22 September 2021 – Unit Protocol adds 10 new tokens
Gitcoin’s grant token, GTC, is particularly cool. This project gives people a chance to put some tokens behind early-stage projects – and they’re showcasing some really interesting ideas there.
9 September 2021 – 1st Unit Protocol community chess tournament starts ♟️ $1000 for first place, $500 for 2nd place, and $250 for 3rd place
2 September 2021 – TVL reaches $600 mn!
16 August 2021 – CDP explorer released 🤖 Search all CDPs on Unit Protocol by collateral or owner at https://explorer.unit.xyz. Excellent for gaining some insight into the risk appetite for different collaterals.
10 August 2021 – Total minted $USDP cruises past the one billion mark
5 August 2021 – Staking launches!
One more step towards our goal of creating value for everyone who uses Unit Protocol.
The qDUCK smart contract uses the protocol treasury to buy $DUCK tokens from the open market at set intervals of time, and then adds them to the qDUCK pool so the profits can be distributed to $DUCK stakers.
So far, Unit Protocol has generated a total of 4,947,985 $USDP. You can see stats on fees at the community-run quackprofits.xyz website.
7 July 2021 – 130+ ways to get minty fresh $USDP
You can now mint $USDP with a fixed annual stabilization rate of 2.9% with over 130 types of collateral. The silent revolution continues.
6 July 2021 – Leveraged Yield Farming appears Unit Protocol introduces 6 new yearn vault collaterals:
July 2021 – Unit Protocol adds 6 new tokens
28 June 2021 – Unit Protocol introduces 12 new yearn vault collaterals
8 June 2021 – New channel for tracking liquidations on Telegram The liquidation tracker has now moved to https://t.me/unit_protocol_liquidations. Join if you want to keep track of all the liquidations that have been triggered on Unit Protocol.
June 2021 – Unit Protocol adds 7 new tokens, 6 new compound tokens, and 12 new yearn vault tokens
12 May 2021 – Unit Protocol introduces 6 new tokens Unit Protocol introduces 6 new compound collaterals:
3 May 2021 – TVL reaches $500 mn!
May 2021 – Unit Protocol adds 12 new tokens, 3 new Uniswap tokens, and 2 new yearn vault tokens
11 April 2021 – TVL reaches $300 mn!
10 April 2021 – Unit Protocol announces the full integration of Chainlink oracle 🤖 Unit Protocol will support all existing assets on the Chainlink feed, making it much easier to integrate new assets in the future. Chainlink oracle will ensure reliable and robust price data, as well as significantly increasing the list of collaterals available on Unit Protocol.
April 2021 – Unit Protocol adds 17 new tokens
2 March 2021 – 🔥🔥🔥 The team burns 90% of staking tokens 🔥🔥🔥 The remaining 10% was held back for possible future incentive programs. This significant step resolved the issue with the massive amount of undistributed tokens and increased security for token holders. The total value of the burned tokens exceeds $100m. Link to the burn here.
March 2021 – Unit Protocol adds 10 new tokens and 3 new LP tokens
11 March 2021 – Unit Protocol on BSC release
February 2021 – Unit Protocol adds 9 new tokens
21 January 2021 – Unit Protocol adds 18 new tokens
12 January 2021 – Unit Protocol adds SushiSwap tokens as collateral Now, you can use SushiSwap LP tokens to mint USDP (https://app.unit.xyz). This will help you keep gas expenses low while giving you the opportunity to keep collecting trading fees.
SUSHISWAP LP SUSHI-ETH
SUSHISWAP LP UMA-ETH
SUSHISWAP LP USDT-ETH
SUSHISWAP LP YFI-ETH
SUSHISWAP LP COMP-ETH
SUSHISWAP LP USDC-ETH
SUSHISWAP LP CRV-ETH
SUSHISWAP LP REN-ETH
SUSHISWAP LP SNX-ETH
SUSHISWAP LP BAND-ETH
SUSHISWAP LP DAI-ETH
SUSHISWAP LP LINK-ETH
SUSHISWAP LP WBTC-ETH
SUSHISWAP LP AAVE-ETH
SUSHISWAP LP UNI-ETH
28 December 2020 – 👀 Track liquidations in 1 click 👀
The liquidator tracker is now live at https://github.com/unitprotocol/liquidator. Great if you want to keep an eye on which CDPs are exposed to liquidation and which ones have already been liquidated.
21 December 2020 – Unit Protocol adds DUCK tokens:
17 December 2020 – 5-year plan Unit Protocol announces plans to lock all team tokens for 5 years with a linear unlock.
Smart duck – long-term quack 🦆🦆🦆
14 December 2020 – $DUCK is listed on the Gate.io exchange
13 December 2020 – COL > DUCK The team announces that the migration app is ready https://migration.unit.xyz/. You can now swap your $COL for $DUCK. For 100 COL, you get 1 DUCK.
13 December 2020 – The community quacks…
The results of 2 community votes are now out https://snapshot.page/#/unitprotocol.eth.
