UniLend is thrilled to announce that we have successfully closed our Seed and Private Sale funding rounds! The response has been incredible, leading us to quickly achieve the hard caps for both rounds, totalling $3.1M in investment. In the process, we have built a strong network of early supporters to contribute to the long-term success of UniLend.
Our funding rounds attracted the attention of some of the industry’s heaviest hitters, including Woodstock Fund, Signal Ventures, 3Commas, Danish Chaudhry (Head of Bitcoin.com Exchange), Jay Putera (Partner at CryptoBriefing.com), TRG Capital, BTC12 Capital, AU21 Capital, Youbi Capital, TomoChain, Bidesk, Bibox, Tenzor Capital, and Sandeep Nailwal (Co-founder of Matic Network).
We’re inspired to see that our vision for a new era of inclusive DeFi has resonated with the highest calibre of seasoned investors and industry players.
The successful completion of our Seed and Private fundraising rounds is an important step in the journey of UniLend. Aside from establishing a solid initial base of token holders and supporters, our Seed Round and Private Sale investors have been selected based on the value which they will be contributing to the long-term success of UniLend.
These contributions include assistance with listing a broad initial base of tokens on UniLend with initial liquidity through their relationships with prominent projects, liquidity bootstrapping for a smooth user experience from the early days of the platform, and global and regional marketing efforts to generate awareness of our platform and our mission worldwide. With the expertise of the core team and support from our early investors, UniLend is in an extremely strong position to disrupt the DeFi market.
The next major steps in UniLend’s journey are our public token distribution event and platform launch, both of which will take place in October.
Onwards to a new DeFi paradigm
As a decentralized protocol, community governance is a central aspect of UniLend. A number of factors relating to the proper functioning of the protocol, such as the collateralization ratio for specific assets, addition of base pairs etc. will be decided by UFT holders via proposals which require majority consensus to be implemented.
Public distribution of UFT is designed to facilitate the broad distribution of governance power for the UniLend platform and to foster the growth of a large initial supporter base. Our public distribution event will take place in October, along with the launch of the UniLend platform. We’re excited to announce the full details soon!
There’s already a lot of interest in UniLend from the wider community and the media, and our outreach efforts will begin to ramp up heavily soon. We’ve also partnered with industry-leading blockchain marketing and consultancy firm Lunar Digital Assets to accelerate our efforts to bring the word of UniLend to the entire crypto ecosystem and beyond. Strap yourselves in.
We believe the next evolution in DeFi is the inclusion of not only any participant, but the inclusion of any asset which users wish to utilize for DeFi. UniLend is making this a reality, and our progress on all fronts is going strong. This is the calm before the storm; our journey has only just begun. Together with our strong community and partner network, we’re well on the way to unlocking the true potential of decentralized finance.
Chandresh Aharwar, UniLend Co-Founder & CEO
The UniLend team would like to thank our community for your incredible support thus far, and we remain at your disposal should you have any questions. Don’t hesitate to reach out to us!
Website: https://unilend.finance/
Telegram community: https://t.me/UniLendFinance
Announcements channel: https://t.me/UniLendAnnouncement
Twitter: https://twitter.com/UniLend_Finance
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