UniLend x Rocket Vault Collaboration

Published on: 13.08.2021
UniLend x Rocket Vault Collaboration

Rocket Vault is collaborating with UniLend to enable Rocket Vault community to Lend $RVF to the lending pool and earn amazing rewards in $RVF.

🔹Here is a step-by-step guide on how-to Lend $RVF using UniLend platform:

  1. Go to https://app.unilend.finance/lend
  2. Connect to wallet on Polygon network and Select RVF from the drop down. If RVF is not available add custom token with token contract: 0x2ce13e4199443fdfff531abb30c9b6594446bbc7
  3. Choose the amount you want to add to lending pool and approve. Please note this is a 2 step process. Complete both the steps and you will see the tx hash link in the pop-up once the tokens are added to the lending pool.
  4. UniLend platform enables flash loans on the lending pool and generates revenue by charging a 0.05% on the flash loans. 70% of the platform fee is airdropped to the contributors of the lenidng pool in $RVF.
  5. Rocket Vault team also adds rewards to the rewards pool, which is then rewarded to the contributors of lenidng pool in real time.
  6. After adding $RVF go to the “Redeem” to check rewards and APY in real time: https://app.unilend.finance/redeem

About Rocket Vault

Rocket Vault is the one-stop solution for simplifying crypto value investing. The Smart Vault uses advanced AI & ML to maximize returns and minimize losses to generate highest APY.

About UniLend

UniLend is a permission-less decentralized protocol that combines spot trading & money markets with lending & borrowing services.

đź“° INFO:

https://rocketvault.medium.com/lend-rvf-and-earn-amazing-rewards-on-unilend-cc0db32d19fa

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