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The collaboration of UniLend Finance with Mobius Finance will assist the UFT token holders to mint moUSD by utilizing UFT because the collateral. This collaboration will assist each events. Following are its advantages:
- As soon as it will get built-in with Mobius Finance, the programs will allow the merchants to commerce varied property equivalent to ETFs, shares, and Foreign exchange Markets with zero slippage.
- UniLend Finance Omnis system can be comprising moUSD after its launch, which permits lending and borrowing of the stablecoin.
- No charges can be charged by the system for burning and minting (paying and borrowing the debt).
moUSD
The moUSD token is a stablecoin issued via mobius Finance. Not solely this but additionally all of the moUSD that are in circulation are minted towards the collateral for sustaining its 1-1 greenback peg.
UniLend OMNIS
UniLend Finance’s second model, known as OMNIS, is greater than the incremental replace. UniLend has reached a essential evolutionary milestone. It additional helps customers record a token on the protocol and straightway entry the DeFi providers with out obstacles.
UniLend V1 was a one-of-a-kind answer that made low-cost Flash Loans a actuality whereas additionally introducing lenders to the notion of Automated Rewards Distribution. As a consequence, they’ve developed over 50 collaborations and seen wonderful progress in the usage of Unilend V1, with 25+ asset lending swimming pools and $10 million in Flash Loans spanning Ethereum, Polygon, and Binance Sensible Chain.
About UniLend Finance
UniLend is establishing a permissionless system! Lending, Borrowing, Flash Loans, and Tokenization of Cash Market Positions are all supported by the DeFi Base Layer.
About Mobius Finance
Mobius Finance is the primary multi-collateral artificial platform on Polygon that may generate and commerce any asset, together with off-chain shares, ETFs, and commodities. Customers might commerce any asset with 0% slippage and low-cost prices with the assistance of their threat management algorithm.