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UniLend Finance & Mobius Finance Collaborate to Disrupt Money Markets in DeFi

Table of Contents

Announcements / Blog / DeFi

UniLend Finance & Mobius Finance Collaborate to Disrupt Money Markets in DeFi

UnilendFinance

By UnilendFinance

9 months ago
2 mins read
UniLend Finance & Mobius Finance Collaborate to Disrupt Money Markets in DeFi

Table of Contents

Introduction

Our collaboration with Mobius Finance will enable UFT token HODLers to mint moUSD using UFT as collateral. We are proud to be the first project to support their “Collateralise Everything” campaign.

This partnership will be mutually beneficial to both parties as:

  • Once integrated onto Mobius Finance, the protocol will allow users to trade multiple assets (including Stocks, ETFs, and Forex Markets) with zero slippage.
  • moUSD will be integrated into UniLend Finance Omnis after launch, allowing borrowing and lending of the stablecoin.
  • No fees are charged by the platform for both minting and burning (borrowing and paying back your debt)

moUSD

The moUSD token is a stablecoin issued through Mobius Finance, all moUSD in circulation are minted against collateral in order to maintain its 1–1 dollar peg.

UniLend OMNIS
UniLend Finance Version 2 (OMNIS) is more than just an incremental update — it marks a significant evolutionary milestone for UniLend. It enables users to list a token on the protocol and straightaway access the DeFi services without any barriers.

About UniLend Finance

UniLend is building a permissionless! DeFi Base Layer for Lending, Borrowing, Flash Loans, Tokenization of Money Market positions.

About Mobius Finance

Mobius Finance is the first multi-collateral synthetic platform on Polygon that can create and trade any asset, including off-chain stocks, ETFs, and commodities; powered by our risk control algorithm, we allow users to trade any asset with zero-slippage and low fees.

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