A Novel Approach to Lending Pools is Being Introduced

Isolated Dual Asset Lending Pools

How Will The UniLend Dual Asset Pool model work?

  1. Alice has 10 ETH, and she wants ENS for farming and a position in USDT for a long. However, she is bullish on ETH 2.0 and doesn’t want to sell her bag.
  2. Alice deposits 5 ETH in ETH/ENS and ETH/USDT pools each & borrows ENS and USDT.
  3. If ENS spikes in price, and Alice is at risk of liquidation, then only 5 ETH allocated to ETH/ENS pool will be liquidated.
  4. The other 5 ETH in ETH/USDT pool is entirely safe from being liquidated.

CONCLUSION

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Bassey Saviour

Bassey Saviour

I’m a relatable life writer . Currently developing content for Web3, Defi and blockchain projects and communities.