Hello guys. ThePay.cash $COL token was added to the Trust Wallet https://trustwallet.com
ThePay.cash aims to build the network for fast and free transfer of different stable coins. COL token will be used for governance, staking and collateral for minting native USDP stable coin.
We would like to thank @milkyklim for help.
ThePay.cash aims to build the network for fast and free transfer of different stable coins. COL token will be used for governance, staking and collateral for minting native USDP stable coin.
We would like to thank @milkyklim for help.
Hey folks!
Unit protocol $COL is listed on several exchanges.
We put list together in one message for your convenience.
Uniswap
https://uniswap.info/token/0xc76fb75950536d98fa62ea968e1d6b45ffea2a55
Bamboorelay (0x relayer)
https://bamboorelay.com/trade/COL-WETH
Balancer pool #1
https://pools.balancer.exchange/#/pool/0xf41A12Bf3E5DadD8bcc8494a7C7Cb80101331098/
Bilaxy
https://bilaxy.com/trade/COL_ETH
BKEX
https://www.bkex.com/trade/COL_USDT
$USDP
https://info.uniswap.org/token/0x1456688345527be1f37e9e627da0837d6f08c925
Unit protocol is a decentralized borrowing protocol that allows using a variety of tokens as collateral.
unit.xyz
Unit protocol $COL is listed on several exchanges.
We put list together in one message for your convenience.
Uniswap
https://uniswap.info/token/0xc76fb75950536d98fa62ea968e1d6b45ffea2a55
Bamboorelay (0x relayer)
https://bamboorelay.com/trade/COL-WETH
Balancer pool #1
https://pools.balancer.exchange/#/pool/0xf41A12Bf3E5DadD8bcc8494a7C7Cb80101331098/
Bilaxy
https://bilaxy.com/trade/COL_ETH
BKEX
https://www.bkex.com/trade/COL_USDT
$USDP
https://info.uniswap.org/token/0x1456688345527be1f37e9e627da0837d6f08c925
Unit protocol is a decentralized borrowing protocol that allows using a variety of tokens as collateral.
unit.xyz
Hey folks!
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 by minting $USDP stablecoin. $COL token will still be used as an additional collateral for any debt created in the system and its distribution parameters will remain unchanged. You can take a look at our new site at unit.xyz.
We came to realization that the previous name "The PayCash" does not capture the core concept of the project and is not suitable for the protocol. Concentrating human and financial resources on a decentralized borrowing protocol will allow us to speed up the development and release of the product. We are eager to share a draft version of our whitepaper today and we are looking forward to your feedback.
Right now, most of the contracts are finished and the protocol development nears the internal testing stage. When we are confident that things work as designed, we will be ready to deploy the contracts to testnet along with a simple Dapp interface and propose our community to check it out. During that stage, we are going to iterate on a user-friendly interface for the Dapp and prepare everything ready for a code audit.
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 by minting $USDP stablecoin. $COL token will still be used as an additional collateral for any debt created in the system and its distribution parameters will remain unchanged. You can take a look at our new site at unit.xyz.
We came to realization that the previous name "The PayCash" does not capture the core concept of the project and is not suitable for the protocol. Concentrating human and financial resources on a decentralized borrowing protocol will allow us to speed up the development and release of the product. We are eager to share a draft version of our whitepaper today and we are looking forward to your feedback.
Right now, most of the contracts are finished and the protocol development nears the internal testing stage. When we are confident that things work as designed, we will be ready to deploy the contracts to testnet along with a simple Dapp interface and propose our community to check it out. During that stage, we are going to iterate on a user-friendly interface for the Dapp and prepare everything ready for a code audit.
Announcement about team tokens lock
Hello guys,
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 to sell their tokens during the time. In the article, we want to describe why vesting is not applicable to Unit protocol.
This practice existed before, but especially became very popular during the recent IEO boom when initial circulation was artificially limited because exchanges commonly use the pump and dump schemes to attract the users and incentives the demand for their tokens. Most of the time projects had low quality, so the only reason why their tokens could not be dumped instantly was vesting. Since the tokens became eventually unlocked they were instantly dumped because there is no internal value and team members understand it. It is reasonable to consider a huge amount of vested tokens as a source of the risk because the reason why the tokens can't be dumped is just that they are locked, not because the team actually believes in their own project and don't want to sell it.
The Unit protocol started from the wide community lockdrop and so far didn't attract any side funding at all. The core team has absolutely no salary and work on enthusiasm and vision because actually we are the first customers of our own project by ourselves. We are someone who is interested to use tokens in their diversified portfolio as collateral and get stablecoin liquidity for it. More than we invest our own money for project development and any project needs. Therefore we have significant "skin in a game" and very interested to make everything possible to make the project successful.
