to support such innovative projects! What are the major milestones UniLend has achieved so far and what can we expect from you guys in the future?  \n\n**Chandresh Aharwar:**\nLately, we have been talking to so many polygon ecosystem teams & so many upcoming projects too. It's just amazing to see how polygon supporting Ethereum. Well, we have the most affordable flash loan product available in the ecosystem curently. We have also received huge traction for our $1 Mn grant we launched recently & many new projects are building on our flash loan solution. Our community has grew to more than 100K+ with amazing support of more than 40 UniLend Ecosystem projects & ot keeps growing. We have also focused on providing the good environment for traders on $UFT & we are also available on binance with BUSD & ETH pair. Our roadmap is huge & we have so many things coming up in next few months. Our Community will be in for big surprices soon. \n\n![uft-eco3.png](https://cdn.steemitimages.com/DQme1CcYpWY7gfGDhGnYS7q7tU5nY3rodEXbSJNMr6TPHse/uft-eco3.png)\nThis image does give some idea of how we have grown in last few months\n\n**Polygon:**\n🙌WoW! Looks like the Ecosystem is growing at a fast pace!\n\n**Chandresh Aharwar:**\nYes, it is. Our team has some of the most hard working folks in the eco-system I came aceoss.\n\n**Polygon:**\nIndeed!  Can you shed some light on UniLend’s features, and how to get started with UniLend?\n\n**Chandresh Aharwar:**\nhttps://www.youtube.com/watch?v=ndeF5Rjo_vg\nThis video should give good idea to users about our recent product. https://app.unilend.finance/ You can start lending your $MATIC here along with some other tokens & earn some APR. https://t.me/UniLendAnnouncement/346 If you are looking to use flash loans for on-chain liauidity, collateral swap, liquidation optimization or arbritrage opportunity you can take flash loans at a minimal fees of 0.05%\n\n**Polygon:**\nWoW! Sounds like an amazing opportunity for MATIC holders. As we have already touched upon Polygon, Can you tell us a little bit about how your experience was building on Polygon and what are the advantages of UniLend working with Polygon?\n\n**Chandresh Aharwar:**\nThis tweet says it all. Do watch the video\nhttps://twitter.com/chandresh1091/status/1391786085978546179?s=19\nPolygon:\n🙌Awesome! This tweet says it all. Moving ahead, can you tell us what will the future of UniLend in the decentralised finance revolution look like? Can you talk to us about your roadmap?\n\n**Chandresh Aharwar:**\nSo, as our community has been asking to add suppport for polygon & other major chains. We moved this up from our roadmap & focusing on growing continuosly with more tokens as an options for flash loans & continuosally drive innovations in this area & hence the $1 Mn grant. Going forward our focus is on delivering the flagship product of permission-less lending & borrowing. This will be the game changer in industry & no other team is working towards solving this problem. Apart from this our research team have been working on something to benefit the complete DeFi ecosystem & we will be sharing more information on this soon. This was not the part of our roadmap. Things are going to get exciting for UniLend community. Stay tuned🙂\n\n**Polygon:**\nThat’s awesome to hear And I’m sure there’s so much more to come!\n\n**Chandresh Aharwar:**\nIndeed!\n\n**Polygon:**\nGreat! Before we conclude, I think there are many in the community who would love to join UniLend and stay up to date with all the news. What’s the best way to keep in touch?\n\n**Chandresh Aharwar:**\n👥Join us on social media: Telegram / Announcements / Twitter / Reddit\n\n**Polygon:**\nPolygon Fam, do show some love to UniLend here!\n\n**Chandresh Aharwar:**\nWe keep on sharing all the updates on every platform. Twitter & Telegram community are most active\n\n# Segment 2:  Live questions\n**Q1. Being an ex-Polygon employee, how did your experiences there shape your journey with Unilend?**\n\n**Chandresh Aharwar:**\nI was part of Matic for more than an year & having worked with amazing team did help a lot. Overall, UniLend was totally new experience with doing things from scratch & taking the role of CEO was specially very challenging with managing all the different verticals of company. Leaned a lot & still learning daily from the amazing folks in this ecosystem. \n\n**Q2. how can users be sure they are safe while using your protocol? Is it audited?**\n\n**Chandresh Aharwar:**\nYes. Our protocol is audited by certik & is live from more than 2 months without any issues till now. https://docs.unilend.finance/the-protocol/audit-reports \n\n**Q3. UniLend is global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners?**\n\n**Chandresh Aharwar:**\nPermissionless feature of our protocol gives lot of control in the hands of our community through governance. We are definately a global project & our community comes from all the regions. That's why our team has also translated docs to multiple languages for supporting global community. We also have many global communities growing continuosly\n\n**Q4. Many new projects initially developed well but were suddenly abandoned. How will UniLend manage the project to maintain its position in the market and become a good project in the blockchain world?**\n\n**Chandresh Aharwar:**\nWell, we are backed by some of the well known investors in industry. Also, our team has a past track record of delivering products like metatransact & I was also a part of Polygon previously. So, the trust is already there. Also, our product is live & growing daily. We are listed on Binance also. And we are continuosly delivering on our promises & will keep doing it👍\n\n**Q5. Can you indicate a feature or features that you like best about the platform so that it can compete with other competitors? What are you most confident about for your platform? Do you have plans to get users to choose your platform?**\n\n**Chandresh Aharwar:**\nOur current version offers permissionless flash loans with best fees in the industry. We are also leading from the front, driving the innovations in flash loans area & on our lending & borrowing protocol. We are one of the unique team solving problems in the industry, no other team focusing currently Thanks a lot @Cryptotechn & complete polygon team for inviting🙏Great expereince🔥\n\n**Polygon:**\nThank you so much for joining us today @ChandreshAharwar, it was awesome having you! All the best for the awesome roadmap ahead🔥",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\",\"ama\"],\"users\":[\"chandreshaharwar\",\"cryptotechn\"],\"image\":[\"https://cdn.steemitimages.com/DQmXTsXMxdqWhipRw7h82Eymy49w69ij4qhqwitLYQf8RKW/unilendama.png\",\"https://cdn.steemitimages.com/DQme1CcYpWY7gfGDhGnYS7q7tU5nY3rodEXbSJNMr6TPHse/uft-eco3.png\",\"https://img.youtube.com/vi/ndeF5Rjo_vg/0.jpg\"],\"links\":[\"https://t.me/polygonofficial\",\"https://app.unilend.finance/\",\"https://unilend.finance/docs/unilend_lightpaper.pdf\",\"https://t.me/UniLendFinance\",\"https://twitter.com/UniLend_Finance\",\"https://www.reddit.com/r/UniLend/\",\"https://www.linkedin.com/company/unilend-finance/\",\"https://www.facebook.com/UniLendFinanceOfficial/\",\"https://unilend.medium.com/\",\"https://www.youtube.com/watch?v=ndeF5Rjo_vg\",\"https://t.me/UniLendAnnouncement/346\",\"https://twitter.com/chandresh1091/status/1391786085978546179?s=19\",\"https://docs.unilend.finance/the-protocol/audit-reports\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "3bdabfc9c25b64df725139f9c61c17a670f51315",
  "block": 54568535,
  "trx_in_block": 40,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-06-12T15:55:00",
  "op": [
    "transfer",
    {
      "from": "crypto.piotr",
      "to": "netuno",
      "amount": "0.003 STEEM",
      "memo": "Regarding the latest information and development of Steemauto. Old SteemAuto is already being switched off. Today, I would like to introduce you to new version of SteemAuto launched by one of most reputable witness. You can find it here: https://worldofxpilar.com/dash.php . I've helped testing it and it's WORKING GREAT so far (In case if you would have any questions, consider joining their discord channel: https://discord.com/invite/VAHHsmnNaJ )"
    }
  ]
}

{
  "trx_id": "9e036df49c79819c8ccb4fc869f64c91a40eb989",
  "block": 54386878,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-06-06T07:23:48",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "netuno",
      "permlink": "unifarm-conclave-usd1800-airdrop",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "76e6b2b790b3dffb1b00d55904c9b9ab6350e03c",
  "block": 54386875,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-06-06T07:23:39",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "unifarm-conclave-usd1800-airdrop",
      "title": "UniFarm Conclave - $1800 Airdrop",
      "body": "![image.png](https://cdn.steemitimages.com/DQmbfogQca6DYMctx5TibaNxG3qeEuv2ELzch1oD8TW65tc/image.png)\n\nLaunched on February 3, the fist Cohort brought 5 big project and started a new way of staking and earning rewards.\nNow #Unifarm is giving away $1800 as an airdrop, celebrating the UniFarm's 1st Conclave.\n\nJoin here: https://gleam.io/rjJGF/unifarm-conclave-1800-airdrop\n\n#UnifarmCohort11",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"airdrop\",\"unifarm\",\"unifarmcohort11\"],\"image\":[\"https://cdn.steemitimages.com/DQmbfogQca6DYMctx5TibaNxG3qeEuv2ELzch1oD8TW65tc/image.png\"],\"links\":[\"https://gleam.io/rjJGF/unifarm-conclave-1800-airdrop\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "e459f2e45a8f4e91b72ebc875a8c5eceaa339f83",
  "block": 54228480,
  "trx_in_block": 7,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-05-31T18:24:24",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "27087.722892 VESTS"
    }
  ]
}

{
  "trx_id": "9429bfc7ecfbcd04a04fe2cd194925bc9c8e3f4e",
  "block": 52490059,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-31T20:38:27",
  "op": [
    "vote",
    {
      "voter": "gruntalpha",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-im-community-tg-channel",
      "weight": 5000
    }
  ]
}

{
  "trx_id": "f9df70dc87861c500f6dd43fa3516111e37090fe",
  "block": 52490048,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-31T20:37:54",
  "op": [
    "vote",
    {
      "voter": "gruntbeta",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-im-community-tg-channel",
      "weight": 5000
    }
  ]
}

{
  "trx_id": "87d61213186c99ecbaa78f944290916630a60978",
  "block": 52489970,
  "trx_in_block": 10,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-31T20:33:57",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-im-community-tg-channel",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "bfec15ec11466da5cfeb5ce2c85ffd766cc6c1de",
  "block": 52489965,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-31T20:33:42",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "hive-110112",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-im-community-tg-channel",
      "title": "UniLend AMA Recap on Im Community TG channel",
      "body": "![unilend-imcommunity.png](https://cdn.steemitimages.com/DQmV4HtLsVy2SN4hBskXfbQzR7nzQednxpZ8kRakYbyaQfv/unilend-imcommunity.png)\n\nHi Folks!\n\nUniLend Finance participated in an AMA session on March 29th on the IM Community TG channel (https://t.me/imcommunityitw) and Vishal Kotahri, UniLend's community lead and Ayush Garg, UniLend's marketing & ops leading were in this session. Below a recap of this event.\n\n# Segment 1: Introduction and basic questions\n**ImCommunity:**\nWelcome everyone. Today Im Community will host AMA with UniLend Finance. Today our guest is:  @ayushgrg @VishalBlockchain from UniLend Finance. Please introduce yourself a bit.\n\n**Vishal Kothari:**\nHey, I am Vishal Kothari - Community Lead at UniLend Finance. I have started my career from Computer Education in 1998 and exploring around various IT related businesses and services finally realised the best thing technology has given us is the Cryptocurrency as I was studying and researching about cryptocurrencies since 2014. I have been guiding projects on marketing front & community growth from more than an year & have been an early part of UniLend Team from start of the project.\n\n**Ayush Garg:**\nI am a Computer Science graduate with experience working at companies like Uber and Box8. I have been part of the Crypto space since early 2017. I have also worked with the startup Oasis — Initiated by IIM Ahmedabad and Rajasthan Government. I have been part of UniLend’s team since the launch as a lead in Marketing and Operations.\n\n**ImCommunity:**\n**Q1. What is UniLend for our audience members who don’t already know? Can you please give us a brief overview? And while you're making introductions, can you please also introduce yourself and tell us what inspired this concept?**\n\n**Vishal Kothari:**\nSure! Before we get started I would like to thank the IM community and team for inviting us to talk about our tech stack. We imagine that this conversation will have some interesting information that everyone will want to hear. In regards to your question, UniLend is a comprehensive DeFi protocol with the mission to unlock the true potential of decentralized finance. The concept for UniLend came from the simple idea of allowing every token to access DeFi. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $29B+ of assets which are currently excluded from DeFi. I have heard people say UniLend is like a combination of Uniswap and Aave. That’s one way to think of our protocol. In addition to an intuitive UI, our team has recently introduced our Permissionless Flash Loan product, which is launching on March 30th. I’m sure we’ll highlight our products a little today so stay tuned! We encourage everyone to look over our links to better familiarize themselves with any further questions they may have about UniLend Finance.\n\nWebsite: https://unilend.finance\nApp: https://app.unilend.finance\nLitepaper: https://unilend.finance/docs/unilend_lightpaper.pdf\nTelegram: https://t.me/UniLendFinance\nTwitter: https://twitter.com/UniLend_Finance\nReddit: https://www.reddit.com/r/UniLend\nLinkedin: https://www.linkedin.com/company/unilend-finance\nFacebook: https://www.facebook.com/UniLendFinanceOfficial\nMedium: https://unilend.medium.com\n\n**ImCommunity:**\n**Q2. What kinds of challenges or hurdles have you run into along the way? Also can you expand on some of the major updates that UniLend is bringing to the table in the short-term?**\n\n**Vishal Kothari:**\nI think everyone should be excited about our new flash loans product and the many updates that are coming in the short-term. Since the launch of Initium V1, our alpha release, we have been working tirelessly on several large endeavours. Of course we’re working heavily on our flagship product for lending and borrowing, we’ve made considerable headway on this and we’re on track with these developments. Though we also were multitasking by working in stealth on flash loans. Our flash loan product is going to change everything. This isn’t just another flash loan product to add to the market though. Our iteration is very competitive being that it will be nearly 3x more gas and cost efficient than the current leading solution. In addition, our flash loan product will be permissionless, which means we’ll be tapping into a much larger and unexplored market. https://unilend.medium.com/unilends-flash-loans-are-3x-more-cost-efficient-than-other-popular-protocols-like-aave-b42e6c6e8789\nFor those here that are unaware, last year Aave made over 2B in market income through their flash loan product. Their product currently only supports 20 to 30 assets though our product, which is quickly approaching, will support the 6000+ assets left out. You all can probably easily see that we’ll be doing something cutting edge and at a much higher scale. In addition, we released a paper recently highlighting the technical aspects of our flash loan product. Also we noticed many people talking about the airdrop and token burn mechanism that’s built into our flash loan product. Can you believe that 30% of the fees that come from using our flash loans will actually be used to market-buy UFT and burn it? That’s correct UFT will slowly become a deflationary asset. Moreover, we have a staking mechanism built into our flash loan product which will give added utility to UFT. We’ve also noticed UFT holders silently stacking more of our governance token once they found out that 70% of the fees from using our flash loan product will be distributed as staking rewards! We haven’t really run into any problems along the way, just the normal everyday things that arise with a quickly innovating team. Everyone probably already noticed from our recent deep dive into flash loans blog, that we have also been working on our UI. We have some snapshots of our product, and it’s really coming together nicely. https://unilend.medium.com/deep-diving-into-unilend-flash-loans-5eed69e75c7e Furthermore, UniLend will also have a robust governance model powered by UFT (UniLend Fiance Token), Liquidity Mining/Staking, Fusion Farming and a UniLend Ecosystem Fund for upcoming IDOs. Of course these are just a few of the updates coming in the near future.\n\n**ImCommunity:**\n**Q3. This all sounds really exciting. One question about security - how can users be sure they are safe while using your protocol? Is it audited?**\n\n**Vishal Kothari:**\nGreat question. I would say we are much more secure than other money market protocols. For instance, current protocols are dependent on other DEXs like Uniswap etc. for liquidations (which is a major concern for adding illiquid &/or volatile assets). Nobody has any sort of control on these DEXs, whereas in the case of UniLend, we are deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Hence, we are not dependent on any other protocol for liquidation & everything is handled within the UniLend ecosystem. The problem we are solving is quite large and catering to it requires a complete ecosystem. Progress on this front is going strong. Maximum security is a key priority of UniLend Finance. We’re picking up where key DeFi protocols like Uniswap left off and continuing the development of the decentralized finance revolution. Also we recently completed an extensive audit with Certik, they vigorously audited our smart contracts and we can now say we’ve passed inspection. We know that some of you may not know who Certik is, they’re best-in-class within our industry and for various other technology spaces. Their team heils from academia to enterprise to ensure the correctness and security of blockchain projects. Our community can now rest assured that they’re in safe hands. Everyone please stay tuned to our announcement channel, this is where you can find our team updates. https://t.me/UniLendAnnouncement\n\n**ImCommunity:**\n**Q4. Okay, so the community is safe., that’s great to hear. I’m sure everyone was excited to hear the audit went well. So UniLend has made some really big announcements already in 2021. What would you say is the single most important development to come out this year?**\n\n**Vishal Kothari:**\nThough our Alpha was a monumental event in our journey, there is so much more in store for 2021. We don’t believe that any of our updates are necessarily more important than the others. Each and every update we bring to the table is hard hitting and valuable for the future of DeFi.  Bootstrapping existing projects into the UniLend ecosystem with full DeFi functionality will really bring new opportunities into existence. Empowering new hot tokens with comprehensive DeFi functionality is a concept completely new to the crypto space, and something which is extremely valuable to new tokens looking to establish a user base and solid use cases for their token. Since the beginning we’ve continuously made strong partnerships in the space. For example, we’ve partnered with projects like Base Protocol to equip rebase tokens with further DeFi capabilities. Recently we also paired up with Fantom Finance to bring synthetic assets into our ecosystem. Towards the beginning of the year UniLend also partnered with Mirror Protocol, which will lead to UniLend listing the world’s major synthetic stocks like the FAANG for lending and borrowing. UniLend will be the first protocol to launch many of these DeFi functionalities and capabilities. Recently we also announced that UniLend’s flash loans will be the first ever flash loan product to deploy to the Binance Smart Chain. This cross-chain expansion should open many doors that haven’t even come into existence yet. It’s wild to think any BNB, BUSD and BEP-20 token holder will now be able to utilize their assets for decentralized trading, lending, borrowing, flash loans, yield farming and much more using UniLend. This is entirely revolutionary! To clarify, UniLend’s flash loan product will initially launch on the Ethereum mainchain. Though many of the updates we’ve talked about today will come very soon if not already launched and fully functional. It’s obvious that it’s hard to choose between the partnerships and the technical headway we’ve announced since the beginning of the year. If our communities want to continue staying in the know, they can join our daily conversations in our Telegram community. Telegram: https://t.me/UniLendFinance\n\n**ImCommunity:**\n**Q5. Awesome, I can tell your team has been working very hard. So let’s talk about UFT, how will your guys' token play into all the buzz that’s surmounting?**\n\n**Vishal Kothari:**\nThis is a really great question. There are so many points we can bring up. We’ll try to keep this short and concise though. The most recent UFT update was within our flash loans announcements. $UFT will be the first token that users can stake liquidity for to enable flash loans. This is a major utility for UFT, which will create a great demand for our token. Furthermore, UFT is our governance token. This functionality is coming next quarter, so in other words, governance is coming soon to UniLend Finance. In addition, UFT will be tied into our ecosystem through the UniLend Ecosystem Fund, Meta Transactions and many collaborations we’ve already announced and for partnerships still yet to be disclosed. Also, through various partnerships, UFT holders will gain access to other platforms for yield maximizing opportunities and cross-chain DeFi strategies. We think holding UFT will give access to many utilities not yet imagined.\n\n# Segment 2: Live Questions \n**Q1. Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project?**\n\n**Vishal Kothari:**\nGreat question. Yes we already announced our 3 regional communities.\n1. Indonesia 🇮🇩: https://t.me/UniLend_Indonesia\n2. Vietnam 🇻🇳: https://t.me/UniLend_Vietnam\n3. Nigeria 🇳🇬 : https://t.me/UniLend_Nigeria\nAlso we are bringing more regional communities so the users from different geographic can have ease of communication with the team through the regional community.\n\n**Q2. In the most projects especially defi those ones offering yield farming are driven up by hype and scarcity, so when the hype dies the project dies. What's the key to sustaining Your Project?**\n\n**Ayush Garg:**\nThis is a very good question. A lot of projects are giving stacking and Yield Farming opportunities but they are burning through their pockets to maintain higher APY. We on the other hand, made a viable business model, where the pool liquidity will be used in flash loans, which an earning project. Aave earned $1.7 million last week just from that. We have a better rate, low gas fee flash loan, with liquidity of virtually any erc 20 token. We can easily surpass Aave's revenue in few weeks from Launch. So actual 1-1.5 mil we will be generating from our pools. That's a very good APR for stakers and the business will exist as long as we have volatility in crypto markets.\n\n**Q3. Would you be happy to look back at UNILEND history and performance up to this point compared to the day you started this project?**\n\n**Vishal Kothari:**\nGreat question. So this is started with the concept of bringing every token to the DeFi as not more than 30+ tokens from top 100 is supported by the leading platforms and we at unilend believe in inclusiveness of the ecosystem and in a permission less manner. So we have started with welcoming every ERC20 token to AMM - Automated Money Markets and now we are aiming towards welcoming every token to it ;) Again you can go through our journey at our medium blog : https://unilend.medium.com/\n\n**Q4. Token burning is beneficial to any project because it can control the number of tokens in circulation and provide investors with greater incentives. Does your great project have a plan for token burning?**\n\n**Vishal Kothari:**\nYes we have developed our own burn mechanism which will initially benefit all the $UFT holders for sure.\nYou can go through advanced token burn mechanism: https://unilend.medium.com/uft-token-burn-30-of-protocol-flash-loans-fees-will-be-used-to-acquire-burn-uft-upon-our-bdc382b6e4a5\n\n**Q5. What is the team’s orientation and development plan for 2021 in the Defi region, why do you think Defi, this immature term, has a future? What results do you expect to achieve?**\n\n**Ayush Garg:**\nWe have our plans for 2021 charted here. We are going live on mainnet tomorrow with our Flash Loans and Staking. Then comes our Flagship product, Lending and Borrowing. https://t.me/UniLendAnnouncement/78. I dont agree with it that Defi is a immature term. We always had money markets, equity markets etc and we have real world transaction of all the functionalities in regular finance. With the total market of crypto currency reaching 2 trillion dollars, it is natural that we witness the financial environment maturing. But the nature at core should be decentralisation and inclusive.\n\n**Q6. In how many ways or what are the ways your project generate revenue? What is the revenue model? How it can be beneficial for both investors and for project itself?**\n\n**Ayush Garg:**\nThis is a good one. We are going to generate revenue for the liquidity pools via our Flash Loans, Lending and Borrowing Fee, Swap Fee etc. Out of all the fee collected,major part will be distributed among the stakers and liquidity providers, and some part we will use to buy back UFT (creating additional demand) and burning them (reducing overall supply). These events will add much more value to UFT token in future, along with used as currency and governance.\n\n**Q7. Can you list 1-3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?**\n\n**Vishal Kothari:**\nYes for sure. 1. Inclusion of every token\n2. We are permission-less\n3. We dont compete but we add value to the current DeFi ecosystem\nYou can go through our blog: https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350. Also our major comparisons at our DeFi Dissect series at our announcement channel https://t.me/UniLendAnnouncement\n\n**Q8. The goal of the DeFi is to create a new financial system that eliminates subjectivity, bias, and inefficiency by relying on programmable terms. Does your project support this vision and how does it participate in the DEFI space?**\n\n**Ayush Garg:**\nThis is what why we are here. We want it to be very simple so each everyone can participate in defi fluidly. Out project is open source, anyone can start their on own version with our protocol. A lot of centralised exchanges have integrated our products too because we have product which is very compatible.\n\n**Q9. Can you share your fundraising situation and how your private and public offering tokens are distributed? And what are the plans for the next IEO? What should we prepare if we want to participate?**\n\n**Ayush Garg:**\nPlease go through our tokenomics here:\nhttps://medium.com/@UniLend/announcing-the-unilend-uft-public-sale-interest-form-is-now-live-17e0cc6d7ad7\n\n**Q10. Many new projects develop well at first, but then fail to achieve good results. How will you manage and develop your project to gain a position in the market and become a good project in the blockchain industry?**\n\n**Vishal Kothari:**\nDevelopment is not a challenge for us making assured to you all here as our 2 co-founders are leading developers so we are well equipped on that front.\nAlso gaining good position for sure you can check at coinmarketcap or coingecko for our current ranking amongst 7000+ projects listed on each platform we are doing great. Our marketing team is also great as our CEO Chandresh Aharwar is from the Marketing background and handled Matic Network for marketing for months as he was VP Marketing and strategy of this great Top 100 project. You can go through our team at our website: https://unilend.finance\n\n**Ayush Garg:**\nOur community is the major stake holder in our project and we listen to all the feedback which comes our way. We have also launched our Alpha with early access to the community, and we got 33k interests, which is huge.\n\n**ImCommunity:**\nThanks for the useful information from Vishal Kotahri and Ayush Garg. Thank for coming here today.\n\n**Vishal Kothari:**\nThanks to you as well feeling great to be your guests.\n\n**Ayush Garg:**\nThank you for inviting us.",
      "json_metadata": "{\"tags\":[\"hive-110112\",\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\",\"ama\"],\"users\":[\"ayushgrg\",\"vishalblockchain\"],\"image\":[\"https://cdn.steemitimages.com/DQmV4HtLsVy2SN4hBskXfbQzR7nzQednxpZ8kRakYbyaQfv/unilend-imcommunity.png\"],\"links\":[\"https://t.me/imcommunityitw\",\"https://unilend.finance\",\"https://app.unilend.finance\",\"https://unilend.finance/docs/unilend_lightpaper.pdf\",\"https://t.me/UniLendFinance\",\"https://twitter.com/UniLend_Finance\",\"https://www.reddit.com/r/UniLend\",\"https://www.linkedin.com/company/unilend-finance\",\"https://www.facebook.com/UniLendFinanceOfficial\",\"https://unilend.medium.com\",\"https://unilend.medium.com/unilends-flash-loans-are-3x-more-cost-efficient-than-other-popular-protocols-like-aave-b42e6c6e8789\",\"https://unilend.medium.com/deep-diving-into-unilend-flash-loans-5eed69e75c7e\",\"https://t.me/UniLendAnnouncement\",\"https://t.me/UniLend_Indonesia\",\"https://t.me/UniLend_Vietnam\",\"https://t.me/UniLend_Nigeria\",\"https://unilend.medium.com/\",\"https://unilend.medium.com/uft-token-burn-30-of-protocol-flash-loans-fees-will-be-used-to-acquire-burn-uft-upon-our-bdc382b6e4a5\",\"https://t.me/UniLendAnnouncement/78\",\"https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\",\"https://medium.com/@UniLend/announcing-the-unilend-uft-public-sale-interest-form-is-now-live-17e0cc6d7ad7\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "c7bb4787b1f2187324d929ee4d1895529a1304c6",
  "block": 52412107,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-29T03:01:12",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "27275.447013 VESTS"
    }
  ]
}

