UwU Lend (UWU) Coin Complete Detailed Review About UwU Lend

What Is UwU Lend (UWU)

UwU Lend (UWU) is a liquidity market that offers depositing and borrowing. Users earn interest on deposits and pay interest to borrow. This provides the ability to free capital against assets users are planning to hold for utilization in other investments, leveraging, or expenses. Outstanding loans have more collateral backing them than debt, known as overcollateralization. This eliminates risk of non-payment for depositors. The UwU treasury earns a small amount of fees to cover bad debt in the event of extreme volatility. Borrowers do not have a repayment schedule with no limit on loan duration.

UwU Lend (UWU) Point Table

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UWU Price Live Data

The live UwU Lend price today is $171.36 USD with a 24-hour trading volume of $352,790 USD. We update our UWU to USD price in real-time. UwU Lend is up 14.14% in the last 24 hours. The current CoinMarketCap ranking is #3151, with a live market cap of not available. The circulating supply is not available and a max. supply of 16,000,000 UWU coins. If you would like to know where to buy UwU Lend at the current rate, the top cryptocurrency exchanges for trading in UwU Lend stock are currently DODO (Ethereum), and SushiSwap. You can find others listed on crypto exchanges page.

Liquidity Market

UwU Lend is a liquidity market that offers depositing and borrowing. Users earn interest on deposits and pay interest to borrow. This provides the ability to free capital against assets users are planning to hold for utilization in other investments, leveraging, or expenses. Outstanding loans have more collateral backing them than debt, known as overcollateralization. This eliminates risk of non-payment for depositors. The UwU treasury earns a small amount of fees to cover bad debt in the event of extreme volatility. Borrowers do not have a repayment schedule with no limit on loan duration. UwU Lend is non-custodial; no user funds can be seized by the protocol.

How to Use UwU Lend

Connect to UwU Lend

Connect your wallet using the button in the top right corner. Multiple wallets are supported. If you do not have a wallet, you can go to install the popular MetaMask wallet on desktop. It will add a browser extension to connect to UwU Lend and other DeFi apps. The mobile version contains a built in browser inside the app. Your wallet must connect on the Ethereum network where the app resides to interact with UwU Lend.

Depositing into UwU Lend

Go to the Deposit section and select the asset you want to deposit. You will need to approve UwU Lend to access the asset you want to deposit if you have not done so before. Now you can deposit into UwU Lend and immediately begin earning interest based on protocol and borrowing demand. All deposits are approved collateral to take out loans if desired. Interest earned by deposits auto compounds the position with no need to harvest or claim rewards.

UwU Token

UwU is a revenue sharing token that provides returns to staked ETH-UwU LPs. Emitted UwU tokens vest for four weeks. Tokens may be claimed at any time before they are fully vested but will incur a 50% penalty for immediate release. LPs have a lock period of eight weeks. Users that stay staked in the protocol after the 8 weeks lock period, continue to earn yield in perpetuity until it is withdrawn.

LP Incentives

All revenue is shared with LP stakers. Yield derives from the variable interest rate borrowers pay, and penalties of UwU Token emissions due to early token claims. Stakers receive the same basket of tokens that UwU Lend supports (i.e. wBTC, wETH, DAI, MIM, etc.) Tokens begin accrual upon staking and can be claimed as often as desired without penalty. The LP position itself has a lock period of eight weeks and may not be withdrawn early. Note that frequent claims may incur high gas fees and significantly reduce effective APY depending on stake size.

Faq Of UwU Lend