WazirX the largest and most trusted cryptocurrency exchange of India lists another DeFi protocol. This time it’s UniLend (UFT) which is a permission-less DeFi protocol.
The trading of UniLend (UFT) is live on WazirX in its INR and USDT market from Wednesday, 7th April 2021. Users can now buy, sell and trade UFT in UFT/INR and UFT/USDT trading pairs.
Listing of UniLend is not under the Rapid listing initiative so users are allowed to deposit and withdraw. UFT can be deposited from another wallet to WazirX, can be withdrawn from WazirX wallet to any other wallet and can buy, sell, trade UFT in USDT and INR market.
As UniLend is now listed on WazirX so they have partnered for a grand UFT giveaway. In this giveaway, there is a chance to win $15,700 worth of UFT.
WazirX – UniLend (UFT) Giveaway
Let’s have a look at the various contests in which users can take part and win prizes.
Giveaway Schedule
Wednesday, 7th April: AMA with Vishal Kothari (Community Lead) and Ayush Garg (Marketing & Operations Lead) and win total prizes of $150.
Thursday, 8th April — Saturday, 10th April: 48-hour long Highest Trader Kaun Marathon with prizes of ₹5,72,750 ($7,500) worth UFT for top 150 traders.
Thursday, 8th April: Quiz in our Telegram group with prizes of $500.
Friday, 9th April: Trivia contest on WazirX Instagram page with prizes of $50.
Thursday, 15th April — Saturday, 17th April: 48-hour long Highest Trader Kaun Marathon with prizes of ₹5,72,750 ($7,500) worth UFT for top 150 traders.
AMA
A live AMA is scheduled for Wednesday, 7th April, 5 PM IST with Vishal Kothari (Community Lead) and Ayush Garg (Marketing & Operations Lead). Here you can learn almost everything about UFT and win prizes of $150.
If you wish to participate in this AMA do join the official WazirX Discuss telegram channel.
Highest Trader Kaun Marathon: UFT/INR
WazirX is organizing the two highest trader kaun marathon contests for UFT/INR trading pair. The 1st one will be from Thursday, 8th April, 9 AM — Saturday, 10th April, 9 AM IST and the 2nd one from Thursday, 15th April, 9 AM —Saturday, 17th April, 9 AM IST.
Here users can participate at any time and can win a total of ₹5,72,750 (~ $7,500 USD) worth UFT for each contest. The prizes will be based on the total traded volume in the 48-hour long trading contest marathon.
Trader Rank
Prizes/Person (UFT)
INR Worth
1
665.99
1,14,550
2
399.59
68,730
3
233.1
40,092.8
4 – 10
133.2
22,910
11 – 15
66.6
11,455
16 – 20
33.3
5,727.5
21 – 25
19.98
3,436.5
26 – 30
9.99
1,718.25
31 – 150
3.75
644
Quiz
A quiz is organized where you can earn $500 worth of UFT for answering. This contest is scheduled for Thursday, 8th April, 6 PM IST in the official WazirX Discuss telegram channel.
You can refer this reading resources to stand a chance to win:-
This contest is scheduled for Friday, 9th April, 12 PM IST on the official WazirX Instagram page. A total of 5 questions will be shared on the Instagram story, choose the correct answer and win prizes.
About UniLend (UFT) DeFi Protocol
UniLend is a permission-less decentralized protocol that combines spot trading services and money markets with lending and borrowing services through smart contracts.
Unilend is supporting and offering comprehensive functionality for a vast range of digital assets. Here are some of the key elements of the UniLend Protocol.
Permissionless listing
Lending & borrowing
Trading
Governance
Liquidity
Native Utility Token
UFT is the native ERC-20 native utility token of the UniLend platform having multiple use-cases within the UniLend ecosystem.
Governance
Staking and Yield Farming
Discounted Transaction Fees
The current circulating supply of UFT tokens is 25,557,500 while the total supply of UFT is 100,000,000 tokens.
Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.
