UwU

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.

UwU Lend has evolved from AAVE, the largest lending and borrowing market on Ethereum.

AAVE’s contracts have been thoroughly audited and battle tested so users can have confidence in using UwU Lend. The UwU Lend protocol has no DAO or governance friction of any kind. Protocol earnings are paid directly to UwU Lend stakers in the form of a basket of assets the protocol supports.