Booster Protocol Version 1.0: Now Live on Arbitrum We are proud to announce the launch of Booster Protocol Version 1.0, a lending and borrowing protocol that represents a cutting-edge advancement in the decentralized finance (DeFi) landscape. Here's what you can expect from Booster: 1. Dedicated Money Markets: Booster focuses on Ethereum-based assets, encompassing Ether, ERC-20 stablecoins, and utility tokens. 2. Two-Tiered Market Structure: A unique combination of the Base Market and multiple Sub-Markets. With primary assets like ETH, WBTC, USDC, USDC.e, USDT, and DAI in the Base Market and specialized Sub-Markets including ARB, GMX, CRV, and MAGIC tokens live on the Arbitrum network. This structure provides unprecedented financial flexibility. 3. Robust & Scalable Design: Booster is engineered for growth, ready to accommodate an expanding number of Sub-Markets with diverse tokens. This scalability ensures continuous adaptation to user needs. 4. Dual Yield Potential: Users have the opportunity to simultaneously engage with the Base Market, where they receive interest-accruing bTokens in exchange for supplied assets, and Sub-Markets, where those bTokens can be further supplied. In Sub-Markets, users receive bbTokens that symbolize their contribution and the interest accrued on bTokens. This two-tiered approach effectively amplifies returns. 5. Risk Mitigation: Each market within Booster operates autonomously, isolating potential risks. The Base Market's diversified liquid assets provide an additional buffer against market swings. 6. Flexible Borrowing Options: Borrow from the Base Market using underlying assets or from Sub-Markets with either the flagship Sub-Market's underlying asset (ARB, CRV, GMX, MAGIC) or bTokens. This flexibility caters to diverse financial strategies. 7. Dynamic Interest Rates: Interest rates respond to real-time supply and demand, facilitating smooth transactions. 8. Simple & Efficient Redemption: Redeeming bTokens or bbTokens is a breeze. Convert bTokens directly into underlying assets, and bbTokens to bTokens before reclaiming the original asset. Visit our blog for more information! 👨‍🚀 Explore the possibilities and engage with us further at 👉 booster.foundation👈

We are incredibly excited to announce the launch of our newest product, Unit Raise Access NFTs. These unique, non-fungible tokens offer a powerful tool for creating exclusive access to your products or events, while also providing a one-of-a-kind digital asset to your audience. With Raise Access NFTs, you can easily create membership passes, privileged access, and special perks, giving you complete control over who has access and enabling you to track valid tokens. Minting NFTs is simple and straightforward, with a user-friendly interface that allows you to customize tokens with details like pricing, access rights, and quantity. But the benefits of Raise Access NFTs don't end there. You can sell your tokens directly to your audience through our platform, eliminating the need for a third-party ticketing platform and giving you more control over the sales process. And by providing a unique and collectible digital asset to your audience, you can increase engagement and loyalty, while also preventing fraud through tracking token ownership and validity. But that's not all. Raise Access NFTs also enable you to create a microsite on our platform to showcase your products or events, increasing your reach and visibility to a wider audience. And with our commitment to providing exceptional customer support, you can rest assured that we'll be with you every step of the way as you elevate your projects with exclusive access and verifiable NFTs. So if you're ready to take your products or events to the next level, don't miss out on this game-changing innovation. Get your Raise Access NFTs now and experience the power of exclusive access and increased engagement. Live on: Ethereum, Gnosis Chain, BNB Smart Chain, Polygon, Dogechain

raise.unit.xyz

Hi guys. We've been working on one of our experimental projects for about a year. It will be incorporated into the Unit ecosystem on Monday. All in prod, the audit is done.

raise.is

Hey there! We’re excited to announce the launch of Borrow protocol (https://borrow.is/), a decentralized finance (DeFi) platform that lets you lend and borrow assets without the need for intermediaries. You can use your ERC-20 assets as collateral to borrow liquidity, while lenders can earn yield in the form of interest by lending their assets. Borrow offers a wide range of token pair combinations (any ERC-20 for any ERC-20) and allows you to set your own parameters for loans, including the type of collateral, the amount of borrowable assets, the loan period, and the minimum and maximum annual interest rates. And the best part? Borrow protocol is available on multiple networks, so you can choose the one that works best for you. Our smart contracts have also been audited to ensure their security and compliance with industry standards. So why not give Borrow a try and see how easy it is to lend and borrow assets in a decentralized manner? We think you’ll love it! Key features: * Ability to use any ERC-20 token as collateral and any ERC-20 token as a loan * Dynamic interest rate based on an auction model * Any loan term * Fully decentralized platform * The protocol is deployed on 15 most popular EVM-compatible networks * No price oracles Audit:

github.com

Hi guys. We made a big update the other day. This is one of the small steps towards full decentralization of the Unit protocol. What we wanted to achieve in the process: no manual management; no possibility to change code after deployment; isolated collaterals with no impact on each other; any amount of stablecoin printing for a given collateral type; possibility for users to create their own stablecoins (asset, price source - done). Example: wbtc > wbtcUsd, renBTC > renBTCusd, etc. Which asset should we start with?

github.com

The first loan secured by Nft in prod (https://etherscan.io/tx/0xd86b127a93995dd9be9338dfc4c43fe8090ea4f712b638142ca46a6019551558). DApp is almost ready. The protocol is fully decentralized, any NFTs, variable interest rate and loan term. Audit of contracts completed. Same for erc20.

Hello guys! If anyone is planning to visit Berlin DappCon, let us know and we can set up a meeting. Will be there till 14 September.

We found a telegram chat that promises users airdrop from UP. This is a fraudulent channel. Be careful. We have only one official channel:

t.me

Official Chat:

t.me

Twitter: twitter.com/unitprotocol

twitter.com

Unit protocol keeps expanding! Now you can borrow USDP and earn rewards at the same time! We’re excited to introduce the Liquid farming and announce Shibaswap liquidity provider tokens (SSLP) as a new type of collateral available in UP 🦆

shibaswap.com

SSLP tokens appear in your wallet as you provide liquidity to Shibaswap. With that, you earn commissions when the platform users perform respective swaps. SSLP tokens can be also staked in yield farm pools on Shibaswap to earn rewards in BONE. Unit Protocol lets you mint USDP stable against SSLP tokens collateral locked in the system, claim rewards in BONE without withdrawing the collateral – all within one DApp! And keep earning on AMM swaps as a liquidity provider. The stability and issuance fees for all SSLP collaterals are only 0.9%. Be one of the first to check it out: SHIB-WETH, LEASH-WETH, WBTC-WETH, USDC-WETH, SUSHI-WETH, LINK-WETH, DAI-WETH, xFUND-WETH, BONE-WETH, WETH-USDT, VXL-WETH, MANA-WETH 👉

unit.xyz

Hi Everyone Now you can mint USDP stable on updated terms. Stability and issuance fees, applied for all collaterals on UP, were reduced from 0.9% to 0.3%. Existing debt positions remain at the actual stability fees in effect on opening day. However, if you withdraw part of your collateral, or mint USDP from existing debt position then the rate of 0.3% will be applied. The UP provides a huge selection of options for collateral, including interest-bearing assets 👉https://unit.xyz/ Swap USDP via https://curve.fi/usdp, or https://component.finance