Unit Protocol

Unlock the potential of your cryptocurrency holdings by utilizing them as collateral to access USDP stablecoin liquidity.

Categories

DeFi Dapps, Decentralized CDPs

Supported Chains

Ethereum

What is

Unit Protocol

?

Unit Protocol is a groundbreaking platform that empowers you to create USDP stablecoin by utilizing a diverse range of coins as collateral. With an extensive selection of over 160 coins, including LP tokens, Unit Protocol ensures liquidity providers receive substantial value. As users repay their USDP, stability fees are collected, while liquidation fees are imposed in the event of CDP liquidation. The entire process is governed by $DUCK, the governance token of Unit Protocol.

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