Hackernoon logoWe're Unit Protocol And Allow Us To Introduce Ourselves by@unitprotocol

We're Unit Protocol And Allow Us To Introduce Ourselves

Unit is a decentralized lending protocol that allows using a variety of tokens as collateral. The Collateralized Debt Position (CDP) model allows users to mint its native stablecoin USDP from a wide variety of crypto assets. The USDP is pegged against the US Dollar stabilizing its value at $1 regardless of market movements. Unit Protocol provides a zero issuance debt fee, as well as a zero close debt fee. There is no fee for issuing loans, but fees are tied to loan transactions you complete.
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@unitprotocolUnit Protocol

Unit is a decentralized lending protocol that allows using a variety of tokens as collateral. Acc is owned by community.

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