Unbound Finance (UNB) announces IEO on Huobi Primelist |
Huobi Group is proud to announce a new exchange-only Initial Exchange Offering for Unbound Finance UNB on Huobi’s official crypto trading platform.
Unbound has announced an IEO, which will be available from July 29 until August 14, 2019. The company decided to hold the offering in order of founder and CEO Eric Meltzer who wants everyone to have equal opportunity with the entire market scope of this token sale being open to all investors worldwide. This means that there will not be any preferential allocations or discounts granted when purchasing tokens during this period via exchanges
Unbound Finance, a decentralized lending platform for crypto-assets, announced an IEO on Huobi Primelist. Unbound Finance is the first token to be listed on Huobi’s premium listing service. Unbound Finance has also partnered with Hainan Airlines and will be used as part of their loyalty program.
Unbound Finance (UNB), a DeFi lending platform, laid the scene for the launch of its native governance token by launching an IEO on Huobi Primelist.
Unbound Finance is designed to act as an aggregator layer on top of the current Automated Market Makers (AMMs) that enable Ethereum and other blockchain-based decentralized exchanges (DEXs).
Starting with Unbound’s native stablecoin UND and uETH, the protocol enables users to utilize their idle liquidity pool tokens (LPTs) to get interest-free crypto loans issued in the form of synthetic assets.
Announcements of the first DEX offering (IDO).
On December 14, Huobi Global will launch a token sale and trading platform.
I’m looking forward to collaborating with the finest in the industry.
14th December 2021 @HuobiGlobal $UNB IEO on Huobi Primelist https://t.co/94DFgTrs4T
December 7, 2021 — Unbound (@unboundfinance)
Huobi Primelist’s initial exchange offering (IEO) will be followed by listings on decentralized exchanges (DEXs) such as Uniswap, Balancer, PancakeSwap, Quickswap, and Curve, as well as centralized exchanges (CEXs).
The Huobi listing will be preceded by Unbound IDO on Polkastarter, Red Kite, and GameFi, which were all announced on December 13.
Holders of the protocol’s native token UNB will be active members of the decentralized autonomous organization (DAO), since its governance utility allows them to vote on any protocol modifications, such as whitelisting pools for UND minting and setting Loan-To-Value settings.
allowing liquidity to move freely across many chains
AMMs, which incentivise users to offer liquidity in exchange for a share of transaction fees and free tokens (also known as farming yield), power DEXes.
However, since these AMMs are often isolated from one another, customers desiring to distribute money across several protocols and chains may encounter difficulties.
Unbound Finance’s Founder and CEO, Tarun Jaswan, designed the protocol with the goal of creating a derivative layer that would “release the liquidity imprisoned in different DEXs across numerous chains,” making them “more capital efficient.”
Unbound is a derivative layer that sits on top of all of these networks’ DEXes, making them more capital efficient and allowing liquidity to move between them. pic.twitter.com/F7cOU85NsV
November 23, 2021 — Unbound (@unboundfinance)
Unbound is now available on the Ethereum mainnet as well as the testnets of BSC, Polygon, Harmony, and Avalanche, with plans to expand to Solana, Fantom, Arbitrum, KCC, HECO, Polkadot, Klaytn, and Tezos in the near future.
Unbound has received $8 million in private sale rounds, backed by some of the industry’s best VCs, including Pantera Capital, Arrington XRP Capital, Ledger Prime, Kucoin, Gate, and MEXC, to name a few.
Disclaimer: has a financial stake in Unbound Finance and was invited to participate in the project’s presale in return for news, commentary, and other sorts of publicity. This story was not paid to be published.
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Unbound Finance (UNB) announced that they will be conducting an IEO on Huobi Primelist. Unbound Finance is a decentralized finance platform that offers services like peer-to-peer lending, cryptocurrency trading and cryptocurrency payment solutions. The company has recently been working on their own blockchain technology to offer a more secure and efficient solution for the industry. Reference: unbound finance github.