To balance the peg, we have updated stability fees and make it market average. We have also updated some risk parameters, such as the Initial collateral ratio, to make them less strict. For DUCK token, now you can mint USDP up to 49% of collateral value, but be careful and control your risks.

We have created the proposal to add USDP Metapool in the Curve ecosystem and need our awesome community support. If you have some locked veCRV, you can vote "For" here: https://signal.curve.fi/#/curve/proposal/QmTFhJtP1s2WvW32EuQaGzDuWuypD5y6yiJW7y2H1Hqhwo

And here you can see the full text of the proposal: https://gov.curve.fi/t/scip-26-add-a-usdp-tripool-metapool/1301

Hey folks 🦆
We are happy to announce that Unit Protocol smart contracts have been audited by Level K (https://www.levelk.io). You can read the audit report below.

SushiSwap LP ( https://sushiswap.fi ) tokens are integrated as collateral in Unit Protocol. Now, if you stake tokens in SushiSwap and need short-term liquidity, you don't need to withdraw base tokens from a liquidity pool and sell them. Instead, you can directly use the SushiSwap LP tokens to mint USDP (https://app.unit.xyz). It will let you avoid some gas expenses and still provide the opportunity to keep collecting trading fees for the pool.

Unit protocol liquidation DApp is now live.
https://liquidation.unit.xyz/


Unit protocol is a decentralized borrowing protocol that allows you to mint USDP stablecoin using a variety of tokens as collateral.
https://app.unit.xyz/

We had been working for liquidity pool solution for the last few weeks and ready to introduce you Component. All details you can pick up from the article below. Component will be valuable part of Unit Protocol ecosystem and provide significant utility for USDP users.

https://www.notion.so/Introduction-of-Component-383c9d2cd6714f5f9c0867ff6e174880

New Stability fees and collateral parameters update

https://www.notion.so/Stability-fees-and-parameters-update-02-02-2021-36efa430e4e84d268a3b3e3b83cfe0d5

We are happy to announce that BADGER token has been added to Unit Protocol as available collateral. Now you can utilize your BADGER holdings to mint stablecoin USDP via https://app.unit.xyz and swap it with https://component.finance/ to USDC\USDT\DAI\sUSD.

The stability fee for $STAKE as collateral in Unit protocol was reduced to 10%, use up to 59% of your STAKE value to mint USDP via https://app.unit.xyz/ and swap it with https://component.finance/ to main stablecoins in just a few clicks. Keep benefits of STAKE growth with liquidity for additional opportunities.

Unit protocol has achieved new milestone. https://app.unit.xyz/

component on Duneanalytics

https://duneanalytics.com/milkyklim/component-finance

Thanks @milkyklim 😍🔥🍩

Based on growing demand and solid market state, we have increased USDP borrowing limit for Keep3r to $1.5m.

We want to remind you that there many other collaterals which possible to use only(!) in Unit Protocol such as HEGIC, BADGER, GRT, DPI, BAND, SUSHI, MTA, PICKLE, PERP, OCEAN, DUSD, mUSD, OMG, etc.😉 as well as many Sushi and Uniswap LP tokens. Check it out https://app.unit.xyz/ .

Don't sell your tokens - borrow USDP, swap via Component https://component.finance/ to main stalecoins, and utilize the value anywhere you want. Or use USDP directly and spread the adoption.

We have some good news. New tokens have been added to Unit protocol as available collaterals: FTM, COVER, and YAM.

Mint USDP based on your token collateral value https://app.unit.xyz/ , swap via Component to main stables https://component.finance/ , or stake it in the pool to participate in Component governance token distribution. You can easily use USDP just like any other stablecoin as well.

We are happy to announce that our dapp https://unit.xyz/ has new fancy design. It is light and neat. Now borrow USDP based on your precious collateral token is even more comfortable. Pink is the new black.

Don't sell your favorite token; use it as collateral and mint stablecoin USDP. Release the value inside https://unit.xyz/

❤️🔥🦆 👉 https://unit.xyz

You could lock your CRV via Yearn veCRV Vault https://crv.ape.tax/ to receive a higher return for your locked CRV. But now, you can also use the Vault token as collateral in Unit Protocol https://unit.xyz/ to mint USDP and utilize the value of your locked CRV even more efficiently.

Unit Protocol DUCK token Buy&&Burn event has occurred a second time. All fees accumulated in treasuries have been converted to DUCK and burned again.

Transaction link: https://etherscan.io/tx/0xd05cca59370938c7fd96db7c356156c6eda584f531ff0dc1c9a44428bb247252

Unit Protocol insurance functionality is available via Cover Protocol.

Link: https://app.coverprotocol.com/app/marketplace/protocols/UNIT

Explanation of how you can use Cover protocol for your insurance you can find in docs:
https://docs.coverprotocol.com/