We are happy to announce that the migration app is ready https://migration.unit.xyz/ . You can swap your $COL to $DUCK here. For 100 COL you can receive 1 DUCK. Legit DUCK token contract is https://etherscan.io/address/0x92e187a03b6cd19cb6af293ba17f2745fd2357d5 (don’t send your tokens there, use dapp). No need to hurry up.

$DUCK https://www.coingecko.com/en/coins/unit-protocol-duck

$COL https://www.coingecko.com/en/coins/unit-protocol

Photo: Mabel Amber


Recently 2 community votes have been finished https://snapshot.page/#/unitprotocol.eth . We are ready to publish the result of the Ticker vote. 105 people participated in the voting and 87.06%(2.43 billion $COL tokens) voted for migration to the $DUCK ticker. Also, the community voted for the split, total supply will decrease 100 times. COL will be swapped to DUCK 100:1, for 100 COL you will get 1 DUCK. We will prepare everything necessary for smooth migration and publish instructions in the upcoming days.

Be careful, there is no DUCK token yet. We heard many projects try to copy DUCK, don’t get scammed.😉

Good quack.

Photo: Gerhard G.


We are ready for community vote about Unit protocol ticker. You can vote with a snapshot of your balance here. No need to send any transactions, you will need just to sign the vote.


As you may see in the updated dapp https://app.unit.xyz/, there are no requirements to deposit COL as additional collateral. Now you can mint USDP with selected collateral in just a few clicks. It significantly simplifies user experience and allows the Unit protocol to grow much faster. …


Introduction

The Unit protocol allows users to borrow stablecoin USDP based on various tokens value. For more details, check the first version of the whitepaper. https://github.com/unitprotocol/protocol_docs/raw/master/unit_wp.pdf.

Updated information will be provided below.

Main collateral

If a user would like to borrow stablecoin USDP, he has to deposit collateral first. In Unit Protocol, each…


Unit Protocol DApp (Rinkeby) https://app.unit.xyz/

Uniswap (Rinkeby) https://app.uniswap.org/

List of assets (Rinkeby: Ethereum Testnet) COL, USDP, WETH, STAKE, STAKE/WETH (LP tokens), YFI, MKR, UMA, LEND, WBTC

Contract addresses to add custom tokens with Metamask:

COL 0x0F235462cA4a41EA92Fca6b7c4d67dAe0DA8d1D6

USDP 0x2905F3Dd1406797b6214Ee0654E2FB6e694C8773

WETH 0xc778417e063141139fce010982780140aa0cd5ab

STAKE 0xeED5B67BEf854D8Cb7FCa3e8220c54b3b48C461B

STAKE/WETH 0x1B50B21225c2C7B3449fF776C368d14D51d05c5a

YFI 0x62289C64a943416205142BDCcF1D752792A687e3

MKR 0xC5d9497Fd3fa13549026f2fC8048DbaE11D7114c

UMA 0xb34aDe076f9e5B40AaB8bD31694d37aec1C6f12F

LEND 0xd070437A0C4c97F4E2FF6EF9010DA2ec4fc830Eb

WBTC 0x03f1A5d11cB1C698d865756EBEdeb144898bB319


Launch of the Unit Protocol on Ethereum mainnet will be scheduled for November 24, 2020.

Initial list of tokens as collaterals: eth, wbtc, col, uni, link, yfi, mkr, aave, stake, kp3r, comp, crv

Initial list of LP tokens as collaterals (Uniswap V2): eth/dai, col/eth, eth/usdt, eth/usdc, wbtc/eth, uni/eth, link/eth, yfi/eth, mkr/eth, aave/eth, kp3r/eth, comp/eth, stake/eth, crv/eth

Unit protocol is a decentralized borrowing protocol that allows using a variety of tokens as collateral. $COL token. $USDP stable coin.

https://unit.xyz/

https://t.me/unit_ann/31

https://t.me/unit_ann/47


Hello guys,

These days we receive a lot of information requests about the lock of team tokens. We would like to clarify our position about it.

When people research crypto projects they often pay attention to vesting. The main goal of vesting is to limit the ability of team members…


Hey folks!

Following the massively successful lockdrop event, we’ve spent the past few months actively working on one of the key parts of our system. Today we are ready to introduce the Unit protocol, a decentralized borrowing protocol that allows users to obtain liquidity from a large variety of tokens…


Hello guys, we would like to share with you some useful statistics about our recent lockdrop. We were really happy to see such high interest and would like to say thank you to our community for the support.
Our Lockdrop contract address is https://etherscan.io/address/0x46dac43ca95e316ef2124b1a4dd7806e93106c42/

As you may see from the contract, 3,903.742 ETH were locked during lockdrop week with current value around ~$800,000.
Total amount of participants: 55 addresses with 82 transactions.
Participants will receive 5123289.398 COL per 1 locked ETH.
Maximum locked: 550 ETH
Average locked: 70.977 ETH
Total distribution pie between addresses:

If you want to add COL token to to MetaMask or Trust wallet:
0xC76FB75950536d98FA62ea968E1D6B45ffea2A55 token contract address
18 decimals

Unit protocol

Unit protocol is a decentralized borrowing protocol that allows using a variety of tokens as collateral. $COL token. $USDP stable coin.

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