We are pleased to announce our next AMA on October 5th 2020 at 01:00 PM UTC Time: Satoshi Club x Unilend
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Unilend Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 4 Questions will be selected from our website – please submit your questions in the comments section of this post. 2 Question will be selected from
Part 2: 100$/10 users – Open chat for 80 seconds. You can post Max 5 questions. Unilend Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Unilend
For more details:
Unilend – @UniLendFinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
According to the information on the website any ERC20 token will be able to list. Are you planning to support blockchains other than Ethereum?
Do you plan to cooperate with partners, if so, with whom? This information is not presented on the site.
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?
I am intrigued by the absence of the project roadmap and technical document, as they are essential to build investor confidence. When will the Unilend whitepaper be available? Have they successfully met all the objectives set for the year? What are the next steps for the future?
DEFI platforms are always prone to security flaws that can take time to fix. What security mechanisms will Unilend use to protect investors’ assets? How is your project different from others that currently exist? What companies are looking for as potential partners?
Unilend allows any ERC20 token to be used as collateral for lending and borrowing, but what multiple use cases will the $ UFT token have? Will they be related to the governance and usefulness of the platform?
UniLend stands out from other projects because it has the option of loans and loans. Will future users have a limit established in the loans? What guarantees that these loans will always be available to those who require it?
can you tell me who are the unilend partners ? are there anymore upcoming partners that you can reveal ? How about the backers and advisors of the project
How do you plan to attract the community to UniLend Finance?
– UniLend wants to unlock the true potential of DeFi. Can you explain what the real potential is? How far will UniLend go? Will it be just another platform for Lending and Farming?
My real username is @Winterkom, I forgot the “m” at the end
– What requirements must a token meet to be listed on UniLend? Does it only need to be an ERC-20 token? How would UniLend prevent scam tokens from being listed?
My real username is @Winterkom, I forgot the “m” at the end
– 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?
My real username is @Winterkom, I forgot the “m” at the end
Unilend provides services for cash trading, loans and small businesses. How do you ensure that borrowers always get paid with interest without risking losing their money to irresponsible people? How do you ensure that the rules are followed?
What types of businesses are listed within Unilend? Will you focus on a specific area, or will you all have the opportunity to be part of this promising platform?
The native $UFT token will have multiple use cases for the government and the utility of the platform. What other uses will it have? What benefits will the acquisition of the $UFT bring to users?
what are the requirements for listing tokens on Unilend platform?
@ChandreshAharwar has been on matic before, is your project still related to matic? or will there be collaboration in the future?
The success of a truly decentralized ecosytem is in the hands of DELEGATORS, How do you select DELEGATORs and also incentivize them
Unilend is known as an ecosystem that can support many industries such as finance, gaming, …, this confuses your customers and potential partners to find the main goal. your. Can you tell us what is the priority product you are developing and what are the difficulties in developing it?
For a project, community factors contribute to the success of the project, so does Unilend have any plans for long-term community development?
I entered into unilend.
finance website for learning more about unilend as I want to invest here. I didn’t find the total supply, circulating supply or anything about $UFT token. So I wanted to know about the tokenomics. What is the tokenomics of $UFT?
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. However, Does UNILEND only welcome ERC20 tokens to DeFi?
Do you have any plans to exploring addition of cross-chain support in the future such as Binance Chain, Monero, etc..?
There are over 6000 ERC20 token listed on CoinMarketCap outside of the DeFi ecosystem.
How does Unilend identify/analyze and protect users from Scam Projects? Do you have any criteria/appraisal that you think are most suitable for being part of DeFi?
The Official website says that there is not needed any third Party entity to list ERC-20 tokens, but how guarantee that the platform will not be used by EXIT SCAM projects to gain “falsely” the investors trust?
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 TRC20 or BEP-2? If not, maybe in the future?
Is not enough be capable of list any type of ERC-20 without provide a good Liquidity to It, so what are you contributions or methods to give enough lending Liquidity to listed tokens? And How i (as user) can help you?
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?
Unilend just offer services to spot trading? Or also can be used with leveraged Markets too?
The UFT is the native token of the Unilend platform and is described as “Utility token to Governance, platform use and much more”, so can you tell me what is exactly that “much more”? Discounts, Unique bonuses maybe?
The Private sale rounds a Seed sale are done, so the Next Big steps is the platform launch and the public Distribution, so can you tell me How is gonna be this last one? You Will do a IEO with an Exchange partner? Or a Uniswap listing?
