WazirX listed Unilend (UFT) earlier on Wednesday on both USDT and INR markets. In other words, we are be able to purchase, sell, and trade UFT in WazirX’s INR/USDT market. As always it is with a new listing, UFT comes with a giveaway of over $16000 and we will learn how users can win it in this article.
Contents
UNILEND Basics
UniLend is a permission-less DeFi protocol that combines spot trading services and lending/borrowing functionality within the same platform. Current DeFi protocols support a limited number of assets, anyone can list any ERC20 asset on UniLend for decentralized trading and lending/borrowing. UFT token is UniLend’s native governance token; holders of UFT can create proposals for, and vote on, a number of factors relating to the functioning of the protocol.
UniLend is one of the few India based DeFi Projects co-founded by Chandresh Ahlawar, the former marketing head at Polygon (Matic)
Here are some UFT stats (as of April 08, 2021):
- Trading Price (past 24 hr): $2.95 USD
- Global Market Cap (past 24 hr): $73,863,167 USD
- Global Trading Volume (past 24 hr): $13,334,960 USD
- Circulating Supply: 25,557,500 UFT
- Total Supply: 100,000,000 UFT
What does the UFT Listing on WazirX Enable?
UFT is listing on WazirX with deposits and withdrawals open for all.
- Deposits – Participants can deposit UFT from another wallet to WazirX.
- Withdrawals – Participants can withdraw UFT from their WazirX wallet
- Trading – Participants can buy, sell, trade UFT in their USDT and INR market.
Giveaway Schedule
- Wednesday, April 07: AMA with Vishal Kothari (Community Lead) and Ayush Garg (Marketing & Operations Lead). Learn everything about UFT and win total prizes of $150.
- Thursday, April 08 – Saturday, April 10: 48-hour long Highest Trader Kaun Marathon with prizes of INR 572750 ($7500) worth UFT for top 150 traders.
- Thursday, April 08: UFT Quiz in WazirX Telegram group with prizes of $500. Show off your UFT (Unilend) knowledge in a fun quiz session & win.
- Friday, April 09: UFT trivia contest on WazirX Instagram page with prizes of $50. Learn interesting trivia about UFT, Unilend & win.
- Thursday, April 15 – Saturday, April 17: 48-hour long Highest Trader Kaun Marathon with prizes of INR 572750 ($7500) worth UFT for top 150 traders.
AMA with Unilend
The AMA with Vishal Kothari (Community Lead) and Ayush Garg (Marketing & Operations Lead) completed on April 07, 2021 with users earning a giveaway of $150. There will be a new listing soon.
Giveaway:
$100 for top 10 questions selected from Twitter.
$50 for top 5 live questions from Telegram group.
Highest Trader Kaun Marathon: UFT/INR
Highest Trader Kaun Marathon welcomes participants with prizes for the top 150 traders and with more opportunities to win. This time there are two of them.
What’s the latest in the contest?
- The first trading contest is from Thursday, April 08, 9 AM to Saturday, April 10, 9 AM IST.
- The second trading contest is from Thursday, April 15, 9 AM to Saturday, April 17, 9 AM IST.
- Each contest will be run non-stop for 48 hours.
- Total prize of INR 11,45,500 (~ $15,000 USD) worth UFT, prize is of INR 5,72,750 (~ $7500 USD) worth UFT per contest. Participants can win rewards based on their trading performance for the entire 48-hour long trading contest marathon!
Contest 1 timing: Thursday, April 08, 9 AM to Saturday, April 10, 9 AM IST (non-stop)
Contest 2 timing: Thursday, April 15, 9 AM to Saturday, April 17, 9 AM IST (non-stop)
How can participants take part in the contest and win?
Winners will be determined on the basis of the volume of UFT traded in the WazirX’s INR market.
What are the prizes?
Prizes for top 150 traders in the contest:
| Trader Rank | Prizes/person (UFT) | INR worth |
| 1 | 665.99 | 1,14,550 |
| 2 | 399.59 | 68,730 |
| 3 | 233.1 | 40,092.8 |
| 4 – 10 | 133.2 | 22,910 |
| 11 – 15 | 66.6 | 11,455 |
| 16 – 20 | 33.3 | 5,727.5 |
| 21 – 25 | 19.98 | 3,436.5 |
| 26 – 30 | 9.99 | 1,718.25 |
| 31 – 150 | 3.75 | 644 |
Instagram Trivia Contest
Participants can find how much they know about Hedera Hashgraph, through the Unilend trivia contest.
When: Friday, April 09, 12 PM IST
Where: instagram.com/wazirx
How to participate:
- Follow WazirX on Instagram: instagram.com/wazirx
- WazirX will share 5 questions on their Instagram Story
- Participants have to choose the right answer
Giveaway:
One winner will be chosen from every question from all the correct answers and will win 4.44 UFT.
Unilend Quiz
WazirX is arranging an exciting quiz about Unilend and UFT. Participants can show off their UFT knowledge and win prizes.
When: Thursday, April 08, 6 PM IST
Where: http://t.me/wazirx_discuss
Reading resources:
- https://research.binance.com/en/projects/unilend
- https://unilend.finance/
- https://blog.wazirx.com/unilend-on-wazirx-grand-uft-giveaway/
How to participate:
- Join the WazirX Discuss group on Telegram: t.me/wazirx_discuss
- Participants will be given a total of 10 questions.
- Participants need to choose the correct answer as quickly as they can
Giveaway:
1st place: $100
2nd – 5th place: $25 each
6th – 10th place: $20 each
11th to 20th place: $10 each
Note: For the entire giveaway, UFT price will be considered at $2.2523, i.e., INR 172 and all prizes will be distributed by May 03, 2021.
Happy Trading!
Previous WazirX Listing and Giveaways:
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