Unfortunately, project development and hiring of additional very talented people is not always a free process. To speed up our progress we will need some additional funding sources, so for the upcoming month, we consider attracting $300-600k of additional capital, but only from investors who actually can bring value for the project. The funding will be extremely beneficial for Unit protocol and as a consequence for all token holders.
Conclusion:
We understand the concerns of our community and we are really thankful for everyone's support and help. We understand if you are not comfortable to be a part of the Unit protocol community at the moment. With the article, we just want to notice that the Unit protocol team has a strong focus on project development, and there is no contradiction with the Unit protocol's long-term success. It can be proved with our dedicated approach and our actions. We face many difficulties on a daily basis and working hard to deliver reliable products. Thank you for your support.
For any requests or questions, you can use the official channel of communication: hello@unit.xyz
Hello guys,
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 to sell their tokens during the time. In the article, we want to describe why vesting is not applicable to Unit protocol.
This practice existed before, but especially became very popular during the recent IEO boom when initial circulation was artificially limited because exchanges commonly use the pump and dump schemes to attract the users and incentives the demand for their tokens. Most of the time projects had low quality, so the only reason why their tokens could not be dumped instantly was vesting. Since the tokens became eventually unlocked they were instantly dumped because there is no internal value and team members understand it. It is reasonable to consider a huge amount of vested tokens as a source of the risk because the reason why the tokens can't be dumped is just that they are locked, not because the team actually believes in their own project and don't want to sell it.
The Unit protocol started from the wide community lockdrop and so far didn't attract any side funding at all. The core team has absolutely no salary and work on enthusiasm and vision because actually we are the first customers of our own project by ourselves. We are someone who is interested to use tokens in their diversified portfolio as collateral and get stablecoin liquidity for it. More than we invest our own money for project development and any project needs. Therefore we have significant "skin in a game" and very interested to make everything possible to make the project successful.
Unfortunately, project development and hiring of additional very talented people is not always a free process. To speed up our progress we will need some additional funding sources, so for the upcoming month, we consider attracting $300-600k of additional capital, but only from investors who actually can bring value for the project. The funding will be extremely beneficial for Unit protocol and as a consequence for all token holders.
Conclusion:
We understand the concerns of our community and we are really thankful for everyone's support and help. We understand if you are not comfortable to be a part of the Unit protocol community at the moment. With the article, we just want to notice that the Unit protocol team has a strong focus on project development, and there is no contradiction with the Unit protocol's long-term success. It can be proved with our dedicated approach and our actions. We face many difficulties on a daily basis and working hard to deliver reliable products. Thank you for your support.
For any requests or questions, you can use the official channel of communication: hello@unit.xyz
Hey folks. We're almost done with the contracts and ready to share with the community.
Work on the audit started this Monday. We are also working on the DApp and hope to show the prototype soon.
https://github.com/unitprotocol/core
Work on the audit started this Monday. We are also working on the DApp and hope to show the prototype soon.
https://github.com/unitprotocol/core
GitHub
GitHub - unitprotocol/core
Contribute to unitprotocol/core development by creating an account on GitHub.
Hey Folks!
Unit protocol (COL) is now listed as a trusted token on airswap OTC https://trader.airswap.io/
Unit protocol (COL) is now listed as a trusted token on airswap OTC https://trader.airswap.io/
trader.airswap.io
AirSwap OTC: Trustless OTC for Any Ethereum Token
Free, shareable OTC trading without the risk of third-party escrows. Trade any token with a customized price, quantity, and counterparty. Create, sign, and share anywhere.
Unit protocol (COL) on Etherscan
https://etherscan.io/token/0xc76fb75950536d98fa62ea968e1d6b45ffea2a55
https://etherscan.io/token/0xc76fb75950536d98fa62ea968e1d6b45ffea2a55
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Unit protocol DApp (test version). ABC_ERC20 (or LP tokens) as collateral > USDP stable.
certik-final-report.pdf
300.4 KB
Hello guys,
We are happy to announce that Unit Protocol smart contracts have been audited by CertiK and no major or critical vulnerabilities were found. You can read the audit report below.
We are happy to announce that Unit Protocol smart contracts have been audited by CertiK and no major or critical vulnerabilities were found. You can read the audit report below.
Hello guys!
We have completed the second smart contracts security audit performed by Mixbytes.
You can download the full report here:
https://github.com/unitprotocol/protocol_docs/blob/master/Mixbytes%20Security%20Audit%20Report.pdf
The first security audit by CertiK:
https://github.com/unitprotocol/protocol_docs/blob/master/certik-final-report.pdf
We have completed the second smart contracts security audit performed by Mixbytes.
