FRAX

UwU Lend is a liquidity market that offers depositing and borrowing services. You can earn interest on deposits and pay interest to borrow crypto assets. This lets you free up capital you plan on holding so you can use it elsewhere, such as in other investments, leverage trades, or paying for expenses. Outstanding loans are overcollateralized, so they have more collateral backing them than debt.

When the utilization rate exceeds 100%, you won't be able to withdraw your crypto. The utilization rate is the amount borrowed to the total amount of funds available for borrowing. Therefore, you'll be able to withdraw when the utilization rate falls below 100%.

uToken will be given to you as a confirmation of your deposit. Based on deposit yields, these tokens can be redeemed for a growing number of underlying tokens.