Ticker vote 👉 105 people participated in the vote and 87.06% (2.43 billion $COL tokens) voted for migration to the $DUCK ticker.
Supply vote 👉 The community voted to decrease the total supply 100-fold. That means 100 COL will get you 1 DUCK.
13 December 2020 – Unit Protocol adds 8 new tokens and 12 new Uniswap tokens:
8 December 2020 – Unit Protocol pulse channel released 🤖 Unit Protocol pulse, our new channel on Telegram, lets you track all the CDPs that have been set up and closed in real time. Join here: https://t.me/unit_protocol_pulse
6 December 2020 – Quackonomy update released USDP can now be minted with selected collateral in just a few clicks. This has simplified the user experience and will allow Unit Protocol to grow much faster. But what about the token economy?
Unit Protocol collects stability fees and liquidation fees, which will be distributed into the COL token ecosystem. During the first year, 100% of all fees are to go straight into the protocol’s ecosystem.
5 December 2020 – Keep3rV1 integrated for CDPs The team has announced the integration of the Keep3rV1 oracle solution for all token CDPs. This has reduced the price of opening CDP for users to only $4 (20 Gwei)!
Quacking awesome 🦆🦆🦆
3 December 2020 – 🔥🔥🔥 Millions of ducks cremated 🔥🔥🔥 Ethereum (ETH) detailed transaction info for txhash 0x75303111531e6c2d71a4ac9b4e85b29326e3a04081d29fd38eb0a4d33582e11a.
We burned some rubber.
29 November 2020 – Bilaxy lists COL
👉 Contract: 0xC76FB75950536d98FA62ea968E1D6B45ffea2A55
👉 Deposit/Withdrawal/ Trading: enabled
25 November 2020 – Unit Protocol (soft-) launched on Ethereum mainnet Unit Protocol has now been deployed on mainnet at https://app.unit.xyz/ with 15 assets (9 tokens and 6 Uniswap LP tokens). Each asset has a limit of 50 000 USDP.
20 November 2020 – Artem adds a profile photo on Telegram
8 November 2020 – Assets for Unit Protocol’s test DApp sent at 9 p.m. UTC 🦆
26 October 2020 – The DApp is ready Early adopters shake their wings in anticipation.
23 October 2020 – $USDP logo chosen
3 October 2020 – Second security audit of smart contracts completed This time round, the audit was conducted by Mixbytes. Read the full report here.
29 September 2020 – First security audit of Unit Protocol’s smart contracts completed with flying colours The audit was conducted by CertiK and no major or critical vulnerabilities were found. Read the full report here.
15 September 2020 Unit Protocol launches test version of the DApp ABC_ERC20 (or LP tokens) as collateral > $USDP stable.
12 August 2020 – Unit Protocol (COL) on Etherscan 👉 https://etherscan.io/token/0xc76fb75950536d98fa62ea968e1d6b45ffea2a55
12 August 2020 – AirSwap Trader: Trustless OTC for any Ethereum token Free, shareable OTC trading without the risk of third-party escrows. Trade any token with a customized price, quantity, and counterparty. Create, sign, and share anywhere.
Good call, $COL is now listed as a trusted token on airswap OTC https://trader.airswap.io/
22 July 2020 – $COL Trading Group/Price chat launches The trading group for Unit Protocol’s $COL is up and running at https://t.me/unitColtrading
22nd July 2020 – BKEX Global announce $COL listing BKEX Global will list $COL for trading from 2020/07/22 15:00 (UTC+8).
20 July 2020 – White paper released. Unit Protocol begins. Following the massively successful lockdrop event, we've spent the past few months working on one of the key parts of our system. Today we are ready to introduce Unit Protocol – a decentralized borrowing protocol that allows users to obtain liquidity from a large variety of tokens by minting $USDP stablecoin. The $COL token will still be used as an additional collateral for any debt created in the system and its distribution parameters will stay the same. You can take a look at our new site at unit.xyz.
We came to the realisation that our previous name ‘The PayCash’ did not capture the core concept of the project. Concentrating human and financial resources on a decentralised borrowing protocol will allow us to speed up development and release the product sooner. We are excited to share a draft version of our whitepaper today, and we are looking forward to your feedback.
Right now, most of the contracts are finished and the protocol is nearing the internal testing stage. When we are confident that things work as we want them to, we will be ready to deploy the contracts to testnet along with a simple Dapp interface and ask our community to check it out. During that stage, we are going to iterate on a user-friendly interface for the Dapp and get everything ready for a code audit.
21 May 2020 – Trading starts on ViteX The Pay Cash $COL is listed at https://x.vite.net/trade?symbol=COL-000_ETH-000 and will be available for trading right after unlock time. Vitex is a cross-chain DEX built on Vite protocol.
7 May 2020 – The lockdrop begins
17 March 2020 – thepay.cash testnet goes live! The confirmation time is around 3 seconds. The plan is to be a 3-part system:
1. A stablecoin network with free transactions;
2. A collateral module. Mint USDP stable from COL and other ERC20 tokens;
3. A staking module.