About the coin

UwU Lend is a liquidity market designed to facilitate depositing and borrowing activities. It allows users to earn interest on their deposits while paying interest when borrowing. This system provides users with the ability to free up capital against assets they plan to hold, enabling utilization in other investments, leveraging, or covering expenses.

Main features

One of the key features of UwU Lend is its overcollateralization model. This means that outstanding loans have more collateral backing them than the debt itself, effectively eliminating the risk of non-payment for depositors. Additionally, the UwU treasury earns a small amount of fees to cover potential bad debt in the event of extreme market volatility.

How it works

UwU Lend operates on a non-custodial basis, ensuring that no user funds can be seized by the protocol. Borrowers using UwU Lend do not have a repayment schedule, and there is no limit on the duration of loans. This flexibility allows users to manage their financial activities without the constraints of traditional lending systems.