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Unbound Dollar (UND) is the first-ever decentralized cross-chain stablecoin backed by liquidity. Built on the Unbound Finance protocol, it offers innovative solutions to maximize DeFi earnings. Users can leverage their locked liquidity on decentralized exchanges to borrow UND stablecoin at 0% interest. The borrowed assets can be repaid anytime, allowing users to unlock LP tokens without any deadline for loan repayment. Additionally, Unbound Dollar is native to the AMM space, providing a secure and efficient stablecoin option for the DeFi community.
In the fast-paced decentralized finance (DeFi) world, Unbound is a decentralized lending protocol that constantly evolves to make the DeFi space more capital-efficient. Using liquidity provider tokens (LPTs) and Uniswap V3 positions as collateral, Unbound enables users to borrow stablecoins without selling their assets. This approach frees up valuable capital that can be utilized to earn additional yield or participate in other DeFi activities, enhancing financial strategies and investments in DeFi.
Exciting times are happening for the world of DeFi, and Unbound is at the forefront of innovation. The recent launch of Unbound V2 on the Arbitrum One Mainnet has injected fresh energy into the protocol. The Unbound V2 Mainnet offers users enhanced features and capabilities, providing them with more opportunities to optimize their DeFi experience. With support for AMM protocols and a commitment to building a strong community, Unbound Finance continues to redefine the possibilities within the DeFi landscape, empowering users to unlock their financial potential.
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