UniLend is the Next Leading Protocol Being Integrated into DeFi Aggregator Plasma Finance

in hive-157073 •  4 years ago 





TL;DR

  • Plasma Finance is joining the UniLend ecosystem by adding UniLend to their DeFi services aggregator

  • UniLend’s DEX rates and liquidity pool yields will be visible on the Plasma Finance interface, providing useful data for both regular users and liquidity providers

  • This will enable UniLend liquidity providers to easily optimize their yields while attracting new users to UniLend

  • Plasma Finance provides a Flash Rebalancer which will allow UniLend liquidity providers to move their funds to different pools in a seamless and cost-effective manner

  • Our integration with Plasma Finance is a step towards optimizing the experience of all UniLend ecosystem participants


As the DeFi ecosystem continues to expand and mature, aggregators are becoming an increasingly important component for bringing the best opportunities in front of the eyes of the growing DeFi community. Plasma Finance is one such solution which is beginning to gain huge traction. Plasma Finance is a platform which aggregates the most popular DeFi protocols in one place with the aim to simplify and democratize the DeFi market and lower the barriers to entry.


We’re therefore thrilled to announce that UniLend will be joining the ranks of other leading DeFi protocols including Uniswap, Balancer, Curve and PancakeSwap as the next major protocol to be integrated into Plasma Finance’s platform. This will enable UniLend liquidity providers to seamlessly optimize their yields while greatly increasing the exposure of UniLend to the growing DeFi community, providing an on-ramp to accelerate the adoption of UniLend.


In particular, Plasma Finance’s unique DEX aggregator will enable UniLend liquidity providers to easily maximize their yield generation while bringing more DeFi users to UniLend.



Innovative DEX Aggregator Catering to All Ecosystem Participants

There are currently several DEX aggregators in the DeFi space, however most tend to exclusively focus on the price of tokens on different protocols in comparison to one another in order to demonstrate the best trading rates. While this is certainly valuable for those wishing to swap/trade tokens, there are far fewer such aggregators for liquidity providers wishing to browse yield rates across protocols.


Plasma Finance has created a new unique DEX aggregator that caters to both regular users and liquidity providers within the same interface. In addition to the ability to browse the best trading rates between protocols, Plasma Finance’s DEX aggregator also provides users with real-time data that shows them yield rates for various liquidity pool pairs on different protocols. Data pertaining to the yield rates on AMMs is still a relatively new service in DeFi, and one which we believe our users will find extremely valuable.


UniLend’s integration into Plasma Finance’s DEX aggregator will allow UniLend users to be able to easily view the yield rates for all liquidity pool pairs on UniLend. UniLend liquidity providers will therefore be provided with the data to be able to take advantage of the best yield rates available on UniLend.


In addition, our integration into Plasma Finance’s aggregator will bring more awareness and adoption to UniLend from both regular users and liquidity providers looking to take advantage of the best DeFi opportunities.



Creating a Seamless User Experience for DeFi 2.0

UniLend is not only a next-gen protocol offering the industry’s most comprehensive suite of DeFi services; we’re also an ecosystem of participants coming together to power DeFi 2.0. Liquidity providers and regular users alike are critical components of our success. It is therefore a key focus of ours to create a seamless user experience for all participants. 


Collaborating with Plasma Finance and integrating UniLend’s services into their platform is a big step on this front. Plasma Finance will provide the necessary data for UniLend’s liquidity providers to take full advantage of our protocol and find the LP pools that generate the best yields. The ease and convenience of having the data of the best yield pools available in real time is something the community can look forward to. 


In addition, our integration will bring a new avenue of awareness generation from Plasma Finance’s growing user base. Their users will be able to see the opportunities available on UniLend, both in terms of our comprehensive DeFi services and our attractive liquidity provider yields. With greater awareness comes more adoption.


We invite you to join us as we take the DeFi space by storm. As a community first project, we always appreciate your input. Come by any of our social channels and let us know what you think about this latest update. Viva la decentralized finance revolution!


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