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.
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.😉
Photo: Gerhard G.
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. …
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.
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:
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.
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…
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