{
  "trx_id": "8aecff26494f975fb03ba7d081487e81dfb20fae",
  "block": 52386629,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-28T05:33:57",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-crypto-education-and-trading-channel",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "0429cef17fc5c0f6041da04db827db53f25eb2d2",
  "block": 52386627,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-28T05:33:51",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "hive-110112",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-crypto-education-and-trading-channel",
      "title": "UniLend AMA Recap on Crypto Education & Trading Channel",
      "body": "![unilend-ama-crypto.png](https://cdn.steemitimages.com/DQmSZCcQecy1RRbqCT4G1emzzWcra35qbQTyF8ZpCyNXZgZ/unilend-ama-crypto.png)\nHi Folks!\n\nUniLend Finance participated in an AMA session on March 26th on the Crypto Education and Training TG channel (https://t.me/teachcryptocurrency) and Vishal Kotahri, UniLend's community lead and Ayush Garg, UniLend's marketing & ops leading were in this session. Below a recap of this event.\n\n# Segment 1: Introduction and basic questions\n**CryptoE&T:**\n**Starting this AMA series now, with our speakers from #UFT Unilend Finance. Ayush and Vishal. Nice to have you both here**\n\n**Vishal Kothari:**\nGlad to be here\n\n**Ayush Garg:**\nHey, Glad to be here! \n\n**CryptoE&T:**\n**Going forward to what we have today. Please do the honours of introducting yourself and a brief about Unilend Finance.**\n\n**Vishal Kothari:**\nHey, I am Vishal Kothari - Community Lead at UniLend Finance. I have started my career from Computer Education in 1998 and exploring around various IT related businesses and services finally realised the best thing technology has given us is the Cryptocurrency as I was studying and researching about cryptocurrencies since 2014. I have been guiding projects on marketing front & community growth from more than an year & have been an early part of UniLend Team from start of the project.\n\n**Ayush Garg:**\nI am from a Computer Science background with experience working at companies like Uber and Box8. I have been part of the Crypto space since early 2017. I have also worked with the startup Oasis — Initiated by IIM Ahmedabad and Rajasthan Government. I have been part of UniLend’s team since the launch as a lead in Marketing and Operations. I am glad to kickstart our new AMA series. Let me give you brief intro about UniLend. UniLend is a comprehensive DeFi protocol with the mission to unlock the true potential of decentralized finance. The concept for UniLend came from the simple idea of allowing every token to access DeFi. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $29B+ of assets which are currently excluded from DeFi. I have heard people say UniLend is like a combination of Uniswap and Aave. That’s one way to think of our protocol. In addition to an intuitive UI, our team has recently introduced our Permissionless Flash Loan product, which is coming soon. I’m sure we’ll highlight a little about this today and in future collaborations with Playcent among new and exciting UniLend updates. Our product is going live on Mainnet on 30th March. I recommend everyone to check UniLend announcement to know the details. https://t.me/UniLendAnnouncement/226\n\n**CryptoE&T:**\n**There's a buzz around Unilend's Mainnet, please let us know about such product or products ?**\n\n**Ayush Garg:**\nYeah sure, we are Launching our product on Mainnet after months of hard work and rigorous testing. Our Flash Loans product is going to multi chain, multi token, gas efficient and cheaper than popular products like Aave! Maybe thats why the buzz!\n\n**CryptoE&T:**\n**So, there will be Flash Loan which are gonna be permissionless. What are the possiblities for new Defi Projects ?**\n\n**Vishal Kothari:**\nSo far Flash Loans are on the projects like aave supporting only 20-25 projects and some stable coins for the purpose of the Flash Loans while in UniLend we will let every token can be used to be borrowed as flash loans permission less way the only thing will be required is the liquidity of the token must be there at our platform which again can be provided in single asset staking and Stakers will be rewarded with the APR which will be in future decided by Governance model and yes stakers will earn 70% of the flash loan fees as well...So DeFi or any projects have great potential through adding liquidity to the UniLend Finance's protocol.\n\n**CryptoE&T:**\n**Okay. How can a common trader take advantage of Unilend Products ?**\n\n**Ayush Garg:**\nThis is good question! Most common traders wont be able to participate in Flash Loans, as it is going to be interacting directly with the smart contract. Our team is working on creating a UI to solve this too. And in near future you can use our UI too for the Flash Loans. But for now, a very useful product we have is staking. You can stake your $UFT to the pool and infact any token to their respective pools. Can anyone tell me which token they are holding currently? So you can hold all these tokens, to our platform, and the cool part is, you can start your own pool of the token, permissionlessly. You can start a BNB pool, and flash loans on BNB pool will give you earning too.\n\n**CryptoE&T:**\n**There's been a recent buzz or hype concerning your token burn, what is the exact mechanism here ?**\n\n**Ayush Garg:**\nOur token burn is the real gainer for UFT holders. The supply of UFT will decrease over time as the flash loans 30% fee will be used to buy back $UFT tokens from market and get burnt. We are ecpecting arounf $1.7 million worth of $UFT to burn each year. If we do similar business like Aave. But the thing is, we are launching Flash Loans for all tokens, so BNB, MATIC, CHART, FRONT all will add to the revenue and number could be above that 1.7 mil.\n\n**Vishal Kothari:**\nIt’s already shown in our blog with proof that our smart contract is taking too small fees comparing to industry player Aave for generating flash loan contract so yes our smart contract taking less fees and also using less gas fees. So it’s like win win situation for the users taking flash loans through UniLend and also note this our flash loan fees are also like 45% of the fees charged by aave.\n\n**CryptoE&T:**\nhttps://t.me/UniLendAnnouncement/218\n\n# Segment 2: Live Questions \n**Q1. How will Unilend compete with projects like Pancakeswap etc. In terms of interest rates?**\n\n**Ayush Garg:**\nWe have no comparison, they are just providing DEX facilities. Our Falsh Loans will provide earning to the staked tokens, and also projects will use Rewards feature to airdrop their tokens to boost the pool!\n\n**Q2. You have any local community there is English not good ?? Everyone knows community is the key of success. Please tell**\n\n**Vishal Kothari:**\nWe have already announced our 3 regional communities for the ease of communitcation and no language barriers affect the growth of the UniLend so you also can join our official regional communities\n1. Indonesia 🇮🇩 https://t.me/UniLend_Indonesia\n2. Vietnam 🇻🇳 https://t.me/UniLend_Vietnam\n3. Nigeria 🇳🇬 https://t.me/UniLend_Nigeria\n\n**Q3. With a huge increase in ETH gas. Will you continue to run your project on the Ethereum blockchain network or will you switch to blockchain networks like BSC?**\n\n**Ayush Garg:**\nYou didnt check our announcement? Gas fees is an issue but we believe Ethereum is a major blockchain. But at the same time, BSC is a very growing chain, and we are expanding to that. Also our BEP20 version of tokens is going to be available very soon! And our Flash Loans product will be the first permissionless Flash Loans product on BSC.\n\nhttps://t.me/UniLendAnnouncement/223\n\n**Q4. You say that your flash loans are about 3 times more cost effective than Aave. What is the reason for this difference?**\n\n**Ayush Garg:**\nA very good one!\nMajor difference it the way our smart contract works is different than Aave, we use the tokens locked in stacking pool but Aave use the tokens in lending and borrowing pool. And also our tech team has worked to optimise the overal complexity of our contract. Those who are familiar with technology, would know that complexity and size of a smart contract is very important to be gas efficient.\n\n**Q5. How often will the token burn happen? Will it happen weekly / monthly / quarterly / annually?**\n\n**Vishal Kothari:**\nThat will be announced soon through our official announcement channel @UniLendAnnouncement\n\n**Q6. Right now issuing a token is a rather simple process. However, building the system and ecosystem is the most difficult part. My question is, How will the demand of the token will increase and how will this token use within the ecosystem?**\n\n**Ayush Garg:**\nToken burn, governance, used as a currency for ecosystem.\n\n*Q7. You are planning a mainnet launch soon. What can users expect from this event?**\n\n**Ayush Garg:**\nyes, 30th March https://t.me/UniLendAnnouncement/226\n\n**Q8. Can you list any unique that UniLend has that your competitors don't have?**\n\n**Vishal Kothari:**\n1. We allow every token permissionless way\n2. We allow every token to be used for Flash Loans\n3. We are also integrating Binance smart chain\n4. Yes we are different in many ways\n\n**Q9. How will erc20 uft token differs from bep20 one?**\n\n**Vishal Kothari:**\nThere will be no difference apart from the gas fees used on those chains.\n\n**Q10. Many projects are now suffering from flash loan attacks. Have you conducted a security audit on this topic?**\n\n**Ayush Garg:**\nYes, our staked pools are safe and it is also audited. Flash Loan attack has recently been common, mostly due to projects dont consider such advance tech. We being Flash Loan provider are well aware of the vulnerabilities.\n\n**Q11. Do the token holders have the right to participate in the governance of the project? What kind of decisions can they vote on about the project?**\n\n**Vishal Kothari:**\nYes Governance model will be live after mainnet of our flagship project Lending/Borrowing for every token and you can also go through our medium blog on our Roadmap\nhttps://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\n![UFT-roadmap.png](https://cdn.steemitimages.com/DQmUBNJ1aEnc16837URU3NBPXQ3uWZKgsSs2SQfwhZ3hZph/UFT-roadmap.png)\n**Q12. What are the advantages of Fusion Farming? Why did you decide to develop this direction of farming?**\n\n**Ayush Garg:**\nIt is still not announced, you need to wait.\n\n**Q13. What does it technically look like to integrate any ERC-20 asset to your platform? What do I have to do to add my token to your platform in permissionless listing?**\n\n**Vishal Kothari:**\nWe have build our platform in such a way that any erc 20 project can be listed.We also are being reached by many IDO projects. So we are starting an inclusive Defi revolution. Lets move our next round of questions to our Nigerian Community.\n\n**Q14. What wallets can currently support your tokens? Are there plans to add up extra features in your ecosystem in the nearest future? What plans do you have on your roadmap for 2021, in the short term and long term?**\n\n**Vishal Kothari:**\nAny wallet supporting Ethereum / BSC Addresses can support $UFT for sure ;)\n\n**Q15. Most of users are still not aware with Blockchain & its related projects ! So, How create awareness about their project with NON-CRYPTO users?**\n\n**Vishal Kothari:**\nFrankly being a decentralized protocol our protocol aims to be used by blockchain users only not for non blockchain users but yes again on that note i would like to add that ease of use for newcomers of blockchain will be our prime concerns for sure.\n\n**Q16. What do you think Unilend’s biggest challenge will be to become one of the top lending/borrowing platform and what are your plans to overcome that? Any plans on launching Unilend on other blockchains?**\n\n**Ayush Garg:**\nOur product is going to be inclusive, as soon as people and projects realise that they can participate realise in Defi to create business things will go parabolic, and we will witness a new Defi revolution like how we did after Uniswap v2.\n\n**Q17. What partnerships are you planning? Will they have their own IDO/IFO on UniLend?**\n\n**Vishal Kothari:**\nOur partnership ecosystem is growing in a fast pace and we have very good reputed partners with us for sure.\n\n![uft-eco.png](https://cdn.steemitimages.com/DQmWY94Myk4Qd7Hhk8pUbtspiAFugJNAbUVWjbvvMCiWFjT/uft-eco.png)\n\n**Ayush Garg:**\nThanks everyone for participating.\n\n**Vishal Kothari:**\nThank you everyone for joining us in this great AMA.\n\n**Ayush Garg:**\nWe are now ending this 1st AMA of our UniLend Finance :zap:Flash Loans series. Stay tunned for more updates soon.\n\n**CryptoE&T:**\nIt was nice having you here.",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\",\"ama\"],\"image\":[\"https://cdn.steemitimages.com/DQmSZCcQecy1RRbqCT4G1emzzWcra35qbQTyF8ZpCyNXZgZ/unilend-ama-crypto.png\",\"https://cdn.steemitimages.com/DQmUBNJ1aEnc16837URU3NBPXQ3uWZKgsSs2SQfwhZ3hZph/UFT-roadmap.png\",\"https://cdn.steemitimages.com/DQmWY94Myk4Qd7Hhk8pUbtspiAFugJNAbUVWjbvvMCiWFjT/uft-eco.png\"],\"links\":[\"https://t.me/teachcryptocurrency\",\"https://t.me/UniLendAnnouncement/226\",\"https://t.me/UniLendAnnouncement/218\",\"https://t.me/UniLend_Indonesia\",\"https://t.me/UniLend_Vietnam\",\"https://t.me/UniLend_Nigeria\",\"https://t.me/UniLendAnnouncement/223\",\"https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "a7bf695a3d5aecf6f0a291e0bc22174217febd67",
  "block": 52386376,
  "trx_in_block": 11,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-28T05:21:09",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "netuno",
      "permlink": "3ck5dk-unilend-and-playcent-ama-recap",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "c7f72bdd84d525060552fea807df596e917d5997",
  "block": 52386374,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-28T05:21:03",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "3ck5dk-unilend-and-playcent-ama-recap",
      "title": "UniLend and Playcent AMA Recap",
      "body": "![Unilend-playcent-ama.png](https://cdn.steemitimages.com/DQmccRzGwEFZXwRX4qPdmHo8Un3amnGh31EQn3783oDfSyM/Unilend-playcent-ama.png)\n\nHi Folks!\n\nUniLend Finance was invited by Playcent Global, one of its partners, to participate in an AMA session on March 16th on the Playcent TG channel (https://t.me/playcentofficial) and Vishal Kotahri, UniLend's community lead and Ayush Garg, UniLend's marketing & ops lead, participated in this session. Here is the recap of this event.\n\n# Segment 1: Introduction and basic questions\n**Playcent:**\nPlease welcome https://t.me/VishalBlockchain ( community lead ) and https://t.me/ayushgrg ( Marketing lead ) of our recent partner, Unilend!\n\n**Vishal Kothari:**\nHey Sandeep!\n\n**Ayush Garg:**\nHey Sandeep!, glad to be here and speaking with you once again!\n\n**Playcent:**\nLikewise. To begin with, What is UniLend for our audience members who don’t already know? Can you please give us a brief overview? And while you're making introductions, can you please also introduce yourself and tell us what inspired this concept?\n\n**Vishal Kothari:**\nSure! Before we get started I would like to thank the Playcent community and team for inviting us to talk about our future collaborations. We imagine that this conversation will have some interesting information that everyone will want to hear. We’ll quickly tell you a little about ourselves: For my intro I can say, I started my career in Computer Education, back in 1998. I worked for various IT related businesses and finally realised Cryptocurrency was the path I was most passionate about. Obviously, like everyone else, I started studying and researching crypto heavily. I was fortunate to get into crypto back in 2014. I then became an ambassador in 2019 for several key crypto projects which ultimately led me to joining up with the UniLend team as the official Community Lead.\n\n**Ayush Garg:**\nTo begin with let me introduce myself.\nI am Ayush handing Marketing and Operations at UniLend. I am from a Computer Science background with experience working at companies like Uber and Box8. I have been part of the Crypto space since early 2017. I have also worked with the startup Oasis — Initiated by IIM Ahmedabad and Rajasthan Government. I have been part of UniLend’s team since the launch.\n\n**Vishal Kothari:**\nIn regards to your question, UniLend is a comprehensive DeFi protocol with the mission to unlock the true potential of decentralized finance. The concept for UniLend came from the simple idea of allowing every token to access DeFi. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $29B+ of assets which are currently excluded from DeFi. I have heard people say UniLend is like a combination of Uniswap and Aave. That’s one way to think of our protocol. In addition to an intuitive UI, our team has recently introduced our Permissionless Flash Loan product, which is coming soon. I’m sure we’ll highlight a little about this today and in future collaborations with Playcent among new and exciting UniLend updates. We encourage everyone to look over our links to better familiarize themselves with any further questions they may have about UniLend Finance.  Website: https://unilend.finance\nApp: https://app.unilend.finance/\nLitepaper: https://unilend.finance/docs/unilend_lightpaper.pdf\nTelegram: https://t.me/UniLendFinance\nTwitter: https://twitter.com/UniLend_Finance\nReddit: https://www.reddit.com/r/UniLend/\nLinkedin: https://www.linkedin.com/company/unilend-finance/\nFacebook: https://www.facebook.com/UniLendFinanceOfficial/\nMedium: https://unilend.medium.com/\n\n**Playcent:**\nWow! This is a really ambitious project! What kinds of challenges or hurdles have you run into along the way? Also can you expand on some of the major updates that UniLend is bringing to the table in the short-term?\n\n**Vishal Kothari:**\nThank you for your positive words, I would be happy to share. I think everyone should be excited about our new flash loans product and the many updates that are coming in the short-term. Since the launch of Initium V1, our alpha release, we have been working tirelessly on several large endeavours. Of course we’re working heavily on our flagship product for lending and borrowing, we’ve made considerable headway on this and we’re on track with these developments. Though we also were multitasking by working in stealth on flash loans. Our flash loan product is coming soon. This isn’t just another flash loan product to add to the market though. Our iteration is very competitive being that it will be nearly 3x more gas and cost efficient than the current leading solution. In addition, our flash loan product will be permissionless, which means we’ll be tapping into a much larger and unexplored market. https://unilend.medium.com/unilends-flash-loans-are-3x-more-cost-efficient-than-other-popular-protocols-like-aave-b42e6c6e8789 For those here that are unaware, last year Aave made over 2B in market income through their flash loan product. Their product currently only supports 20 to 30 assets though our product, which is quickly approaching, will support the 6000+ assets left out. You all can probably easily see that we’ll be doing something cutting edge and at a much higher scale. We haven’t really run into any problems along the way, just the normal everyday things that arise with a quickly innovating team. Everyone probably already noticed from our recent deep dive into flash loans blog, that we have also been working on our UI. We have some snapshots of our product, and it’s really coming together nicely. https://unilend.medium.com/deep-diving-into-unilend-flash-loans-5eed69e75c7e Furthermore, UniLend will also have a robust governance model powered by UFT (UniLend Fiance Token), Liquidity Mining/Staking, Fusion Farming and a UniLend Ecosystem Fund for upcoming IDOs. Of course these are just a few of the updates coming in the near future.\n\n**Playcent:**\nI suggest everyone to have a quick read. Brilliant! can't wait for the flash loan product. This all sounds really exciting. One question about security - how can users be sure they are safe while using your protocol? Is it audited?\n\n**Vishal Kothari:**\nGreat question. I would say we are much more secure than other money market protocols. For instance, current protocols are dependent on other DEXs like Uniswap etc. for liquidations (which is a major concern for adding illiquid &/or volatile assets). Nobody has any sort of control on these DEXs, whereas in the case of UniLend, we are deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Hence, we are not dependent on any other protocol for liquidation & everything is handled within the UniLend ecosystem. The problem we are solving is quite large and catering to it requires a complete ecosystem. Progress on this front is going strong. Maximum security is a key priority of UniLend Finance. We’re picking up where key DeFi protocols like Uniswap left off and continuing the development of the decentralized finance revolution. Also like our roadmap suggests, during Q1 of 2021, we will have proper audits in place to make sure our protocol is safe for our users. We’ll have some updates soon for our communities to reference in regards to audits that are currently underway. Everyone please stay tuned to our announcement channel, this is where you can find our team updates. https://t.me/UniLendAnnouncement\n\n**Playcent:**\nOkay, so it will be audited before it goes live. That makes sense and eases some of our concerns. So UniLend has made some really big announcements already in 2021. What would you say is the single most important development to come out this year?\n\n**Vishal Kothari:**\nThough our Alpha was a monumental event in our journey, there is so much more in store for 2021. We don’t believe that any of our updates are necessarily more important than the others. Each and every update we bring to the table is hard hitting and valuable for the future of DeFi. Bootstrapping existing projects into the UniLend ecosystem with full DeFi functionality will really bring new opportunities into existence. Empowering new hot tokens with comprehensive DeFi functionality is a concept completely new to the crypto space, and something which is extremely valuable to new tokens looking to establish a user base and solid use cases for their token. Since the beginning we’ve continuously made strong partnerships in the space. We are proud to say that Playcent is one of those partnerships. Moreover, we’ve partnered with projects like Base Protocol to equip rebase tokens with further DeFi capabilities. Recently we also paired up with Fantom Finance to bring synthetic assets into our ecosystem. Towards the beginning of the year UniLend also partnered with Mirror Protocol, which will lead to UniLend listing the world’s major synthetic stocks like the FAANG for lending and borrowing. UniLend will be the first protocol to launch many of these DeFi functionalities and capabilities. It’s really hard to choose between the partnerships and the technical headway we’ve announced since the beginning of the year. If our communities want to continue staying in the know, they can join our daily conversations in our Telegram community. Telegram: https://t.me/UniLendFinance\n\n**Playcent:**\nwe are proud to be working with projects like unilend.\n\n**Vishal Kothari:**\nEven we are excited to be with playcent.\n\n**Playcent:**\nAwesome, I can tell you really know your stuff from these great answers you’ve given so far. So let’s talk about UFT, how will your guys' token play into all the buzz that’s surmounting?\n\n**Ayush Garg:**\nThis is a really great question. There are so many points we can bring up. We’ll try to keep this short and concise though. The most recent UFT update was within our flash loans announcements. UFT will be the first token that users can stake liquidity for to enable flash loans. This is a major utility for UFT, which will create a great demand for our token. For our Flash Loans, users who stake will be able to earn from 70% reward pool which is collected as fee from flash loans. Furthermore, UFT is our governance token. This functionality is coming next quarter, so in other words, governance is coming soon to UniLend Finance. In addition, UFT will be tied into our ecosystem through the UniLend Ecosystem Fund, Meta Transactions and many collaborations we’ve already announced and for partnerships still yet to be disclosed. And last but not the least, $UFT will be a currency for amazing platforms like Playcent where users can transact directly with their $UFTs. But even now after so many use cases, I think holding UniLend will give access to many utilities not yet imagined.\n\n**Playcent:**\nOk we can see that people shouldn’t sleep on UFT! Alright, enough messing around. I’m sure everyone wants to hear a little more about the collaboration between Playcent and UniLend. Maybe you could fill our audience in as to how this is a mutually beneficial partnership and update everyone on the major developments between us?\n\n**Vishal Kothari:**\naha, I was holding off on expanding on this topic. I knew this question was coming soon. What a perfect segway since we were talking about UFT’s utility in the last question. Our collaboration with Playcent is very exciting because it will add even more utility to UFT. To be specific, Playcent is graciously making our $UFT token an official currency on their platform, to be used to interact with its various features. This means that holders will soon be able to use UFT to access games and quizzes held on the Playcent platform. I’m sure your community may already be aware, though in case ours isn’t we’ll share a little more about this functionality. There are many different types of fun games available on the Playcent platform, including Cricket, Block Stacker , Match3 , Forrest Runner , Flappy Bird and more. In addition to solo gameplay, players can engage with others via contests on the Playcent platform, which makes for an inviting way to bring friends along for prizes in $USDT. Furthermore, Playcent will offer premium content and merchandise that can be purchased using $UFT tokens, including NFTs. We all know how hot NFTs are currently, so this is exciting. We believe this will bring more traction to the Playcent platform as well. So it’ll be great to see Playcent’s user base grow. Our synergies are just now starting to warm up and there are many developments that we can unfold in the future.\n\n**Playcent:**\nThanks for the brilliant answers.\n\n# Segment 2: Live Questions \n**Q1. Are you planning to burn or buy back any tokens from the market in the future? Do you have such programs?**\n\n**Ayush Garg:**\nSomething related to this is coming soon!\n\n**Q2. What is your plan for global expansion? At present, which market does your project focus on, or is it focused on building and growing to gain customers, users and partners?**\n\n**Vishal Kothari:**\nBeing a global DeFi project we have not set any boundaries regarding the market. Its open for all. But yes regarding the global community build up we can say to ease of communication with team in term of language barriers we have already announced our 2 communities. \n- UniLend Indonesia 🇮🇩 https://t.me/UniLend_Indonesia\n- UniLend Vietnam 🇻🇳 https://t.me/UniLend_Vietnam\nAnd we are bringing more language and regional base communities .... Stay tuned all you can get information at @UniLendAnnouncement\n\n**Q3. Multi-asset pools expose lenders to risks associated with all the included assets with no control over the collaterals against which their funds can be lent. How can UniLend as the biggest multi-asset pool control this risk for lenders?**\n\n**Ayush Garg:**\nI don't know how it will affect our security to have a single asset pool or multi assets. But I would want to elaborate on our security. Our asset pools will have checks against events like rug pulls and token vanish and other innovative scam schemes. As we are going to support tokens with elastic supple, we are making sure that the lender's assets are secured via smart security.\n\n**Q4. As we know, every successful project has some behind the scenes story, what is the story behind Your Project success?**\n\n**Ayush Garg:**\nlol, we have a behind the scenes product, called flash loans.\n\n**Q5. What is your strongest advantage that you think will make your team leading the market? In contrast, what is your weakness? How do you plan to overcome it?**\n\n**Vishal Kothari:**\nGreat question. Yes we are not here to compete but to add values to it. So we are building a protocol that will add values to others as well. You can say if any token you found good and want to hold but no usecase right now with token you can start Lending/Borrowing it on our protocol or stake it for Flash Loan Purpose I would encourage everyone to follow us on our UniLend Medium (https://unilend.medium.com/) to stay up to date on our collaborations and to take a look at the DeFi Dissected article series for themselves. Two of the most recent articles within this series were for comparing UniLend with Aave and Uniswap, here are the links to get you started:\n\nComparison with Uniswap: https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\nComparision with Aave: https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\n\n**Q6. As you mention you UniLend $UFT will offer various DeFI functionalities. My question is how does Decentralized Spot trading works and how do you ensure that there's enough liquidity for trades?**\n\n**Ayush Garg:**\nWe will have permissionless listing just like Uniswap or sushiswap or on other chains like Julswap. But what a lot of projects dont have is an option for holders to lend their tokens and earn yield out it. Aave and other projects does the lending and borrowing for the major coins only. So in future, any coin which provides liquidity for spot trading on UniLend, will automatically unlocks lending and borrowing and now flash loans to their token. We believe with these smart and innovative functions, the token's volume will grow many fold as compared to simple swap in current scenario. So we are confident that a lot of IDOs will be tempted and move to UniLend to provide Liquidity. But the major source of liquidity will be other major erc20 for us, as currently you can hold a $MATIC or $chiliZ or $MCO or any other erc20 on which you are bullish but can't lend. But with UniLend's product this will be changed forever.\n\n**Q7. Government regulations has wrenched many of these crypto projects , how will $UFT project its users from getting affected while investigating in $UFT?**\n\n**Ayush Garg:**\nalready answered this in parts, but one more major part of UniLend's Ecosystem is governance. We will give up a lot of rights as in the meantime our platform evolves and being truly decentralised, governance will play a major in running the ecosystem, isn't it cool. We have plans for our governance platform and we are working on reducing gas fee for participating in governance too. So stay tuned. Our governance is expected to be live in Q2 2021. \nhttps://t.me/UniLendAnnouncement/78\n\n**Q8. Currently \"Staking\" is a very popular topic. Can you please explain the details about the token staking plan and the benefits of adding \"staking\"?**\n\n**Ayush Garg:**\nYou will be able to stake $UFT in our flash loans pool very soon! Our revenue will come from the fee collected via our various services.\n\n**Playcent:**\nThanks for the great interaction  https://t.me/VishalBlockchain and https://t.me/ayushgrg \n\n**Vishal Kothari:**\nThank you for inviting us to this great Playcent commuity.\n\n**Playcent:**\nIf you want to share anything else before wrapping up, please do.\n\n**Vishal Kothari:**\nGuys you can join our journey with us here:\nTelegram Group: https://t.me/UniLendFinance\nTelegram Announcement : https://t.me/UniLendAnnouncement\nTwitter: https://twitter.com/UniLend_Finance\nReddit: https://www.reddit.com/r/UniLend/\n\n**Ayush Garg:**\nIts great to interact with the community. Thank you for hosting us today!\n\n![uft-eco.png](https://cdn.steemitimages.com/DQmWY94Myk4Qd7Hhk8pUbtspiAFugJNAbUVWjbvvMCiWFjT/uft-eco.png)",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\",\"ama\"],\"image\":[\"https://cdn.steemitimages.com/DQmccRzGwEFZXwRX4qPdmHo8Un3amnGh31EQn3783oDfSyM/Unilend-playcent-ama.png\",\"https://cdn.steemitimages.com/DQmWY94Myk4Qd7Hhk8pUbtspiAFugJNAbUVWjbvvMCiWFjT/uft-eco.png\"],\"links\":[\"https://t.me/playcentofficial\",\"https://t.me/VishalBlockchain\",\"https://t.me/ayushgrg\",\"https://unilend.finance\",\"https://app.unilend.finance/\",\"https://unilend.finance/docs/unilend_lightpaper.pdf\",\"https://t.me/UniLendFinance\",\"https://twitter.com/UniLend_Finance\",\"https://www.reddit.com/r/UniLend/\",\"https://www.linkedin.com/company/unilend-finance/\",\"https://www.facebook.com/UniLendFinanceOfficial/\",\"https://unilend.medium.com/\",\"https://unilend.medium.com/unilends-flash-loans-are-3x-more-cost-efficient-than-other-popular-protocols-like-aave-b42e6c6e8789\",\"https://unilend.medium.com/deep-diving-into-unilend-flash-loans-5eed69e75c7e\",\"https://t.me/UniLendAnnouncement\",\"https://t.me/UniLend_Indonesia\",\"https://t.me/UniLend_Vietnam\",\"https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\",\"https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\",\"https://t.me/UniLendAnnouncement/78\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "3bf322cb04e7c0105a73400b5c9913ca5c6cd06f",
  "block": 52386329,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-28T05:18:48",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "netuno",
      "permlink": "unilend-and-playcent-ama-recap",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "8dfb0b30e28696f113051960b3708c0ef131500c",
  "block": 52251078,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-23T11:27:33",
  "op": [
    "vote",
    {
      "voter": "mariakareem",
      "author": "netuno",
      "permlink": "unilend-and-playcent-ama-recap",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "acba98addebe9e86a7652cdc0304461f4fa6c600",
  "block": 52243847,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-23T05:22:24",
  "op": [
    "vote",
    {
      "voter": "gruntbeta",
      "author": "netuno",
      "permlink": "unilend-and-playcent-ama-recap",
      "weight": 5000
    }
  ]
}

{
  "trx_id": "26dba5a8b6e430f66203419c81f8379890dba88a",
  "block": 52243837,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-23T05:21:54",
  "op": [
    "vote",
    {
      "voter": "gruntomega",
      "author": "netuno",
      "permlink": "unilend-and-playcent-ama-recap",
      "weight": 5000
    }
  ]
}

