Unit protocol

07 Dec 2022 13:10

What about unit.xyz USDP bridge? I see its temporary suspended due the Merge by gnosis. Will this be restored later?

Unit protocol

07 Dec 2022 13:03

One of the biggest security threats to the decentralized finance market is the use of bridges to move assets between different blockchain networks. Over the past year, these bridges have been hacked frequently, which can lead to the loss of funds for users. A possible solution to this problem is the use of native stablecoins on each network, which can help reduce the need for using bridges and the associated security risks.

Unit protocol

07 Dec 2022 12:18

Yes, that's correct.

Unit protocol

07 Dec 2022 11:25

Hi Kurt! There is no relation in this context. It's a separate protocol.

Unit protocol

06 Dec 2022 14:29

Hey there!
We’re excited to announce the launch of Borrow protocol (https://borrow.is/), a decentralized finance (DeFi) platform that lets you lend and borrow assets without the need for intermediaries. You can use your ERC-20 assets as collateral to borrow liquidity, while lenders can earn yield in the form of interest by lending their assets.
Borrow offers a wide range of token pair combinations (any ERC-20 for any ERC-20) and allows you to set your own parameters for loans, including the type of collateral, the amount of borrowable assets, the loan period, and the minimum and maximum annual interest rates.
And the best part? Borrow protocol is available on multiple networks, so you can choose the one that works best for you. Our smart contracts have also been audited to ensure their security and compliance with industry standards.
So why not give Borrow a try and see how easy it is to lend and borrow assets in a decentralized manner? We think you’ll love it!
Key features:
* Ability to use any ERC-20 token as collateral and any ERC-20 token as a loan
* Dynamic interest rate based on an auction model
* Any loan term
* Fully decentralized platform
* The protocol is deployed on 15 most popular EVM-compatible networks
* No price oracles

Audit: https://github.com/unitprotocol/protocol_docs/blob/master/borrow_protocol.pdf

Unit protocol

24 Nov 2022 13:18

Yes, that is correct. Oracles are not used in the protocol. Token prices from Zapper are shown only for the convenience of users in the Dapp. Contracts do not use this as a price source.

Unit protocol

24 Nov 2022 06:24

based ghoul collection

Unit protocol

23 Nov 2022 21:49

https://www.secretducksociety.com/
Could be nice, but Im just joking. Something much more popular and liquid asset.

Unit protocol

23 Nov 2022 21:32

Which Nfts should we add to DApp to use as collateral first?

Unit protocol

23 Nov 2022 20:32

The first loan secured by Nft in prod (https://etherscan.io/tx/0xd86b127a93995dd9be9338dfc4c43fe8090ea4f712b638142ca46a6019551558). DApp is almost ready. The protocol is fully decentralized, any NFTs, variable interest rate and loan term. Audit of contracts completed. Same for erc20.

Unit protocol

23 Nov 2022 01:11

We will contact support to fix it. Thanks!

Unit protocol

23 Nov 2022 01:06

Please check that the contract address is correct: https://etherscan.io/address/0x92e187a03b6cd19cb6af293ba17f2745fd2357d5

Unit protocol

23 Nov 2022 00:59

https://tokenlists.org

Unit protocol

23 Nov 2022 00:48

https://ibb.co/8gFL7fR

Unit protocol

02 Nov 2022 17:52

We have finished connecting and testing the new networks. An announcement will be in the next few days.

Unit protocol

07 Dec 2022 13:04

We would like to do such a technical solution, but it requires a lot of financial resources and time.

Unit protocol

07 Dec 2022 12:19

will USDP be transferable between different chains?

Unit protocol

07 Dec 2022 12:13

If I understand correctly, there is an indirect connection between them because the loans print usdp here as well, thus increasing the total market liquidity of usdp.

Unit protocol

07 Dec 2022 07:27

How is the DUCK token related to Borrow protocol? Is it related at all?

Unit protocol

03 Dec 2022 18:51

Hi guys. We made a big update the other day. This is one of the small steps towards full decentralization of the Unit protocol. What we wanted to achieve in the process: no manual management; no possibility to change code after deployment; isolated collaterals with no impact on each other; any amount of stablecoin printing for a given collateral type; possibility for users to create their own stablecoins (asset, price source - done). Example: wbtc > wbtcUsd, renBTC > renBTCusd, etc. Which asset should we start with?

https://github.com/unitprotocol/core/tree/single-collateral-factory

Unit protocol

24 Nov 2022 06:30

you are using the price feeds from zapper right? there is no oracle ?

Unit protocol

23 Nov 2022 21:52

Oh, and Neo Tokyo, it has enough of a cult following and if you can get Becker somehow involved it can blow up as the community will then follow :)

Unit protocol

23 Nov 2022 21:49

I have 3 ideas.

1) Most obvious - top collection on OpenSea, X2Y2 and Looksrare
2) Top collections on https://sudoswap.xyz/#/collections, sorted by TVL and/or volume. The idea here is the most tradable collections have the most liquidity, hence easier to take a loan against.
3) Nftfi as they are similar in a way. I would use https://app.nftfi.com/stats to get an idea - it takes some time to load, but at first glance it's BAYC, MAYC, Art Blocks, Doodles, Otherdeed, Cryptopunks

Unit protocol

23 Nov 2022 20:41

In the next days/weeks we will be improving and testing the interface. There won't be a big announcement yet. Testing for early users is open https://borrow.is any erc20 for any erc20 ✨🥳🚀

Unit protocol

23 Nov 2022 01:14

good thank you for you quick support and response :)

Unit protocol

23 Nov 2022 01:08

yes I see but can you fix this so the people dont want to see this and scare to buy UNIT Protocol ?!

Unit protocol

23 Nov 2022 00:59

yes it was under the https://app.zerion.io/

Unit protocol

23 Nov 2022 00:58

Hello! There is a rather large list of projects where the token is verified:

Unit protocol

23 Nov 2022 00:47

dear team, why is this show under the duck_unuit :
Warning
This token is not verified,
and only has a few validated
sources.
If you don't recognize this
token, we suggest hiding it
from your portfolio.
DUCK UNIT
Unit Protocol

Unit protocol

30 Oct 2022 08:46

how is this project progressing?