PolkaCover has announced a partnership with UniLend Finance

UniLend is a permissionless decentralized system that uses smart contracts to connect spot trading and money markets with lending and borrowing services. UniLend users also have access to flash loans through their platform, which they can employ with any asset for unique use cases while maintaining liquidity.

UniLend users can now protect their custodial wallets with Wallet Hack Covers, which are available on Cover, the PolkaCover insurance marketplace. The cover will safeguard customers against hackers or other compromising scenarios on a centralized exchange, which may put users’ native token wallets in jeopardy. UniLend will also make its flash loans available on their platform for PolkaCover users.

About PolkaCover

PolkaCover is the world’s first DeFi insurance marketplace for the cryptocurrency community. PolkaCover tend to reduce the transactional and administrative expenses of insurance policies and coverage while also delivering high-value, low-cost insurance products purchased using a variety of cryptocurrencies.

Users will be able to interact with transnational insurance providers for all types of global insurance products, including crypto-related protection, health, life, and travel plans, through our platform. A seamless insurance marketplace experience with next-generation blockchain technology and tokenized incentives will be part of the platform.

About Unilend Finance

UniLend is a permissionless DeFi protocol that integrates spot trading with lending/borrowing features on a single platform. We’re allowing new and creative DeFi technologies to use this capability.
UniLend’s aim is to expand the DeFi space by bringing in the rest of the ERC20 token ecosystem and beyond, as evidenced by their tagline “unlocking the real potential of decentralized finance.”