You can download the full report here:
https://github.com/unitprotocol/protocol_docs/blob/master/Mixbytes%20Security%20Audit%20Report.pdf
The first security audit by CertiK:
https://github.com/unitprotocol/protocol_docs/blob/master/certik-final-report.pdf
GitHub
protocol_docs/Mixbytes Security Audit Report.pdf at master · unitprotocol/protocol_docs
Contribute to unitprotocol/protocol_docs development by creating an account on GitHub.
Some news for early adopters:
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.
https://unit.xyz/
https://t.me/unit_ann/31
https://t.me/unit_ann/47
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.
https://unit.xyz/
https://t.me/unit_ann/31
https://t.me/unit_ann/47
Atom
Unit.xyz is for sale at Atom!
Domain name, Unit.xyz, exudes the essence of cohesion and unity in just four letters. This short, two-syllable word carries a powerful message of collaboration and strength, making it ideal for startups in the tech, design, or fashion indus . " #CatchyDomains…
The test assets were successfully sent to users who submitted an application.
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:
COL
0x0F235462cA4a41EA92Fca6b7c4d67dAe0DA8d1D6
USDP
0x2905F3Dd1406797b6214Ee0654E2FB6e694C8773
WETH
0xc778417e063141139fce010982780140aa0cd5ab
STAKE
0xeED5B67BEf854D8Cb7FCa3e8220c54b3b48C461B
STAKE/WETH
0x1B50B21225c2C7B3449fF776C368d14D51d05c5a
YFI
0x62289C64a943416205142BDCcF1D752792A687e3
MKR
0xC5d9497Fd3fa13549026f2fC8048DbaE11D7114c
UMA
0xb34aDe076f9e5B40AaB8bD31694d37aec1C6f12F
LEND
0xd070437A0C4c97F4E2FF6EF9010DA2ec4fc830Eb
WBTC
0x03f1A5d11cB1C698d865756EBEdeb144898bB319
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:
COL
0x0F235462cA4a41EA92Fca6b7c4d67dAe0DA8d1D6
USDP
0x2905F3Dd1406797b6214Ee0654E2FB6e694C8773
WETH
0xc778417e063141139fce010982780140aa0cd5ab
STAKE
0xeED5B67BEf854D8Cb7FCa3e8220c54b3b48C461B
STAKE/WETH
0x1B50B21225c2C7B3449fF776C368d14D51d05c5a
YFI
0x62289C64a943416205142BDCcF1D752792A687e3
MKR
0xC5d9497Fd3fa13549026f2fC8048DbaE11D7114c
UMA
0xb34aDe076f9e5B40AaB8bD31694d37aec1C6f12F
LEND
0xd070437A0C4c97F4E2FF6EF9010DA2ec4fc830Eb
WBTC
0x03f1A5d11cB1C698d865756EBEdeb144898bB319
Hi guys. We would like to announce a small contest.
The launch of Unit Protocol is scheduled for November 24, 2020. It will require user-friendly DApp manuals (https://app.unit.xyz). We think that the best guidelines for using Unit Protocol can be made by a community that follows our development.
What needs to be done:
1. A useful text manual on how to use DApp is needed.
2. Video manual on how to use DApp
— Prize for best text manual 1000 $USDP or $1000 $DAI.
— Prize for the best video manual 1000 $USDP or $1000 $DAI.
The contest will take 7 days, after which the community will choose the winner.
https://forms.gle/1WwLzVoeBuRVxPST7
The launch of Unit Protocol is scheduled for November 24, 2020. It will require user-friendly DApp manuals (https://app.unit.xyz). We think that the best guidelines for using Unit Protocol can be made by a community that follows our development.
What needs to be done:
1. A useful text manual on how to use DApp is needed.
2. Video manual on how to use DApp
— Prize for best text manual 1000 $USDP or $1000 $DAI.
— Prize for the best video manual 1000 $USDP or $1000 $DAI.
The contest will take 7 days, after which the community will choose the winner.
https://forms.gle/1WwLzVoeBuRVxPST7
Google Docs
Unit Protocol Contest
Unit Protocol Contest
Hi guys. We would like to announce a small contest.
The launch of Unit Protocol is scheduled for November 24, 2020. It will require user-friendly DApp manuals (https://app.unit.xyz). We think that the best guidelines for using Unit…
Hi guys. We would like to announce a small contest.
The launch of Unit Protocol is scheduled for November 24, 2020. It will require user-friendly DApp manuals (https://app.unit.xyz). We think that the best guidelines for using Unit…