Unit protocol keeps expanding. Now you can borrow USDP and earn rewards at the same time.
17 Mar 2022, 16:19
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 🦆
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
👉