{
  "trx_id": "a951330c8eb0a8932bca7d4b8429623ec2fb65b6",
  "block": 52243753,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-23T05:17:42",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "hive-110112",
      "author": "netuno",
      "permlink": "unilend-and-playcent-ama-recap",
      "title": "UniLend and Playcent AMA Recap",
      "body": "![Unilend-playcent-ama.png](https://cdn.steemitimages.com/DQmccRzGwEFZXwRX4qPdmHo8Un3amnGh31EQn3783oDfSyM/Unilend-playcent-ama.png)\n\nHi Folks!\n\nUniLend Finance was invited by Playcent Global, one of its partners, to participate in an AMA session on March 16th on the Playcent TG channel (https://t.me/playcentofficial) and Vishal Kotahri, UniLend's community lead and Ayush Garg, UniLend's marketing & ops lead, participated in this session. Here is the recap of this event.\n\n# Segment 1: Introduction and basic questions\n**Playcent:**\nPlease welcome https://t.me/VishalBlockchain ( community lead ) and https://t.me/ayushgrg ( Marketing lead ) of our recent partner, Unilend!\n\n**Vishal Kothari:**\nHey Sandeep!\n\n**Ayush Garg:**\nHey Sandeep!, glad to be here and speaking with you once again!\n\n**Playcent:**\nLikewise. To begin with, What is UniLend for our audience members who don’t already know? Can you please give us a brief overview? And while you're making introductions, can you please also introduce yourself and tell us what inspired this concept?\n\n**Vishal Kothari:**\nSure! Before we get started I would like to thank the Playcent community and team for inviting us to talk about our future collaborations. We imagine that this conversation will have some interesting information that everyone will want to hear. We’ll quickly tell you a little about ourselves: For my intro I can say, I started my career in Computer Education, back in 1998. I worked for various IT related businesses and finally realised Cryptocurrency was the path I was most passionate about. Obviously, like everyone else, I started studying and researching crypto heavily. I was fortunate to get into crypto back in 2014. I then became an ambassador in 2019 for several key crypto projects which ultimately led me to joining up with the UniLend team as the official Community Lead.\n\n**Ayush Garg:**\nTo begin with let me introduce myself.\nI am Ayush handing Marketing and Operations at UniLend. I am from a Computer Science background with experience working at companies like Uber and Box8. I have been part of the Crypto space since early 2017. I have also worked with the startup Oasis — Initiated by IIM Ahmedabad and Rajasthan Government. I have been part of UniLend’s team since the launch.\n\n**Vishal Kothari:**\nIn regards to your question, UniLend is a comprehensive DeFi protocol with the mission to unlock the true potential of decentralized finance. The concept for UniLend came from the simple idea of allowing every token to access DeFi. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $29B+ of assets which are currently excluded from DeFi. I have heard people say UniLend is like a combination of Uniswap and Aave. That’s one way to think of our protocol. In addition to an intuitive UI, our team has recently introduced our Permissionless Flash Loan product, which is coming soon. I’m sure we’ll highlight a little about this today and in future collaborations with Playcent among new and exciting UniLend updates. We encourage everyone to look over our links to better familiarize themselves with any further questions they may have about UniLend Finance.  Website: https://unilend.finance\nApp: https://app.unilend.finance/\nLitepaper: https://unilend.finance/docs/unilend_lightpaper.pdf\nTelegram: https://t.me/UniLendFinance\nTwitter: https://twitter.com/UniLend_Finance\nReddit: https://www.reddit.com/r/UniLend/\nLinkedin: https://www.linkedin.com/company/unilend-finance/\nFacebook: https://www.facebook.com/UniLendFinanceOfficial/\nMedium: https://unilend.medium.com/\n\n**Playcent:**\nWow! This is a really ambitious project! What kinds of challenges or hurdles have you run into along the way? Also can you expand on some of the major updates that UniLend is bringing to the table in the short-term?\n\n**Vishal Kothari:**\nThank you for your positive words, I would be happy to share. I think everyone should be excited about our new flash loans product and the many updates that are coming in the short-term. Since the launch of Initium V1, our alpha release, we have been working tirelessly on several large endeavours. Of course we’re working heavily on our flagship product for lending and borrowing, we’ve made considerable headway on this and we’re on track with these developments. Though we also were multitasking by working in stealth on flash loans. Our flash loan product is coming soon. This isn’t just another flash loan product to add to the market though. Our iteration is very competitive being that it will be nearly 3x more gas and cost efficient than the current leading solution. In addition, our flash loan product will be permissionless, which means we’ll be tapping into a much larger and unexplored market. https://unilend.medium.com/unilends-flash-loans-are-3x-more-cost-efficient-than-other-popular-protocols-like-aave-b42e6c6e8789 For those here that are unaware, last year Aave made over 2B in market income through their flash loan product. Their product currently only supports 20 to 30 assets though our product, which is quickly approaching, will support the 6000+ assets left out. You all can probably easily see that we’ll be doing something cutting edge and at a much higher scale. We haven’t really run into any problems along the way, just the normal everyday things that arise with a quickly innovating team. Everyone probably already noticed from our recent deep dive into flash loans blog, that we have also been working on our UI. We have some snapshots of our product, and it’s really coming together nicely. https://unilend.medium.com/deep-diving-into-unilend-flash-loans-5eed69e75c7e Furthermore, UniLend will also have a robust governance model powered by UFT (UniLend Fiance Token), Liquidity Mining/Staking, Fusion Farming and a UniLend Ecosystem Fund for upcoming IDOs. Of course these are just a few of the updates coming in the near future.\n\n**Playcent:**\nI suggest everyone to have a quick read. Brilliant! can't wait for the flash loan product. This all sounds really exciting. One question about security - how can users be sure they are safe while using your protocol? Is it audited?\n\n**Vishal Kothari:**\nGreat question. I would say we are much more secure than other money market protocols. For instance, current protocols are dependent on other DEXs like Uniswap etc. for liquidations (which is a major concern for adding illiquid &/or volatile assets). Nobody has any sort of control on these DEXs, whereas in the case of UniLend, we are deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Hence, we are not dependent on any other protocol for liquidation & everything is handled within the UniLend ecosystem. The problem we are solving is quite large and catering to it requires a complete ecosystem. Progress on this front is going strong. Maximum security is a key priority of UniLend Finance. We’re picking up where key DeFi protocols like Uniswap left off and continuing the development of the decentralized finance revolution. Also like our roadmap suggests, during Q1 of 2021, we will have proper audits in place to make sure our protocol is safe for our users. We’ll have some updates soon for our communities to reference in regards to audits that are currently underway. Everyone please stay tuned to our announcement channel, this is where you can find our team updates. https://t.me/UniLendAnnouncement\n\n**Playcent:**\nOkay, so it will be audited before it goes live. That makes sense and eases some of our concerns. So UniLend has made some really big announcements already in 2021. What would you say is the single most important development to come out this year?\n\n**Vishal Kothari:**\nThough our Alpha was a monumental event in our journey, there is so much more in store for 2021. We don’t believe that any of our updates are necessarily more important than the others. Each and every update we bring to the table is hard hitting and valuable for the future of DeFi. Bootstrapping existing projects into the UniLend ecosystem with full DeFi functionality will really bring new opportunities into existence. Empowering new hot tokens with comprehensive DeFi functionality is a concept completely new to the crypto space, and something which is extremely valuable to new tokens looking to establish a user base and solid use cases for their token. Since the beginning we’ve continuously made strong partnerships in the space. We are proud to say that Playcent is one of those partnerships. Moreover, we’ve partnered with projects like Base Protocol to equip rebase tokens with further DeFi capabilities. Recently we also paired up with Fantom Finance to bring synthetic assets into our ecosystem. Towards the beginning of the year UniLend also partnered with Mirror Protocol, which will lead to UniLend listing the world’s major synthetic stocks like the FAANG for lending and borrowing. UniLend will be the first protocol to launch many of these DeFi functionalities and capabilities. It’s really hard to choose between the partnerships and the technical headway we’ve announced since the beginning of the year. If our communities want to continue staying in the know, they can join our daily conversations in our Telegram community. Telegram: https://t.me/UniLendFinance\n\n**Playcent:**\nwe are proud to be working with projects like unilend.\n\n**Vishal Kothari:**\nEven we are excited to be with playcent.\n\n**Playcent:**\nAwesome, I can tell you really know your stuff from these great answers you’ve given so far. So let’s talk about UFT, how will your guys' token play into all the buzz that’s surmounting?\n\n**Ayush Garg:**\nThis is a really great question. There are so many points we can bring up. We’ll try to keep this short and concise though. The most recent UFT update was within our flash loans announcements. UFT will be the first token that users can stake liquidity for to enable flash loans. This is a major utility for UFT, which will create a great demand for our token. For our Flash Loans, users who stake will be able to earn from 70% reward pool which is collected as fee from flash loans. Furthermore, UFT is our governance token. This functionality is coming next quarter, so in other words, governance is coming soon to UniLend Finance. In addition, UFT will be tied into our ecosystem through the UniLend Ecosystem Fund, Meta Transactions and many collaborations we’ve already announced and for partnerships still yet to be disclosed. And last but not the least, $UFT will be a currency for amazing platforms like Playcent where users can transact directly with their $UFTs. But even now after so many use cases, I think holding UniLend will give access to many utilities not yet imagined.\n\n**Playcent:**\nOk we can see that people shouldn’t sleep on UFT! Alright, enough messing around. I’m sure everyone wants to hear a little more about the collaboration between Playcent and UniLend. Maybe you could fill our audience in as to how this is a mutually beneficial partnership and update everyone on the major developments between us?\n\n**Vishal Kothari:**\naha, I was holding off on expanding on this topic. I knew this question was coming soon. What a perfect segway since we were talking about UFT’s utility in the last question. Our collaboration with Playcent is very exciting because it will add even more utility to UFT. To be specific, Playcent is graciously making our $UFT token an official currency on their platform, to be used to interact with its various features. This means that holders will soon be able to use UFT to access games and quizzes held on the Playcent platform. I’m sure your community may already be aware, though in case ours isn’t we’ll share a little more about this functionality. There are many different types of fun games available on the Playcent platform, including Cricket, Block Stacker , Match3 , Forrest Runner , Flappy Bird and more. In addition to solo gameplay, players can engage with others via contests on the Playcent platform, which makes for an inviting way to bring friends along for prizes in $USDT. Furthermore, Playcent will offer premium content and merchandise that can be purchased using $UFT tokens, including NFTs. We all know how hot NFTs are currently, so this is exciting. We believe this will bring more traction to the Playcent platform as well. So it’ll be great to see Playcent’s user base grow. Our synergies are just now starting to warm up and there are many developments that we can unfold in the future.\n\n**Playcent:**\nThanks for the brilliant answers.\n\n# Segment 2: Live Questions \n**Q1. Are you planning to burn or buy back any tokens from the market in the future? Do you have such programs?**\n\n**Ayush Garg:**\nSomething related to this is coming soon!\n\n**Q2. What is your plan for global expansion? At present, which market does your project focus on, or is it focused on building and growing to gain customers, users and partners?**\n\n**Vishal Kothari:**\nBeing a global DeFi project we have not set any boundaries regarding the market. Its open for all. But yes regarding the global community build up we can say to ease of communication with team in term of language barriers we have already announced our 2 communities. \n- UniLend Indonesia 🇮🇩 https://t.me/UniLend_Indonesia\n- UniLend Vietnam 🇻🇳 https://t.me/UniLend_Vietnam\nAnd we are bringing more language and regional base communities .... Stay tuned all you can get information at @UniLendAnnouncement\n\n**Q3. Multi-asset pools expose lenders to risks associated with all the included assets with no control over the collaterals against which their funds can be lent. How can UniLend as the biggest multi-asset pool control this risk for lenders?**\n\n**Ayush Garg:**\nI don't know how it will affect our security to have a single asset pool or multi assets. But I would want to elaborate on our security. Our asset pools will have checks against events like rug pulls and token vanish and other innovative scam schemes. As we are going to support tokens with elastic supple, we are making sure that the lender's assets are secured via smart security.\n\n**Q4. As we know, every successful project has some behind the scenes story, what is the story behind Your Project success?**\n\n**Ayush Garg:**\nlol, we have a behind the scenes product, called flash loans.\n\n**Q5. What is your strongest advantage that you think will make your team leading the market? In contrast, what is your weakness? How do you plan to overcome it?**\n\n**Vishal Kothari:**\nGreat question. Yes we are not here to compete but to add values to it. So we are building a protocol that will add values to others as well. You can say if any token you found good and want to hold but no usecase right now with token you can start Lending/Borrowing it on our protocol or stake it for Flash Loan Purpose I would encourage everyone to follow us on our UniLend Medium (https://unilend.medium.com/) to stay up to date on our collaborations and to take a look at the DeFi Dissected article series for themselves. Two of the most recent articles within this series were for comparing UniLend with Aave and Uniswap, here are the links to get you started:\n\nComparison with Uniswap: https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\nComparision with Aave: https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\n\n**Q6. As you mention you UniLend $UFT will offer various DeFI functionalities. My question is how does Decentralized Spot trading works and how do you ensure that there's enough liquidity for trades?**\n\n**Ayush Garg:**\nWe will have permissionless listing just like Uniswap or sushiswap or on other chains like Julswap. But what a lot of projects dont have is an option for holders to lend their tokens and earn yield out it. Aave and other projects does the lending and borrowing for the major coins only. So in future, any coin which provides liquidity for spot trading on UniLend, will automatically unlocks lending and borrowing and now flash loans to their token. We believe with these smart and innovative functions, the token's volume will grow many fold as compared to simple swap in current scenario. So we are confident that a lot of IDOs will be tempted and move to UniLend to provide Liquidity. But the major source of liquidity will be other major erc20 for us, as currently you can hold a $MATIC or $chiliZ or $MCO or any other erc20 on which you are bullish but can't lend. But with UniLend's product this will be changed forever.\n\n**Q7. Government regulations has wrenched many of these crypto projects , how will $UFT project its users from getting affected while investigating in $UFT?**\n\n**Ayush Garg:**\nalready answered this in parts, but one more major part of UniLend's Ecosystem is governance. We will give up a lot of rights as in the meantime our platform evolves and being truly decentralised, governance will play a major in running the ecosystem, isn't it cool. We have plans for our governance platform and we are working on reducing gas fee for participating in governance too. So stay tuned. Our governance is expected to be live in Q2 2021. \nhttps://t.me/UniLendAnnouncement/78\n\n**Q8. Currently \"Staking\" is a very popular topic. Can you please explain the details about the token staking plan and the benefits of adding \"staking\"?**\n\n**Ayush Garg:**\nYou will be able to stake $UFT in our flash loans pool very soon! Our revenue will come from the fee collected via our various services.\n\n**Playcent:**\nThanks for the great interaction  https://t.me/VishalBlockchain and https://t.me/ayushgrg \n\n**Vishal Kothari:**\nThank you for inviting us to this great Playcent commuity.\n\n**Playcent:**\nIf you want to share anything else before wrapping up, please do.\n\n**Vishal Kothari:**\nGuys you can join our journey with us here:\nTelegram Group: https://t.me/UniLendFinance\nTelegram Announcement : https://t.me/UniLendAnnouncement\nTwitter: https://twitter.com/UniLend_Finance\nReddit: https://www.reddit.com/r/UniLend/\n\n**Ayush Garg:**\nIts great to interact with the community. Thank you for hosting us today!\n\n![uft-eco.png](https://cdn.steemitimages.com/DQmWY94Myk4Qd7Hhk8pUbtspiAFugJNAbUVWjbvvMCiWFjT/uft-eco.png)",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\",\"ama\"],\"image\":[\"https://cdn.steemitimages.com/DQmccRzGwEFZXwRX4qPdmHo8Un3amnGh31EQn3783oDfSyM/Unilend-playcent-ama.png\",\"https://cdn.steemitimages.com/DQmWY94Myk4Qd7Hhk8pUbtspiAFugJNAbUVWjbvvMCiWFjT/uft-eco.png\"],\"links\":[\"https://t.me/playcentofficial\",\"https://t.me/VishalBlockchain\",\"https://t.me/ayushgrg\",\"https://unilend.finance\",\"https://app.unilend.finance/\",\"https://unilend.finance/docs/unilend_lightpaper.pdf\",\"https://t.me/UniLendFinance\",\"https://twitter.com/UniLend_Finance\",\"https://www.reddit.com/r/UniLend/\",\"https://www.linkedin.com/company/unilend-finance/\",\"https://www.facebook.com/UniLendFinanceOfficial/\",\"https://unilend.medium.com/\",\"https://unilend.medium.com/unilends-flash-loans-are-3x-more-cost-efficient-than-other-popular-protocols-like-aave-b42e6c6e8789\",\"https://unilend.medium.com/deep-diving-into-unilend-flash-loans-5eed69e75c7e\",\"https://t.me/UniLendAnnouncement\",\"https://t.me/UniLend_Indonesia\",\"https://t.me/UniLend_Vietnam\",\"https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\",\"https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\",\"https://t.me/UniLendAnnouncement/78\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "12a2fbb5bc11fd522d7ed185b6cffe7f0518bbc7",
  "block": 52243473,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-23T05:03:33",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "netuno"
      ],
      "id": "community",
      "json": "[\"subscribe\",{\"community\":\"hive-110112\"}]"
    }
  ]
}

{
  "trx_id": "0000000000000000000000000000000000000000",
  "block": 51838776,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 4,
  "timestamp": "2021-03-08T19:29:24",
  "op": [
    "author_reward",
    {
      "author": "netuno",
      "permlink": "recap-of-unilend-s-ama-on-crypto-club-tg-channel",
      "sbd_payout": "0.028 SBD",
      "steem_payout": "0.000 STEEM",
      "vesting_payout": "124.954075 VESTS"
    }
  ]
}

{
  "trx_id": "b0b16679917a4940691aa606567b49cf94514341",
  "block": 51757535,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-05T23:02:12",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "netuno",
      "permlink": "recap-of-unilend-s-ama-on-amalovers-tg-channel",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "b6d9bc230034620f637589549abfe8c8d0cd4664",
  "block": 51757529,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-05T23:01:54",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "recap-of-unilend-s-ama-on-amalovers-tg-channel",
      "title": "Recap of UniLend's AMA on AmaLovers TG channel",
      "body": "![uft-lovers.png](https://cdn.steemitimages.com/DQmeQdpqRjDaHwyCEMVrAEuJ1LkbphUHggL8mT32TyuvxRG/uft-lovers.png)\n\nHi Folks!\n\nOn March 1st, UniLend was invited to participate in an AMA on the AmaLovers channel (https://t.me/amaloversclub). Vishal Kothari, UniLend's community lead and Ayush Garg, UniLend's marketing ops lead, participated in this session. Here is the \nrecap of this event.\n# Segment 1: Introduction and basic questions\n**AmaLovers:**\nWelcome to AMA LOVERS CLUB, we are thrilled to have you here today\n\n**Ayush Garg:**\nHey So glad to be here! The community is really one of the early supporters for UniLend and its been a great journey since then\n\n**Vishal Kothari:**\nHey. Great to be here in this amazing community.\n\n**AmaLovers:**\nAwesome. I will be your host for today. Today's AMA will be in 4 segments. We will begin by asking you some introduction questions regarding the project, it's achievement, plans/target and the team behind it. Please kindly type \"DONE\", after answering any question completely to avoid interrupting your flow. Straight to business. \n\n**AmaLovers:**\nCan you please give us a brief overview of UniLend?\n\n**Vishal Kothari:**\nBefore starting about UniLend let me introduce myself. Hey, I am Vishal Kothari - Community Lead at UniLend Finance. I have started my career from Computer Education in 1998 and exploring around various IT related businesses and services finally realised the best thing technology has given us is the Cryptocurrency as I was studying and researching about cryptocurrencies since 2014. I have been guiding projects on marketing front & community growth from more than an year & have been an early part of UniLend Team from start of the project.\n\n**Ayush Garg:**\nSure! I would like to give a shout out to my team for their relentless work, recently we launched on Binance Innovation Zone. We’re making excellent headway on our roadmap and we’re preparing to launch our Beta and other major product feature this month! To introduce myself to the community, I am from Computer Science background with experience working at companies like Uber and Box8 (Indian startup with 700cr valuation). Have been part of Crypto space since early 2017. I have also worked with Startup Oasis - Initiated by IIM Ahmedabad and Rajasthan Gov. Last year, around august we started working on UniLend. I have been part of UniLend's team since launch and now leading front in Marketing and Operations. So more about UniLend! Look, UniLend is a comprehensive DeFi protocol with the mission to unlock the true potential of decentralized finance. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $50B+ of assets which are currently excluded from DeFi. To simplify in layman's language UniLend is like a combination of Uniswap, Compound and Aave. But this is one way to think about it, if you dig deeper you will find there are endless possibilities when we say we are permission-less decentralized protocol that combines spot trading services and money markets with lending and services through smart contracts.\n\n**AmaLovers:**\nThank you. This all sounds so exciting! One question about security - how can users be sure they are safe while using such a new protocol?\n\n**Ayush Garg:**\nThis is actually very good question. And frequently asked one too! So I want to throw some more light on UniLend's platform. We are enabling lending and borrowing for any token out there. And as we know, crypto is very volatile, so there are scenarios when liquidations are bound to happen. Most leading platforms are currently dependent on DeX for this, but we will have our DeX feature inbuild. So in such scenarios we can handle liquidations more securely. We are deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Hence, we are not dependent on any other protocol for liquidation & everything is handled within the UniLend ecosystem. And we are a platform which is going to support all kind of coins, synthetic assets, elastic supply tokens and what not. So we are taking all the scenarios into account to provide the lenders maximum security against any hack or rug pull event.\n\n**AmaLovers:**\nYou brought up the roadmap and it got me thinking about the future of your protocol again. What else do users have to look forward to further down the road in 2021?\n\n**Vishal Kothari:**\nHere is our detailed Roadmpa for Q3-2020 to Q3-2021\n\nhttps://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\n\n**Ayush Garg:**\nThough our Alpha was a monumental event in our journey, there is so much more in store for March 2021. We stated that Q1 has many exciting roadmap milestones on the horizon, including our Beta release this month and Mainnet release coming in Q1. Additionally, Fusion Farming should also go live during the first quarter. This is an innovative feature which will allow UniLend liquidity providers to attain two different tokens at once by providing liquidity.\n\n**Vishal Kothari:**\nBut yes we have more surprises on the way to the Road..... Keep your eyes at @UniLendAnnouncement\n\n**Ayush Garg:**\nIn the future, UniLend will implement community governance, the UniLend Ecosystem Fund, launch onto multiple chains, layer 2 implementation for a superior user experience, and even metatransactions. But it is all out there in charted in our roadmap. There is something which we didn't anticipated we can provide our users. And that huge product development is almost ready to launch now! I feel it is just a matter of 1 or 2 days when we will be able to announce that.\n\n**Vishal Kothari:**\nhttps://t.me/UniLendAnnouncement/179\n\n**AmaLovers:**\nRecently we’ve noticed UniLend is becoming the new future home to many up-and-coming hot DeFi tokens. What’s creating all the buzz and why do these projects want to work with UniLend Finance?\n\n**Vishal Kothari:**\nWe see many other projects already realizing what we’re doing is different. We believe these projects see our vision and know that our lending and borrowing platform will more than just compete, but dominate the DeFi status quo protocols. In the future, we believe that DeFi users will flock to our protocol. Mainly because we’ll have all the functionality that the top DeFi protocols have and more. Also UniLend will maintain our status by continuing to innovate and strategically partnering to join protocol strengths. We have great synergies with projects like Injective for instance. Not only are we working on collaborating in the future but we’ll have their token INJ listed for trading, lending and borrowing. This is all easily done with our permissionless listing capabilities. In addition, we’re already preparing to list Mirror finances mAsset tokens which mimic real world synthetic stocks, such as the FAANG stocks. Furthermore, we’re also preparing for Base protocols Rebase tokens, Phantom’s synthetic commodities and Union’s collateral optimization token UNN. It’s inevitable that our platform will be sought after to find the next “big project” before other protocols list these new projects. We are building our protocol to have a trust factor to protect against fake tokens yet still allow for early listings. All in all, we are creating a safe haven and technological hub for the greatest projects and everyday DeFi users. UniLend Finance is the key to unlocking the true potential of decentralized finance.\n\n![uft-eco.png](https://cdn.steemitimages.com/DQmWY94Myk4Qd7Hhk8pUbtspiAFugJNAbUVWjbvvMCiWFjT/uft-eco.png)\n\n**AmaLovers:**\nOk, great answers so far. Above you stated you’re picking up from where Uniswap left off? I heard your team has great comparison articles in regards to this, could you expand on this topic and let us know where we can find these articles?\n\n**Vishal Kothari:**\nYes, to clarify, we have the utmost respect for Uniswap and the other leading protocols for being trailblazers in the DeFi space. That said, we believe that our comprehensive DeFi functionality and permissionless listing model will facilitate the evolution of DeFi and bring the next wave of users into the DeFi space. Our community has requested further clarification on UniLend’s strengths as a DeFi protocol, which is why we launched our DeFi Dissected article series. The goal with the series is to show the cryptosphere why we will be a major contender, with more to offer than our competitors. UniLend is a unique protocol that is capable of truly revolutionizing DeFi. I would encourage everyone to follow us on our UniLend Medium (https://unilend.medium.com/) to stay up to date on our collaborations and to take a look at the DeFi Dissected article series for themselves. Two of the most recent articles within this series were for comparing UniLend with Aave and Uniswap, here are the links to get you started:\n\nComparison with Uniswap: https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\nComparision with Aave: https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\n\n**AmaLovers:**\nThanks for your response so far. This brings us to the end of the first segment.\n\n# Segment 2: Twitter questions\n**Q1. How is the UniLend platform different from existing DeFi protocols? Currently there are a lot of projects that have expanded their ecosystem to BSC, so are you planning to expand the platform from Ethereum to BSC?**\n\n**Ayush Garg:**\nYes, a lot of platforms are moving to other chains. The biggest driving force for this is the congestion ad high gas fees. A lot of platforms are opting layer 2 solutions as well. We currently do not have any plans for that but our product is build in a way that we will be able to create cross chain bridges or utilize existing bridge. The main reason to that will be to allow user of a BSC or Avax or any other chain, to use UniLend's platform and its permissionless lending and borrowing capabilities. If anyone has liquidity on Pancake, they will be able to divert the same to our protocol to unlock additional features and HODLERs will earn by locking liquidity in various pools.\n\n**Q2. What is the minimum requirements a user has to meet to be considered for your borrowing programs? Also, is Unilend insured?**\n\n**Ayush Garg:**\nThey just have to find the available lending and borrowing pair, and they will be able to borrow from the protocol with locking their assets as collateral. As our platform is permissionless, we are expecting a lot of new and innovative tokens will list too, where borrowers can find good benefits. We already have partnerships with many well know projects and you can soon be able to lock their tokens to borrow some ETH in future. Some eg are $FTM, $FIS, $INJ, $MIR, $BASE etc and not to mention their derivative like $fGold, $fOil, $mTSLA, $mFB, $mAMZN and so on! Also we will have insurance cover for our pools, we will reveal more info about this soon! https://t.me/UniLendAnnouncement ou can subscribe this to get notified earliest  \n\n**Q3. Uniswap really took DeFi to another level and UniLend claim to continue from where Uniswap stopped. But am curious to know the aspect where UniLend intends to revolutionize in DeFi that Uniswap didn't look into during its DeFi revolution?**\n\n**Vishal Kothari:**\nAs I already told that We have the utmost respect for Uniswap and the other leading protocols for being trailblazers in the DeFi space. UniLend is a unique protocol that is capable of truly revolutionizing DeFi. I would encourage again everyone to follow us on our UniLend Medium (https://unilend.medium.com/) to stay up to date on our collaborations and to take a look at the DeFi Dissected article series for themselves. Two of the most recent articles within this series were for comparing UniLend with Aave and Uniswap, here are the links to get you started.\n\nComparison with Uniswap: https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\nComparision with Aave: https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\n**Q4. What do you mean by Unilend Fusion Farming? What are the tokens that can be received as a reward in farming?**\n\n**Ayush Garg:**\nIf you look at any defi protocol, they have farm pools where users can lock tokens and earn yields. In our pools users will earn yield but also a share of fee which we will distribute in proportion of coins and their functionalities. As we told, on UniLend's platform we will have many Defi products, Lending and borrowing will be major product, but there will be side products and these will be earning from fees. So many earnings fused together.  \n\n**Q5. Considering that UniLend quits the hard work and allow any ERC get listed without a central control, also will support do the same with token from other networks like Tron ?**\n\n**Ayush Garg:**\nWe are open source and permission less platform, we anticipate that in future the community effect will be much larger than the project or team itself. Our project is inclusive, not exclusive, our product will be functional always and it can only go north of what team will deliver. We will be happy if someone today plan to build on top of our platform, our team is even planning to guide a lot of future projects which use our protocol as a base.\n\n# Segment 3: Quiz\n**Q1. In which Quarter is the UniLend mainnet Release projected to happen?**\nAnswer: Q1\n\n**Q2. Where do you think $UFT listed last week?**\nAnswer: Binance\n\n**Q3. On Binance Which are the trading pairs for UFT?**\nAnswer: UFT/BUSD and UFT/ETH\n\n**Q4. Which partners of the UniLend Finance will help in adding FAANG to the DeFi for lending and Borrowing?**\nAnswer: Mirro Protocol\n\n**Q5. Which DeFi capabilities will the UniLend Finance protocol have?**\nAnswer: Permissionless, Sport Trading, Tokenization of assets, Lending/Borrowing, Governance Model\n\n# Segment 4: Live Questions\n**Q1.How do you keep track of borrowers and lenders? Is there a form of KYC that both parties have to undergo before they can become lenders or borrowers in @UniLend_Finance?**\n\n**Vishal Kothari:**\nSee in the DeFi world we don't have any KYC process to undergo. As there is no Centralized authority to handle the things for this there would not any KYC process for Lending / Borrowing or Providing Liquidity. Its totally decentralized and permission less protocol where any user can do the transactions without any permissions or any KYC process... But in future UFT holders will govern the protocol through the Voting Governance consensus and there UFT holders can take such decisions through the votes itself.\n\n**Q2. What plan you have about marketing and new listing? Specially Asia have biggest market. What plan you have on it?**\n\n**Ayush Garg:**\nWe have listed on enough Cex and DeXs, but as move forward, we may look for more exchanges where have good community hold. As you brought up the Asian market, we already have Indonesian and Vietnamese communities and we are soon going to Launch Turkish, Korean and Chinese community too. If anyone from the region, feel free to join! https://t.me/UniLend_Vietnam https://t.me/UniLend_Indonesia\n\n**Q3. 2020 covid-19 happened all over the world does it affect your project and development, will your team have a new direction for 2021 while covid-19 is still there.**\n\n**Vishal Kothari:**\nAs being remote team we really weren't affected by the covid actually we can say most of the development of UniLend Finance is happened during Covid situations and we are doing great for sure without being affected with current pandemic situations.\n\n**Q4.How safe are your own contracts? What security mechanism does UniLend $UFT financeuse? How do you guarantee security to users?**\n\n**Vishal Kothari:**\nAs everyone knows our UFT Token smart contract was audited by the Certik and Our future Protocol smart contracts will also be audited first by the best in the industry to ensure the safety of the funds of our users. You can go through our Smart contract audit at : https://t.me/UniLendAnnouncement/20\n\n**Q5. Are there plans to incorporate UNILEND native token governance structure?**\n\n**Ayush Garg:**\nThis is another FAQ and important question! Governance is something which is integral to our platform. The $UFT holders will have voting rights. Currently we are planning to give up rights in phases to the community. But to begin with, team wont control much of the aspect of the protocol.\nListing -Permissionless\nPool Creation - Permissionless\nAirdrop - Permissionless\nInterests - We will doing permissionless once the project is stable\nSo you can already find lot of incorporation with $UFT token. But this is not all, as UniLend Ecosystem Grows we will add more Governance utilities to the $UFT holders.\n\n**Vishal Kothari:**\nI guess everyone who holds $UFT is already a winner\n\nQ6. I think a lot of people here are pretty interested in the $uft token, both the utility and structure... How does $uft work as a utility token for the network and how does it benefit both the network and holders?\n\n**Ayush Garg:**\nI answered the governance part above, the utility part is also important. $UFT will obviously be used for paying fees and paying in $UFT will be discounted. Apart from that, there will new projects who will do promotion and Airdrops in $UFT.\n\n**AmaLovers:**\nThanks so much for your time it really a pleasure having you on board hope to see you some other time.\n\n**Vishal Kothari:**\nThanks for having us here. This is amazing community.\n\n**AmaLovers:**\nBefore you leave what's your last word for AMA Lovers Community?\n\n**Vishal Kothari:**\nWe really love the energy of the Group. Keep rocking....\n\n**Ayush Garg:**\nIt was great answering so many questions, I hope everyone who find UniLend interesting, will join us on telegram and twitter. If you want to try our Alpha, feel free to ping us for test tokens.\nInitium Link- http://app.unilend.finance/ Thanks for inviting us today!\n\n**AmaLovers:**\nKindly drop all link to the UNILEND Finance project so that our community can follow up with the project. If there is any infographics too, kindly drop.\n\n**Ayush Garg:**\n1 - Follow us on Twitter - https://twitter.com/UniLend_Finance\n2- Join our Telegram Community - https://t.me/UniLendFinance\n3- Join our Telegram Announcement Channel - https://t.me/UniLendAnnouncement\n4- Follow our Reddit subreddit - https://www.reddit.com/r/UniLend/\n\n![UFT-roadmap.png](https://cdn.steemitimages.com/DQmUBNJ1aEnc16837URU3NBPXQ3uWZKgsSs2SQfwhZ3hZph/UFT-roadmap.png)\n\n![photo6190305221373176742 (1).jpg](https://cdn.steemitimages.com/DQmSDNNzxtvBaZzghsuEeMHgjGBjbnL1UNDWQKaFatYjfXB/photo6190305221373176742%20(1).jpg)\n\n![photo6190305221373176741.jpg](https://cdn.steemitimages.com/DQmdgij5j2GmRymqgdyivKHphmsXEEyS9jpCD2PgVMbEzgN/photo6190305221373176741.jpg)",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\",\"ama\"],\"users\":[\"unilend\"],\"image\":[\"https://cdn.steemitimages.com/DQmeQdpqRjDaHwyCEMVrAEuJ1LkbphUHggL8mT32TyuvxRG/uft-lovers.png\",\"https://cdn.steemitimages.com/DQmWY94Myk4Qd7Hhk8pUbtspiAFugJNAbUVWjbvvMCiWFjT/uft-eco.png\",\"https://cdn.steemitimages.com/DQmUBNJ1aEnc16837URU3NBPXQ3uWZKgsSs2SQfwhZ3hZph/UFT-roadmap.png\",\"https://cdn.steemitimages.com/DQmSDNNzxtvBaZzghsuEeMHgjGBjbnL1UNDWQKaFatYjfXB/photo6190305221373176742%20(1).jpg\",\"https://cdn.steemitimages.com/DQmdgij5j2GmRymqgdyivKHphmsXEEyS9jpCD2PgVMbEzgN/photo6190305221373176741.jpg\"],\"links\":[\"https://t.me/amaloversclub\",\"https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\",\"https://t.me/UniLendAnnouncement/179\",\"https://unilend.medium.com/\",\"https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\",\"https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\",\"https://t.me/UniLendAnnouncement\",\"https://t.me/UniLend_Vietnam\",\"https://t.me/UniLend_Indonesia\",\"https://t.me/UniLendAnnouncement/20\",\"http://app.unilend.finance/\",\"https://twitter.com/UniLend_Finance\",\"https://t.me/UniLendFinance\",\"https://www.reddit.com/r/UniLend/\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "6a7a942689c594522d402f67ff2cb97843bf9bc1",
  "block": 51738932,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-05T07:21:54",
  "op": [
    "comment",
    {
      "parent_author": "netuno",
      "parent_permlink": "unilend-ama-recap-on-binance",
      "author": "fuli",
      "permlink": "20210305t072153700z",
      "title": "hello",
      "body": "You've got a free upvote from <a href='https://steemitwallet.com/~witnesses'>witness fuli</a>. <br /> Peace & Love! <br />",
      "json_metadata": "{}"
    }
  ]
}

