Unbound Finance Introduction

UNB/USDT
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Unbound Finance is a decentralized cross-chain liquidity protocol, building an ecosystem of composable, DeFi-native derivatives from AMMs on Ethereum, Binance Smart chain, Polygon, Avalanche, Fantom, Arbitrum, Solana, HECO, KCC, Polkadot and Harmony. Unbound will offer a suite of products to unlock liquidity from a diversity of AMMs on different blockchains, including synthetic assets collateralized by liquidity pool tokens (LPTs), new liquidity pools cross-derived from multiple AMMs, financial instruments to compound yields and returns, and more.

 

UNB contract address : 0x8dB253a1943DdDf1AF9bcF8706ac9A0Ce939d922

 

Key features:

Unbound Finance is decentralized lending platform that issues interest free crypto loans to its users against liquidity pool tokens (LPTs) as collateral. The loans are given out in the form of synthetic assets beginning with Unbound's native stablecoin UND.

Unbound Finance is built as an aggregator layer over the existing AMMs in the DeFi ecosystem and intends to unlock the liquidity trapped in various DEXs across multiple balkanized blockchains.

- Interest Free Loans

- Liquidation Free Collateralization

- Cross Chain Derivative Layer for AMMs across Multiple Blockchains

- DeFi Treasury for Liquidity Pool Tokens

- Truly Decentralized Cross Chain Stablecoin

 

Token distribution and lock-in:

   Allocation Allocation Rate Token Release Schedule
Friends & Family 6.14% 10% on TGE, 20% after 6 months of TGE and 10% after every 4 months thereafter.
Early Backers 5.32% 10% on TGE, 20% after 6 months of TGE and 10% after every 3 months thereafter.
Seed/Private/Strategy  12.43% 10% on TGE, 30% after 6 months of TGE and 10% after every 2 months thereafter.

Institution/Venture 

5.07%

10% on TGE, 20% after 6 months of TGE and 10% after every 3 months thereafter.

Public (IDO) 0.37% 30% on TGE, 30% after month 1, 40% after month 2. 
Public (IEO) 0.67%  100% on TGE

Treasury 

30%

20% on TGE, 10% after every 3 months thereafter.

Team

25%

10% after 6 months of TGE and 10 % after every 4 months thereafter.

Foundation

15% At different stages of project development

Project timeline:

Q1-Q2 2021 - Testnet deployed on Ethereum Chain and Binance Smart Chain and integration with Ethereum and Binance Smart Chain DEXs.

Q3 2021 – Testnet deployed on Harmony and Polygon and integration with Harmony and Polygon DEXs.

Q4 2021 – Mainnet deployed on Ethereum Chain and Testnet deployed on Avalanche.

Q1 2022 – Mainnet deployment on Polygon, Binance Smart Chain and Avalanche and Testnet deployment on Fantom, Arbitrum, Solana, HECO, KCC and Polkadot. Integration with DEXs on all these chains. Single side stablecoin acceptance for high yields along with LPTs.

Q2-Q4 2022 – Mainnet Deployment on Solana, Harmony, Fantom, Arbitrum, HECO, KCC and Polkadot. Integration with DEXs on all these chains. Gaming and Metaverse Integration.

 

Team background:

Founder & CEO: Tarun Jaswani

Tarun is a developer, technologist and entrepreneur. He has an experience of 21 years in Digital Ad Networks, VR and Blockchain. He started building Unbound Finance in March 2020 when only 200 million were locked in a few AMMs in the space. Once he realised the importance of AMMs and that it is a new iteration in value discovery, it was all about building a derivative layer that could make the space more capital efficient.

CMO: Pratik Oswal

Pratik is ranked amongst the top 4% of the highest IQ in the world by Mensa. He has authored 7 books on Mathematics which are currently being used by over 100,000 students in over 300 schools across India. He is an Engineering gold medallist and is currently pursuing Masters in Economics. He has advised over 50 blockchain projects and written over 200 articles on different blockchain projects.

 

Related links:

Website: https://www.unbound.finance/

Twitter: https://twitter.com/unboundfinance

Telegram:

Unbound Global: https://t.me/unboundfinance

Unbound Announcements: https://t.me/UnboundAnnouncements

Unbound Indonesia: https://t.me/unboundIndonesia

Unbound China: https://t.me/Unboundchina

Unbound Vietnam: https://t.me/unboundfinancevietnam

Unbound Korea: https://t.me/unboundkorea

Whitepaper: https://docs.unbound.finance/documentation/whitepaper

Documents: https://docs.unbound.finance/

Medium: https://unboundfinance.medium.com/

Github: https://github.com/unbound-finance/

Quora: https://www.quora.com/profile/Unbound-Finance

Content on this page was provided by the Unbound Finance team.

 

HTX

December 7, 2021 

 

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