PRESS RELEASE

WazirX to Initiate UniLend Trading And Host a Grand Giveaway!

Highlights

    WazirX and UniLend have partnered and the trade is scheduled to begin shortly in USDT and INR market

    Numerous activities will be held and the winners will be awarded with a Grand Giveaway of UFT tokens

UFT Trading on WazirX

UniLend, the permissionless DeFi protocol is all set to be listed on the WazirX platform on Wednesday, 07 April 2021. The WazirX tribe can now buy, sell and trade UFT in the INR and USDT market. 

To mark the partnership and beginning of trade, WazirX and UFT will host many activities and giveaway rewards

  1. AMA with Vishal Kothari and Ayush Garg on 7th April 2021

An Ask-Me-Anything(AMA) session will be held with Vishal Kothari, the Community Lead and Ayush Garg, Marketing & Operations from UniLend team will be the guests.The contest will be held on the official Telegram Group of WazirX

Both will be asked 10 questions crowdsourced from Twitter followers of WazirX about UFT. The group will be unmuted for the last 10 minutes and the guest will be answering live questions as much as possible.

Top 10 questions from Twitter will be rewarded $100 and top 5 questions from the Telegram group will be rewarded with $50.

  1. Highest Trader Kaun Marathon From 8th April to 10th April 2021 and 15th April to 17th April 2021

Highest trader kaun contest will be held but with some new updates. So what’s new in this contest?

  • This time, 2 Highest Trader Kaun Contests will be held
  • Each contest will be held for non-stop 48 hours
  • An individual can participate in either or both the contest, any time in between contest duration
  • For each contest, a total prize of INR 5,72,750 or nearly $7500 worth UFT will be rewarded to the winners. 

The first contest will be held from Thursday, 8th April, 9AM to Saturday, 10th April, 9AM IST 

The second contest will be from Thursday,15th April, 9AM to Saturday, 17th April, 9AM IST

Therefore, a total of INR 11,45,500 or approximately $15000 worth UFT will be rewarded to the winners.

The distribution of prizes is as follows:

  1. Quiz Contest on 8th April 2021

A fun filled quiz session will be held on the official telegram group of WazirX on thursday 8th April at 6 PM IST. The participants are required to join the Telegram group where-in a total of 10 questions will be asked. The participant needs to just answer the correct one. 

The rewards will be given as follows:

  • 1st Prize: $100
  • 2nd to 5th Prize: $50 Each
  • 6th to 10th Prize: $20 Each
  • 11th to 20th Prize: $10 Each
  1. Trivia Contest on 9th April 2021

A UFT Trivia Contest will be held on the official Instagram Page on Friday 9th April at 12 PM IST. The participants are required to follow WazirX on instagram where-in 5 questions will be shared on instagram story. The participants should choose the correct answer. For every question, one lucky winner from all correct answers will win 4.44 UFT. 

About UniLend (UFT) 

Unilend is a permission-less DeFi Protocol that combines spit trading and lending or borrowing on the same platform. The platform allows anyone to list any ERC-20 decentralized token for trading, lending and borrowing. 

UFT is the native token of Unilend primarily used to facilitate governance of UniLend protocol. The UFT holders have the authority to decide the proper functioning of the protocol and major decisions related to the platform. 

Technical Specifications of UFT

  • UFT price(At the press time) :$2.50
  • Global Market Capitalization: $38,384,847
  • Fully diluted market cap:$250,320,175
  • Global Trading Volume: $7,134,483
  • Circulating Supply:15,334,300
  • Max Supply:100,000,000
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