Just completed its 2nd birthday anniversary event where $ 50,000 USDT was distributed to commemorate its two years of operations, ProBit Exchange has not missed a beat with the announcement of its next secondary market ProBit Exclusive Lite for UniLend after completing 4 successful campaigns in November.
The Exclusive Lite Event with UTF begins on December 9 at 11:00 KST, with an allocation of $ 10,000 available to all subscribers via PROB tokens during the 24-hour period.
Following UFT’s official listing on the ProBit Exchange markets, the newly forged partnership seeks to duplicate the success of previous exclusives that were able to achieve annualized returns of over 4,000% for equally esteemed tokens such as ETN, BLZ, ONE, ARK, and SWINGBY.
With a foundation built on permissionless listings and the first to combine decentralized lending, borrowing, spot trading and custom guarantees, UniLend is poised to disrupt the DeFi industry with a competitive advantage focused on the $ 29 billion market opportunity represented by the total market capitalization of ERC-20 assets lacking DeFi channels.
UniLend successfully hit the caps for both seed sale and private sale en route to raising $ 3.1 million to drive cash flow and initial tokens.
UniLend has also integrated synthetic assets through its partnership with OpenDeFi to expand its already lofty aspirations with another $ 15 trillion market opportunity represented by the growing real asset-backed token sector.
ProBit Exchange users can now purchase UFT governance tokens to accrue compound interest with 0.3% of AMM’s trading fees as liquidity providers. The partnership will provide a funnel for UniLend to onboard ProBit’s approximately 800.00 monthly users with interoperable DeFi access across all ERC-20 tokens.
UniLend Governance Dao rights are also granted to all UFT holders, while holders representing 1% of the tokens or voting power can also create proposals for all holders to vote on in an ongoing effort to improve the main features.
A unique compound liquidity farming feature called fusion farming is expected to launch in the first quarter of 2021. This will allow liquidity miners to accumulate both UFT and the specific pool token for exponentially higher earning potential and higher margins. debt / loan.
UniLend also features separate asset pools to minimize the risk exposure associated with multiple asset pools to provide an easy-to-use gateway to the thriving world of yield farming.
The team has revealed details on its upcoming Alpha release to fine-tune lending and borrowing mechanisms ahead of its official launch in Q1 2021. UFT recently hit a new ATH of 0.904 following a 150% increase from its November price. of approximately 0.84 in the expected valuation after the launch of its ProBit Exclusive on December 9th.
UniLend is a permissionless DeFi protocol that combines spot trading services and borrowing / lending functionality within the same platform. While other DeFi protocols support only up to 30 assets, anyone can list any ERC20 asset in UniLend for decentralized operations and borrowing / borrowing.
About ProBit Exchange
ProBit Exchange is a global Top 20 crypto exchange in real daily trade volume that has successfully completed more than 200 rounds of IEO. ProBit Exchange also has more than 900 trading pairs, one of the highest on the market.
During the month of December, a special ProBit Cup event is running with 10,000 USDT for the 20 main total points in which users can accumulate points by buying and betting the native ProBit token PROB.
ProBit Exchange key figures
- + 100,000 community members
- + 800,000 monthly active users
- + 3,000,000 monthly web visitors
- + 50,000,000 users in wallets and associated aggregators such as CoinMarketCap
- Global reach in 8 languages and key markets provided
- Multilingual website with 41 different languages
Join our active programs and get a multitude of benefits!