It's no news that UniLend Finance made massive waves in shaping the future of #DeFi and #Web3 with its permissionless lending and borrowing protocol, UniLend introduced #UniLendV2 which allows anyone to start lending and borrowing any ERC-20 token, just like trading any token on a decentralized exchange (#DEX) without permission.

the second version of UniLend can accommodate lending and borrowing of more than 9000 assets šŸ¤Æ. With over $500 billion crypto market, some key features of the #UniLendV2 includesšŸ‘‡

ā€¢Chain abstraction:

Unilend chain abstraction mechanism allows you to experience all the functionalities of several chains in just 1 chain

See here:

https://twitter.com/UniLend_Finance/status/1795516978343612779?t=pgb6WKpSIgBdo5Izg6c7pw&s=19

ā€¢Permissionless listing:Ā 

UniLend permissionless framework allows users to bootstrap new pools through an intuitive user interface that allows the combination of tokens, on-chain oracle and custom pools including liquidation thresholds and loan to value ratios

ā€¢Dual asset pools:

UniLend Finance #UniLendV2 introduces pools for dual assets similar to the Uniswap liquidity model. Dual asset pools prevent the tokens in a specific pool to be immune to price and liquidity fluctuations of assets from other pools.

ā€¢Nonfungible tokenization:

UniLendV2 allows tokenization of lending/borrowing positions into debt nonfungible tokens (#NFTs)which enables the users to trade their lending/borrowing positions in open markets.

ā€¢On-Chain price feed:

UniLend has built a proof mechanism to fetch the price feed from on-chain market data to determine assets position.

ā€¢Gas optimization:

UniLend_Finance has taken high gas optimization approaches that make the UniLend Finance core functionalities of lending borrowing financially viable.

ā€¢Security:

theĀ #UniLend's v1 lending and flash loans version is audited by best smart contract auditor Certik.

UniLendv2 is sought as the most decentralized money market protocol by the #DeFi community. #UniLend's v1 is live on three prominent blockchains: Erc, Bep & Pos & v2 on Erc