Unitus Project Introduction, Team, Financing and News

Performances

RD Popularity Index

620.00% (24h)

0100200300400500

Project Rank: 13457/15431

RD Growth Index

0100200300400500

Project Rank: --/15431

Comparison

Event Calendar

Nov 2, 2023

Unitus launches on the mainnet

Developer

ddForce

Follow Updates

Details

Unitus is a decentralized lending protocol launched within the dForce ecosystem, positioned as a cross-chain money market. It allows users to deposit assets as collateral on one blockchain and borrow various assets, including USX, on another, without needing to transfer collateral across chains. Its core mechanism leverages the USX stablecoin as a cross-chain liquidity bridge, enabling separation of collateral and borrowing across chains to improve capital efficiency. The protocol adopts an over-collateralized model and integrates Chainlink and Pyth oracles for price security. The governance token UTS is intended for future protocol governance.

Tags:

Ecosystem(6):

Founded:

2023