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Submission: On January 13 via api from US — Scanned from US
Effective URL: https://www.unigen.money/
Submission: On January 13 via api from US — Scanned from US
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Home About Tokenomics FAQ Docs Blog Introducing Unigen Finance THE INFRASTRUCTURE AND LIQUIDITY LAYER FOR DEFI Unigen is building a Defi Ecosystem, a community-owned, decentralized and censorship-resistant reserve currency that is asset-backed, deeply liquid and used widely across Web3. Launch Dapp PROBLEM WITH EXISTING YIELD FARMS SELL PRESSURE Token prices are highly subject to sell pressure from the yield farming community, making price unstable. TRANSIENT LIQUIDITY Liquidity in yield farms is highly transient and unreliable for the protocol. IMPERMANENT LOSS Due to the mechanics of yield farms, the upside when a token appreciates in value is capped due to impermanent loss. PRICE VOLATILITY Volatile token prices negatively impact communities and cause instability for the protocol. WHAT IS UNIGEN FINANCE? Unigen Finance introduces the innovative option mechanism of Unigen as a service for other protocols. Similar to option on Unigen, Unigen Finance allows a user to exchange existing liquidity for the protocol’s native token at a discount. In exchange, the protocol owns the liquidity instead of renting it, which helps secure longevity and price stability for everyone involved. STAKING Stakers play an important role in the Unigen ecosystem. Stakers deposit their $UNIG into the protocol, which contributes to Unigen’ long-term price stability. In exchange, stakers receive their pro rata share of rebases and governance rights. Stake Now OPTION Option allows you to trade various tokens for $UNIG at a discounted price. In exchange, option sales provide additional liquidity and reserve assets to the Unigen treasury, contributing to the stability of the protocol. As a result, 99% of all liquidity is owned by Unigen Finance. Option Stake Now UNIGEN FINANCE TOKEN UNIG Token is native token in Unigen Finance Ecosystem, that helps users preserve purchasing power, has deep liquidity across the ecosystem, is utilized broadly as a unit of account and serves as a trusted backing for other decentralized assets. Buy Now View Chart * Total Supply: 100,000,000 * Tax: 5% At Buy, 5% At Sell * Lock: LP Locked on Unicrypt * Ownership Renounced: Yes FREQUENTLY ASKED QUESTIONS WHAT IS UNIGEN FINANCE? Unigen Finance is Web3’s decentralized reserve currency. Unigen’ purpose is to provide the growing Web3 financial ecosystem with a censorship-resistant currency that preserves purchasing power, has deep liquidity, is trusted and used widely as a unit of account. Unigen Finance is supported by a robust and growing Treasury, which acts as a counterbalance to the market, adding confidence and stability to a volatile system. WHAT IS THE GOAL OF UNIGEN? Our goal is to build a policy-controlled financial reserve currency that: * Preserves purchasing power via long-term price stability * Has deep liquidity across decentralized and centralized exchanges * Is utilized as a unit of account (e.g., by being paired against many other assets in Web3) * Is utilized as trusted backing (e.g., to collateralize other assets or deposited into protocols’ treasuries). WHY DO WE NEED UNIGEN IN THE FIRST PLACE? Dollar-pegged stablecoins have become an essential part of crypto due to their lack of volatility as compared to tokens such as Bitcoin and Ether. Users are comfortable with transacting using stablecoins knowing that they hold the same amount of purchasing power today vs. tomorrow. But this is a fallacy. The dollar is controlled by the US government and the Federal Reserve. This means a depreciation of the dollar also means a depreciation of these stablecoins. Unigen aims to solve Web3’s reliance on centralized, censorable stablecoin assets by creating a non-pegged reserve currency called Unigen that is backed by a basket of assets. Unigen actively utilizes its Treasury as a counterbalance to the market and to grow. IS $UNIG A STABLE COIN? No, $UNIG is not a stable coin. Our goal is to develop a Web3-native asset that helps users preserve purchasing power, has deep liquidity across the ecosystem, is utilized broadly as a unit of account and serves as a trusted backing for other decentralized assets. IS $UNIG PEGGED? No. $UNIG is backed, not pegged. Unigen Finance is a protocol on the Ethereum blockchain with the goal of establishing Unigen as a crypto-native reserve currency. It conducts autonomous and dynamic monetary policy, with market operations supported by the protocol-owned Unigen Treasury. © Unigen Finance 2023 LINKS Home About Tokenomics FAQ RESOURCES Documentation Github Audit (Soon) KYC FOLLOW US Twitter Telegram Medium Launch me