UnusDAO — the new DeFi 2.0 + GameFi platform, built on a decentralized reserve currency protocol. Each UDO token is backed by a basket of assets (like BUSD) in the Unus Treasury, which gives it an intrinsic value below which it cannot fall.
Description of the site UnusDao
UDO works as a governance token and medium of exchange, allowing the entire GamiFi experience to be leveraged in the Unus Metaverse (Unus-verse), offering users multiple revenue opportunities in a more engaging and exciting way. Spice Mining is introduced as the first gaming experience in the Unus metaverse.
The bond sales generate profits for the protocol and the Treasury uses the profits to mint UDOs and distribute them among the participants. With liquidity bonds, the protocol can accumulate its own liquidity.
There are two main strategies for market participants - staking and bonding:
| 1. | Stakers are betting on their UDO tokens in exchange for more UDO tokens. |
| 2. | Bonders provide LP or BUSD tokens in exchange for discounted UDO tokens after a fixed vesting period. |
Each UDO is supported by 1 BUSD, not tied to it. Since the Treasury supports each UDO with at least 1 BUSD, the protocol will buy back and burn UDOs when it trades below 1 BUSD. This leads to an increase in the price of UDO to $ 1 billion. When you place a bet on your UDO, it is blocked by the protocol, which means there are fewer UDOs on the market, which creates value for the protocol. You can drop the bet whenever you want. Staking rewards for UDO tokens vary and are currently extremely high. Rewards are modified by the protocol in response to the eventual stabilization of the UDO value.
More about the Unus protocol
You can get more information about the project through the introductory document. It contains all necessary data for use. Also, there are instructions for work. RoadMap will be added later.
From social networks, the community leads:
The Medium blog posts news articles. The smart contract has not been audited.