Unit Protocol Overview

What is Unit Protocol?

Unit Protocol is a borrowing platform that allows users to mint USDP, a stablecoin, using crypto assets as collateral. This includes both standard cryptocurrencies and liquidity provider tokens from platforms like Uniswap, SushiSwap, and more.

Main Features
Wide selection of tokens as collateral
Initial Collateral Ratio mechanism
Flexibility to use borrowed USDP for different purposes
Elastic interest rates for lending and borrowing
Decentralized and user-controlled

Frequently asked questions

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