Too Long; Didn't Read
Decentralized finance (DeFi) plays an increasingly important role in the Ethereum ecosystem. Unit is a decentralized lending protocol that allows using a variety of tokens as collateral. Unit Protocol collects stability fees when users repay their USDP and liquidation fees if CDPs were liquidated. Centralized stablecoin platforms contain a risk of censorship, reducing their long-term viability. Some services also face problems related to questionable asset management practices and the possibility of off-chain assets being frozen or taken by governments.