OpenDeFi Partners with UniLend

OpenDeFi by OroPocket is proud to announce our new partnership with UniLend Finance in our joint quest to unlock the true potential of DeFi!

The OpenDeFi wave continues to rise! After announcing our upcoming Uniswap Listing event on November 11th, we have more news!

OpenDeFi by OroPocket is proud to announce our new partnership with UniLend Finance!

UniLend is a permission-less decentralized protocol that combines spot trading services and money markets with lending and services through smart contracts.

The free flow of value across blockchains, asset classes and financial instruments is a central aim for us here at OpenDeFi, and there is true synergy between our project and what the wonderful folks at UniLend are doing.

There are primarily two things that set UniLend apart from all other DeFi protocols:

  1. Permissionless listing: Any ERC20 token can list without any entity controlling the listing process, making UniLend’s features accessible to every token.
  2. Lending & Borrowing Protocols: Existing DeFi platforms generally either offer the freedom to trade any ERC20 assets OR offer lending and borrowing, but only for a very narrow set of assets. UniLend does BOTH.

This is where our partnership becomes truly synergistic, since now OpenDeFi users can access borrowing and lending with the assets they have invested in, and UniLend users can utilise OpenDeFi’s array of real world assets to do the same with.

The OpenDeFi vision is simple: bridging the gap between traditional finance and DeFi. Partnering with UniLend is another massive step forward.