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Make your crypto do more. $USDP stable on Ethereum, BSC, Fantom, Avalanche, Arbitrum, Optimism. $USG on Gnosis Chain. https://unit.xyz/ @unit_ann Announcement channel

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Unit protocol

The second snapshot hasn't happened yet.

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Unit protocol

Is it based on erc4626 standard?

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Unit protocol

I'm for distribution to all duck holders, not only veDuck though

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Unit protocol

My question is regarding this post

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Unit protocol

Are you guys still planning on distributing the air drop announced a few months ago?

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Unit protocol

Simple. Dont overthink. 😉

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Unit protocol

I don't think the team sells these. It seems to me that these are recently unlocked tokens that fall from disillusioned investors to the crashed market.

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Unit protocol

I think this is very important. Even if you have the best codes and the most sophisticated ecosystem, no one will use it if there is no trust. For me, the biggest question here is how to regain people's trust.

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Unit protocol

Moving forward, I believe a combination of role separation at various control levels, complemented by multisigs under independent governance or DAO, could be an optimal solution.

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Unit protocol

How much is left in the multi sig?

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Unit protocol

Awesome work Artem and team, a huge amount of effort, this level of dedication is unreal.
Quick question, how will governance decisions be made for the booster platform?

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Unit protocol

This technology should potentially close most of the current vulnerabilities in defi protocols.

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Unit protocol

how strongly did you test the security of the universal vault?

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Unit protocol

wen DUCK on Arbitrum?

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Unit protocol

quaaaaaaaaaaaaack.

but how will this new product tie into DUCK utility?

liquidation fees ?

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Unit protocol

We developed this standard from scratch

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Unit protocol

One more follow up question, I know there was a snapshot taken. Will it be based on said snapshot or will there be additional ones?

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Unit protocol

One of the important innovations we have been working on is a secure Vault https://github.com/unitprotocol/uvs. The second version of Booster https://v1.booster.foundation/arbitrum/main works in conjunction with this Vault and is undergoing final interface improvements for ease of use.

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Unit protocol

Our plans have not changed. The majority of the products that have been actively developed over the last three years are now complete. I hope the community will appreciate this.

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Unit protocol

What's up duck gang, any word on Fantom token for Unit governance?

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Unit protocol

https://youtube.com/shorts/1dlmbYXMqf8?si=6Hbp0SHdZji8ka5Q

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Unit protocol

Did the team locks expire? There's a lot of duck going into circulation lately

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Unit protocol

Our industry is still in its infancy, having only been around for a few years. Yet, in my opinion, we've already developed all the essential components to transform it into something truly modern and innovative, including oracles, vault security, and automatic control via oracles, etc

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Unit protocol

Thank you for your warm words and support. We aim to make the protocol as decentralized as possible, as far as modern technologies allow. This includes automating the protocol's operations through oracles. This will allow us to eliminate manual management (interest rates, limits, etc.).

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Unit protocol

The multisig is long dead and needs to replaced by something reliable. What mechanism will fill this role in the future?

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Unit protocol

Can you tell me if there will be another decentralized exchange?

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Unit protocol

I know audit are expensive

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Unit protocol

sound great, I am ready your blog now

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Unit protocol

Booster Protocol Version 1.0: Now Live on Arbitrum

We are proud to announce the launch of Booster Protocol Version 1.0, a lending and borrowing protocol that represents a cutting-edge advancement in the decentralized finance (DeFi) landscape.

Here's what you can expect from Booster:

1. Dedicated Money Markets: Booster focuses on Ethereum-based assets, encompassing Ether, ERC-20 stablecoins, and utility tokens.
2. Two-Tiered Market Structure: A unique combination of the Base Market and multiple Sub-Markets. With primary assets like ETH, WBTC, USDC, USDC.e, USDT, and DAI in the Base Market and specialized Sub-Markets including ARB, GMX, CRV, and MAGIC tokens live on the Arbitrum network. This structure provides unprecedented financial flexibility.
3. Robust & Scalable Design: Booster is engineered for growth, ready to accommodate an expanding number of Sub-Markets with diverse tokens. This scalability ensures continuous adaptation to user needs.
4. Dual Yield Potential: Users have the opportunity to simultaneously engage with the Base Market, where they receive interest-accruing bTokens in exchange for supplied assets, and Sub-Markets, where those bTokens can be further supplied. In Sub-Markets, users receive bbTokens that symbolize their contribution and the interest accrued on bTokens. This two-tiered approach effectively amplifies returns.
5. Risk Mitigation: Each market within Booster operates autonomously, isolating potential risks. The Base Market's diversified liquid assets provide an additional buffer against market swings.
6. Flexible Borrowing Options: Borrow from the Base Market using underlying assets or from Sub-Markets with either the flagship Sub-Market's underlying asset (ARB, CRV, GMX, MAGIC) or bTokens. This flexibility caters to diverse financial strategies.
7. Dynamic Interest Rates: Interest rates respond to real-time supply and demand, facilitating smooth transactions.
8. Simple & Efficient Redemption: Redeeming bTokens or bbTokens is a breeze. Convert bTokens directly into underlying assets, and bbTokens to bTokens before reclaiming the original asset.

Visit our blog for more information!

👨‍🚀 Explore the possibilities and engage with us further at 👉 booster.foundation👈

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Unit protocol

No, these are different protocols. Booster will help introduce a dynamic rate for USDP. Multidata aims to streamline the numerous oracles we've accumulated over the years (currently there are 19) down to just one or two.

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