{
  "trx_id": "49d22d1a9c8a8842f830465015bd988dd9095189",
  "block": 51738931,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-05T07:21:51",
  "op": [
    "vote",
    {
      "voter": "fuli",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-binance",
      "weight": 4000
    }
  ]
}

{
  "trx_id": "e9d69e32543f82a83ef0bb17af64c08b08cee0a0",
  "block": 51738824,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-05T07:16:24",
  "op": [
    "transfer",
    {
      "from": "beemengine",
      "to": "netuno",
      "amount": "0.001 STEEM",
      "memo": "🚀 Auto Promoting Your New Posts 24/24. Community Curation, Passive Earnings & Support. Checkout http://beemengine.live"
    }
  ]
}

{
  "trx_id": "bbe7cd9a4531046adfc184c292fb1f61957931be",
  "block": 51738804,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-05T07:15:24",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-binance",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "f704776e8fc9dc9fb84ac4823e63c4309088838b",
  "block": 51738802,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-05T07:15:18",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-binance",
      "title": "UniLend AMA Recap on Binance",
      "body": "![uft-binance.png](https://cdn.steemitimages.com/DQmXxdPLuSqJedzQ1a4UYu8PbJyuyq6VWc5gD9huiumQ3HJ/uft-binance.png)\n\nHi Folks!\n\nOn February 23, Binance announced that it would list $UFT on its platform. As usual in its token listing process, Binance invited UniLend to participate in an AMA on its TG channel(https://t.me/binanceexchange) March 4. Chandresh Aharwar, CEO of UniLend was present at this AMA and answered several questions. Below is a recap of this event.\n\n# Segment 1: Introduction and basic questions\n**Binance:**\nHi chat and welcome to a special AMA with UniLend Finance’s team!\n\n**Chandresh Aharwar:**\nHi Everyone! Really glad to be here!\n\n**Binance:**\nIt is my pleasure to introduce to you UniLend’s founder, @ChandreshAharwar! Thank you for joining us.\n\n**Chandresh Aharwar:**\nThanks for inviting Binance Team 🙂\n\n**Binance:**\nCould you please introduce yourself to the chat as well as share a quick overview of UniLend?\n\n**Chandresh Aharwar:**\nsure. Many of you probably already know I have been actively contributing to the blockchain space since late 2016, including holding the lead Marketing & Strategy position at Polygon (Previously Matic) before co-founding UniLend Finance. \n\n![unilend-twt-ama.png](https://cdn.steemitimages.com/DQmbtw3YQ3gpiiBUWSB8YnktwLL4LbDHmrS4EsLsqHbT7XE/unilend-twt-ama.png)\n\nhttps://twitter.com/chandresh1091/status/1259145137881354240\nUniLend is a comprehensive DeFi protocol with the mission to unlock the true potential of decentralized finance. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $50B+ of assets which are currently excluded from DeFi. You can imagine, UniLend like a combination of Uniswap and Aave. In addition to an intuitive UI, UniLend will also have a robust governance model powered by UFT (UniLend Fiance Token), Liquidity Mining/Staking, Fusion Farming and a UniLend Ecosystem Fund for upcoming IDOs. Of course many more updates coming in the future.\n\n**Binance:**\nAwesome, thank you for that quick introduction. Chat, here below some quick and useful links for you to learn more about UniLend.\n**Website:** https://unilend.finance \n**App:** https://app.unilend.finance/\n**Litepaper:** https://unilend.finance/docs/unilend_lightpaper.pdf\n**Telegram:** https://t.me/UniLendFinance\n**Twitter:** https://twitter.com/UniLend_Finance\n**Reddit:** https://www.reddit.com/r/UniLend/\n**Linkedin:** https://www.linkedin.com/company/unilend-finance/\n**Facebook:** https://www.facebook.com/UniLendFinanceOfficial/\n**Medium:** https://unilend.medium.com/\n\n**Chandresh Aharwar:**\nDon't forget to follow us guys\n\n**Binance:**\n**Q1. For those in our community who are not yet familiar with UniLend, could you please go into further detail about UniLend Finance and your mission?**\n\n**Chandresh Aharwar:**\nsure. Our mission is simple yet ambitious - we’re unlocking the full potential of decentralised finance at a level never before seen in the industry. We’re achieving this by building the industry’s most comprehensive DeFi protocol, which will support the full range of DeFi functionalities including decentralized spot trading, lending and borrowing, and much more, all in one platform. It’s important to note that, unlike other leading DeFi protocols, our platform will support more than just a handful of ERC-20 tokens. UniLend will offer DeFi functionality for every Ethereum-based asset on the market by enabling a permissionless listing mechanism on our platform. Essentially, anyone will be able to list any Ethereum-based asset on UniLend. In addition to cryptocurrencies, UniLend will also support full DeFi functionality for various derivatives and synthetic real-world assets (including the major FAANG stocks and precious metals) via our various partnerships with Injective, Mirro, Fantom etc... Moreover, UniLend will support elastic tokens as well in addition to many other hot new tokens in the market.\n\n![uft-eco.png](https://cdn.steemitimages.com/DQmWY94Myk4Qd7Hhk8pUbtspiAFugJNAbUVWjbvvMCiWFjT/uft-eco.png)\n\nCheckout the growing UniLend Ecosystem 🙂\n\n**Binance:**\nGreat, thank you very much for explaintion. **Q2. Your team has mentioned on many occasions that UniLend is a very unique DeFi platform. Can you elaborate on what are UniLend’s main distinguishing features?**\n\n**Chandresh Aharwar:**\nWell, of course there’s UniLends permissionless nature, but in addition to this UniLend’s money markets are not reliant on any outside protocols for liquidity and everything is handled within the UniLend ecosystem. **This is possible because the entire platform and all its services are strategically mapped out to derive maximum value.** current money market protocols are dependent on other DEXs like Uniswap etc. for liquidity (which is a major concern for adding illiquid & more volatile assets). Nobody has any sort of control on these DEXs, whereas in the case of UniLend, we’re deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Furthermore, we have already created key partnerships that will allow us to source liquidity very quickly. Some of these partnerships are with exchanges like CoinDCX, the largest exchange in India, and Probit, one of the leading in Korea, which will have a function that allows for assets on the exchange to be lent out to UniLend. This will not only benefit the exchanges we are partnered with, giving their users added functionality, it will also provide substantial liquidity to our protocol very early on. **We’re also working in stealth on major product updates that will bring in liquidity very quickly.** These updates will be live on our mainnet enabling our users to earn some extra rewards. Please stay tuned to our announcement channel to hear more about this, as it is coming very soon!\n\n**Binance:**\nExciting stuff, looking forward to that announcement! Chat You can Join Unilend Announcement Channel to keep yourself updated with coming announcements.  https://t.me/UniLendAnnouncement **Q3. The native token of UniLend is $UFT. Could you please explain to us what the use-cases of $UFT are?**\n\n**Chandresh Aharwar:**\nGreat question. A very important use-case for UFT is community governance. It’s important for projects in DeFi to implement community governance to give the community a voice in the functioning and features of the protocol. As a community-centered project, this is a top priority for us. UFT holders will be able to issue and vote on proposals relating to updates to the protocol which require majority consensus to be implemented. UFT tokens will have some rewards attached to them as well. Liquidity providers of UFT tokens will be rewarded in the form liquidity mining rewards. Liquidity providers are a key element of any DeFi protocol to ensure sustainability and a great user experience. They will therefore be rewarded with UFT tokens via liquidity mining, and we have allocated an exclusive amount of tokens specifically for this. **15% of the total UFT token supply is reserved for liquidity mining & yield farming rewards.** In addition to the liquidity mining rewards, liquidity providers of UFT will also be rewarded with a portion of all the fees collected from trading and borrowing. Furthermore, many upcoming platforms will integrate UFT as a currency, which will add utility to our token; similarly like the recent partnership with Playcent. We expect more such external integrations moving forward, as the popularity of UFT token continues to grow. This is just the tip of the iceberg, **UFT will play a major role in the UniLend ecosystem.** There are several more use cases of UFT which will benefit holders that are yet to be revealed. Some exciting announcements to follow on this front too.\n\n**Binance:**\nMore great things to come!  Thanks for sharing! Moving on to next question. **Q4. UniLend has been steadily growing, building, and working on new collaborations with more and more projects in this space. What are some notable milestones UniLend has achieved so far?**\n\n**Chandresh Aharwar:**\nYeah, one of the major one for us was recent Binance Listing. It’s really important to us to deliver everything on our roadmap on time. We’re very proud of the fact that we have been able to do that. We‘ve been working tirelessly on the development of the platform and released our open Alpha Initium V1 protocol in late December. The community has shown a lot of interest and has given us some excellent feedback through testing, which gave us some great insights on how to improve for the development of our Beta release which is coming very soon. We have also forged many key collaborations with major industry players to expand the capabilities of UniLend and push the DeFi space forward. One significant example is our recent strategic partnership with Mirror Finance to enable decentralized lending and borrowing of synthetic stocks via UniLend. **Yes, we’ll be the first protocol to offer this type of functionality. Get ready to lend and borrow the world’s major stocks (including the FAANG tech giant stocks).** Our protocol has also collaborated with Injective Labs to allow users to yield farm on UniLend using Injective’s derivative products. Moreover, our protocol is working with Nord Finance which will integrate UniLend Finance into the Nord Advisory portion of their tech stack. **Another notable collaboration is with Fantom Finance**. This collaboration will add unique abilities to our protocol, such as being able to lend/borrow real-world assets. **In the near future users will be able to acquire synthetic fUSD & fEUR, In addition to fGold and fSilver.** Fantom Finance and Mirror Protocol will allow us to tap into an addressable market of over $15 trillion worth of assets. It doesn’t stop there though, we’re also working with projects like Union. Which will enable the UniLend platform to be among the first of the decentralized money markets to implement collateral optimization of assets while being staked (C-OP). C-OP will allow users on UniLend to convert a portion of their collateralized position to acquire protection for their collateral. These are just a few of our partnerships. As everyone can see, they offer tremendous value to our ecosystem, each and every one of them.\n\n**Binance:**\nCongrats, lot of achievements.\n\n**Chandresh Aharwar:**\nWe are just starting.\n\n**Binance:**\n**Q5. On the topic of development and UniLend’s roadmap what can we look forward to regarding UniLend’s future development?**\n\n**Chandresh Aharwar:**\nWe are already ahead of our roadmap! Launching the Alpha protocol was simply just the tip of the iceberg. We have a slew of huge updates on the way that our development team is working on as we speak. This is going to be an extremely exciting month for UniLend. To begin with we have some huge updates we’ll soon release which are not on the roadmap, everyone will want to stay tuned to our social platforms to stay in the loop. Some of these updates will benefit UFT holders significantly and this will be released on mainnet before our main product launch itself. Also, Our highly anticipated Beta release is around the corner as well. We have put in a lot of work into our Beta protocol and it is further refined from all the feedback we received from our active community during the Alpha testing rounds, which received 31 thousand+ applicants in our early access program. Another update our community has been really looking forward to is liquidity mining rewards for UFT liquidity providers. As I have said earlier liquidity providers are crucial for any decentralized protocol. Therefore, we’re going to be launching our liquidity mining very soon! You can see our full roadmap which spans until Q3 of 2021 here: https://buff.ly/2JvM15m. It's going to be a great month.\n\n# Segment 2: Quiz Round\n**1.When is UniLend’s mainnet scheduled to release?**\n- Q2 2021\n- It is already released on Mainnet\n**- Q1 2021**\n- End of year 2021\n\n**2. What were the current trading pairs live on Binance?**\n- UFT/ETH & UFT/USDC\n**- UFT/ETH & UFT/BNB**\n- UFT/ETH & UFT/USDT\n- UFT/ETH & UFT/BUSD\n\n**3. What is the name of UniLend’s Ambassador Program?**\n- Pride of UniLend\n**- UniLend Legion**\n- UniLend Angels\n- Team UniLend\n\n**4. Which is the most recent partnership that UniLend announced?**\n- Injective Protocol ($INJ)\n**- Ramp Defi ($RAMP)**\n- Fantom ($FTM)\n- Mirror Finance ($MIR)\n\n**5. What makes UniLend the one-stop shop for DeFi? (Select the most correct answer)**\n**- Because the project aims to provide all major DeFi use cases including spot trading, lending, borrowing, and the permissionless listing of any 6000+ erc20 tokens**\n- Because it will support 50 different assets.\n- Because the project aims to provide decentralized trading with permissionless listings.\n- Because it will be a decentralized groceries delivery app.\n\n# Segment 3: Live Questions\n**Q1. Who are the potential customers of Unilend? and how will they benefit from your products and services?**\n\n**Chandresh Aharwar:**\nEvery user is our potential customer. If you have your wallet on ethereum or other chains we support, you are our potential customer. Infact, an average blockchain user becoming UniLend user is very likely. For eg:\n\n- you might be holding n number of tokens in your wallet & not earning any yield out of it currently.\n- You have your major portfolio in Eth & you want to go long/short on Eth\n- You have portfolio in other Alt coin & you want to borrow Eth or Stable coin.- UFT/ETH & UFT/USDT\nIn all case, you are UniLend user & this are just some examples- UFT/ETH & UFT/BUSD\n\n**Q2. 2020 covid-19 happened all over the world does it affect $UFT project and development, will your team have a new direction for 2021 while covid-19 is still there?**\n\n**Chandresh Aharwar:**\nIt's definately tough for many teams in COVID times, I have seen. But for us, it actually working perfectly well & we are able to manage all our operations with team working remotely. But yeah, knowing team well before COVID times definately helped us gel well over the period of time. Our development & all other operations are going completely as per plan.\n\n**Q3. Ambassadors play a very important role in every project, Do you have an ambassador program? If yes, how can I be one?**\n\n**Chandresh Aharwar:**\nYeah, we have one of the very successful Ambassador program, UniLend Legion. We are so lucky to have such an amazing extended team which supports us continuosly in our journey. If you would like to apply for Legion, please join our community & reach out to any admins. \n\n**Binance:**\nThank you Chandresh. It has been great to have you with us today to talk more about UniLend’s business.\n\n**Chandresh Aharwar:**\nIt was really great expereince. Binance community is just amazing. Thanks for being the awesome host buddy.\n\n**Binance:**\nThank you chat for your time!",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\",\"ama\"],\"users\":[\"chandreshaharwar\"],\"image\":[\"https://cdn.steemitimages.com/DQmXxdPLuSqJedzQ1a4UYu8PbJyuyq6VWc5gD9huiumQ3HJ/uft-binance.png\",\"https://cdn.steemitimages.com/DQmbtw3YQ3gpiiBUWSB8YnktwLL4LbDHmrS4EsLsqHbT7XE/unilend-twt-ama.png\",\"https://cdn.steemitimages.com/DQmWY94Myk4Qd7Hhk8pUbtspiAFugJNAbUVWjbvvMCiWFjT/uft-eco.png\"],\"links\":[\"https://t.me/binanceexchange\",\"https://twitter.com/chandresh1091/status/1259145137881354240\",\"https://unilend.finance\",\"https://app.unilend.finance/\",\"https://unilend.finance/docs/unilend_lightpaper.pdf\",\"https://t.me/UniLendFinance\",\"https://twitter.com/UniLend_Finance\",\"https://www.reddit.com/r/UniLend/\",\"https://www.linkedin.com/company/unilend-finance/\",\"https://www.facebook.com/UniLendFinanceOfficial/\",\"https://unilend.medium.com/\",\"https://t.me/UniLendAnnouncement\",\"https://buff.ly/2JvM15m\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "e261955c9d935ff90ab420e0a0e8c7cbb8818d39",
  "block": 51641041,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-01T20:15:03",
  "op": [
    "vote",
    {
      "voter": "riosparada",
      "author": "netuno",
      "permlink": "recap-of-unilend-s-ama-on-crypto-club-tg-channel",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "b0e061b045b451549b01be34adf82ed3ed4b5ce3",
  "block": 51640168,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-01T19:30:45",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "recap-of-unilend-s-ama-on-crypto-club-tg-channel",
      "title": "Recap of UniLend's AMA on Crypto Club TG channel",
      "body": "@@ -1,8 +1,127 @@\n+!%5Bunilend-cclub.png%5D(https://cdn.steemitimages.com/DQmWuhJdNcVxwZjVW93Zh4WpUTjYdsqibndmNENQ9Hik3VM/unilend-cclub.png)%0A%0A\n Hi Folks\n",
      "json_metadata": "{\"tags\":[\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\",\"ama\",\"unilend\"],\"image\":[\"https://cdn.steemitimages.com/DQmWuhJdNcVxwZjVW93Zh4WpUTjYdsqibndmNENQ9Hik3VM/unilend-cclub.png\",\"https://img.youtube.com/vi/VCKCGdsCgJo/0.jpg\"],\"links\":[\"https://t.me/cryp_toclub\",\"https://unilend.finance/\",\"https://github.com/UniLend\",\"https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\",\"https://unilend.medium.com/\",\"https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\",\"https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\",\"https://t.me/UniLend_Vietnam\",\"https://t.me/UniLend_Indonesia\",\"https://youtu.be/VCKCGdsCgJo\",\"https://medium.com/@UniLend/announcing-the-unilend-uft-public-sale-interest-form-is-now-live-17e0cc6d7ad7\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "211b90a67f87fa13cb83905c268817995122c93d",
  "block": 51640145,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-01T19:29:33",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "netuno",
      "permlink": "recap-of-unilend-s-ama-on-crypto-club-tg-channel",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "3dbab4646617bf422946c9fec90dada6a6bb5de9",
  "block": 51640142,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-01T19:29:24",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "recap-of-unilend-s-ama-on-crypto-club-tg-channel",
      "title": "Recap of UniLend's AMA on Crypto Club TG channel",
      "body": "Hi Folks!\n\nUniLend participated in an AMA on the Crypto Club channel (https://t.me/cryp_toclub) on February 18. Vishal Kothari, UniLend's community lead and Ayush Garg, UniLend's marketing ops lead, participated in this session. Here is the recap of this event.\n\n# Segment 1: Introduction and basic questions\n**CryptoClub:**\nWelcome!\n\n**Ayush Garg:**\nHey! Great to be here with Crypto Club Community!\n\n**Vishal Kothari:**\nHey!\n\n**CryptoClub:**\nLet move to our first segment. Introduction. Are you ready?\n\n**Vishal Kothari:**\nYes for sure. Hello everyone, glad to see so many of our great community members in the audience. Before we continue, I’ll also give a brief intro for myself. I am Vishal Kothari Community Lead at UniLend Finance, I started my career in Computer Education, back in 1998. I worked for various IT related businesses and finally realised Cryptocurrency was the path I was most passionate about. Obviously, like everyone else, I started studying and researching crypto heavily. I was fortunate to get into crypto back in 2014. I then became an ambassador in 2019 for several key crypto projects which ultimately led me to joining up with the UniLend team officially.\n\n**Ayush Garg:**\nI am Ayush Garg, a Computer Science graduate with experience working at companies like Uber and Box8 (Indian startup with 700cr valuation)\nHave been part of Crypto space since early 2017. I have also worked with Startup Oasis - Initiated by IIM Ahmedabad and Rajasthan Gov. Last year, around august we started working on UniLend. I have been part of UniLend's team since launch and now leading fronts in Marketing and Operations. You can check our website to know more about the team: https://unilend.finance/\n\n**CryptoClub:**\n**Q1. Can you please give us a brief overview of UniLend?**\n\n**Vishal Kothari:**\nUniLend is a permission-less decentralized protocol that combines spot trading services and money markets with lending and services through smart contracts. Recently we opened our Alpha, Initium V1, to our entire community for testing. We’re making excellent headway on our roadmap and we’re preparing to launch our Beta this month! In regards to your question, UniLend is a comprehensive DeFi protocol with the mission to unlock the true potential of decentralized finance. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $30B+ of assets which are currently excluded from DeFi. In addition to an intuitive UI, UniLend will also have a robust governance model powered by UFT (UniLend Fiance Token), and this is just the beginning.\n\n**CryptoClub:**\n**Q2. Congratulations on the launch of your protocol’s Alpha release! We have heard about this new Big Thing coming out soon! Can you tell us more about the product development?**\n\n**Ayush Garg:**\nHaha.. We have this new thing planned for the cryptosphere but I am afraid can't reveal much of details about it.\n\n**Vishal Kothari:**\nI must tell everyone should have an eye on @UniLendAnnouncement for keep track of big thing coming to the UniLend.\n\n**Ayush Garg:**\nBut sure this is something our Dev's being working very hard over past few weeks and when it will be out UniLend will take a leap to be among top Defi projects 🤟\n\n**CryptoClub:**\nDEFI is the new future of crypto.\n\n**Ayush Garg:**\nTo answer your second question, our product development is going smooth as per our roadmap. As Vishal bhai stated above, we have beta planned by end of Feb or early March. Also we are planning to release on Mainnet by q1 2021. So this is very exciting stuff and if anyone want to keep up with all the developments, would recommend checking our GITHUB where we push the finished code frequently. https://github.com/UniLend\n\n**CryptoClub:**\n**Q3. This all sounds so exciting! One question about security - how can users be sure they are safe while using such a new protocol?**\n\n**Vishal Kothari:**\nGreat question. I would say we are much more secure than other money market protocols. For instance, current protocols are dependent on other DEXs like Uniswap etc. for liquidations (which is a major concern for adding illiquidity & more volatile assets).  Nobody has any sort of control on these DEXs, whereas in the case of UniLend, we are deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Hence, we are not dependent on any other protocol for liquidation & everything is handled within the UniLend ecosystem. The problem we are solving is quite large and it requires a complete ecosystem to be built for catering to such a problem. Progress on this front is going strong. Maximum security is a key priority of UniLend Finance, we are picking up where key DeFi protocols like Uniswap left off and continuing the development of the decentralized finance revolution. Also like our roadmap suggests, during Q1 of 2021, we will have proper audits in place from a variety of the best industry players to make sure our protocol is safe for users.\n\n**CryptoClub:**\nwell derived. **Q4. You brought up the roadmap and it got me thinking about the future of your protocol again. What else do users have to look forward to further down the road in 2021?**\n\n**Ayush Garg:**\nAbove we stated that Q1 has many exciting roadmap milestones on the horizon, including our Beta release this month and Mainnet release coming in Q1 itself. Additionally, Fusion Farming should also go live during the first quarter. This is an innovative feature which will allow UniLend liquidity providers to attain two different tokens at once by providing liquidity. Imagine this is just Q1 of 2021. In the future, UniLend will implement community governance, the UniLend Ecosystem Fund, launch onto multiple chains, layer 2 implementation for a superior user experience, and even metatransactions.  We’ll also bootstrap new projects in the UniLend ecosystem with full DeFi functionality right from their token launch. Empowering brand new tokens with comprehensive DeFi functionality is a concept completely new to the crypto space, and something which is extremely valuable to new tokens looking to establish a user base and solid use cases for their token.  Therefore, we anticipate that listing on UniLend (in addition to traditional platforms such as Uniswap) will be standard procedure for new token launches. In fact, we recently launched a poll on Twitter regarding this, and the crypto community echoed our sentiment strongly. These are all things that we can confidently say we can fulfil based on the dates shown via our roadmap, though there are many other items we keep working on/researching in the background. You can see the full roadmap outlining our plans up until Q3 of 2021 here: https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\n\n**CryptoClub:**\nmoving to next. **Q5. You stated you’re picking up from where Uniswap left off? What does it mean exactly for someone who is completely new to UniLend?**\n\n**Vishal Kothari:**\nYes, to clarify, we have the utmost respect for Uniswap and the other leading protocols for being trailblazers in the DeFi space. That said, we believe that our comprehensive DeFi functionality and permissionless listing model will facilitate the evolution of DeFi and bring the next wave of users into the DeFi space. Our community has requested further clarification on UniLend’s strengths as a DeFi protocol, which is why we launched our DeFi Dissected article series. The goal with the series is to show the cryptosphere why we will be a major contender, with more to offer than our competitors. UniLend is a unique protocol that is capable of truly revolutionizing DeFi. I would encourage everyone to follow us on our UniLend Medium (https://unilend.medium.com/) to stay up to date on our collaborations and to take a look at the DeFi Dissected article series for themselves. Two of the most recent articles within this series were for comparing UniLend with Aave and Uniswap, here are the links to get you started: \nComparison with Uniswap: https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\nComparision with Aave: https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\n**CryptoClub:**\nattractive. **Q6. Recently we’ve noticed UniLend is becoming the new future home to many up-and-coming hot DeFi tokens. What’s creating all the buzz and why do these projects want to work with UniLend Finance?**\n\n**Vishal Kothari:**\nWe see many other projects already realizing what we’re doing is different. We believe these projects see our vision and know that our lending and borrowing platform will more than just compete, but dominate the DeFi status quo protocols. We believe that DeFi users will flock to our protocol. Mainly because we’ll have all the functionality that the top DeFi protocols have and more. Also UniLend will maintain our status by continuing to innovate and strategically partnering to join protocol strengths. We have great synergies with projects like Injective for instance. Not only are we working on collaborating in the future but we’ll have their token INJ listed for trading, lending and borrowing. This is all easily done with our permissionless listing capabilities. In addition, we’re already preparing to list Mirror finances mAsset tokens which mimic real world synthetic stocks, such as the FAANG stocks. Furthermore, we’re also preparing for Base protocols Rebase tokens, Phantom’s synthetic commodities and Union’s collateral optimization token UNN. It’s inevitable that our platform will be sought after to find the next “big project” before other protocols list these new projects. We are building our protocol to have a trust factor to protect against fake tokens yet still allow for early listings. All in all, we are creating a safe haven and technological hub for the greatest projects and everyday DeFi users. UniLend Finance is the key to unlocking the true potential of decentralized finance.\n\n \n# Segment 2: Twitter questions\n**Q1. As a permissionless protocol anybody with an Ethereum wallet can use UniLend, how secure are user's funds while connecting their wallet to Unilend's platform? What permission is given to do it?**\n\n**Vishal Kothari:**\nOur smart contract is audited by Certik which is one of the best auditors in the space around and our mainnet smart contract will also be audited for sure by the best in the industry so there is no worries about security for sure. Also you can see in our roadmap that we would love to encourage tech persons to take part in our bug bounties so we dont let any chance to be unsafe for our users to use our platform.\n\n**Q2. There are more than 6000 tokens listed on coinmarketcap. However, most platforms currently only support less than 30 assets, so How can UniLend bridge that gap by incorporating aspects of decentralization?**\n\n**Ayush Garg:**\nThis is exactly what we have been stating and it is our core idea. There are more than 6k tokens, we believe a lot of them have very good value proposition and a community which supports them. Lets take top 100 coins for example, they have a huge HODLer base, but they are not eligible for lending, borrowing and other financial products. We are solving this issue once for all. Being permissionless we are removing the discrimination and barrier for all the tokens like UniSwap did with its DeX. UniLend is well placed as we are decentralised, permissionless and open source.  \n\n**Q3. What wallets can currently support your tokens? Are there plans to add up extra features in your ecosystem in the nearest future? What plans do you have on your roadmap for 2021, in the short term and long term?**\n\n**Vishal Kothari:**\n1. Most of wallets supporting ERC20 tokens is supporting our $UFT token as well.\n2. Yes we are planning to add more features for sure but cant reveal but yes you guys can have an eye at @UniLendAnnouncement for the upcoming news and announcements\n3. You can see our Roadmap here : https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\n\n**Q4. What are the 3 core reasons we should use #unilend products? What is the role of the Vietnamese community for #unilend? How is #unilend plan in Vietnam market?**\n\n**Ayush Garg:**\nThere are more than 3 reasons which we boast on about our product 1. Permissionless listing\n2. Integrated DeX\n3. UniLend Ecosystem\n4. Decentralised Governance\n5. Build on most widely used Blockchain Ethereum\n6. Robust Infrastructure\n7. Industry Leaders as partners\n\n**Vishal Kothari:**\nWe are trying to keep all the regional communities to be part of the UniLend progress and besides that we know that ease of communication is must while we all are delivering remotely. so here is our 🇻🇳 Vietnam community https://t.me/UniLend_Vietnam where the Vietnam people can interact and we also have 🇮🇩 Indonesia community https://t.me/UniLend_Indonesia\nApart from these we are planning to make more regional community for users to interact with ease of communication.\n\n**Ayush Garg:**\nI believe anyone who has spent sometime around in crypto industry and actively used Defi products, these are cores that imbibe trust into the project and we are not leaving anything out of these.\n\n**Q5. You said that #Unilend picking up from where Uniswap took the Defi revolution. What the essence of this words?**\n\n**Ayush Garg:**\nSo Uniswap is the pioneer in Defi and shaped the space how we know it. And this is the first time a utility is added to crypto which is so widely adopted that it revolutionised the whole ecosystem. UniLend wants to take this one step further as on our permissionless platform, anyone with liquidity can list their tokens for lending and borrowing, isn't it amazing? The Current TVL of the market is around $40B, where only a handful of tokens can be used for Lending, borrowing, and other Defi services. We are going to unlock this potential of other tokens which have created value and have strong community backing. Adding them we can take this TVL to cross $100 B in the coming months. Our CEO and CoFounder, Chandresh Aharwar discussed more on this here:  \nhttps://youtu.be/VCKCGdsCgJo\n# Segment 3: Live questions\n**Q1. As you know Covid-19 has a large impact in the crypto Market, So How can your company maintain its project and also the team that are working hard during this pandemic?**\n\n**Vishal Kothari:**\nSee we have started in August 2020 and at that time the Covid Pandemic was there you know but we all in team are working remotely but with full commitment to deliver the best to our users and our community. Also you can check what was our full journey through our announcement channel @UniLendAnnouncement.\n\n**Q2. Are you planning to Burn / Buyback Unilend Tokens to increase their value and What is your Utility Token in the ecosystem?**\n\n**Ayush Garg:**\nWe have no such plans. The utility of $UFT tokens will in the governance of the platform and when our products are live users will be able to pay fee and other transaction with $UFT with discounts. Also we have UniLend Ecosystem products planned where $UFT will drive major utility.\n\n**Q3. Can you explain the Tokenomics of the UniLend, how it is Distributed ? How many tokens Will be minted and how many of those will be held by the team and for what purposes ? Also how experienced is the team behind the token?**\n\n**Ayush Garg:**\nWe have explained about our tokenomics here\nhttps://medium.com/@UniLend/announcing-the-unilend-uft-public-sale-interest-form-is-now-live-17e0cc6d7ad7\n\n**Q4. How does UniLend intend to remove the discrimination and barrier for all the tokens like UniSwap did with its DEX?**\n\n**Ayush Garg:**\nTwo things. Permissionless listing and Decentralised Governance!\n\n**Q5. I am interested in your project and would like to invest in it but I need to know a thing . What would your team's top priorities to fullfill in the year 2021 and how far has the team achieved this?**\n\n**Ayush Garg:**\nWe commenced our funding with public sale in October 2020. You can get $UFT tokens on various DeXs including Uniswap, sushiswap etc and CEX like Bithumb global, MXC etc.\n\n**Q6. What we know now is that there are many DeFi tokens, how to respond as a #UniLend Finance platform to respond to financial and security issues from fraudulent DeFi tokens?**\n\n**Ayush Garg:**\nThe security of funds of our users and projects who are providing liquidity is the utmost priority for us. We are taking significant measures to prevent any calamity. To begin with, we will do a guarded launch with only trusted projects initially till the platform is stable. Also our smart will be reviewed by industry experts and certified with trusted names. And lastly, in case of liquidation, we will not have to be interacting with any other DeX as we will have that built-in, which itself reduces the exposure.\n\n**Q7. While you build your project, do you take into account community feedbacks and demands and try to implement them?**\n\n**Ayush Garg:**\nOf course, we have a community of about 16k members and they are the every supporters. We contently interact with our community and take their feedback into account.\nNot only this, we have various rewards for active participants\n1. Pride of UniLend Rewards | $ 50\n2. Shield of Excellence | $100\n3. Bug Bounties - To be announced We have also opened our Alpha for early access and got more than 31k responses.\n\n**Q8. Which one of these aspects important for you?**\nA-Increasing Token Price&Value\nB-Empowering Platform Development\nC-Building Community Trust\nD-Expanding Partnership Globally\nVishal Kothari: Every aspect you stated is important to us for sure. Community having good trust on us and we are building a great UniLend Partnership Ecosystem with some of reputed in the crypto space and our tech team is building a great protocol that will be very user friendly for the users of UniLend. These things will lead us t o great price discovery.\n\n**Q9. Does the price of the token matter to you from an operational perspective, if the token price is $1 or $100?**\n\n**Ayush Garg:**\nWe already have reserved tokens for our operations and marketing and development, shared the tokenomics above. So the price won't affect much of our functioning.\n\n**Q10. Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?**\n\n**Vishal Kothari:**\nThis is a very good question. With recent hacks, this is a major concern with a lot of projects. We are working on solution for this particular scenario where we are immune to such events. Apart from all the standard security protocols we will be following, there will be some additional checks and balances like slippage tolerance , which we will reveal with our product launch. So to answer your question, this wont be a feasible scenario for UniLend's platform.\n\n**Q11. You guys said UFT tokens can be used to make loans on the Unilend platform, so what are the requirements for borrowing?**\n\n**Vishal Kothari:**\nNo UFT will be used to make loans, to take a loan you can submit any token as collateral which is paired with the token you want to borrow. There has to be liquidity pool for the pair, for eg ETH/USDT. You can take ETH loan by submitting USDT as collateral and vice versa. $UFT is the token which you can hold to earn commissions, lower fees and governance to state a few use cases.\n\n**CryptoClub:**\nYou really answered questions with so much detail and preciseness. ANY LAST WORDS FROM YOU\n\n**Ayush Garg:**\nThanks for hosting us, it was a great pleasure interacting with your community and answering their questions. I hope we have been able to answer major ones in the time we got.\n\n**Vishal Kothari:**\nGreat community !!! Love the energy. Thanks for hosting us.",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\",\"ama\",\"unilend\"],\"image\":[\"https://img.youtube.com/vi/VCKCGdsCgJo/0.jpg\"],\"links\":[\"https://t.me/cryp_toclub\",\"https://unilend.finance/\",\"https://github.com/UniLend\",\"https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\",\"https://unilend.medium.com/\",\"https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\",\"https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\",\"https://t.me/UniLend_Vietnam\",\"https://t.me/UniLend_Indonesia\",\"https://youtu.be/VCKCGdsCgJo\",\"https://medium.com/@UniLend/announcing-the-unilend-uft-public-sale-interest-form-is-now-live-17e0cc6d7ad7\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "a12ebcf537768e219cf8b9d6567cdc938bc651fe",
  "block": 51637206,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-03-01T17:00:27",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-crypto-royals-chat",
      "title": "UniLend AMA Recap on Crypto Royals' Chat",
      "body": "@@ -11150,29 +11150,249 @@\n swap\n-%0AComparision with Aav\n+: https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350%0AComparision with Aave: https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7e\n e%0A%0A*\n",
      "json_metadata": "{\"tags\":[\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\",\"ama\",\"unilend\"],\"users\":[\"ayushgrg\",\"vishalblockchain\",\"unilendfinance\"],\"image\":[\"https://cdn.steemitimages.com/DQmWwwdBarRsrHjyVu9SiRYjhN6jQszBW3553yMyg857mac/croyals-unilend.png\",\"https://cdn.steemitimages.com/DQmc91ntUNJjnw9oLvbzwUjh8C7UuiJK6JZKbXpqbxEvLzb/unilend-ecosystem.png\",\"https://img.youtube.com/vi/F25PDIyk3Fk/0.jpg\"],\"links\":[\"https://t.me/cryptoroyalschat\",\"https://unilend.medium.com/unilend-project-updates-4-january-2021-70c5adc77f96\",\"https://t.me/UniLendAnnouncement\",\"https://app.unilend.finance\",\"https://t.me/UniLendAnnouncement/78\",\"https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\",\"https://t.me/UniLendAnnouncement/179\",\"https://youtu.be/F25PDIyk3Fk\",\"https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\",\"https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\",\"https://www.nasdaq.com/articles/investors-flock-to-indias-defi-scene-months-after-central-bank-ban-overturned-2020-09-29\",\"https://unilend.medium.com/unilend-successfully-raises-3-1m-7dc6f950dfa\",\"https://twitter.com/UniLend_Finance/status/1316055719020359680\",\"https://t.me/UniLend_Vietnam\",\"https://t.me/UniLend_Indonesia\",\"https://www.unilend.finance\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "d2e826ddac93922c8a297bf6b5fdc6acfce5e52b",
  "block": 51567604,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-27T06:14:48",
  "op": [
    "vote",
    {
      "voter": "grunt",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-crypto-royals-chat",
      "weight": 5000
    }
  ]
}

