Unbound Finance

Unbound Finance

Unbound Finance is a decentralized finance protocol that allows users to borrow a USD-pegged stablecoin, UND, at 0% interest by using concentrated liquidity positions and LP tokens as collateral.
Distributed

Description

Unbound Finance allows users to borrow the USD-pegged stablecoin, UND, at 0% interest by using concentrated liquidity positions and LP tokens as collateral. Key features include zero-interest borrowing, flexible repayment options, and automated farming rewards on collateralized assets. The ecosystem has two main tokens: UND, the native ERC-20 stablecoin backed by liquidity, and UNB, the governance token. UNB empowers holders to participate in the Unbound DAO, influencing the protocol's direction through voting on development and other decisions, ensuring the platform remains community-owned and aligned with user interests.