How Unilend manage the legal terms ? Considering the current legal terms that Governments are Imposing to DeFi projects?
How many UFT Will be minted in total? Can you share us how is gonna be your token Distribution? How many (%) Will be locked?
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
What are the current interest rates for Borrowing and lending on UNILEND.. And how are the rates arrived at will it be the sole decision of the user listing the ERC-20 token and can a single ERC-20 token be listed multiple times by different users
At the moment Unilend is building a platform for ERC-20 tokens what plans do you have to give users the capability to also list Tokens from other chains on UNILEND…what chains are you looking at and what progress has the team made in this regard
UniLend has successfully raised $ 3.1M in seed and private sale rounds. What next task will the group perform? When will the platform be launched?
Price affects interest rates and loans. How does Unilend solve this problem? How is collateral guaranteed?
UniLend is a permissionless decentralized DeFi protocol. How can unilend ensure users are not affected by fraudulent trading pairs and against carpet drag?
Unilend has 6 features, but it’s just a combination of decentralized exchanges. What are the differences between the unilend’s features compared to them? What do you think is the features that stands out most and attracts the most attention?
What target is Unilend currently focusing on? What is your development roadmap in the future? When will the Dapp be released?
UniLend’s native utility token will be UFT, UniLend Finance Token. Can you elaborate on its feature and importance in unilend’s ecosystem? And some basic information about UFT, white paper ..
In addition to the lending aspect and the amount of assets supported, what makes Unilend different and superior to its competitors such as Compound, Aave, Maker DAO …?
Unilend Finance aims to “Welcome Every Token to DeFi”. How will you regulate the the ERC20 Tokens that want to use Unilend? How can you make sure that you’re not listing a scam token?
Most of the projects are using peer-to-peer lending and borrowing. While UniLend utilizes “Dual Asset Pools” for frictionless borrowing and lending. How does Dual Asset Pools works? How will you maintain the Liquidity in different pools available?
UNILEND will offer spot trading services and lending and borrowing services. I saw that your team is compose of only 2 Engineers. Will this be a hindrance for developing the projects? Are you open to hire more developers?
$UFT Token are not yet generated but the team is planning the TGE this month. Where will the buyers be able to buy $UFT after TGE?
As a former MATIC Network core team member, will UNILEND use Matic Network as it offers faster transactions and cheaper fees compare to Ethereum?
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?
As a permissionless protocol anybody with an Ethereum wallet use UniLend, how secure are user’s funds while connecting them to the platform?
UniLend is the first to enable any ERC20 to be utilized as collateral for lending, borrowing and trading in-platform. Many scam tokens will probably come to list theirselves on UniLend, hoe is that issue solved?
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 means that scam tokens can be listed without any restriction? How can users feel secure while trading any asset on UniLend?
The protocol will be governed by its token holders and by a majority consensus. how is it designed to avoid that big holders would centralize decisions? Would someone hold +50% of the tokens?
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 risl for lenders?
What are the features that differentiate Unilend from other DeFi protocols? What are the advantages of using it?
What is the interest rate that can be requested for a loan on the Unilend platform?
Does saying “Any ERC20 token can be listed without any entity controlling the listing process” mean that we can negotiate with any new token within Unilend?
really “UniLend is designed as a self-managed fund”? Does this mean that it is fully developed for self-administration? is this better than being community managed (DAO)?
If really any ERC20 tokens can be listed on Unilend, does that mean that high consumption of ETH gas will be required for any operation? Or can the fees be paid with a small amount of $ UFT tokens?
I understand that Unilend emphasizes ERC20 tokens, because most projects use this chain, but with this protocol, can tokens from other chains such as EOS, Tron or XLM be used?
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?
In order to use any tokens from the ERC20 chain, it must be associated with UniSwap, right? If so, is Unilend associated with UniSwap? or how will you get the information of the ERC20 tokens?
What really are the characteristics that will provide the $ UFT tokens with an upward trend in the market? just giving it the utility of being used as gas in Unilend?
On their website they say that “Any ERC20 token can be listed without any entity controlling the listing process”, does this really increase the probability that new SCAM tokens will develop and harm investors? UNILEND supports this?
What really is the mission and vision of this Unilend project? simply develop a fully decentralized protocol that provides greater liquidity to its users without the need for permissions and restrictions?