{
  "trx_id": "0039696742f84f433dc93bba937584d98476e062",
  "block": 51567594,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-27T06:14:18",
  "op": [
    "vote",
    {
      "voter": "gruntalpha",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-crypto-royals-chat",
      "weight": 5000
    }
  ]
}

{
  "trx_id": "c08a57684e711b5a149b02b6d5a7c7d76d810bdc",
  "block": 51567519,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-27T06:10:33",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-crypto-royals-chat",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "fa3a3ffc412fa3d42ebd46c367e4c681f558cffe",
  "block": 51567510,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-27T06:10:06",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "unilend-ama-recap-on-crypto-royals-chat",
      "title": "UniLend AMA Recap on Crypto Royals' Chat",
      "body": "![croyals-unilend.png](https://cdn.steemitimages.com/DQmWwwdBarRsrHjyVu9SiRYjhN6jQszBW3553yMyg857mac/croyals-unilend.png)\n\nHi Folks!\n\nUniLend Finance was invited by Crypto Royals (https://t.me/cryptoroyalschat) to an AMA session on February 16th and Vishal Kothari, UniLend's community lead and Ayush Garg, UniLend's marketing ops lead, participated in this session. Here is the recap of this event.\n\n# Segment 1: Introduction and basic questions\n**CryptoRoyals:**\nGood evening everyone! I am pleasured to have Marketing and Operations Lead @ayushgrg and Community Lead @VishalBlockchain here from UniLend Team for Today's AMA session.   Hello @ayushgrg @VishalBlockchain , so nice to have you here with us today.\n\n**Ayush Garg:**\nGlad to be here. Thanks for the intro Devina!\n\n**Vishal Kothari:**\nHey DeVina Glad to be with Crypto Royals.\n\n**CryptoRoyals:**\nLets begin today's session with Segment-1 ( Questions From Host ). Please type done aftwr completion of an answer to avoid any kind of confusion sir.\n\n**CryptoRoyals:**\n**Q1. Can you please give us a brief overview of UniLend?**\n\n**Ayush Garg:**\nSure! Before we get started I would like to give a shout out to my team for their relentless work, we opened our Alpha, Initium V1, to our entire community for testing earlier this month after getting 41k+ responses. We’re making excellent headway on our roadmap and we’re preparing to launch our Beta this month! If anyone wants to get access to try it, check out our announcements for more details Moving on, I’d also like to introduce myself a little better. I am from Computer Science background with experience working at companies like Uber and Box8 (Indian startup with 700cr valuation) Have been part of Crypto space since early 2017. I have also worked with Startup Oasis - Initiated by IIM Ahmedabad and Rajasthan Gov.\nLast year, around august we started working on UniLend. I have been part of UniLend's team since launch and now leading front in Marketing and Operations. @VishalBlockchain is another gem in our team, would like him to introduce too.\n\n**Vishal Kothari:**\nSo... Hey, I am Vishal Kothari - Community Lead at UniLend Finance. I have started my career from Computer Education in 1998 and exploring around various IT related businesses and services finally realised the best thing technology has given us is the Cryptocurrency as I was studying and researching about cryptocurrencies since 2014. I have been guiding projects on marketing front & community growth from more than an year & have been an early part of UniLend Team from start of the project.\n\n**Ayush Garg:**\nIn regards to your question, UniLend is a comprehensive DeFi protocol with the mission to unlock the true potential of decentralized finance. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $30B+ of assets which are currently excluded from DeFi. As many people say UniLend is like a combination of Uniswap, Compound and Aave. This is one way to think of our protocol but there is much more. What we are bringing to the table is the permission less listing, which is basically anyone can start lending and borrowing for their tokens with just providing liquidity to our platform. We are picking up from where Uniswap took the Defi revolution. done!\n\n**CryptoRoyals:**\nThats a great overview given by you guys.\n\n**Q2. It’s great to hear that your team is so focused and congratulations on the launch of your protocol’s Alpha release! How about we expound on what you stated, that this is just the beginning. Maybe you can share a little about the partnerships you’ve recently released information about?**\n\n**Vishal Kothari:**\nThank you for your positive words, I would be happy to share. I think everyone should be excited for our upcoming roadmap goals and the many collaborations with the projects we’re working with. You can check all the updates of the January here: https://unilend.medium.com/unilend-project-updates-4-january-2021-70c5adc77f96.\n\nLike stated above, we’ve recently launched our Initium community testing event, which is providing us with excellent feedback to keep improving the UX, UI and features of our protocol. In addition, Q1 of this year has officially kicked off, so expect to see new releases on the horizon. Specifically, the next big release will be the Beta release of our protocol, which is on track for launch this month. \n\nThere are many additional milestones coming soon after, such as liquidity mining/staking features to be added to the mix. In regards to our partnerships, everyone probably noticed that we recently strategically partnered with Mirror Finance to enable decentralized lending and borrowing of synthetic stocks via UniLend. Yes, we’ll be the first protocol to offer this type of functionality.\n\nGet ready to lend and borrow the world’s major stocks (including the FAANG tech giant stocks).  Also, we’ve recently entered into another cutting edge partnership with Nord Finance, who’ll be integrating UniLend Finance into the Nord Advisory portion of their tech stack.\n\nThis will enable new DeFi investing strategies for the DeFi community. Nord Finance’s community will be introduced to the innovative features of our protocol, thus helping to further enhance our future growth as well. There’s a whole lot more cooking behind the scenes. For example, UniLend is currently working with Fire Protocol to enable UniLend to bring more assets to Huobi Eco Chain (HECO). In addition, our teams are currently working together to explore wrapped UFT to bring UFT to Fire Protocol, and ultimately to HECO. Again this is just the beginning, many more collaborations and unique protocol functionalities are yet to be announced. done..\n\n**CryptoRoyals:**\nExcited for more such announcements sir!\n\n**Vishal Kothari:**\nEven you guys can get our regular announcement through https://t.me/UniLendAnnouncement and also you can join the community chat at @UniLendFinance\n\n**Ayush Garg:**\nHere is the summary of our partnerships:\n\n![unilend-ecosystem.png](https://cdn.steemitimages.com/DQmc91ntUNJjnw9oLvbzwUjh8C7UuiJK6JZKbXpqbxEvLzb/unilend-ecosystem.png)\n**CryptoRoyals:**\nEveryone join UniLend's Announcements channel now for much fsntastic updates.\n\n**Q3. This all sounds so exciting! One question about security - how can users be sure they are safe while using such a new protocol?**\n\n**Ayush Garg:**\nGreat question. Very relevant one in the recent time. I would say we are much more secure than other money market protocols. For instance, current protocols are dependent on other DEXs like Uniswap etc. for liquidations (which is a major concern for adding illiquidity & more volatile assets). Which is another room for vulnerability. Nobody has any sort of control on these DEXs, whereas in the case of UniLend, we are deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Yes, we will be having our own trading platform. Hence, we are not dependent on any other protocol for liquidation & everything is handled within the UniLend ecosystem. The problem we are solving is quite large and it requires a complete ecosystem to be built for catering to such a problem. Progress on this front is going strong. Also like our roadmap suggests, during Q1 of 2021, we will have proper audits in place from a variety of the best industry players to make sure our protocol is safe for users. Done!\n\n**CryptoRoyals:**\nThats an amazing explanation!\n\n**Q4. You brought up the roadmap and it got me thinking about the future of your protocol again. What else do users have to look forward to further down the road in 2021?**\n\n**Vishal Kothari:**\nGreat Question DeVina. We’re making excellent headway on our roadmap and we’re excited to hear feedback about Initium V1. https://app.unilend.finance. Though our Alpha was a monumental event in our journey, there is so much more in store for 2021. Above we stated that Q1 has many exciting roadmap milestones on the horizon, including our Beta release this month and Mainnet release coming in Q1. Additionally, Fusion Farming should also go live during the first quarter. This is an innovative feature which will allow UniLend liquidity providers to attain two different tokens at once by providing liquidity. Again, this is just the first quarter of 2021.\n\n**Ayush Garg:**\nWhile Vishal bhai answers, have a look at it yourself 🤟\nhttps://t.me/UniLendAnnouncement/78\n\n**Vishal Kothari:**\nIn the future, UniLend will implement community governance, the UniLend Ecosystem Fund, launch onto multiple chains, layer 2 implementation for a superior user experience, and even metatransactions. We’ll also bootstrap new projects in the UniLend ecosystem with full DeFi functionality right from their token launch. Empowering brand new tokens with comprehensive DeFi functionality is a concept completely new to the crypto space, and something which is extremely valuable to new tokens looking to establish a user base and solid use cases for their token. Therefore, we anticipate that listing on UniLend (in addition to traditional platforms such as Uniswap) will be standard procedure for new token launches. In fact, we recently launched a poll on Twitter regarding this, and the crypto community echoed our sentiment strongly. You can see the full roadmap outlining our plans up until Q3 of 2021 here: https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd. These are all things that we can confidently say we can fulfil based on the dates shown via our roadmap, though there are many other items we are also working on/researching in the background. We've been working on something in stealth to surprise UniLend fan. Fasten your seatbelts, Something BIG is coming! https://t.me/UniLendAnnouncement/179\n\n**CryptoRoyals:**\nCant wait to see that new thing. This all got me real excited for this new upcoming announcement!\n\n**Vishal Kothari:**\nKeep an eye at https://t.me/UniLendAnnouncement\n\n**CryptoRoyals:**\nWill surely do. Ok, great answers so far. \n**Q5. Above you stated you’re picking up from where Uniswap left off? I heard your team has great comparison articles in regards to this, could you expand on this topic and let us know where we can find these articles?**\n\n**Ayush Garg:**\nYes, to clarify, we have the utmost respect for Uniswap and the other leading protocols for being trailblazers in the DeFi space. That said, we believe that our comprehensive DeFi functionality and permissionless listing model will facilitate the evolution of DeFi and bring the next wave of users into the DeFi space. haha those articles are something which really helped to explain our vision across. The goal with the series is to show the cryptosphere why we will be a major contender, with more to offer than our competitors. UniLend is a unique protocol that is capable of truly revolutionizing DeFi.  We have actually compilled it all together in a youtube playlist.\n\nhttps://youtu.be/F25PDIyk3Fk\n\nBut if anyone want to dive deep into the comparisons, would recommend reading these 2 blogs.\nComparison with Uniswap\nComparision with Aave\n\n**CryptoRoyals:**\nWill definitely read these ones.\n\n**Q6. Recently we’ve noticed UniLend is becoming the new future home to many up and coming hot DeFi tokens. What’s creating all the buzz and why do these projects want to work with UniLend Finance?**\n\n**Vishal Kothari:**\nWe see many other projects already realizing what we’re doing is different. We believe these projects see our vision and know that our lending and borrowing platform will more than just compete, but dominate the DeFi status quo protocols. In the future, we believe that DeFi users will flock to our protocol. Mainly because we’ll have all the functionality that the top DeFi protocols have and more. Also UniLend will maintain our status by continuing to innovate and strategically partnering to join protocol strengths. We have great synergies with projects like Injective for instance. Not only are we working on collaborating in the future but we’ll have their token INJ listed for trading, lending and borrowing. This is all easily done with our permissionless listing capabilities. In addition, we’re already preparing to list Mirror finances mAsset tokens which mimic real world synthetic stocks, such as the FAANG stocks. Furthermore, we’re also preparing for Base protocols Rebase tokens, Phantom’s synthetic commodities and Union’s collateral optimization token UNN.  It’s inevitable that our platform will be sought after to find the next “big project” before other protocols list these new projects. We are building our protocol to have a trust factor to protect against fake tokens yet still allow for early listings.  All in all, we are creating a safe haven and technological hub for the greatest projects and everyday DeFi users. UniLend Finance is the key to unlocking the true potential of decentralized finance.\n\n**CryptoRoyals:**\nAmazing!! Thank you so much for answering all the introductory questions.\n\n# Segment 2: Twitter Questions \n**Q1. Is Unilend really designed to solve the problems of the DeFi protocols of only admitting few tokens (Maker DAO, Aave) and of being able to make loans of any of them? or are there more benefits with Unilend?**\n\n**Ayush Garg:**\nThis question has many layers to it! So our protocol is target at the whole Defi space and we are pretty far sighted in development considering the ever expanding Universe of Crypto and Defi Big Bang. Yes our goal is to enable users to get loans against their fav cryptos which they dont want to sell of, we are not limited to few tokens or type of tokens. The $UFT holders will play major role in governance of the platform, but their will be other benefits when we launch our staking and mining pools. Also one more added advantage coming with our Big Reveal! Done! So yeah exciting stuff all around\n\n**Vishal Kothari:**\nWelcoming Every ERC20 Token to DeFi.\n\n**Q2. Anybody will be able to list any ERC20 token without any entity controlling the process, this makes UniLend’s features accessible to every token. But does that mean that scam tokens can be listed without any restriction?**\n\n**Ayush Garg:**\nI get the underlying concern here. It is not wrong to be sceptical about security. The security of funds of our users and projects who are providing liquidity is utmost priority for us. We are taking significant measures to prevent any calamity. To begin with, we will do a guarded launch with only trusted projects initially till the platform is stable. Also our smart will be reviewed by industry experts and certified with trusted names. And lastly in case of liquidation, we will not be interacting with any other DeX as we will have that built in, which itself reduces the exposure. done.\n\n**Q3. Has been passed so much time since a strong DeFi project appear, so How Unilend will spread its name to all DeFi ecosystem to attract more investors attention? Also Which are most important investors and Advisors?**\n\n**Ayush Garg:**\nWe have raised sufficient amount of funds with our initial round of funding and have done IDO in oct 2020. We are well placed to execute our future plan we mentioned in our roadmap. That said, our team is very well connected in crypto industry. And a plethora of invertors have interest in UniLend for future. Our Founder Chandresh Aharwar is well known from his time in Matic( now Polygon) as VP Marketing and Strategy. Nasdaq covered us - https://www.nasdaq.com/articles/investors-flock-to-indias-defi-scene-months-after-central-bank-ban-overturned-2020-09-29 This will help you understand about our fund raise better: https://unilend.medium.com/unilend-successfully-raises-3-1m-7dc6f950dfa\n\n**Q4. Which one of these aspects important for you?**\nA-Increasing Token Price&Value\nB-Empowering Platform Development\nC-Building Community Trust\nD-Expanding Partnership Globally\n\n**Ayush Garg:**\nThis is a good one. Our highest priority currently is to get the product right and to achieve that we are working on various fronts. Techwise we are solid, our code being pushed to github frequently. Community - we have a large army of supporters and its growing fast, our community has 15k members, we have 3 regional communities, more to come!\nToken price - I believe this is an important aspect but in highly volatile crypto market, we don't associate our value with the price. We always thrive to create more value, sooner or later that will be reflected in our price. Partnerships - We are partnering with all the projects where there is a meaningful collaboration, and can generate real value for their users and ours, I have shared an image of expanding UniLend ecosystem too.\n\n**Q5. Do you have a Roadmap for your project? I don't see any Roadmap for your website,Plz disclose the matter.**\n\n**Ayush Garg:**\nOfcourse we have that. I feel we a very comprehensive and realistic roadmap. We are on track to reach our milestone which is to get our beta out by end of Feb and Mainnet by End of Q1. We are committed to deliver on our promise but our devs are pushing it further to deliver things which we planned for a later stage.\n\n**Vishal Kothari:**\nAnd here you all can check our detailed roadmap too...\nhttps://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\n\n**Ayush Garg:**\nReferring the big storm coming. done.\n\n# Segment 3: Live Questions \n**Q1. Can UniLend provide users with more information about security and anti-hack?**\n\n**Vishal Kothari:**\nAs we always keen to see the security will be always in our priority and for that even our smart contract of the $UFT token is already been audited by the top audit company certik and we will ensure that our smart contract of them mainnet will also be audited by the best in the industry. You can check our UFT token audit through: \nhttps://twitter.com/UniLend_Finance/status/1316055719020359680\n\n**Q2. You said that #Unilend picking up from where Uniswap took the Defi revolution. What the essence of this words?**\n\n**Ayush Garg:**\nSo Uniswap is the pioneer in Defi and shaped the space how we know it. And this is the first time an utility is added to crypto which is widely adopted (every trader's most visited site is a gastracker now. UniLend want to take it further by permissionless platform where anyone with liquidity can list their tokens for lending and borrowing. The Current TVL of the market is around $40B, where only handful of tokens can be used for Lending, borrowing and other Defi services. We are going to unlock this potential of other tokens which have created value and have strong community backing. Adding them we can take this TVL to cross $100 B in coming months.\n\n**Q3. How do you plan to spread awareness about your project in countries/regions where English is not spoken well like Indonesia, Vietnam, India, Bangladesh and Iran, do you have local communities for them to make them better understand about your project?**\n\n**Vishal Kothari:**\nWe are building up global and regional communities to support all our users to have ease of the communication with the team through the community and community managers and that's why we already have 2 regional communities announced so far\n🇻🇳 Vietnam : https://t.me/UniLend_Vietnam\n🇮🇩 Indonesia : https://t.me/UniLend_Indonesia\n\n**Q4. UniLend is a permissionless platform focused on Ethereum tokens, but the need for cross-chain solutions is increasingly perceived. Does UniLend intend to be a cross-chain platform, allowing its features to be available to non-ethereum tokens?**\n\n**Ayush Garg:**\nIt is in our plan but not a priority right now.\n\n**Q5. Many new projects initially developed well but were suddenly abandoned. How will you manage your project to get your position on the market and become the best project in the blockchain world?**\n\n**Vishal Kothari:**\nWe have bigger roadmap than we have announced so far and shared with our community. So you can see that we are not here for short term but we are aiming to propel the DeFi Ecosystem with UniLend with a greater goal than anyone can think around for sure.\n\n**Q6. In the world cryptocurrency competition, features are of the utmost importance to attract investors and the community! Can you provide a list of killer features that scare your competitors over your project?**\n\n**Ayush Garg:**\nNot sure if it scares anyone :wink:\n1. Permissionless listing\n2. Integrated DeX\n3. UniLend Ecosystem\n4. Decentralised Governance\n5. Build on most widely used Blockchain Ethereum\n6. Robust planning\n7. Leaders as partners and last but not the least, coolest team!\n\n**Q7. Where do I get information about your team? Why do you prefer to be anonymous? Do you have a plan to identify your team later?**\n \n**Vishal Kothari:**\nWe are not anonymous, please check our website to know more about our team.\nhttps://www.unilend.finance . Join us at @UniLendFinance for more details.\n\n**CryptoRoyals:**\nOkay great. Thank you so much for answering best questions from the community.\n\n**Vishal Kothari:**\nLoved the energy in the group. Thank you DeVina for the warmest hosting us here.\n\n**CryptoRoyals:**\nPleasure is ours sir. If anyone has any more questions left to be asked, feel free to ask in @UniLendFinance.\n\n**Ayush Garg:**\nThank you everyone and Crypto Royals Team. It was great interacting with you and thanks DeVina for hosting us!\n\n**CryptoRoyals:**\nLets end the session now. Thank you so much everyone for joining our session with UniLend finance today and special thanks to @ayushgrg and  @VishalBlockchain for this amazing informative session! We all wish the best for UniLend sir.",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\",\"ama\",\"unilend\"],\"users\":[\"ayushgrg\",\"vishalblockchain\",\"unilendfinance\"],\"image\":[\"https://cdn.steemitimages.com/DQmWwwdBarRsrHjyVu9SiRYjhN6jQszBW3553yMyg857mac/croyals-unilend.png\",\"https://cdn.steemitimages.com/DQmc91ntUNJjnw9oLvbzwUjh8C7UuiJK6JZKbXpqbxEvLzb/unilend-ecosystem.png\",\"https://img.youtube.com/vi/F25PDIyk3Fk/0.jpg\"],\"links\":[\"https://t.me/cryptoroyalschat\",\"https://unilend.medium.com/unilend-project-updates-4-january-2021-70c5adc77f96\",\"https://t.me/UniLendAnnouncement\",\"https://app.unilend.finance\",\"https://t.me/UniLendAnnouncement/78\",\"https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\",\"https://t.me/UniLendAnnouncement/179\",\"https://youtu.be/F25PDIyk3Fk\",\"https://www.nasdaq.com/articles/investors-flock-to-indias-defi-scene-months-after-central-bank-ban-overturned-2020-09-29\",\"https://unilend.medium.com/unilend-successfully-raises-3-1m-7dc6f950dfa\",\"https://twitter.com/UniLend_Finance/status/1316055719020359680\",\"https://t.me/UniLend_Vietnam\",\"https://t.me/UniLend_Indonesia\",\"https://www.unilend.finance\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "3ff711bf0a3dc6fd9a19c3852391c74a768dcaa8",
  "block": 51249662,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-16T01:26:45",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "unilend-x-nord-finance-ama-recap-february-09th",
      "title": "UniLend x Nord Finance - AMA recap - February 09th",
      "body": "![uft-nrfinance.png](https://cdn.steemitimages.com/DQmTsMej4RcgJ7C5fEX5NQbDmqiEuJBzy24J1FirF9kdRoY/uft-nrfinance.png)\n\nHi Folks,\n\nUniLend Finance announced a partnership with Nord Finance and in order to discuss some details about this partnership as well as other UniLend's initiatives and features, Nord Finance invited Chardresh Aharwar, UniLend's founder and CEO and Vishal Kothari, UniLend's community lead to participate in an AMA session on February 9 on the Nord TG channel (https://t.me/nordfinance). Here is the recap of this event.\n\n \n# Segment 1: Introduction and basic questions\n**Nord Finance:**\nDear #NordVikings, Please welcome @ChandreshAharwar CEO and Co-founder of Unilend Finance also @VishalBlockchain, community lead at Unilend Finance. Welcome brothers.\n\n**Chandresh Aharwar:**\nThanks for Inviting bhai. You have built a great community.\n\n**Vishal Kothari:**\nThank you Rahul to host us here in the great community of the Nord.\n\n**Nord Finance:**\n**Please share a short intro about yourself before we start the Q & A.**\n\n**Vishal Kothari:**\nHey, I am Vishal Kothari - Community Lead at UniLend Finance. I have started my career from Computer Education in 1998 and jumping from various IT related businesses finally realised the best thing technology has given us is the Cryptocurrency as I was studying and researching about cryptocurrencies since 2014. I have been guiding projects on marketing front & community growth from more than an year & have been an early part of UniLend Team from start.\n\n**Chandresh Aharwar:**\nMany of you probably already know I have been actively contributing to the blockchain space since late 2016, including holding the lead Marketing & Strategy position at Matic Network before co-founding UniLend Finance. To follow the UniLend Journey, please feel free to join https://t.me/UniLendAnnouncement.\n\nChandresh's #MaticNetwork story:\nhttps://twitter.com/chandresh1091/status/1259145137881354240\n![matics-unilend-tw.png](https://cdn.steemitimages.com/DQme1Rzh72jNRkdSoR3hFnYZ5tk28nks29qUisVrgoaYfjN/matics-unilend-tw.png)\n\n\n\n**Nord Finance:**\nThanks for the intro guys, let's start with the questions.\n\n**Q1. Can you please give us a brief overview of UniLend?**\n\n**Vishal Kothari:**\nSure! Before we get started I would like to give a shout out to our team for their relentless work, recently we opened our Alpha, Initium V1, to our entire community for testing. We’re making excellent headway on our roadmap and we’re excited to hear feedback about Initium V1. In regards to your question, UniLend is a comprehensive DeFi protocol with the mission to unlock the true potential of decentralized finance. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $30B+ of assets which are currently excluded from DeFi. I have heard people say UniLend is like a combination of Uniswap, Compound and Aave. This is one way to think of our protocol. In addition to an intuitive UI, UniLend will also have a robust governance model powered by UFT (UniLend Fiance Token), and this is just the beginning.\n\n**Chandresh Aharwar:**\n https://app.unilend.finance/ This is on ropsten currently.\n\n**Nord Finance:**\n**Q2. It’s great to hear that your team is so focused and congratulations on the launch of your protocol’s Alpha release! How about we expound on what you stated, that this is just the beginning. Maybe you can share a little about the partnerships you’ve recently released information about?**\n\n**Vishal Kothari:**\nI would be happy to share. I think everyone should be excited for our upcoming roadmap goals and the many collaborations with the projects we’re working with. Like stated above, we’ve recently launched our Initium community testing event. We believe we’ll receive great feedback, since our early access program community testing initiative was very successful. In addition, Q1 of this year has officially kicked off, so expect to see new releases on the horizon. Specifically, the next big release will be the Beta release of our protocol. There are many additional milestones coming soon after, such as liquidity mining/staking features to be added to the mix. In regards to our partnerships, everyone probably noticed that we recently strategically partnered with Mirror Finance to enable decentralized lending and borrowing of synthetic stocks via UniLend. Yes, we’ll be the first protocol to offer this type of functionality. Get ready to lend and borrow the world’s major stocks (including the FAANG tech giant stocks). Also, we’ve recently entered into another cutting edge partnership with Nord Finance, who’ll be integrating UniLend Finance into the Nord Advisory portion of their tech stack. This will enable new DeFi investing strategies for the DeFi community. Nord Finance’s community will be introduced to the innovative features of our protocol, thus helping to further enhance our future growth as well. Again this is just the beginning, many more collaborations and unique protocol functionalities are yet to be announced and we are really excited about our upcoming functionalities.\n\n**Chandresh Aharwar:**\nRecent collaboration with Fantom. We will be listing 16 synthetics assets more:\nhttps://twitter.com/UniLend_Finance/status/1357372918741803013\n\n![uft-fantom-tw.png](https://cdn.steemitimages.com/DQmeUZqLQuwLbzbdtpEBLokgVW7TRRf6bqf4JkwyjxcuDBH/uft-fantom-tw.png)\n\n\n Our partners keep growing everyday with the UniLend Ecosystem.\n\n**Nord Finance:**\nThat's great to hear. Please read about NORD × UNILEND partnership here:\nhttps://link.medium.com/Fi3ypzBRXcb\n\n**Nord Finance:**\n**Q3. One question about security - how can users be sure they are safe while using such a new protocol?**\n\n**Chandresh Aharwar:**\nWe are building an ecosystem of Trading & Money Market, not dependant on liquidations for other Dexes. UniLend will be more secure & safe architecture wise than currently existing Money markets.\n\n**Vishal Kothari:**\nI would say we are much more secure than other money market protocols. For instance, current protocols are dependent on other DEXs like Uniswap etc. for liquidations (which is a major concern for adding illiquidity & more volatile assets) while we have our own liquidation process with liquidity in our own protocol. Nobody has any sort of control on these DEXs, whereas in the case of UniLend, we are deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Hence, we are not dependent on any other protocol for liquidation & everything is handled within the UniLend ecosystem. Maximum security is a key priority of UniLend Finance, we are picking up where key DeFi protocols like Uniswap left off and continuing the development of the decentralized finance revolution in a very secured way. Also like our roadmap suggests, during Q1 of 2021, we will have proper audits in place from a variety of the best industry players to make sure our protocol is safe for users of UniLend.\n\n**Nord Finance:**\n**Q4. You brought up the roadmap and it got me thinking about the future of your protocol again. What else do users have to look forward to further down the road in 2021?**\n\nVishal Kothari:\nThough our Alpha was a monumental event in our journey, there is so much more in store for 2021. Above we stated that Q1 has many exciting roadmap milestones on the horizon, including our Mainnet release coming in Q1. Additionally, Fusion Farming should also go live during the first quarter. This is an innovative feature which will allow UniLend liquidity providers to attain two different tokens at once by providing liquidity. Again, this is just the first quarter of 2021. In the future, UniLend will implement community governance, the UniLend Ecosystem Fund, launch onto multiple chains, layer 2 implementation for a superior user experience, and even metatransactions. We’ll also bootstrap new projects in the UniLend ecosystem with full DeFi functionality right from their token launch. Empowering brand new tokens with comprehensive DeFi functionality is a concept completely new to the crypto space, and something which is extremely valuable to new tokens looking to establish a user base and solid use cases for their token. Therefore, we anticipate that listing on UniLend (in addition to traditional platforms such as Uniswap) will be standard procedure for new token launches. In fact, we recently launched a poll on Twitter regarding this, and the crypto community echoed our sentiment strongly. You can see the full roadmap outlining our plans up until Q3 of 2021 here: https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd These are all things that we can confidently say we can fulfil based on the dates shown via our roadmap, though there are many other items we are also working on/researching in the background.\n\n**Nord Finance:**\n**Q5. Above you stated you’re picking up from where Uniswap left off? I heard your team has great comparison articles in regards to this, could you expand on this topic and let us know where we can find these articles?**\n\n**Vishal Kothari:**\nYes, to clarify, we have the utmost respect for Uniswap and the other leading protocols for being trailblazers in the DeFi space. That said, we believe that our comprehensive DeFi functionality and permissionless listing model will facilitate the evolution of DeFi and bring the next wave of users into the DeFi space. Our community has requested further clarification on UniLend’s strengths as a DeFi protocol, which is why we launched our DeFi Dissected article series. The goal with the series is to show the cryptosphere why we will be a major contender, with more to offer than our competitors. UniLend is a unique protocol, built from the ground up, that is capable of truly revolutionizing DeFi. I would encourage everyone to follow us on our UniLend Medium (https://unilend.medium.com/) to stay up to date on our collaborations and to take a look at the DeFi Dissected article series for themselves. Two of the most recent articles within this series were for comparing UniLend with Aave and Uniswap, here are the links to get you started:  Comparison with Uniswap : https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\nComparison with Aave : https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\n\n**Nord Finance:**\n**Q6. I’m sure everyone wants to hear a little more about the collaboration between Nord Finance and UniLend. Maybe you could let everyone know the major developments between us?**\n\n**Vishal Kothari:**\nI totally agree, our team is extremely excited for the future of our connection. We received a very enthusiastic response from our community when we released information about our strategic partnership, and congratulations to the Nord team that $NORD is trending on CoinGecko. Feel that really exciting time ahead for both the teams. UniLend wants to enable our users to take the bull by the horns, to empower them with cutting edge DeFi assistance technology. One game changing factor Nord Finance will bring to UniLend users is the integration of UniLend Finance into the Nord Advisory portion of their tech stack. This will allow for our protocol to be used in conjunction with Nord’s proprietary algorithm, which ultimately assists with users’ goal-oriented diversified portfolio management. Are you guys ready for robo-advisory led customized investment functionality? We imagine that joining forces with blockchain agnostic platforms for multi-chain interoperability like Nord Finance will be a very important factor in itself. Besides the fact that Nord Finance is making DeFi investing easier, they’re also developing new roads towards yield farming aggregation, fund management and loans against crypto-assets which could cultivate further collaboration down the road. The sky’s the limit in crypto and we’re ecstatic to be working hand in hand with Nord Finance.\n\n# Segment 2: Live Questions \n**Q1. Unilend welcomes every ERC20 token to DeFi, great project. I agree that every token should be part of DeFi such as OKB, CRO, MATIC which have a higher market cap. Do you have any plans to exploring addition of cross-chain support in the future such as Binance Chain, Monero, etc..?**\n\n**Chandresh Aharwar:**\nWe are totally focused on ethereum chain currently, becuase major liquidity is their currently. More than $37 Billion of assets are locked in DEFI on ethereum currently & with UniLend we beleive that can increase by substantial amount. We also plan to share more on our layer 2 strategy & other chains like Binance smart chain, but our current focus is launching Beta on ethereum currently.\n\n**Q2. Please mention 3 great features of UniLend , which makes it ahead of other projects?**\n\n**Chandresh Aharwar:**\nI would say\n- Permission less Lending/Borrowing\n- One stop solution along with trading to serve all user requirements & many integrations making it more robust\n- Permission-less uncollaterized loans supporting major assets through flash loans\n\n**Q3. Asia, Africa and other communities are Non-English speaking communities, how will YOUR PROJECT create global adoption to more local communities?**\n\n**Vishal Kothari:**\nWe are building up global and regional communities to support all our users to have ease of the communication with the team through the community and community managers and that's why we already have 2 regional communities announced so far\n🇻🇳 Vietnam : https://t.me/UniLend_Vietnam\n🇮🇩 Indonesia : https://t.me/UniLend_Indonesia\n\nFor more updates please feel free to join https://t.me/UniLendFinance\n\n**Q4. At this point, do you think you need exchanges as a binance to keep growing? Or is it better to forget those things and focus on other activities.?**\n\n**Chandresh Aharwar:**\nI definetely think exchange listings like Binance can ease the expereince of $UFT traders & also help improve the volumes by lettting us reach out to larger audience. We totally understand this & will keep taking all efforts for our community. From the platform adoption perspective also, we have 4K+ erc20 addresses holding $UFT & it keeps increasing. We are taking all efforts to keep growing on this front too by presenting the possibilities of UniLend.\n\n**Q5. COVID-19 led to a series of lockdown that has had crippling effects on so many projects. What effect has it had on your hardworking team, the project itself and it's roadmap? Will the new wave have any negative effect on this project?**\n\n**Chandresh Aharwar:**\nOur team actually was already very well connected, so remote working due to COVID has worked wonders for us. Infact I feel that our team is performing better in remote scenario with flexible working hours. We haven't missed any deadlines yet & already launched alpha as promised & our progress is on trcak for future deliverables too. Things will keep heating up from hear on with such an amazing team on our side, giving their 100%.\n\n**Nord Finance:**\nThanks for your time @ChandreshAharwar and @VishalBlockchain. It was amazing hosting you guys here. See y'all around. NORD × UNILEND\n\n**Vishal Kothari:**\nThanks Rahul.",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\",\"ama\",\"nordvikings\"],\"users\":[\"chandreshaharwar\",\"vishalblockchain\"],\"image\":[\"https://cdn.steemitimages.com/DQmTsMej4RcgJ7C5fEX5NQbDmqiEuJBzy24J1FirF9kdRoY/uft-nrfinance.png\",\"https://cdn.steemitimages.com/DQme1Rzh72jNRkdSoR3hFnYZ5tk28nks29qUisVrgoaYfjN/matics-unilend-tw.png\",\"https://cdn.steemitimages.com/DQmeUZqLQuwLbzbdtpEBLokgVW7TRRf6bqf4JkwyjxcuDBH/uft-fantom-tw.png\"],\"links\":[\"https://t.me/nordfinance\",\"https://t.me/UniLendAnnouncement\",\"https://twitter.com/chandresh1091/status/1259145137881354240\",\"https://app.unilend.finance/\",\"https://twitter.com/UniLend_Finance/status/1357372918741803013\",\"https://link.medium.com/Fi3ypzBRXcb\",\"https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\",\"https://unilend.medium.com/\",\"https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\",\"https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\",\"https://t.me/UniLend_Vietnam\",\"https://t.me/UniLend_Indonesia\",\"https://t.me/UniLendFinance\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "b15c76337fbb20cd4443484a611741255f828d5c",
  "block": 51127775,
  "trx_in_block": 7,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-11T18:36:36",
  "op": [
    "vote",
    {
      "voter": "gruntalpha",
      "author": "netuno",
      "permlink": "unilend-x-mirror-protocol-ama-recap-february-01st",
      "weight": 5000
    }
  ]
}

