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Binance Will List UniLend (UFT) in the Innovation Zone

2021-02-23 05:30
Fellow Binancians,
Binance will list UniLend (UFT) in the Innovation Zone and will open trading for UFT/ETH and UFT/BUSD trading pairs at 2021-02-23 9:00 AM (UTC). Users can now start depositing UFT in preparation for trading.
What is UniLend (UFT)?
UniLend is a permissionless DeFi protocol that combines spot trading services and money markets with lending and services through smart contracts. UniLend simultaneously enables any ERC-20 token to be utilized as collateral for lending and borrowing whilst providing users the ability to also trade their assets in-platform. Users can correspondingly earn fees in proportion to their liquidity pool stake through liquidity provision.
The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.
Before being able to trade in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.
UFT is a relatively new token that poses higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, that you have done your own research in regards to UFT’s fundamentals and fully understand the project before opting to trade.
UFT Listing Fee: 0 BNB.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
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