UNB
Unbound Finance
$0.0₅2119
0,00%
Unbound Finance
UNB
$0.0₅2119
0,00%
Unbound Finance Preisumrechner
Unbound Finance Informationen
Unbound Finance Märkte
Über uns Unbound Finance
Unbound Finance, founded by Tarun Jaswani, is a decentralized lending protocol on the DeFi market that allows users to borrow synthetic asset loans by pledging interest-bearing tokens with zero interest. It's designed to improve capital efficiency in the DeFi ecosystem by unlocking liquidity and facilitating its flow across different chains. The platform supports the collateralization of Uniswap v3 positions and provides liquidity to AMM LP tokens, issuing its own UND stablecoin.
The ecosystem uses two tokens: UND, a decentralized cross-chain stablecoin backed by user-provided collateral, and UNB, a governance token. UNB token holders can influence key protocol decisions, such as setting borrowing rates, modifying parameters, and managing asset collateralization. Unbound Finance aims to revolutionize DeFi by enabling the use of concentrated liquidity positions and LP Tokens as collateral for borrowing, with its native tokens playing crucial roles in governance and functionality.
Unbound Finance, founded by Tarun Jaswani, is a decentralized, cross-chain lending protocol in the DeFi space. It enables users to borrow over-collateralized synthetic asset loans at a 0% interest rate by pledging their idle interest-bearing tokens (ib tokens). These tokens continue to accrue transaction fees from liquidity provisioning while being used as collateral. Unbound Finance facilitates the borrowing of funds for various purposes such as lending, trading, or acquiring more ib tokens. It also allows the collateralization of Uniswap v3 positions and provides liquidity to AMM LP tokens, issuing its UND stablecoin. This platform is designed to enhance capital efficiency in the DeFi ecosystem by unlocking liquidity available in DeFi DEXs and facilitating its flow across chains.
Unbound Finance was created by Tarun Jaswani, who aimed to build a non-custodial lending platform that unlocks new yield opportunities and improves capital efficiency within the DeFi ecosystem.
$UNB serves as the governance token in the Unbound Finance ecosystem with several key utilities:
Governance Rights: UNB token holders have voting rights, enabling them to participate in decision-making processes regarding policy changes, implementations, and other protocol improvements.
Protocol Management: Responsibilities of UNB holders include voting on asset pairs for collateralization, determining borrowing rates and Minimum Collateralization Ratios (MCR), modifying various protocol parameters, and setting global borrowing limits for vaults.
Price Oracles: The protocol utilizes Chainlink feeds for secure price feeds essential in issuing the UND stablecoin based on the USD value of collateral.
Unbound Finance positions itself as an innovative step in decentralized finance, providing a platform where liquidity positions and LP Tokens are collateralized for borrowing the UND stablecoin. The UND stablecoin has a wide range of use cases, while the UNB token empowers its holders with significant governance capabilities, influencing the platform's future direction.