{
  "trx_id": "a7eccc7791db489477fcbdb8e5609b9f9c0072d7",
  "block": 51127766,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-11T18:36:06",
  "op": [
    "vote",
    {
      "voter": "gruntbeta",
      "author": "netuno",
      "permlink": "unilend-x-mirror-protocol-ama-recap-february-01st",
      "weight": 5000
    }
  ]
}

{
  "trx_id": "1861ca915f366ff8ef2648856ee325feccc74738",
  "block": 51127683,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-11T18:31:54",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "unilend-x-mirror-protocol-ama-recap-february-01st",
      "title": "UniLend x Mirror Protocol - AMA recap - February 01st",
      "body": "![uft-mrr.png](https://cdn.steemitimages.com/DQmdS5MyHc1MAgGm9kvdQ9GTeSepjEZWjqybTCqTe72eTTQ/uft-mrr.png)\n\n\nHi Folks!\n\nAfter the announcement of the partnership between UniLend Finance and Mirror Protocol, a new AMA was held, this time on the Mirror TG channel (https://t.me/mirror_protocol), where Chardresh Aharwar, UniLend's founder and CEO, Vishal Kothari, UniLend's community lead and Ayush Garg, UniLend's marketing ops lead, answered several questions, including the some details abut this parnership. Here is the recap of this event.\n\n# Segment 1: Introduction and basic questions\n**Mirror:**\nSo without further ado, let’s get to it. I would like to welcome Unilend team to our Mirror Telegram group. Chandresh Ahrawar is the CEO of Unilend and Vishal is the Community Lead for Unilend.\n\n**Chandresh Aharwar:**\nHi Everyone, really glad to be here. Thanks Aayush for Inviting us.\n\n**Vishal Kothari:**\nHello Everyone. Glad to be here. Hey Ayush, Glad to be with Mirror Community.\n\n**Mirror:**\nLikewise🙂 To start, for the benefit of our community members,would you mind giving us a brief overview of UniLend?\n\n**Chandresh Aharwar:**\nSure. Before we get started I would like to give a shout out to my team for their relentless work, recently we opened our Alpha, Initium V1, to our entire community for testing. We’re making excellent headway on our roadmap and we’re excited to hear feedback about Initium V1.\nhttps://app.unilend.finance\n\n**Vishal Kothari:**\nHey, I am Vishal Kothari - Community Lead at UniLend Finance. I have started my career from Computer Education in 1998 and jumping from various IT related businesses finally realised the best thing technology has given us is the Cryptocurrency as I was studying and researching about cryptocurrencies since 2014. I have been guiding projects on marketing front & community growth from more than an year & have been an early part of UniLend Team from start.\n\n**Chandresh Aharwar:**\nMany of you probably already know I have been actively contributing to the blockchain space since late 2016, including holding the lead Marketing & Strategy position at Matic Network before co-founding UniLend Finance. UniLend is a comprehensive DeFi protocol with the mission to unlock the true potential of decentralized finance. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $30B+ of assets which are currently excluded from DeFi. I have heard people say UniLend is like a combination of Uniswap, Compound and Aave. This is one way to think of our protocol. In addition to an intuitive UI, UniLend will also have a robust governance model powered by UFT (UniLend Fiance Token), and this is just the beginning.\n\n**Mirror:**\nThanks for the introductions - very impressive indeed. Matic team is well known for their execution and marketing! It’s great to hear that your team is so focused and congratulations on the launch of your protocol’s Alpha release! How about we expound on what you stated, that this is just the beginning. Maybe you can share a little about the partnerships you’ve recently released information about?\n\n**Vishal Kothari:**\nThank you for your positive words, I would be happy to share. I think everyone should be excited for our upcoming roadmap goals and the many collaborations with the projects we’re working with. Like stated above, we’ve recently launched our Initium community testing event. We believe we’ll receive great feedback, since our early access program community testing initiative was very successful. In addition, Q1 of this year has officially kicked off, so expect to see new releases on the horizon. Specifically, the next big release will be the Beta release of our protocol. There are many additional milestones coming soon after, such as liquidity mining/staking features to be added to the mix. In regards to our partnerships, everyone probably noticed that we recently strategically partnered with Mirror Finance to enable decentralized lending and borrowing of synthetic stocks via UniLend. Yes, we’ll be the first protocol to offer this type of functionality. Get ready to lend and borrow the world’s major stocks (including the FAANG tech giant stocks).\n\n**Mirror:**\nYes- we are very excited to work with you guys too! :)\n\n**Vishal Kothari:**\nAgain this is just the beginning, many more collaborations and unique protocol functionalities are yet to be announced.\n\n**Mirror:**\nThis all sounds so exciting, Chandresh and Vishal! I would like to touch upon a very sensitive topic guys - as you are aware people are really scared of rug pulls and security hacks in Defi! Maybe to assuage their concerns, can you explain how can users be sure they are safe while using such a new protocol?\n\n**Chandresh Aharwar:**\nGreat question. I would say we are much more secure than other money market protocols. For instance, current protocols are dependent on other DEXs like Uniswap etc. for liquidations (which is a major concern for adding illiquidity & more volatile assets). Nobody has any sort of control on these DEXs, whereas in the case of UniLend, we are deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Hence, we are not dependent on any other protocol for liquidation & everything is handled within the UniLend ecosystem. The problem we are solving is quite large and it requires a complete ecosystem to be built for catering to such a problem. Progress on this front is going strong. Maximum security is a key priority of UniLend Finance, we are picking up where key DeFi protocols like Uniswap left off and continuing the development of the decentralized finance revolution. Also like our roadmap suggests, during Q1 of 2021, we will have proper audits in place from a variety of the best industry players to make sure our protocol is safe for users.\n\n**Mirror:**\nThat's interesting. In-built liquidation engine for security! You brought up the roadmap and it got me thinking about the future of your protocol again. What else do users have to look forward to further down the road in 2021?\n\n**Vishal Kothari:**\nThough our Alpha was a monumental event in our journey, there is so much more in store for 2021. Above we stated that Q1 has many exciting roadmap milestones on the horizon, including our Mainnet release coming in Q1. Additionally, Fusion Farming should also go live during the first quarter. This is an innovative feature which will allow UniLend liquidity providers to attain two different tokens at once by providing liquidity. Again, this is just the first quarter of 2021. In the future, UniLend will implement community governance, the UniLend Ecosystem Fund, launch onto multiple chains, layer 2 implementation for a superior user experience, and even metatransactions. We’ll also bootstrap new projects in the UniLend ecosystem with full DeFi functionality right from their token launch. Empowering brand new tokens with comprehensive DeFi functionality is a concept completely new to the crypto space, and something which is extremely valuable to new tokens looking to establish a user base and solid use cases for their token.\n\n**Chandresh Aharwar:**\nThat's one of the major USP's for us.\n\n**Vishal Kothari:**\nTherefore, we anticipate that listing on UniLend (in addition to traditional platforms such as Uniswap) will be standard procedure for new token launches. In fact, we recently launched a poll on Twitter regarding this, and the crypto community echoed our sentiment strongly.\n\n**Mirror:**\nLove the fact that you guys are so focussed on user experience. Using Layer-2 and meta-transactions are crucial for enhancing user experience!!\n\n**Vishal Kothari:**\nYou can see the full roadmap outlining our plans up until Q3 of 2021 here: https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd. These are all things that we can confidently say we can fulfil based on the dates shown via our roadmap, though there are many other items we are also working on/researching in the background.\n\n**Mirror:**\nOk, great answers so far. So you stated that you’re picking up from where Uniswap left off? I heard your team has great comparison articles in regards to this (if I recollect correctly), could you expand on this topic and let us know where we can find some of these articles?\n\n**Vishal Kothari:**\nYes, to clarify, we have the utmost respect for Uniswap and the other leading protocols for being trailblazers in the DeFi space. That said, we believe that our comprehensive DeFi functionality and permissionless listing model will facilitate the evolution of DeFi and bring the next wave of users into the DeFi space.\n\n**Chandresh Aharwar:**\nPlease see our list of articles here for detailed comparisons with other protocols:\nCompound: https://unilend.medium.com/defi-dissected-a-simple-comparison-of-unilend-and-compound-2e00235bab92\nBalancer: https://unilend.medium.com/defi-dissected-a-simple-comparison-of-unilend-and-balancer-4411fc766697\nMaker: https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-maker-3d33c7332982\nUniswap: https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\nAave: https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\nbZx: https://unilend.medium.com/defi-dissected-comparing-unilend-and-bzx-two-decentralized-lending-innovators-8933213d7de0\nC.R.E.A.M: https://unilend.medium.com/defi-dissected-comparing-unilend-and-c-r-e-a-m-two-game-changing-protocols-2a0c8f55e7c8\n\n**Vishal Kothari:**\nOur community has requested further clarification on UniLend’s strengths as a DeFi protocol, which is why we launched our DeFi Dissected article series. The goal with the series is to show the cryptosphere why we will be a major contender, with more to offer than our competitors. UniLend is a unique protocol, built from the ground up, that is capable of truly revolutionizing DeFi. I would encourage everyone to follow us on our UniLend Medium (https://unilend.medium.com/) to stay up to date on our collaborations and to take a look at the DeFi Dissected article series for themselves. Two of the most recent articles within this series were for comparing UniLend with Aave and Uniswap, above are the links to get you started.\n\n**Mirror:**\nThat's much more comprehensive than I could have imagined. Glad I asked this question. These articles would be really useful for our community to understand Unilend better!!\n\n**Chandresh Aharwar:**\nDefinately. We plan on keep sharing such content regularly\n\n**Mirror:**\nOk- so this is my last question, before we open the channel for the questions from the community! Here you go- saving the best for the last. Let’s discuss our strategic partnership with your team, to integrate mAssets into the UniLend platform. Could you tell us more about the user scenarios after integrating mAssets are integrated into UniLend?\n\n**Chandresh Aharwar:**\nFirst of all, I want to say that this news really got the community excited. We’ve received an immense amount of engagement regarding this topic in our community Telegram and other social platforms. We believe that Mirror Finance’s fungible synthetic mAssets, that track the price of real-world assets, will ultimately bring the world’s existing assets to the blockchain. Imagine the major global stock market assets entering into DeFi. Users will no longer be required to go through a centralized entity to have exposure to the 90 trillion dollars locked within the world’s stock exchanges. Users will be able to lend/borrow stocks of major companies like Amazon, Tesla and Google (FAANG stocks) using Mirror Protocol’s mAssets on UniLend. This type of exchange for stock pegged digital assets in a fungible market environment will allow for new DeFi strategies. You could potentially collateralize mAsset stocks to get a stablecoin backed loan to participate in other DeFi capabilities and then later exit back to mAssets to grow your position in your favorite stock. This is only one of the various strategies which will be enabled through this collaboration.\n\n**Vishal Kothari:**\nAahhhh! Faang stocks on UniLend! 🙂\n\n**Chandresh Aharwar:**\nOf course this all ties into our other strategic partnerships which will potentially open new doors into cross-chain activities, robo-advisory and yield farming. We haven’t even discussed how this may impact the derivative markets, UniLend DeFi is truly finance on steroids! Furthermore, we’ll be the first platform to unlock these types of DeFi functionalities in unison with Mirror Protocol. We encourage everyone to join the revolution now, to be on the bleeding edge of the future of decentralized finance.\n\n**Mirror:**\nJust thinking about the possibilities makes me excited! Marriage of stocks and blockchain is a match made in heaven! Glad to know that Mirror and Unilend are bringing it all together  \n\n# Segment 2: Live Questions \n**Q1. Unilend allow to any ERC-20 have access to many useful services, but apart of them Unilend also can provide the same services to other types of tokens? Like Tron or BSC? If not, maybe in the future?**\n\n**Chandresh Aharwar:**\nI would like to highlight this again that UniLend structure is designed considering all such scenarios & we are totally immune. Also, we are still waiting for further details on this scenario & will keep our community updated. Personally, I think Indian Blockchain Ecosystem has grown immensely in last few years & we have strong group of people representing ourselves\n\n**Q2. Many New users find it complex to use new platform, How will You try to provide Smooth & Less Complex User Interface?**\n\n**Vishal Kothari:**\nWe are trying to keep the UI as simple as users are already comfortable as they are using in most used DeFi protocols such as Uniswap. So no hassle of the learning more about the protocol UI. You can check out our current UI, which is going under changes & will be shared with our beta launch https://app.unilend.finance.\n\n**Q3. Anybody will be able to list any ERC20 token without any entity controlling the listing process, making UniLend’s features accessible to every token. That neans that scam tokens can be listrd without any restriction? How can users feel secure while trading any asseton UniLend?**\n\n**Vishal Kothari:**\nThis is the full DeFi experience where people can list any ERC20 Tokens for sure but for safer side users need to understand the thing that our protocol will ask full liquidity from both sides in pool from the listing entity so that wouldn't be so easy to list a token as well as provide liquidity in Ethereum / UFT token for pairing up in DEX and also needed that liquidity will be used for Lending on the platform.**\n\n**Q4. What makes UNILEND different from existing cryptocurrency money markets such as Compound/AAVE?**\n\n**Chandresh Aharwar:**\nExisting protocol supports limited assets currently. Out of 6k+ erc20 tokens, less than 50 are supported by current protocols. We plan to support all ERC20 assets for lending/borrowing just like uniswap does for asset swap. Also, if you crunch the numbers more than 50% of the market cap is still untapped & 80% of the community is still untapped for lensing/borrowing. All this will become possible with UniLend.\n\n**Q5. What are the major milestone for UNILEND FINANCE in this year? Can you share with us the short-term goals and long-term goals of UNILEND FINANCE?**\n\n**Vishal Kothari:**\nYou can checkout our detailed roadmap:https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\n\n**Q6. We are in DeFi mania currently and even NASDAQ mentioned that UniLend, a lending protocol, raised $3.1 million. How will this amount be utilized and when can we expect your public token distribution event and platform launch?**\n\n**Vishal Kothari:**\nToken Distribution of Public sale already completed and our Alpha version of the protocol you can find at https://app.unilend.finance\n\n**Q7. I’m a developer, and I’m interested in contributing to your project alongsides earning, Do you have any Bug Bounty to check for vulnerabilities?** \n\n**Chandresh Aharwar:**\nWe will soon be coming up with bug bounty program after our beta goes live this month 🙂 Please keep an eye on our announcement channel -https://t.me/UniLendAnnouncement\n\n**Q8. Do the token holders have right to participate in the governance of the project? On what kind of decisions can they vote on about the project?**\n\n**Vishal Kothari:**\nYes, The token holders will have right to participate in the protocol's governance, they can vote on important decisions like collateralization ratios, interest rate models etc.\n\n**Q9. What strategy will you implement to bring non-crypto-natives into your ecosystem? How do you keep a balance between developing the technology and also improving the value of your token?**\n\n**Chandresh Aharwar:**\nWe have some interesting collaborations coming up soon, which will highlight more on how we are working closely with some partners to bring the capabilities of UniLend to non-crypto audience. This is going to be a great addition to UniLend ecosystem.\n\n**Q10. What is the structure of this project , is it decentralised or a open sourced protocol where everybody can contribute? If so, how does the governance plan on being handled?**\n\n**Vishal Kothari:**\nThis is a decentralized and Open Source project and its codes are live in github as well you can checkout here: https://github.com/UniLend.\n\n**Q11. I wanted to follow your project for the long term. Where i can get all the latest news about your project? Do you have Twitter/Telegram/Discord community? If yes can you share the link here because there is a lot of fake telegram/twitter groups?From your website , we can submit problem, suggestion, idea or bug report and get reward, where we can submit that?any ambassador or referal program.**\n\n**Chandresh Aharwar:**\nTelegram (https://t.me/UniLendFinance)\nAnnouncements channel (https://t.me/UniLendAnnouncement)\nTwitter (https://twitter.com/unilend_finance)\nReddit (https://www.reddit.com/r/UniLend/)\nMedium (https://unilend.medium.com/)\nPlease free to ask any of your doubts in future in this communities.\n\n**Q12. From where you get the project name? What does it means to you? And why you choose this name for your project?**\n\n**Vishal Kothari:**\nThe basic inspiration behind the name UniLend is - Universal Lending and Borrowing, which will be the crux of our platform so the name is combination Universal and Lending.\n\n**Mirror:**\nI guess- we should wrap up now guys! You have already taken more than anyone can handle.\n\n**Chandresh Aharwar:**\nSure Ayush. It was a great expereince. Mirror community is amazing.\n\n**Mirror:**\nChandreshAharwar  and VishalBlockchain: Thank you so much guys for patiently answering so many questions. This AMA was really amazing! I personally learnt so much and I am sure our community did too.\n\n**Vishal Kothari:**\nYes feeling great to be part of the Mirror community. Thank you for inviting.\n\n**Chandresh Aharwar:**\nLooking forward to the Mirror integration also soon. Future looks bright.\n\n*Mirror:**\nLikewise- looking forward. Thank you Chandresh! It was a pleasure to have you",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\",\"ama\"],\"image\":[\"https://cdn.steemitimages.com/DQmdS5MyHc1MAgGm9kvdQ9GTeSepjEZWjqybTCqTe72eTTQ/uft-mrr.png\"],\"links\":[\"https://t.me/mirror_protocol\",\"https://app.unilend.finance\",\"https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\",\"https://unilend.medium.com/defi-dissected-a-simple-comparison-of-unilend-and-compound-2e00235bab92\",\"https://unilend.medium.com/defi-dissected-a-simple-comparison-of-unilend-and-balancer-4411fc766697\",\"https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-maker-3d33c7332982\",\"https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\",\"https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\",\"https://unilend.medium.com/defi-dissected-comparing-unilend-and-bzx-two-decentralized-lending-innovators-8933213d7de0\",\"https://unilend.medium.com/defi-dissected-comparing-unilend-and-c-r-e-a-m-two-game-changing-protocols-2a0c8f55e7c8\",\"https://unilend.medium.com/\",\"https://t.me/UniLendAnnouncement\",\"https://github.com/UniLend\",\"https://t.me/UniLendFinance\",\"https://twitter.com/unilend_finance\",\"https://www.reddit.com/r/UniLend/\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "9900982eacfaaf5b747522de603ef26fdacca914",
  "block": 51127364,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-11T18:15:48",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "netuno",
      "permlink": "unilend-ama-recap-in-gainschat-channel",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "9c11b1b7f0c27638209e2e5987ff4657e5285fb2",
  "block": 51127363,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-11T18:15:45",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "netuno",
      "permlink": "unilend-and-stafi-ama-recap",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "6f17d838e83a29da227a7d56a0d59de4eb6a4bbe",
  "block": 51127088,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-11T18:01:54",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "netuno"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"netuno\",\"following\":\"merlin7\",\"what\":[\"blog\"]}]"
    }
  ]
}

