<span style="font-weight: 400">UniLend Finance has recently published its protocol update blog and <a href="https://twitter.com/chandresh1091/status/1447464471895724034?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1447464471895724034%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fnews.bitcoin.com%2Ffor-the-1st-time-all-erc20-tokens-can-be-lent-and-borrowed-with-unilends-upcoming-version-2%2F" target="_blank" rel="nofollow noopener">introduced</a> UniLend v2 enabling the lending and borrowing of all ERC20 tokens. Earlier this year, the Binance Innovation Zone project enabled Lending for every token along with Flash Loans. </span>
<h2><span style="font-weight: 400">UniLend Finance Introduces UniLend v2, Allows Lending and Borrowing of ERC20 Tokens</span></h2>
<span style="font-weight: 400">The team released an initial blog giving explanations regarding various innovative features in their upcoming version, which is going to take care of Lending and Borrowing of over 9000 assets. </span>

<span style="font-weight: 400">Back in the month of August, the protocol went live into the permissionless listing of any token. As a result of this, the protocol has over 25 cryptocurrencies live for Lending and uncollateralized borrowing through Flash Loans. </span>

<span style="font-weight: 400">In addition to this, it has been revealed that the major protocol update will be equipping UniLend to enter the untapped $1 trillion + crypto market capitalization without notable competition.</span>
<h3><span style="font-weight: 400">Key Features of UniLend v2</span></h3>
<ol>
 	<li style="font-weight: 400"><span style="font-weight: 400">The UniLend v2 protocol introduces pools for dual assets just like the UniSwap liquidity model. These pools prevent the tokens in a particular pool to be immune to price and volatility in liquidity of assets in other pools.</span></li>
 	<li style="font-weight: 400"><span style="font-weight: 400">It allows the users to trade their lending/borrowing positions in open markets due to the tokenization of lending/borrowing positions into debt <a href="https://www.cryptoknowmics.com/news/non-fungible-tokens-on-a-path-to-mainstream-adoption/">NFTs</a>.</span></li>
 	<li style="font-weight: 400"><span style="font-weight: 400">The construction of a proof mechanism to acquire the price feed from on-chain market data to find out the asset's position.</span></li>
 	<li style="font-weight: 400"><span style="font-weight: 400">Lending and Borrowing functionalities are finally viable due to high gas optimization approaches.</span></li>
 	<li style="font-weight: 400"><span style="font-weight: 400">Audited by Certik, hence ensures security</span></li>
</ol>
<h2><span style="font-weight: 400">Chandresh Aharwar on the Future of UniLend</span></h2>
<span style="font-weight: 400">Chandresh Aharwar, the CEO and Co-founder of UniLend, said that the current untapped capitalization of the market is standing around $500 billion and they are building the future of Defi.</span>

<span style="font-weight: 400">Chandresh was also the leading Marketing and Strategy at <a href="https://www.cryptoknowmics.com/news/polygon-matic-technical-analysis-price-breaks-above-bullish-pattern/">Polygon</a> before Co-founding UniLend. </span>

UniLend Finance Introduces UniLend v2, Enables Lending and Borrowing of ERC20 Tokens 

UniLend Finance has recently published its protocol update blog and introduced UniLend v2 enabling the lending and borrowing of all ERC20 tokens.

Sahaj is an aspiring journalist with a keen interest in cryptocurrency and the whole concept of Blockchain technology. He is positive about the future potential of Cryptocurrency and Blockchain in shaping the world of finance for good. At present, he is covering the latest developments in the field of the cryptosphere.

UniLend Finance Introduces UniLend v2, Enables Lending and Borrowing of ERC20 Tokens

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