UNITS is a community-driven protocol currently deployed on the Polygon and BSC networks.
We are now working on adding a bnb bond on BSC and it should be expected in a few hours.
Telegram: https://t.me/unitsprotocol
Website: https://units.finance
Twitter: UNITS Protocol (https://twitter.com/units_protocol)
For the 1st time in #DeFi, your owned presale tokens are auto staked with the $UNIT unique bonding mechanism!
The UNITS protocol enables an on-chain two-way conversion between
Wrapped Bitcoin (WBTC) and Micro Bitcoin (muBTC) tokens.
Each muBTC is always equal to 1/1,000,000 WBTC
What is Bonding?
The UNITS protocol bonding mechanism stands for short-term investment strategy. It is based on supplying USDC as liquidity to the UNITS protocol in return for UNIT tokens at a discounted price. Bonds are locked up for a period of 5 days, with an auto stake mechanism which is highly effective in boosting the rewards.
The UNITS protocol is currently at its' early bird stage
How does Bonding work?
‌Upon supplying the bond pool with USDC, the protocol quotes a discounted price for the UNIT token. The supplied USDC is converted into UNIT tokens according to the discounted UNIT price and automatically staked in order to boost he rewards. So, by bonding you benefit both from a predefined discount and boosted rewards for auto staking.‌The bond can be redeemed in UNIT tokens together with its rewards after 5 day period.‌The bond staking rewards are distributed linearly during the bond pool lifespan (90 day).
‌What are the benefits of Bonding?‌
Bonding is an active short term investment with high ROI based on predefined discount for the UNIT tokens. The auto staking mechanism is rewarding investors with high APR in addition to the short term bond profit.
Participate in bonding now -> https://app.units.finance/#/bond
Roadmap
The UNITS Protocol is pleased to share its development roadmap timeline.
Q1 – 2021
- Building the team.
- Design the concept architecture.
- Seed funding
Q2 – 2021
- Fork Uniswap liquidity mining smart contract
- Fork Uniswap vesting smart contract
- Fork Yearn’s Woofy smart contract
- Development and documentation of bond smart contract
- Development and documentation of UNITS Protocol user interface
- Development and documentation of UNITS DAO governance token smart contract
Q3 – 2021
- Development and documentation of muBTC smart contract
- Development and documentation of liquidity mining smart contract
- Deploy Bond smart contract to testnet
- Deploy muBTC smart contact to testnet
- Deploy liquidity mining smart contract to testnet
- Development and documentation of UNITS Protocol user interface
- Deploy UNITS DAO governance token smart contract to testnet
Q4 – 2021
- Deploy UNITS DAO governance token to BSC and Polygon mainnet
- Deploy UNIT token vesting to BSC and Polygon mainnet
- Deploy Bond smart contract to BSC and Polygon mainnet
- Deploy muBTC smart contact to BSC and Polygon mainnet
- Launch Genesis Bonding Launch Genesis Mining for muBTC
- Launch Public Listing
- Deploy liquidity mining smart contract to BSC and Polygon mainnet
- Launch staking pool
- Launch voting space on Snapshot
Q1 – 2022
- Create Partnerships & collaborations with wallets and exchanges
- Development and documentation of muBTC collateral investment strategy smart contract
- Development and documentation of buyback smart contract
- Development and documentation of MAU multi-asset stablecoin smart contract
Q2-2022
- Deploy buyback smart contract to testnet
- Deploy MAU multi-asset stablecoin smart contract on testnet
- Development and documentation of MAU collateral investment strategy smart contract
Q3 – 2021
- Deploy MAU multi-asset stablecoin smart contract to mainnet
- Launch Genesis Mining for MAU
- Launch MAU stablecoin to DEXs
- Deploy MAU collateral investment strategy smart contract to testnet
Q4 – 2022
- Deploy MAU collateral investment strategy smart contract to mainnet
- Launch MAU stablecoin to CEXs
- Deploy MAU on other Ethereum L2
Staking
Get outstanding rewards while keeping your exposure to Bitcoin. The muBTC staking pool is where you can stake your muBTC tokens and earn rewards in UNIT tokens.
Staking UNITS DAO Tokens is a passive, long-term strategy. Keeping UNIT tokens staked is the most effective way to maintain the token value. Since staking is in the community's best interest the UNIT staking pool includes high rewards for community members that acknowledge the importance of keeping their tokens staked.
âś… Long term project – team has only 9% allocation and it is vested for a period of 24 months!
âś… Smart Bonding mechanism which let's you auto-stake on your purchased bonds!
âś… The Bonding system allows the bond price to be calculated based on the current updated market price, based on smart contracts
âś… muBTC to BTC and vise-versa conversion with real backed smart-contract BTC!
âś… Experienced development team including Intel and eBay senior software engineers!
âś… Active and welcoming community!
Telegram: https://t.me/unitsprotocol
Website: https://units.finance
Twitter: UNITS Protocol (https://twitter.com/units_protocol)
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