Is it really preferable to request loans in projects with DeFi finances like Unilend than to request them in a banking institution? do you get more benefits and fewer requirements? or what?
Permission-less listing. Sounds very promising. Tell us in more detail what this means?
Unilend does have many positive aspects, my question is what is the strategy that unilend is implemented to turn its entire market into DeFi?
I understand that more than 6000 assets are not integrated into markets, how does Unilend integrate it and cover this demand?
As unilend is supporting more than 6000 assets without permission, does it generate mistrust in the users? Does it generate any security problem?
The greatest threats to DeFi is that of Security, so can you explain how secure your are, do I need KYC to enjoy all the awesome features of unilend
2. The biggest barrier for newcomers in crypto is buying and withdraw with FIAT, how secure and robust is your FIAT GATEWAY and what currencies are currently available locally?
As Being permissionless, doesn’t this imply that any one can do anything on YOU ECOSYSTEM AND thus expose you to security threats, sybil attacks and 51 % attacks as recently ETC experienced 51 Attacks and they are permissionless
Your Seed and Private funding rounds have been completed. How are the results? Have you received what you expected? Will the results change your future plans / roadmap (positively or negatively)?
You are DeFi, I am DeFi, others are DeFi, everyone is DeFi. Yes, DeFi has several advantages, but what value does DeFi add to Unilend? Why have you prefered being DeFi, was it a “must” for Unilend? What is your approach to DeFi in general?
How is UniLend different from the existing DeFi protocols?
You say, there will be spot trading option beside the main functionalities (lending/borrowing). Which trading pair are planning to have? Will that be with a stable coin or a known crypto token? Where will be the trade done?
What are the distinguishing advantages of Unilend compared to the competitors, such as Uniswap, Compound, AAVE, etc.?
Can you tell some about the governance of Unilend protocol? Who will be in charge of governing the system, what is needed to be eligible for being a team member?
What will be the use cases of UFT token in Unilend ecosystem?
Agricultural products and defi enjoyed this year
Are there any plans in this year or the future to create Yield Farming for Unilend Finance?
Community is essential to make an impact on more addictions.
How many communities do you have now local or global communities. What kind of support do you want from those communities?
On your site, I did not see any promises of fantastic profits. This is good in terms of trust in the project, but still you cannot do without numbers. I would like to know about tokenomics and, of course, how you can calculate the interest rate for any existing token
If there is no need permission in listing ERC20 token in Unilend, so what are the terms and conditions being applied? How does token being considered for listing in your platfom?
Can you explain more about the Liquidity of assets in loan and trading of Unilend platform? What is the use of having liquidity? How it will affect the principal amount of loan and its term?
What is the protocol of lending system in Unilend? Aside from lending, what other options and plan for Unilend holders in the future?
What is is the relationship of UniLend with Matic Network?
And does Matic Network have any feature that UniLend use?
Google translator defines the name of your platform as an Estonian word that means serene, calm. I see two words Uni – a tribute to the hype and referring to all the familiar Uniswap and Lend – credit. And what did you mean when you came up with the name UniLend?
How do you see Defi potential for UniLend right now!?
What role do you think UniLend will takes to makes defi better in global usage!?
Does UniLend have the right and legal regulation to run bussines in country where your project based?
UniLend Finance wants to combine the features of trading and lending in one single platform. How do you achieve this and why is this revolutionary and essential?
High Liquidity is very essential for low slippage in asset trading and loan exchange between lenders and borrowers. How does Unilend’s platform maintain this as your platform will provide access to 6000+ Ethereum-based assets and also how will you prevent Liquidity rug pull?
Explain, please, what is User Interface / User Experience? What features are available to the user and what would you personally recommend from this?
I have heard about government restrictions on crypto in India. How do you solve this problem?
Congrats on the successful completion of your seed and private fundraising rounds. How would you build a strong community base so they contribute to the long term success of Unilend?
Defi untapped market stands at $16.7B. 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?
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?
Tell us about your DAO protocol and what are the requirements to be a member? Why does Unilend utilizes a dual asset pool? How does it benefit the ecosystem
How is the interest rate that users will pay at the lending and borrowing stage determined and in which situations will the opportunity to open the functionality of their tokens for borrowing?
What issues will token holders have a say for governance?
Will you use the consensus and voting system for most of the protocol adjustments?
Can users contribute to liquidity provision by creating asset trading and credit on Unilend’s platform? On what conditions is it dependent on users to be able to receive fees for their liquidity pool shares?