UNB
-99.97%
($5.86 M)
17.64%
15.00%
8.00%
7.00%
6.00%
5.56%
4.00%
3.34%
3.31%
2.52%
Unbound Finance, the platform behind UNB, operates as a decentralized, non-custodial entity, pioneering a derivative layer over automated market makers (AMMs). This approach has the potential to enhance capital utility within the DeFi space, allowing traders to contribute liquidity into the decentralized exchange (DEX) liquidity pool and stimulate trades across AMM platforms using additional stablecoins. The platform also accepts liquidity pool (LP) tokens as collateral, enabling traders to mint an equivalent amount of UND (Unbound stablecoin). They trade for accurate asset valuations by employing specific price oracles like the Time Weighted Average Price (TWAP) from a prominent decentralized exchange and Chainlink and manage a "block limit lock mechanism" to counteract potential protocol risks. They also maintain an insurance fund termed SAFT (Secure Asset for Unexpected Events) to create a safety buffer for collaterals in unpredictable downturn scenarios. Additionally, Unbound calculates an interest charge for loans assumed by liquidity providers and offer repayment opportunities throughout UND or uETH (Unbound Ethereum). Unbound also fosters partnerships with other projects to construct cross-chain bridges for easier transfers of UND and synthetic assets. Their features, such as cross-chain functionality, decentralization, and UND, an ERC-20 stablecoin supported by user deposits, stand out. Furthermore, traders can choose to utilize LP tokens to increase their UND earnings. Unbound prioritizes security by conducting routine audits of its protocol, indicating a commitment to reliable operations. In its quest to improve capital efficiency and offering collateralization options, Unbound operates in the significant landscape of DeFi, alongside numerous other groundbreaking initiatives.
Traders can purchase UNB via Flooz.xyz, ensuring a streamlined process and a secure trading experience. Flooz.xyz offers a one-stop solution to buy this token, using a smooth checkout, without the need to own a wallet. Tap tap go! All payment methods are supported. Using Flooz self-custodial web wallet, you ensure seamless UNB transactions, including storing, sending, and receiving tokens. You can create a self-custodial wallet directly on Flooz using your email, Google, and Apple ID in a matter of seconds. This also guarantees that you have access over your funds at all times, thanks to the power of cryptography. Flooz.xyz aggregates more than 50+ providers to ensure you with the fastest and cheapest payment routes for your trades. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz.
UNB Metrics:
Current price: $0.0008
Market cap: $8.09 M
All-time high: $0.28 (Dec 14, 2021)
All-time low: $0 (Sep 28, 2023)
Daily trading volume: $119.23
In the last 24h, UNB holders generated $119.00 volume.
3.59 k
We estimated the value of this pool based on the value of its stable/native coins.
Top pools
UNB / USDC
$1.26 k / $2.34 k