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UwU Lend is a liquidity market that offers depositing and borrowing. Users can earn interest on their deposits and pay interest when borrowing. This platform allows users to unlock the capital tied up in their assets for other investments, leveraging, or expenses. The loans provided have more collateral than the debt, ensuring overcollateralization and minimizing the risk of non-payment for depositors. Additionally, the UwU treasury collects a small fee to cover bad debts during extreme market volatility. Borrowers enjoy the flexibility of no repayment schedule and no limit on loan duration. UwU Lend is a non-custodial platform, ensuring that user funds cannot be seized by the protocol.
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What is UwU Lend?
UwU Lend is a liquidity market that allows users to deposit and borrow funds. By depositing, users can earn interest, while borrowers pay interest on their loans. This platform enables users to unlock the value of their assets for other investments, leveraging, or expenses. To ensure the safety of deposits, loans are overcollateralized, meaning there is more collateral than debt. This eliminates the risk of non-payment for depositors. In case of extreme volatility, the UwU treasury collects small fees to cover bad debt. Borrowers have no repayment schedule and there is no limit on loan duration. UwU Lend is a non-custodial protocol, ensuring that user funds cannot be seized.
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