{
  "trx_id": "ae8b95294a8a32190e46ca2ab178f9cc6afaa4bd",
  "block": 50884366,
  "trx_in_block": 41,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-03T05:22:33",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "unilend-and-stafi-ama-recap",
      "title": "UniLend & Stafi AMA Recap",
      "body": "![unilend-stafi-ama.png](https://cdn.steemitimages.com/DQmXUwL1B82YgUgjV8ht9Dq5qiAyxUWhSSX11QwiEEo3EpE/unilend-stafi-ama.png)\n\nHi Folks!\n\nUniLend Finance announced a partnership with Stafi Protocol and they have an AMA session on January 8 to discuss this collaboration among other UniLend's initiatives and features. The AMA session was held on the Stafi TG channel (https://t.me/stafi_protocol) and Chardresh Aharwar, UniLend's founder and CEO, Vishal Kothari, UniLend's community lead and Ayush Garg, UniLend's marketing ops lead, participated in this session. Here is the recap of this event.\n\n# Segment 1: Introduction and basic questions\n**Stafi:**\nLet me introduce myself, I am Sara, from StaFi core team. I am very honored to have this opportunity to talk with @ChandreshAharwar, the CEO of UniLend, and @VishalBlockchain, the community lead of UniLend , about the exciting synergyies between UniLend and StaFi.\n\n**Chandresh Aharwar:**\nThanks Sara for Inviting us. Feels great to be a part of this community today. Great to see the awesome progress stafi is making continuosly\n\n**Vishal Kothari:**\nThanks Sara, Feeling great to be with you at StaFi Community.\n\n**Stafi:**\nQ1. Can you please give us a brief overview of UniLend?\n\n**Chandresh Aharwar:**\nSure! Before we get started I would like to give a shout out to my team for their relentless work, recently we launched UniLend Initium V1, the Alpha release of our protocol. We worked straight through the holiday season to make sure that we executed on our roadmap! https://app.unilend.finance/In simple Terms, you can imagine UniLend = Aave + Uniswap. UniLend is a comprehensive DeFi protocol with the mission to unlock the true potential of decentralized finance. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $40B+ of assets which are currently excluded from DeFi. UniLend is like a combination of Uniswap, Compound and Aave. This is one way to think of our protocol. In addition to an intuitive UI, UniLend will also have a robust governance model powered by UFT (UniLend Fiance Token), and this is just the beginning.\n\n**Stafi:**\nQ2. It’s great to hear that your team is so focused and congratulations on the launch of your protocol’s Alpha release. How about we expound on what you stated, that this is just the beginning. Maybe we can share a little about our partnership’s future and your goals coming up?\n\n**Vishal Kothari:**\nThank you for your positive words, I would be happy to share. I think everyone should be excited for our upcoming roadmap goals and the partnership between UniLend and StaFi. Like stated above, we’ve recently launched Initium, the Alpha release of our protocol. It was very successful, we already have our early access program community members testing the protocol and we’ve received a lot of great feedback. Soon we’ll add further features to the Alpha and add more testers in phases. In addition, Q1 of this year has officially kicked off, so we also have new releases on the horizon. Specifically, the next big release will be the Beta release of our protocol. There are many additional milestones coming up very soon, such as liquidity mining/staking features to be added to the mix. In regards to our partnership, it seems that you guys have made really great headway into the development of your ERC20 bridge. Great to see! We can’t wait to see how that shapes up, mainly because it’ll enable us to synergistically collaborate. StaFi will then be able to convert the substrate version of their rToken to an ERC20 rToken version, which will ultimately enable FIS and rTokens to launch on our protocol. It’s so exciting to think that a whole new slew of token functionality will be enabled via StaFi and soon DeFi capabilities for these derivatives will be empowered by our protocol. These are exciting times. We’re excited to unlock the full DeFi potential of staked assets together! I’m sure many of your community members are already aware of the details of our collaboration, but for those who aren’t, there’s a useful article here for those who want to learn more: https://t.me/UniLendAnnouncement  \n\n\n![uft-saf-ama.png](https://cdn.steemitimages.com/DQmUMUf2xaAAQVAemhgYP8y8EHCsfYDBJX5dnYE3zchSV26/uft-saf-ama.png)\n\n\nAgain this is just the beginning, many more collaborations and unique protocol functionality are yet to be announced.\n\n**Stafi:**\nQ3. This all sounds so exciting! One question about security - how can users be sure they are safe while using such a new protocol?\n\n**Vishal Kothari:**\nGreat question. I would say we are much more secure than other money market protocols. For instance, current protocols are dependent on other DEXs like Uniswap etc. for liquidations (which is a major concern for adding illiquidity & more volatile assets). Nobody has any sort of control on these DEXs, whereas in the case of UniLend, we are deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Hence, we are not dependent on any other protocol for liquidation & everything is handled within the UniLend ecosystem. The problem we are solving is quite large and it requires a complete ecosystem to be built for catering to such a problem. Progress on this front is going strong. Maximum security is a key priority of UniLend Finance, we are picking up where key DeFi protocols like Uniswap left off and continuing the development of the decentralized finance revolution. Also like our roadmap suggests, during Q1 of 2021, we will have proper audits in place from a variety of the best industry players to make sure our protocol is safe for the users.\n\n**Stafi:**\nGreat. Next question. Q4. You brought up the roadmap and it got me thinking about the future of your protocol again. What else do users have to look forward to further down the road in 2021?\n\n**Vishal Kothari:**\nThough our Alpha was a monumental event in our journey, there is so much more in store for 2021. Above we stated that Q1 has many exciting roadmap milestones on the horizon, including our Mainnet release coming in Q1. Additionally, Fusion Farming should also go live during the first quarter. This is an innovative feature which will allow UniLend liquidity providers to attain two different tokens at once by providing liquidity. Again, this is just the first quarter of 2021. In the future, UniLend will implement community governance, the UniLend Ecosystem Fund, launch onto multiple chains, layer 2 implementation for a superior user experience, and even metatransactions. We’ll also bootstrap new projects in the UniLend ecosystem with full DeFi functionality right from their token launch. Empowering brand new tokens with comprehensive DeFi functionality is a concept completely new to the crypto space, and something which is extremely valuable to new tokens looking to establish a user base and solid use cases for their token. Therefore, we anticipate that listing on UniLend (in addition to traditional platforms such as Uniswap) will be standard procedure for new token launches. In fact, we recently launched a poll on Twitter regarding this, and the crypto community echoed our sentiment strongly. You can see the full roadmap outlining our plans up until Q3 of 2021 here: https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\n\n![UFT-roadmap.png](https://cdn.steemitimages.com/DQmUBNJ1aEnc16837URU3NBPXQ3uWZKgsSs2SQfwhZ3hZph/UFT-roadmap.png)\n\nThese are all things that we can confidently say we can fulfil based on the dates shown via our roadmap, though there are many other items we are also working on/researching in the background.\n\n**Stafi:**\nQ5. Ok, great answers so far. Above you stated you’re picking up from where Uniswap left off? I heard your team has great comparison articles in regards to this, could you expand on this topic and let us know where we can find these articles?\n\n**Vishal Kothari:**\nYes, to clarify, we have the utmost respect for Uniswap and the other leading protocols for being trailblazers in the DeFi space. That said, we believe that our comprehensive DeFi functionality and permissionless listing model will facilitate the evolution of DeFi and bring the next wave of users into the DeFi space. Our community has requested further clarification on UniLend’s strengths as a DeFi protocol, which is why we launched our DeFi Dissected article series. The goal with the series is to show the cryptosphere why we will be a major contender, with more to offer than our competitors. UniLend is a unique protocol, built from the ground up, that is capable of truly revolutionizing DeFi. I would encourage everyone to follow us on our UniLend Medium (https://unilend.medium.com/) to stay up to date on our collaborations and to take a look at the DeFi Dissected article series for themselves. Two of the most recent articles within this series were for comparing UniLend with Aave and Uniswap, here are the links to get you started: Comparison with Uniswap : https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\n\n![uft-uni.png](https://cdn.steemitimages.com/DQmYcsHyxqwLQoGhdAqiT98LYgWp7VTtuFtYbYdqeUMsqRR/uft-uni.png)\n\nComparison with Aave : https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\n\n![uft-aave.png](https://cdn.steemitimages.com/DQmf4P2T7YRF2eo7mbQifGkgNCo36Ba6zr3Mu1rhowNt9SJ/uft-aave.png)\n\nWe also have another release in the DeFi Dissected series coming soon, so be on the lookout for that as well.\n\n**Stafi:**\nLast one. Q6. StaFi has reached cooperation with UniLend to integrate rToken into the UniLend platform. So Could you tell us more about the user scenarios of integration rToken in UniLend? When more and more rTokens will be listed on UniLend, are there any related plans?\n\n**Vishal Kothari:**\nThis is the most anticipated question, yes, people will be able to bring the aforementioned rTokens onto the UniLend Ecosystem and take advantage of the many DeFi capabilities of our platform. Users who bring their rTokens onto UniLend will be able to use them to trade for other tokens, or add liquidity to our liquidity pools as well. If someone adds liquidity to rToken liquidity pools on UniLend, they will get double benefits by receiving staking rewards whilst collecting the 0.3% automated market maker (AMM) fees for being liquidity providers. Additionally, UniLend also features borrowing and lending. This means that people can bring their rTokens onto UniLend and use them as collateral to borrow assets. Alternatively, holders can also lend their rTokens out to others on UniLend and collect on interest rates. As soon as our product is live, rTokens will be listed on UniLend. If anyone wants to see how it will look, \nwe are going to start listing test tokens on Initium (Alpha). Link : https://app.unilend.finance\n![uft-alpha.png](https://cdn.steemitimages.com/DQmbegzgGgwDRom78HjBJQpThnrFtU5iqypLzKoX9BpKGfj/uft-alpha.png)\n\n\n**Ayush Garg:**\nThe community is super lit. We would like everyone who find UniLend interesting and want to stay updated to join our announcement channel.: https://t.me/UniLendAnnouncement  \n\n# Segment 2: Live Questions \n**Q1. Can you explain in more detail how Unilend’s Launchpad will work? Thank you.**\n\n**Chandresh Aharwar:**\nGreat Question. Even though, we haven't shared much details about this, but I will give you high level idea. With Launchpad, users will be able to participate in the projects launching on our platform without any friction. Everyone will get equal opportunity & $UFT holders will be at advantage in the complete scenario of project sale. Projects launching on our lauchpad, will be open for lending/borrowing immediately & will enjoy yield farming of $UFT & project launching with decent apr. Their are so many more things happening in this area, which I will save for later announcement :sunglasses: \n\n**Q2. Which one of these aspects important for you?**\nA-Increasing Token Price&Value\nB-Empowering Platform Development\nC-Building Community Trust\nD-Expanding Partnership Globally\n\n**Vishal Kothari:**\nAll aspects mentioned by you are on a higher priority by us. We have launched our project keeping a long-term scenario in mind. So yes everything will be streamlined on a time-frame taking all communities together with us and expanding the UniLend Ecosystem. This will go definitely in parallel with our platform which is continuously evolving. These will lead us to have a great price discovery for sure.\n\n**Stafi:**\nGreat! Thanks for @ChandreshAharwar, @VishalBlockchain, @ayushgrg to be with us in this AMA tonight. And we're really appreciated for the participant to join us AMA tonight with UniLend, thanks to Chandresh, Vishal, Ayush.\n\n**Ayush Garg:**\nWe have seen some great questions here and want to answer each one of you in great detail. But due time constraint we need to stop here. No worries, you are welcomed to join our community and ask us more about the project, we would love to hear from you.\nhttps://t.me/UniLendFinance. It was a great AMA! Loved the energy and depth of knowledge of the community! \n\n**Vishal Kothari:**\nThanks for bringing us to your great community Sara!",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\"],\"users\":[\"chandreshaharwar\",\"vishalblockchain\",\"ayushgrg\"],\"image\":[\"https://cdn.steemitimages.com/DQmXUwL1B82YgUgjV8ht9Dq5qiAyxUWhSSX11QwiEEo3EpE/unilend-stafi-ama.png\",\"https://cdn.steemitimages.com/DQmUMUf2xaAAQVAemhgYP8y8EHCsfYDBJX5dnYE3zchSV26/uft-saf-ama.png\",\"https://cdn.steemitimages.com/DQmUBNJ1aEnc16837URU3NBPXQ3uWZKgsSs2SQfwhZ3hZph/UFT-roadmap.png\",\"https://cdn.steemitimages.com/DQmYcsHyxqwLQoGhdAqiT98LYgWp7VTtuFtYbYdqeUMsqRR/uft-uni.png\",\"https://cdn.steemitimages.com/DQmf4P2T7YRF2eo7mbQifGkgNCo36Ba6zr3Mu1rhowNt9SJ/uft-aave.png\",\"https://cdn.steemitimages.com/DQmbegzgGgwDRom78HjBJQpThnrFtU5iqypLzKoX9BpKGfj/uft-alpha.png\"],\"links\":[\"https://t.me/stafi_protocol\",\"https://app.unilend.finance/In\",\"https://t.me/UniLendAnnouncement\",\"https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\",\"https://unilend.medium.com/\",\"https://unilend.medium.com/defi-dissected-unilend-finance-taking-the-uniswap-defi-revolution-to-the-next-level-b576ce915350\",\"https://unilend.medium.com/defi-dissected-a-brief-comparison-of-unilend-and-aave-2e7726c1e7ee\",\"https://app.unilend.finance\",\"https://t.me/UniLendFinance\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "abda10f1feb342968778ceaf391186d8bcd2a5b8",
  "block": 50884204,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-03T05:14:18",
  "op": [
    "vote",
    {
      "voter": "grunt",
      "author": "netuno",
      "permlink": "unilend-ama-recap-in-gainschat-channel",
      "weight": 5000
    }
  ]
}

{
  "trx_id": "8200419d13e39b98c78cafa5c3cd827958cc6aba",
  "block": 50884194,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-03T05:13:48",
  "op": [
    "vote",
    {
      "voter": "gruntomega",
      "author": "netuno",
      "permlink": "unilend-ama-recap-in-gainschat-channel",
      "weight": 5000
    }
  ]
}

{
  "trx_id": "d433b96794d39eb03942bdcb63b8d89d3edf0da4",
  "block": 50884127,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-03T05:10:27",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "unilend-ama-recap-in-gainschat-channel",
      "title": "UniLend AMA Recap in GainsChat channel",
      "body": "@@ -1,8 +1,121 @@\n+!%5Buft-upside.png%5D(https://cdn.steemitimages.com/DQmcGd7Xdk5AAiRxrjYXvQ7py5LhuvsHcSS2P8evm22BynG/uft-upside.png)%0A%0A\n Hi Folks\n",
      "json_metadata": "{\"tags\":[\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\"],\"image\":[\"https://cdn.steemitimages.com/DQmcGd7Xdk5AAiRxrjYXvQ7py5LhuvsHcSS2P8evm22BynG/uft-upside.png\",\"https://cdn.steemitimages.com/DQmUBNJ1aEnc16837URU3NBPXQ3uWZKgsSs2SQfwhZ3hZph/UFT-roadmap.png\"],\"links\":[\"https://t.me/GainsChat\",\"https://unilend.finance/\",\"https://metatransact.com/\",\"https://t.me/UniLendAnnouncement/78\",\"https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\",\"https://t.me/UniLendAnnouncement/150\",\"https://app.unilend.finance/\",\"https://t.me/UniLendAnnouncement\",\"https://t.me/UniLendFinance\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "3baab9a36074cbd466ef146a523300a7cfd4b965",
  "block": 50884110,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-03T05:09:36",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "unilend-ama-recap-in-gainschat-channel",
      "title": "UniLend AMA Recap in GainsChat channel",
      "body": "Hi Folks!\n\nUniLend Finance had an AMA session on January 27th on the GainsChat TG channel (https://t.me/GainsChat) and Chardresh Aharwar, UniLend's founder and CEO and Ayush Garg, UniLend's marketing & ops lead, participated in this session. Here is the recap of this event.\n\n# Segment 1: Introduction and basic questions\n**GainsChat:**\nChandresh, Ayush, Welcome to the GAINS community. We are really happy to have you with us today and really excited to learn about UniLend. Let's start by hearing a bit about you both.\n\n**Chandresh Aharwar:**\nReally glad to be here. Thanks Gains team for Inviting us.\n\n**GainsChat:**\nWhat did you do before crypto and did you have any other previous venture in crypto? What is your role at UniLend?\n\n**Ayush Garg:**\nI am from Computer Science background with experience working at companies like Uber and Box8 (Indian startup with 700cr valuation)\nHave been part of Crypto space since early 2017. I have also with Startup Oasis - Initiated by IIM Ahmedabad and Rajasthan Gov. I have been part of UniLend's team since launch and now leading front in Marketing and Operations.\n\n**Chandresh Aharwar:**\nMany of you probably already know I have been actively contributing to the blockchain space since late 2016, including holding the lead Marketing & Strategy position at Matic Network for around 1 year & actively contributing to the ethereum ecosystem frompast 3-4 years. Last year, around august we started working on UniLend.\n\n**GainsChat:**\nThat's some rich background you guys have. UniLend must be really lucky to have you. Let's talk some more about it then. Can you please give us a brief overview of UniLend?How many people are on the team and for how long has the team been working on the project?\n\n**Chandresh Aharwar:**\nPlease feel free to go through more details at https://unilend.finance/. UniLend is a comprehensive DeFi protocol with the mission to unlock the true potential of decentralized finance. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $30B+ of assets which are currently excluded from DeFi. I have heard people say UniLend is like a combination of Uniswap, Compound and Aave. This is one way to think of our protocol.  We have been working on UniLend from early 2020 & came out to community in august. Other 2 co-founders were previously working on https://metatransact.com/ Currenty our team is more than 15 members working remotely.\n\n**Ayush Garg:**\nUniLend is picking up the Defi revolution from where Uniswap took it. Our mission is to build a Universal platform for Lending and Borrowing.\n\n**GainsChat:**\nCan you talk some more about that. I'm particularly interested in the fact that UniLend is like a combination of Uniswap, Compound and Aave. Additionally, there are a lot of DeFi products out there, what sets UniLend apart from the rest of the products on the market.\n\n**Chandresh Aharwar:**\nSo, if you take examples of aave & Compound, they are dependant on other dexes for liquidation like uniswap etc.. one of the major reasons they are not able to allow more ERC20 assets in their ecosystem as many are highly illiquid or volatile. UniLend is coming up with an approach, where Trading & Money markets are integrated with each other. So, we are not dependant on other DEXes for liquidation & hence will be able to allow all assets on our platform. UniLend is targeting the huge market of 6K + tokens which are not supported by any money market currently.\n\n**Ayush Garg:**\nThat's true that there are many DeFi products out there, its very exciting to see so much energy in the ecosystem. A lot of very good projects are still left out of the real proposition. Major protocols are still not allowing more than 30 tokens.\n\n**GainsChat:**\n That's really cool. Congratulations on the launch of your protocol’s Alpha release! How about we delve deeper into that, and maybe you can share a little about some recent partnerships and news you've released?\n\n**Ayush Garg:**\nThank you for your positive words, I would be happy to share. I think everyone should be excited for our upcoming roadmap goals and the many collaborations with the projects we’re working with. Like stated above, we’ve recently launched our Initium community testing event. We believe we’ll receive great feedback, since our early access program community testing initiative was very successful. In addition, Q1 of this year has officially kicked off, so expect to see new releases on the horizon. Specifically, the next big release will be the Beta release of our protocol. There are many additional milestones coming soon after, such as liquidity mining/staking features to be added to the mix. In regards to our partnerships, everyone probably noticed that we recently strategically partnered with Mirror Finance to enable decentralized lending and borrowing of synthetic stocks via UniLend. Yes, we’ll be the first protocol to offer this type of functionality. Get ready to lend and borrow the world’s major stocks (including the FAANG tech giant stocks). Also, we’ve recently entered into another cutting edge partnership with Nord Finance, who’ll be integrating UniLend Finance into the Nord Advisory portion of their tech stack. This will enable new DeFi investing strategies for the DeFi community. Nord Finance’s community will be introduced to the innovative features of our protocol, thus helping to further enhance our future growth as well. All this is just the beginning, many more collaborations and unique protocol functionalities are yet to be announced. \n\n**GainsChat:**\nThis all sounds exciting! Security-wise, how can users be sure they are safe while using such a new protocol?\n\n**Ayush Garg:**\nGreat question ! I would say we are much more secure than other money market protocols. For instance, current protocols are dependent on other DEXs like Uniswap etc. for liquidations (which is a major concern for adding illiquidity & more volatile assets). Nobody has any sort of control on these DEXs, whereas in the case of UniLend, we are deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Hence, we are not dependent on any other protocol for liquidation & everything is handled within the UniLend ecosystem. The problem we are solving is quite large and it requires a complete ecosystem to be built for catering to such a problem. Progress on this front is going strong.  Also like our roadmap suggests, during Q1 of 2021, we will have proper audits in place from a variety of the best industry players to make sure our protocol is safe for users. https://t.me/UniLendAnnouncement/78\n\n**GainsChat:**\nTalking about your roadmap, what stage is the project at? How far along are you and what should we expect in the coming months?\n\n**Chandresh Aharwar:**\nThough our Alpha was a monumental event in our journey, there is so much more in store for 2021. Above we stated that Q1 has many exciting roadmap milestones on the horizon, including our Mainnet release coming in Q1. Additionally, Fusion Farming should also go live during the first quarter. This is an innovative feature which will allow UniLend liquidity providers to attain two different tokens at once by providing liquidity. Again, this is just the first quarter of 2021. In the future, UniLend will implement community governance, the UniLend Ecosystem Fund, launch onto multiple chains, layer 2 implementation for a superior user experience, and even metatransactions. We’ll also bootstrap new projects in the UniLend ecosystem with full DeFi functionality right from their token launch. Empowering brand new tokens with comprehensive DeFi functionality is a concept completely new to the crypto space, and something which is extremely valuable to new tokens looking to establish a user base and solid use cases for their token. Therefore, we anticipate that listing on UniLend (in addition to traditional platforms such as Uniswap) will be standard procedure for new token launches. In fact, we recently launched a poll on Twitter regarding this, and the crypto community echoed our sentiment strongly. You can see the full roadmap outlining our plans up until Q3 of 2021 here: https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd  \n\n![UFT-roadmap.png](https://cdn.steemitimages.com/DQmUBNJ1aEnc16837URU3NBPXQ3uWZKgsSs2SQfwhZ3hZph/UFT-roadmap.png)\n\n\nThese are all things that we can confidently say we can fulfil based on the dates shown via our roadmap, though there are many other items we are also working on/researching in the background.\n\n**Ayush Garg:**\nIn case anyone to test out Alpha, please check this link. https://t.me/UniLendAnnouncement/150\n\n**GainsChat:**\nThat sounds great. Did you raise funds so far? If so, how did you handle them? And are you planning to do any future raises?\n\n**Chandresh Aharwar:**\nYeah, we have raised $3.1Mn in Aug 2020 from well known investors in the space. Funds we have raised are majorly being used for operation activities & marketing. We are progressing as per our plan on this 🙂 We are not planning for any future raises atm & totally focused on delivering what we promised to our community.\n\n**GainsChat:**\nFinal question before we move on to the Twitter questions, What role will the $UFT token play in your ecosystem?\n\n**Ayush Garg:**\n$UFT is a governance token for the UniLend Finance platform when our permission less listing will be live. But apart it will be used in meta transactions for paying fee and using UFT the fees will be reduced to 40-50%. Also many tokens are coming like Polka cash where UFT holder will added benefits of staking and earning rewards. In Future we will come up with UniLend Launch Pad where projects can build on our platform, so $UFT will be used in development there.\n\n# Segment 2: Twitter Questions \n\n**Q1. The risks related to lending platform is the smart contract risk. Has your smart contract been audited by any blockchain system ? How does UniLend apply for a witness node or deploy/manage a smart contract ? Why should we feel safe when lending assets from UniLend ?**\n\n**Ayush Garg:**\nThis is a very pressing question for many projects. To begin with, we are build on Ethereum and with this comes the security of Ethereum Block chain. I would say we are much more secure than other money market protocols. For instance, current protocols are dependent on other DEXs like Uniswap etc. for liquidations (which is a major concern for adding illiquidity & more volatile assets). Nobody has any sort of control on these DEXs, whereas in the case of UniLend, we are deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Hence, we are not dependent on any other protocol for liquidation & everything is handled within the UniLend ecosystem.\n\n**Q2. Many defi projects try to offer Lend - borrow features but most of them haven't fully implemented this feature on their platform even when their project has been launched? Is this feature fully usable by the user on the Unilend Finance platform now?**\n\n**Chandresh Aharwar:**\nYeah. That's what the major difference is with us. We already have our alpha live & the complete code on github open sourced, for anyone to verify. We are planning for a guarded launch initially & already onboarding our close partners for early access but ultimately our platform will be permission-less working through governance https://app.unilend.finance/  \n\n**Q3. UniLend is going to have Permissionless listing where Any ERC20 token will be able to list without any entity controlling the listing process. How does UniLend protect users against scam project or rug pulls since anyone can list anything?  **\n\n**Chandresh Aharwar:**\nYeah. Just imagine UniLend like uniswap with added functionality of lending & borrowing. Similar way, permission-less listing works on Uniswap, it wil work on UniLend too. We will have some scam tokens also getting listed, but again the corresponding base token liquidity will also have to be provided by ILP. It will be smooth expereince like uniswap only, where you get a list to choose tokens you want to interact with.\n\n# Segment 3: Quiz\n\n**Q1. In what Quarter UniLend Mainnet Launch projected to happen?**\n- Q2 2021\n- Q1 2021\n- Q4 2021\n- It is already launched\n\n**Answer: Q1 2021**\n\n**Q2. Which of the following tokens are going to be listed on UniLend for Lending and Borrowing**\n- Synthetics off major stocks of FAANG(Facebook, Amazon, Google, Netflix) and Tesla\n- Synthetic tokens of Gold and Silver\n- All ERC20 Tokens\n- All of the above\n\n**Answer: All of the above**\n\n**Q3. Which DeFi capabilities are live in the Initium v1 (Alpha)?**\n- Permissionless listing of any ERC20 asset\n- Lending & borrowing using UFT tokens\n- Governance\n- Spot Trading\n- Tokenization of assets\n- All of the Above\n\n**Answer: Lending & borrowing using UFT tokens**\n\n**Q4. In which quarter this year (2021) will our Liquidity Mining/Staking to go live?**\n- Q1\n- Q2\n- Q3\n- Q4\n\n**Answer: Q1**\n\n**Q5. Which Leading Korea-based exchange has now listed UFT with our first-ever KRW trading pair?**\nA - CoinDCX\nB - MXC\nC - Probit\nD - UniSwap DEX\n\n**Answer: Probit**\n\n# Segment 4: Live Questions\n\n**Q1. We are in DeFi mania currently and even NASDAQ mentioned that UniLend, a lending protocol, raised $3.1 million. How will this amount be utilized and when can we expect your public token distribution event and platform launch?**\n\n**Ayush Garg:**\nYes our fund raising was covered by NASDAQ,part of your question is already answered above, our IDO was done in oct 2020, and after Alpha we are now focused on our Beta Launch!\n\n**Q2. Defi untapped market stands at over 20B$. How will Unilend tap into this huge market opportunity to be one of the Frontiers in the Defi space? What is your go-to market strategy?**\n\n**Ayush Garg:**\nThe untapped market is actually much larger than this and permissionless listing will be in DNA of UniLend. just like how today protocols use Uniswap for IDO, similarly everyone will be tempted to choose UniLend to instantly unlock lending and borrowing. But before all this UniLend will have a guarded Launch with our partners where a glimpse of UniLend's capabilities will be showcased to users. Next whole month will be covered with some exciting partnership with major Defi projects, join our announcement channel so dont miss them!\nhttps://t.me/UniLendAnnouncement\n\n**Q3. Any asset can be listed on UniLend platform, but once it does, what trading pairs are created? Is it an automatic feature or the owner has the possibility to decide it?**\n\n**Ayush Garg:\nThis is good question! We will start with Ethereum as the base pair for the listing. Moving ahead based on governance we will keep adding more tokens to the list.**\n\n**Q4. From where you get the project name? What does it means to you? And why you choose this name for your project?**\n\n**Chandresh Aharwar:**\nSo, actually UniLend stands for Universal Lending. When we started working on the idea, major aim was to built universal protocol which caters to major requirements of money market. UniLend makes everyone understands, what we are working on also.\n\n**Q5. I understand that more than 6000 assets are not integrated into markets, how does Unilend integrate it and cover this demand?**\n\n**Chandresh Aharwar:**\nIf you take example of major assets in top 200. it covers major market cap currently. If you crunch the numbers in further details, you will realize if we supooort intial 200 tokens on our platform, it will bring more than 70% market cap & also around 80% of the community effects. So, overall we will be able to tap into major crypto ecosystem with top 200 tokens only. What we are more interested is in the other markets we are adding like stocks, commodities, oil, real estate etc.. that ultimately makes the market much bigger than anyone could have imagined.\n\n**Q6. BRIEFLY EXPLAIN THE features/improvements you are planning to add to your products in the near future and the Ecosystem?**\n\n**Ayush Garg:**\nWe are building our project from scratch and UniLend is not a fork of any other project. Our platform will Lending/Borrowing, Swap, Redeem feature in build. Also there will be technical features to improve the UX of the trading and lending for extensive usage. We did partnership with CyberFi who will be building automated features on top of UniLend's platform. UniLend Ecosystem is already a power packed arsenal, but coming weeks are launching major Defi projects with more utilities added to our ecosystem.\n\n**Q7. In addition to the planned features of UniLend, what else will be so amazing, but we can only guess about it? What is there in UniLend that other exchangers do not have?**\n\n**Chandresh Aharwar:**\nMultiple things, I would say.\n- Arbritage opportunities our protocol will offer ( Imagine holding your tokens in wallet vs. earning some apr by lending it on our protocol. You can even use it as collateral)\n- Markets opening to other than crypto assets like stocks, commodities etc..\n- Birth of totally decentralized launchpools for exciting upcoming projects & the list goes on\n\n**Q8. Can Unilend be an investment for all users, whether they are young, beginner or already familiar with crypto?**\n\n**Ayush Garg:**\nOur major focus is to build our protocol for lending/borrowing. We will enable major features to the platform for quick and easy listings. Our platform will also have yield farms for stacking which will also help in increasing liquidity. Once these are done, we will be launching UniLend Launch Pad, for building on our platform.\n\n**Q9. I’m a developer, and I’m interested in contributing to your project alongsides earning, Do you have any Bug Bounty to check for vulnerabilities ?**\n\n**Chandresh Aharwar:**\nYes there will be bounties once we launch our beta and before Mainnet. Also we encourage Etherium development, recently Eth India we sponsored do check our twitter for regular updates.\n\n**GainsChat:**\nIt was a pleasure having you join our community today, Chandresh and Ayush! It was great learning more about UniLend. Congratulations on your listing on Probit and we wish you the very best this 2021, as you launch some of the major functionalities of your platform. Anything else you'd like to say? Where can we follow you?\n\n**Chandresh Aharwar:**\nThanks a lot team for inviting. Great experience.\n\n**Ayush Garg:**\nIt was great to be here. Loved the technical knowledge and energy of the community! Anyone can join our community for answers our Admins will help you https://t.me/UniLendFinance",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\"],\"image\":[\"https://cdn.steemitimages.com/DQmUBNJ1aEnc16837URU3NBPXQ3uWZKgsSs2SQfwhZ3hZph/UFT-roadmap.png\"],\"links\":[\"https://t.me/GainsChat\",\"https://unilend.finance/\",\"https://metatransact.com/\",\"https://t.me/UniLendAnnouncement/78\",\"https://unilend.medium.com/presenting-unilends-roadmap-gearing-up-for-alpha-launch-in-december-2020-89ff10805bcd\",\"https://t.me/UniLendAnnouncement/150\",\"https://app.unilend.finance/\",\"https://t.me/UniLendAnnouncement\",\"https://t.me/UniLendFinance\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "e644610dc47099f02af1930b18f50fc375b87f1c",
  "block": 50645125,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-01-25T19:39:33",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "27464.468153 VESTS"
    }
  ]
}

