📢 Partnership Announcement
DeSpace x Unilend Partner Up
We’re incredibly excited to announce our formal partnership with Unilend!🔥 For those unfamiliar, Unilend is a permissionless decentralized protocol that combines spot trading services and money markets with lending and borrowing services through smart contracts.
Together, Unilend and DeSpace aim to bring DeFi and all of it’s benefits to an even wider audience than ever before.
Unilend will also partner with DeSpace to release limited edition NFTs 🤑 that will have mining utility within the DeSpace ecosystem. And this is just the beginning: read on to learn more about how Unilend and DeSpace plan to complement each other’s offerings.🙏
🚨 Limited edition NFT run 🏃
We’re honored to be hosting the auctions for a limited run of Unilend NFTs on our very own DeSpace NFT marketplace. Be assured, these are not your regular NFTs. Aside from inheriting the interoperability benefits of our ecosystem and just looking awesome, Unilend NFTs will be able to be staked on DeSpace to mine our native DES token. In the coming weeks we will provide further information on the exact staking rewards as well as a preview of some of the artwork displayed on the NFTs themselves.
💥 The auction will be open exclusively to UFT holders, with specifics on the exact amount required to be announced soon.
Expanding token utility 📈
Both DES and UFT tokens will gain even more utility thanks to this exciting partnership. Once launched, DES holders will be able to lend their tokens through Unilend’s decentralized platform, and eventually borrow as well once this feature goes live. This opens up further opportunities for DES holders to leverage their investments in the exciting world of DeFi.
We’re also proud to announce that UFT will be one of the very first tokens tradable on DeSpace’s soon to be released DEX. This will provide great opportunities for both DeSpace and Unilend community members to earn rewards for providing liquidity on our low-fee AMM DEX.
AMAs 🗣
We’ll be hosting AMAs in each other’s Telegram groups so that both the Despace and the Unilend communities can learn more about each of the respective projects. These AMAs will begin with questions from the teams and then we’ll open the floor to questions from the community.
The AMA in Unilend’s community will be held on the 18th of September @ 11:00am UTC and the specifics of when DeSpace will host Unilend will be announced through Telegram soon so make sure you’re in both of our DeSpace Telegram groups (community and announcements), as well as Unilend’s. These AMAs will be unmissable community events, and to thank you all for joining us there will potentially be prizes up for grabs for the best community questions.
Once again, we’re extremely excited about this formal partnership and the value it will bring to both of our amazing communities. We’re proud to have our name alongside Unilend’s and we’re excited to grow with them and work further with their team. See you at the AMAs!
The DeSpace Team 🚀
Learn more about DeSpace Protocol👇
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