The expanding world of decentralized finance (DeFi) has in the past seen the launch of several groundbreaking protocols which have altered how financial transactions are being carried out. The past month, in particular, has witnessed the launch of several of these protocols, among which is Unispace, a DeFi protocol that offers a full-stock traditional finance alternative to its users and investors.
The Unispace Protocol
The Unispace Protocol is a unique protocol that offers financial trading facilities, investment opportunities, cross-chain abilities and security to its users. The network offers decentralized finance alternatives to its users, allowing its users control over their assets alongside other benefits which they will get from the platform.
Unispace is a relatively new DeFi platform that offers virtual currency aimed at meeting the needs of its users. It seeks to solve the shortfalls facing many existing platforms by providing a reliable, beneficial, and secure platform.
The protocol leverages the security of the Ethereum blockchain and its native token, the USPC is an ERC-20, thus validating its concept and making it revolutionary.
The visionary nature of this platform has informed the setting up of its unique roadmap, which timelines all the activities and key events, including the launch of each of its unique tokens.
Starting on the 25th of May till 25 of June 2021, the platform’s native token, USPC, will be listed on the decentralized exchange platform, UniSwap. The platform has earmarked 22,000,000 USPC tokens for sale with the price of each one pegged at 1:1 to the stablecoin USDT.
Following the launch of the USPC Token, the Earth Token will be launched next with its listing scheduled for the 1st of July on UniSwap. The Earth token is a token that can be staked with the USPC and its price is equally pegged at 1:1 to the USDT.
Mars token is the next to be launched, its listing date on UniSwap is scheduled for the 7th of July 2021. Just like the Earth and USPC tokens, the price for Mars Token is pegged at 1 USDT to 1 Mars. Following this launch, the USPC-Mars staking pair would be made available for staking and rewards.
On the 14th of July 2021, the next token, which is the Saturn token, will be listed on the UniSwap exchange. Its price is equally pegged at 1 USDT to 1 Saturn. Moreso, the USPC-staking pair would be made available following this release.
Lastly, the Uranus token listing on UniSwap will occur on the 21th of July 2021. Each Uranus would be sold at ration 1:1 to the USDT stablecoin. The USPC-Uranus staking pair will also be made available whereby users can stake and earn bonuses in the form of APY.
Benefits and Bonuses of Unispace
Following the release of the USPC, users and investors who engage in the early purchase of the token can get a minimum of 25% and a maximum of 50% on bonuses depending on the amount of USPC bought.
Equally, the USPC staking pairs will be made available with each release of a new token. Users can take advantage of each of these releases to stake USPC and earn as much as 250% APY (annual percentage yield).
Conclusively, the protocol targets a cross-chain abridgment feature whereby the USPC and other native tokens would be tradable on other blockchains and exchanges asides UniSwap and Unispace. This feature will enable interoperability and help in facilitating the global acceptance of this unique platform.