{
  "trx_id": "514b9d8d1197e5d3b09066d71821389548c072c5",
  "block": 49420745,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-13T18:45:33",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "netuno",
      "permlink": "probit-ama-session-with-unilend",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "34afd54be5997addb48ff37423f43e0d4203ee2d",
  "block": 49420741,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-13T18:45:21",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "probit-ama-session-with-unilend",
      "title": "Probit AMA session with UniLend",
      "body": "![image.png](https://cdn.steemitimages.com/DQmWd7wqfaWToEPYJJ5dUCgV94cN1D37ekesN6xxZFqny3f/image.png)\n\nHi folks!\n\nProBit TG channel (https://t.me/ProbitEnglish) hosted an AMA live session with UniLend' CEO, Chandresh Aharwar on December 11th. \n\nProBit and UniLend announced a partnership this month and, in addition, the launch of UniLend's Alpha is scheduled for this month as well. So, this AMA was a good time to learn more about these news.\n\n# Segment 1: Introduction and basic questions\n\n**ProBit:**\nPlease help us welcome today's guests from the UniLend team: Chandresh Aharwar @ChandreshAharwar - CEO of UniLend and\nAyush Garg @ayushgrg - Marketing Head of UniLend\n\n**Chandresh Aharwar:**\nHi Everyone! Glad to be here!  \n\n**ProBit:**\nWelcome to our community and thanks for joining! We'll open up with a few questions for the both of you and then take questions from participants.  \n\n**Chandresh Aharwar:**\nsure  \n\n**ProBit:\nQ1. Can you please give us a brief overview of UniLend?**\n\n**Chandresh Aharwar:**\nYeah. Let me give a brief intro of mine also before that. I have been in crypto space from 2016 & was leading strategy & marketing for Matic Network till 2020 before I started with UniLend. This tweet does give good background about my Matic expereince:\n\n![image.png](https://cdn.steemitimages.com/DQmUEcLY3Eax1MniPNTf3NChk86kUgRUdrRsVCUWft3zhTK/image.png)\nhttps://twitter.com/chandresh1091/status/1259145137881354240\n\nAlong with my cofounders, who were building https://metatransact.com/ ( Which is live & open source now), we came up with the idea of UniLend & started working on that this year. Coming to UniLend, the mission is to unlock the true potential of decentralized finance. Essentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $30B+ of assets which are currently excluded from DeFi. UniLend users will be able to permission-lessly list any ERC20 asset for lending/borrowing, spot trading, as well as having the ability to provide liquidity to the protocol in order to take advantage of liquidity mining and yield farming opportunities. So, you can imagine UniLend as combination of Uniswap + Compound/Aave. In addition to an intuitive UI, UniLend will also have a robust governance model powered by UFT (UniLend Finance Token) which is already live & listed on probit also:\nhttps://www.coingecko.com/resource_redirect?locale=en&route=price_charts/unlend-finance/usd\n\n**ProBit:\nQ2. This all sounds so exciting, but how can we know we are safe while using such a new protocol?**\n\n**Chandresh Aharwar:**\nGreat question. I would say we are much more secure than other money market protocols. For instance, current protocols are dependent on other DEXs like Uniswap etc. for liquidations (which is a major concern for adding illiquidity & more volatile assets). Nobody has any sort of control on these DEXs, whereas in the case of UniLend, we are deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Hence, we are not dependent on any other protocol for liquidation & everything is handled within the UniLend ecosystem.The problem we are solving is quite large and it requires a complete ecosystem to be built for catering to such a problem. Maximum security is a priority to UniLend Finance, we are picking up where key DeFi protocols like Uniswap left off and continuing the development of the decentralized finance revolution. And also we will have proper audits in place from best industry players to make sure our protocol is safe for users.\n\n**ProBit:\nQ3. So you are picking up from where Uniswap left off? I heard your team has great comparison articles in regards to this question, could you expand on this topic and let us know where we can find these articles?**\n\n**Chandresh Aharwar:**\nYeah. all this articles can be found here:\n\nTelegram community: https://t.me/UniLendFinance \nAnnouncements channel: https://t.me/UniLendAnnouncement\nTwitter: https://twitter.com/UniLend_Finance\n\n**Uniswap:**\n\n![image.png](https://cdn.steemitimages.com/DQmVmRUN5ZCLWWRoEgbRkUSKxiXTGdwKnxqnfWFdhU4vaSK/image.png)\nhttps://twitter.com/UniLend_Finance/status/1328712915885592577\n\nCheck out our comparison of UniLend and Uniswap here: https://rb.gy/2ehuzj. \n\n**AAve:**\n\n![image.png](https://cdn.steemitimages.com/DQmebik1ejVKTkafCnjwEmuu1uLb1HMovEUCH6t24jJQf3a/image.png)\nhttps://twitter.com/UniLend_Finance/status/1331266202677645312\n\nCheck out our comparison of UniLend and Aave here: https://rb.gy/t05tdx \nSharing few samples also with community. The goal with the DeFi Dissected series is to show the cryptosphere why we will be a major contender, with more to offer than our competitors. **UniLend is a unique protocol, built from the ground up, that is capable of truly revolutionizing DeFi.** Catch up on previous DeFi Dissected instalments: https://unilend.medium.com\n\n**ProBit:\nQ4. It sounds like Unilend will have a great competitive edge. In DeFi however there has to be incentives to encourage user growth, at least initially. How are you approaching this?**\n\n**Chandresh Aharwar:**\nThis is something we’ve been ideating heavily. In addition to our key advantages in terms of permissionless listings etc., there will be a number of incentives for those who utilize the UniLend protocol, from liquidity providers to general platform users. Firstly, we’re implementing community governance to give the community a voice in the functioning and features of the protocol. **UFT holders will be able to issue and vote on proposals which require majority consensus to be implemented.** Ecosystem participants who use UniLend for lending, borrowing or trading will be rewarded with governance power in the form of UFT tokens to encourage not only use of the platform’s services, but also to facilitate distributed governance. Liquidity providers are another key element of any DeFi protocol to ensure sustainability and a great user experience. They will therefore be rewarded with UFT tokens via liquidity mining, in addition to a percentage of trading and borrowing fees. **We’ve allocated 15% of the total UFT token supply for liquidity mining rewards.**  \n\n**ProBit:\nThanks for providing your insights. We'll go ahead and open the floor for everyone to post their questions now. Get your questions in now!**  \n\n# Segment 2: Live questions\n\n**Q1. Collaboration and partnerships are one of the cornerstones to making DeFi more widespread, Can you share some of the partnerships you have formed with existing blockchain foundations recently?**\n\n**Chandresh Aharwar:**\nWe already have some really teams & projects supporting us. Let me share the recent infographics our tean nade on that & yesterday only we announced that CoinDCX major Indian exchange integrating UniLend protocol. \n\n**CoinDCX:**\n\n![image.png](https://cdn.steemitimages.com/DQmPrai1jVx7dQG668KBTEJCJgKMaDX8CgZiEXZxUdciKXX/image.png)\n\nRead more about our collaboration: https://rb.gy/shte60\n\n![image.png](https://cdn.steemitimages.com/DQmPai8ZmciHYBoM5NeCU95YRQmaYn51LzDBVQRaaSTW2fR/image.png)\n\nYou can see, we have suppport of major players in the ecosystem already.\n\n**Q2. Many DeFi protocols are clones of existing ones, can you show us your genuineness and key features that helps you stand out. Good day.**\n\n**Chandresh Aharwar:**\nUniLend is built from scratch & there are no competitors of UniLend yet in the space currently. Nobody is supporting Lending/Borrowing in decentralized way. This is solving a $30 Billion plus problem of the complete industry. Also, we have our alpha release coming up, which will showcase how unique our protocol is.\n\n**Q3. Could you please tell me just a little more about the team and some of their backgrounds? I have personally seen many projects launch with inexperienced team members, and some of those didn’t go so well due to easily avoidable mistakes.**\n\n**Chandresh Aharwar:**\nWell, our team is well expereinced & we already have backing from major players in the industry who invested in seed/private rounds of UniLend. I myself come from quite heavy marketing background of Matic, you can checkout.\n\n**Q4. Can you name some of UniLend 's key achievements and what milestones are you currently working on?**\n\n**Chandresh Aharwar:**\nWe recently released our roadmap & our Alpha release is ready to be launched this month itself. Our roadmap is quite good & we have lots of things coming up next year. so , keep watching us. \nJoin us on social media:\nTelegram community: https://t.me/UniLendFinance \nAnnouncements channel: https://t.me/UniLendAnnouncement\nTwitter: https://twitter.com/UniLend_Finance\n\n![image.png](https://cdn.steemitimages.com/DQmcyw1ApWHwj4mQYsiKwFeAaUkzVurPgE9W8C3T7r8nvec/image.png)\n\n\n**Q5. Do you plan to add more use cases to the $UFT token based on the current token?**\n\n**Chandresh Aharwar:**\nYes. We plan to add multiple use cases to our token. We are continuosly building UniLend Ecosytem with more powerful players day by day and next year, you will be able to see that many projects directly launcing on UniLend along with Uniswap & will be able to enjoy Lending/Borrowing functionalities from the start. Also, we plan to bootstrap projects in coming time & $UFT holders will get opportunity to participate in the sale of this projects. There are multiple other functionalities we are working on, which will place UFT holders at advantage.\n\n**ProBit:**\nA special thanks to our guest @ChandreshAharwar for joining us today as well!",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\"],\"users\":[\"chandreshaharwar\",\"ayushgrg\"],\"image\":[\"https://cdn.steemitimages.com/DQmWd7wqfaWToEPYJJ5dUCgV94cN1D37ekesN6xxZFqny3f/image.png\",\"https://cdn.steemitimages.com/DQmUEcLY3Eax1MniPNTf3NChk86kUgRUdrRsVCUWft3zhTK/image.png\",\"https://cdn.steemitimages.com/DQmVmRUN5ZCLWWRoEgbRkUSKxiXTGdwKnxqnfWFdhU4vaSK/image.png\",\"https://cdn.steemitimages.com/DQmebik1ejVKTkafCnjwEmuu1uLb1HMovEUCH6t24jJQf3a/image.png\",\"https://cdn.steemitimages.com/DQmPrai1jVx7dQG668KBTEJCJgKMaDX8CgZiEXZxUdciKXX/image.png\",\"https://cdn.steemitimages.com/DQmPai8ZmciHYBoM5NeCU95YRQmaYn51LzDBVQRaaSTW2fR/image.png\",\"https://cdn.steemitimages.com/DQmcyw1ApWHwj4mQYsiKwFeAaUkzVurPgE9W8C3T7r8nvec/image.png\"],\"links\":[\"https://t.me/ProbitEnglish\",\"https://twitter.com/chandresh1091/status/1259145137881354240\",\"https://metatransact.com/\",\"https://www.coingecko.com/resource_redirect?locale=en&route=price_charts/unlend-finance/usd\",\"https://t.me/UniLendFinance\",\"https://t.me/UniLendAnnouncement\",\"https://twitter.com/UniLend_Finance\",\"https://twitter.com/UniLend_Finance/status/1328712915885592577\",\"https://rb.gy/2ehuzj\",\"https://twitter.com/UniLend_Finance/status/1331266202677645312\",\"https://rb.gy/t05tdx\",\"https://unilend.medium.com\",\"https://rb.gy/shte60\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "8684417defe8ffcc364b4ab56a0f82a5beb180b3",
  "block": 48994952,
  "trx_in_block": 7,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-11-28T17:26:57",
  "op": [
    "vote",
    {
      "voter": "netuno",
      "author": "netuno",
      "permlink": "unilend-ama-recap-pramod-s-global-crypto-community",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "8140b41b796a8b1f3d01ce523de617415462c545",
  "block": 48985468,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-11-28T09:26:24",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "netuno",
      "vesting_shares": "27654.905555 VESTS"
    }
  ]
}

{
  "trx_id": "234abb3a36caae2141994304a1afc38bed44f384",
  "block": 48973790,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-11-27T23:35:06",
  "op": [
    "transfer",
    {
      "from": "executive-board",
      "to": "netuno",
      "amount": "0.001 STEEM",
      "memo": "❗ Hello netuno, great that you are using the STEEM blockchain. The Executive Board hereby invites you to https://discord.gg/KyBbmhh where you will get some insider infos on how you will earn the most coins. It's easy, just follow the instructions. Warm regards, The Executive Board."
    }
  ]
}

{
  "trx_id": "8119c6a4c639ba25b20cfd7efa77993667b0024a",
  "block": 48973754,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-11-27T23:33:18",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "netuno",
      "permlink": "unilend-ama-recap-pramod-s-global-crypto-community",
      "title": "UniLend AMA Recap - Pramod's Global Crypto Community",
      "body": "![image.png](https://cdn.steemitimages.com/DQmUzndjzuWpS8iCh5SyS1nStbGdvoyPoK46i5T6Tv5An7c/image.png)\n\nHi crypto community!\n\nUniLend' CEO, Chandresh Aharwar, had an AMA with the Pramod's Global Crypto Community (https://t.me/pSquare_Chat) on November 26th. \n\nIt was such a nice session and I decided to do this recap.\n\n \n# Segment 1: Introduction and basic questions\n\n**Pramod admin:**\nToday we have with us Chandresh from UniLend who is co-founder and CEO of UniLend.\n\n**Chandresh Aharwar:**\nHi Everyone\n\n**Pramod admin:**\nCan you please give us a brief overview of UniLend?\n\n**Chandresh Aharwar:**\nThanks Pramod bhai for inviting me. Before UniLend, let me give a small background about me. \nI have been actively contributing to Blockchain space from late 2016 & have been leading marketing & strategy of matic Network before starting my Journey with https://unilend.finance/ A good thread explaining my contributions while at Matic:\n\n\n\n![tweet.png](https://cdn.steemitimages.com/DQmdMSG1ZeVM4VVRyZ2AbSZGFoTJZtwrysFdJubu1Cey3iJ/tweet.png)\nhttps://twitter.com/chandresh1091/status/1259145137881354240\n\n\n\nI started UniLend in August along with my co-founders who were working on a open source metatransaction protocol https://metatransact.com/ UniLend was started with the simple Idea of welcoming every token to DEFI.\n\nUniLend’s mission is to unlock the true potential of decentralized finance.\n\nEssentially, UniLend Finance will offer every DeFi capability imaginable for any ERC20 asset, including the $30B+ of assets which are currently excluded from DeFi.  UniLend users will be able to permission-lessly list any ERC20 asset for lending/borrowing, spot trading, as well as having the ability to provide liquidity to the protocol in order to take advantage of liquidity mining and yield farming opportunities.\n\n**Pramod admin:**\nYou claim this is just the beginning, what do you mean by that?\n\n**Chandresh Aharwar:**\nWe already have more than $14Billion locked in DeFi currently & that's too without tapping into all ERC20 assets in money markets. Our aim is to be the most comprehensive DeFi protocol on the market. With this in mind, we are continually forging strategic collaborations with key players within the industry to add unique abilities to our protocol, such as being able to lend/borrow real-world assets like synthetic gold and silver with the help of OpenDeFi. Real-world assets will open the door to an addressable market cap of over 15 trillion. CyberFi building an automation layer on top of UniLend. Cryptolocally providing interface of UniLend to their users. UniLend is being built from the ground up to truly take the DeFi space to the next level and bring the next wave of users into DeFi via our comprehensive protocol. Many major industry players already recognize our unique value and are in the process of implementing UniLend into their own platforms. Again this is just the beginning, many more collaborations and unique abilities are yet to be announced.\n\n**Pramod admin:**\nThis all sounds so exciting, but how can we know we are safe while using such a new protocol?\n\n**Chandresh Aharwar:**\nGreat question. I would say we are much more secure than other money market protocols like Aave & Compound etc. For instance, current protocols are dependent on other DEXs like Uniswap etc. for liquidations (which is a major concern for adding illiquidity & more volatile assets). Nobody has any sort of control on these DEXs, whereas in the case of UniLend, we are deriving the lending/borrowing capacity of assets based on the liquidity available on our trading platform. Hence, we are not dependent on any other protocol for liquidation & everything is handled within the UniLend ecosystem. The problem we are solving is quite large and it requires a complete ecosystem to be built for catering to such a problem. Maximum security is a priority to UniLend Finance, we are picking up where key DeFi protocols like Uniswap left off and continuing the development of the decentralized finance revolution.\n\n**Pramod admin:**\nSo you are picking up from where Uniswap left off? I heard your team has great comparison articles in regards to this question, could you expand on this topic and let us know where we can find these articles?\n\n**Chandresh Aharwar:**\nYes, to clarify, we have the utmost respect for Uniswap and the other leading protocols for being trailblazers in the DeFi space. That said, we believe that our comprehensive DeFi functionality and permissionless listing model will facilitate the evolution of DeFi and bring the next wave of users into the DeFi space. Our community has requested further clarification on UniLend’s strengths as a DeFi protocol, which is why we launched our DeFi Dissected article series. The goal with the series is to show the cryptosphere why we will be a major contender, with more to offer than our competitors.  UniLend is a unique protocol, built from the ground up, that is capable of truly revolutionizing DeFi. Introducing our DeFi Dissected article series: Highlighting the value UniLend is bringing to the DeFi revolution. Our community has requested further clarification on UniLend’s strengths as a DeFi protocol, so that’s what we’re delivering! Get ready for a series outlining the differences between our protocol and other major DeFi players. The goal is to show the cryptosphere why we will be a major contender, with more to offer than our competitors. UniLend is a unique protocol, built from the ground up, that is capable of truly revolutionizing DeFi thanks to our comprehensive DeFi functionality and permissionless listing model. To start, we’ve released a comparison with Compound. We will release further comparisons moving forward. Stay tuned to our social media platforms as we gear up to launch the rest! Read our first comparison here, UniLend vs. Compound: https://t.co/03AnTXyQww?amp=1\n\n\n![tweet.png](https://cdn.steemitimages.com/DQmWfTbRiKrbAcNbNrU43JxjjuKVFE5hk8fsdV2qStooxQd/tweet.png)\nhttps://twitter.com/UniLend_Finance/status/1324378305013850112\n\n\nNext up in our DeFi Dissected series is the original unicorn of DeFi, Uniswap! This series aims to quickly get our readers up to speed on some of the more prominent DeFi platforms everyone has their eye on. We previously placed Compound, Balancer and Maker under a microscope. Today we'll be shining a light on the undisputed leading DEX, Uniswap. As a trailblazer in DeFi and the backbone of the DeFi movement, UniLend was inspired by Uniswap in many ways. We wish to accelerate Uniswap's DeFi revolution by implementing new comprehensive DeFi functionality such as permissionless lending & borrowing, in addition to decentralized trading, in a single platform. Here's to advancing the decentralized revolution together  Check out our comparison of UniLend and Uniswap here: https://rb.gy/2ehuzj\n\nCatch up on previous DeFi Dissected instalments: https://unilend.medium.com/\n\n \n![tweet.png](https://cdn.steemitimages.com/DQmU2ZY7ezPvTEM9nnyJKACtjLrsjpA8AVyU8EC27WsbSfT/tweet.png)\nhttps://twitter.com/UniLend_Finance/status/1328712915885592577\n\nUniLend & Aave step up to the podium: check out our comparison! Suit up and discover UniLend's unique value propositions and advantages as compared to other leading DeFi protocols on the market, by staying up to date with our DeFi Dissected series. In our newest release, a comparison between UniLend and Aave, we discuss the nitty gritty facts surrounding both of these powerful protocols and hope to enlighten our readers while doing so. Education is key and knowledge is power! Please take the time to DYOR and learn why UniLend is to be the next heavyweight contender in the DeFi scene. Cheers to the future of unlocking the true potential of DeFi! Check out our comparison of UniLend and Aave here: https://rb.gy/t05tdx\n\nSpread the word :\n  \n![image.png](https://cdn.steemitimages.com/DQmT1Q1K8zjhcL4bR64BYGgYTcfntY2g5e9aq2s9yRpLWek/image.png)\nhttps://twitter.com/UniLend_Finance/status/1331266202677645312\n\nJoin us on social media:\nTelegram community: https://t.me/UniLendFinance \nAnnouncements channel: https://t.me/UniLendAnnouncement\nTwitter: https://twitter.com/UniLend_Finance\n\nDo follow this channels for upcoming updates.\n\n**Pramod admin:**\nIt sounds like Unilend will have a great competitive edge. In DeFi however there has to be incentives to encourage user growth, at least initially. How are you approaching this?\n\n**Chandresh Aharwar:**\nAnother great question, this is something we’ve been ideating heavily. In addition to our key advantages in terms of permissionless listings etc., there will be a number of incentives for those who utilize the UniLend protocol, from liquidity providers to general platform users. Firstly, we’re implementing community governance to give the community a voice in the functioning and features of the protocol. UFT holders will be able to issue and vote on proposals which require majority consensus to be implemented. Ecosystem participants who use UniLend for lending, borrowing or trading will be rewarded with governance power in the form of UFT tokens to encourage not only use of the platform’s services, but also to facilitate distributed governance. Liquidity providers are another key element of any DeFi protocol to ensure sustainability and a great user experience.  They will therefore be rewarded with UFT tokens via liquidity mining, in addition to a percentage of trading and borrowing fees. We’ve allocated 15% of the total UFT token supply for liquidity mining & yield farming rewards.\n\n**Pramod admin:**\nWe will now start with the questions which were asked on twitter. We had tremendous response on twitter and it was hard to pick only just top 5 questions.\nI will now ask each question and Chandresh will answer it\nafter those 5 questions, we will take 1 round of questions from telegram community.   \n\n# Segment 2: Twitter questions\n**Q1.** What is your project’s main target of UniLend in this year 2020? and what your VISION and MISSION is in UniLend Marketing?\n\n**Chandresh Aharwar:**\nWe will have alpha release this year. Our community has been getting impatient for the detailed roadmap, so that's coming this week most probably.\nWe want to welcome every token to DeFi, that's the main mission we are aiming for & recently we launched a poll also in our community. Would request every one to vote on that too. We want to become a widely used protocol for token launches, just like uniswap is being used currently. That's where the most value additions will come from our side. I would go for Trading + Lending/Borrowing anyday. That's what UniLend is bringing to the ecosystem. Imagine every new token getting launched on UniLend also along with Uniswap. Will be huge imo. And we are giving every reason to new projects for launching on UniLend along with Uniswap. Don't forget the close marketing support & huge exposure we will provide to all new projects.\n\n**Q2.** What will bring great innovation, value and differential in the DeFi space after the arrival of ETH 2.0 that makes UFT run in front of its DeFi rivals, that UFT is also a giant, and thus attract more investors to the Project.\n\n**Chandresh Aharwar:**\nCheaper fees & faster transactions with ETH 2.0 will obviously mean more trading volume, more interactive users & most importantly more automation in the complete DeFi space. We have already seen the advantages & value additions of DeFi, this will definately go to bigger level as higher gas fees & slower transactions are barrier for smaller investors currently. UniLend will also be at huge gain with ETH 2.0 launch as we are totally focused on our alpha launch in December on Ethereum mainnet currently & that's going to be the main chain for our protocol in near future. So, I am also very excited for upcoming updates on ETH 2.0\n\n**Q3.** UniLend is a permissionless platform focused on Ethereum tokens, but the need for cross-chain solutions is increasingly perceived. Does UniLend intend to be a cross-chain platform, allowing its features to be available to non-ethereum tokens?\n\n**Chandresh Aharwar:**\nYes, we take it very seriously when we say, Welcoming Every Token to DeFi. Our Devs have already been exploring other chains like Binance Smart Chain, some layer 2 on ethereum etc.. We are also watching closing other solutions which are working towards bridging other chains. We will definately do this but our priority is launching our Alpha version on etherum currently in December.\n\n**Q4.** What are the requirements for the UniLend credit system? In addition, what are the facilities of this loan program? and how can I participate in community voting in the UniLend ecosystem?\n\n**Chandresh Aharwar:**\nWell, there are no requirements. You don't need to create any account or maintain any credentials, you can just use Metamask other solutions to access our protocol. Just like other money market protocols, users will be able to use UniLend also with only difference that it will be easier to use & more secure. All $UFT holders will be able to take part in the governance of our protocol, just like the goverance of Uniswap currently.\n\n**Q5.** The crypto market is full of scams and Uniswap records several lists of fake tokens. How does UniLend intend to prevent the listing of fake tokens if the platform does not have permission? What kind of security can UniLend offer its users?\n\n**Chandresh Aharwar:**\nIt's always user discretion in decentralized open source protocols. As it's open source anyone will be able to list their tokens, but again they will be risking their eth if they are providing liquidity on trading platform. Also, there won't be any gains for users to list any fake tokens, but we have seen many scammers doing it. We will have proper warning & rating systems for high performing tokens on our protocol & make sure our users are safe.\n\n**Pramod admin:**\nWe are done with twitter questions. Lets take one round of questions from our telegram community.\n\n \n# Segment 3: Live questions\n**Pramod admin:**\nChandresh Aharwar has a hard task now of picking just 5 questions to answer\n\n**Chandresh Aharwar:**\nWow, your community is lit bro\n\nDo watch the video for better understanding guys, while I choose questions\n\nhttps://youtu.be/gEr_YCMcfUM\n\nand don't forget to join our socials:\n**UniLend's Annoucement:** https://t.me/UniLendAnnouncement\n**UniLend's Chat:** https://t.me/UniLendFinance\n**Follow us on Twitter:** https://twitter.com/UniLend_Finance\n\n**Q1.** What are the possible ways to get $UFT? Will it be exclusively through Farming? And what are the advantages of being a holder when using the platform? In what ways will Unilend reward those who provide liquidity for spot trading and Lending of assets on UNILEND..and what strategies do you have to bring in more liquidity to assets listed for spot trading on unilend\n\n**Chandresh Aharwar:**\nGreat question. Let me first share all the resources needed for this questions.\n\nWhere to trade UFT ?\n\n**DEX**\nUniswapProtocol: https://app.uniswap.org/#/swap?outputCurrency=0x0202be363b8a4820f3f4de7faf5224ff05943ab1\nBalancerLabs: https://pools.balancer.exchange/#/pool/0x7ae275fafdbcded0a4cdc6e25884b849f00efc48\nSushiSwap: https://exchange.sushiswapclassic.org/#/swap?outputCurrency=0x0202be363b8a4820f3f4de7faf5224ff05943ab1\n\n**Other Exchanges**\nBithumb Global Exchange - UFT/BTC (https://www.bithumb.pro/en-us/spot/trade?q=UFT-BTC)\nBithumb Global Exchange - UFT/USDT (https://www.bithumb.pro/en-us/spot/trade?q=UFT-USDT)\nMXC Exchange - UFT/USDT (https://www.mxc.com/trade/easy#UFT_USDT)\nCoinDCX Exchange - UFT/USDT (https://coindcx.com/trade/UFTUSDT)\nBilaxy Exchange - UFT/ETH (https://bilaxy.com/trade/UFT_ETH)\n\n**Knowledge Base :**\nCoinMarketCap (https://coinmarketcap.com/currencies/unilend)\nCoinGecko (https://www.coingecko.com/en/coins/unilend-finance)\nBlockfolio (https://blockfolio.com/coin/UFT)\n\nFeel free to talk about: Price Channel (https://t.me/UnilendPrice) - Unofficial\nSee the Uniswap trades at : UFT Trades (https://t.me/uft_trades )\n\nUFT is already trading currently on multiple platforms, so apart from liquidity mining & yield farming it can already be bought. UFT holders will have many utilities starting from participation in governance to added benefits on liquidity mining & yield farming.\n\n**Q2.** Many projects related to farming offer a  massive % of APY, and at the end mint a lot of tokens to try to reach that promise, decreasing value, or, even being scam. That’s why I ask you, what APY is offered with $UFT?\n\n**Chandresh Aharwar:**\nTotally agree. I have seen many projects giving insane rewards for getting traction & liquidity but ultimately it impacts the project badly in long run. Many projects are also doing liquidity mining on uniswapm which is of no use in my opinion. We have kept aside 15% of total tokens for user incentives & those will be distributed in a very decent manner kwwping in consideration all our investors. We will have good incentives to drive traction for our users but will make sure it's not impacting our investors in a negative way. Great question\n\n**Q3.** What are the plans for liquidity bootstrapping\n\n**Chandresh Aharwar:**\nLiquidity is going to play a major role in our protocol growth. One of the reason, we have already reached out to more than 30 projects which are interested in providing liquidity on our platform. Apart from this, many of our seed & private investors will also help with liquidity bootstrapping on our platform. We are also partnering with multiple exchanges & platforms which will bring liquidity to our platform. Also, we have a unique proposition of trading + Money markets, so expecting New projects launching on UniLend along with Uniswap will become a norm in near future. This should solve most of the liquidity concers for us.\n\n**Q4.** Where does the project name come from? What does it mean for you and why did you choose that name for your project?\n\n**Chandresh Aharwar:**\nNice Question. UniLend stands for Universal Lending Protocol We wanted to have a name which describes our Idea of welcoming Every token to DeFi perfectly.\n\n**Q5.** Any asset can be listed on UniLend platform, but once it does, what trading pairs are created? Is it an automatic feature or the owner has the possibility to decide it?\n\n**Chandresh Aharwar:**\nListing on our platform is similar to listing on Uniswap. Once you create the trading pair, the lending/Borrowing pair will be activated based on the liquidity available for tokens. Our base pair is going to be ETH for all tokens initially & then with time we will gradually allow other pairs also.\n\n**Chandresh Aharwar:**\nPramod, I answered 5 questions I guess now. Very diificult to choose 5 out of so many great questions.\n\n**Pramod admin:**\nYeah,  Chandresh Aharwar , we have a great Community where everyone takes part. Thanks for your time answering our community Questions.\n\n**Chandresh Aharwar:**\nThanks a lot for inviting Pramod. I had a great time!\n\n**Pramod admin:**\nIf you have any last Comments for our community, plz mention.\n\n**Chandresh Aharwar:**\nWe have lots of exciting things coming up in December along with our alpha launch. Do follow our socials for upcoming updates.\nUniLend's Annoucement Channel: https://t.me/UniLendAnnouncement\nUniLend's Chat: https://t.me/UniLendFinance\nFollow us on Twitter: https://twitter.com/UniLend_Finance\nKeep Rocking 🥳🥳",
      "json_metadata": "{\"tags\":[\"blockchain\",\"crypto\",\"defi\",\"altcoin\",\"cryptocurency\",\"uft\"],\"image\":[\"https://cdn.steemitimages.com/DQmUzndjzuWpS8iCh5SyS1nStbGdvoyPoK46i5T6Tv5An7c/image.png\",\"https://cdn.steemitimages.com/DQmdMSG1ZeVM4VVRyZ2AbSZGFoTJZtwrysFdJubu1Cey3iJ/tweet.png\",\"https://cdn.steemitimages.com/DQmWfTbRiKrbAcNbNrU43JxjjuKVFE5hk8fsdV2qStooxQd/tweet.png\",\"https://cdn.steemitimages.com/DQmU2ZY7ezPvTEM9nnyJKACtjLrsjpA8AVyU8EC27WsbSfT/tweet.png\",\"https://cdn.steemitimages.com/DQmT1Q1K8zjhcL4bR64BYGgYTcfntY2g5e9aq2s9yRpLWek/image.png\",\"https://img.youtube.com/vi/gEr_YCMcfUM/0.jpg\"],\"links\":[\"https://t.me/pSquare_Chat\",\"https://unilend.finance/\",\"https://twitter.com/chandresh1091/status/1259145137881354240\",\"https://metatransact.com/\",\"https://t.co/03AnTXyQww?amp=1\",\"https://twitter.com/UniLend_Finance/status/1324378305013850112\",\"https://rb.gy/2ehuzj\",\"https://unilend.medium.com/\",\"https://twitter.com/UniLend_Finance/status/1328712915885592577\",\"https://rb.gy/t05tdx\",\"https://twitter.com/UniLend_Finance/status/1331266202677645312\",\"https://t.me/UniLendFinance\",\"https://t.me/UniLendAnnouncement\",\"https://twitter.com/UniLend_Finance\",\"https://youtu.be/gEr_YCMcfUM\",\"https://app.uniswap.org/#/swap?outputCurrency=0x0202be363b8a4820f3f4de7faf5224ff05943ab1\",\"https://pools.balancer.exchange/#/pool/0x7ae275fafdbcded0a4cdc6e25884b849f00efc48\",\"https://exchange.sushiswapclassic.org/#/swap?outputCurrency=0x0202be363b8a4820f3f4de7faf5224ff05943ab1\",\"https://www.bithumb.pro/en-us/spot/trade?q=UFT-BTC\",\"https://www.bithumb.pro/en-us/spot/trade?q=UFT-USDT\",\"https://www.mxc.com/trade/easy#UFT_USDT\",\"https://coindcx.com/trade/UFTUSDT\",\"https://bilaxy.com/trade/UFT_ETH\",\"https://coinmarketcap.com/currencies/unilend\",\"https://www.coingecko.com/en/coins/unilend-finance\",\"https://blockfolio.com/coin/UFT\",\"https://t.me/UnilendPrice\",\"https://t.me/uft_trades\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "544c67f87b2520e3ced466235e493799a970d859",
  "block": 48973722,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-11-27T23:31:42",
  "op": [
    "transfer_to_vesting",
    {
      "from": "netuno",
      "to": "netuno",
      "amount": "1.000 STEEM"
    }
  ]
}

{
  "trx_id": "9012a2807813bbabc7189140aff157067c46196c",
  "block": 48972972,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-11-27T22:53:48",
  "op": [
    "transfer",
    {
      "from": "binance-hot",
      "to": "netuno",
      "amount": "3.000 STEEM",
      "memo": ""
    }
  ]
}