DeFi Or decentralized finance has been the most trending topic of crypto in 2020. It is basically a term given to the financial services that have no central authority controlling them, unlike banks in which decisions are usually taken by a single pe...Morerson or a company. If you want a brief overview of DeFi click here. The current Ethereum based DeFi solutions like Compound, Aave, etc only involve a certain number of assets like Ethereum, Dai, Uni, USDT, etc, and act as a gatekeeper in allowing which assets to be part of their pool. These existing solutions have left behind a majority portion (more than 90%) of ERC-20 tokens despite them having amazing use cases. This is one of the major concerns when it comes to DeFi. There is a huge market opportunity for a project/protocol that can onboard all these left behind ERC-20 tokens into DeFi space in a decentralized and permission-less way
A quick snapshot of UniLend Finance ROI (return on investment) over different time periods.
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Check the historical data and price changes on Coingecko.com
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