Unbound on BNB Chain
UNB / UNB
Price: $0.0₃4610
Token: 0x301af3eff0c904dc5ddd06faa808f653474f7fcc
Pair: 0xe789bb743efc5f3c5f395380f649e13d83543242
Links
Token: 0x301af3eff0c904dc5ddd06faa808f653474f7fcc
Pair: 0xe789bb743efc5f3c5f395380f649e13d83543242
Price
$0.0₃4610
Change 24h
+
0.00%
High 24h
$0.0₃4610
Low 24h
$0.0₃4610
Market cap
$129.36K
Volume 24h
$5.04
Liquidity
$89.20
Tax
0%
Holders
2.8K
Added to BNB
1 year ago
Updated: 2024-12-2 12:00 UTC
Created: 2023-12-22 10:56 UTC
Pressure
Introducing Unbound (UNB): A New Arrival on the BNB Chain
Welcome to the detailed profile of Unbound (UNB), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, Unbound (UNB) was launched with the intent to join the thriving BNB Chain ecosystem.
This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.
At NewCoinHub, we provide up-to-date and comprehensive data about Unbound (UNB) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.
Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.
Read on to learn more about Unbound (UNB) and find answers to some frequently asked questions.
Token description
Unbound Finance is a decentralized, non-custodial platform that is building a derivative layer over the existing AMMs with a view to increase the overall capital efficiency of the DeFi space. Liquidity providers can compound their earnings by leveraging their LP tokens to mint UND (decentralized, cross-chain, stablecoin soft pegged to the US dollar) and uETH. The protocol is characterized by several unique features, some of which include: Get Liquidity Without Removing Assets From Liquidity Pool Users can keep their liquidity on a DEX in a liquidity pool and still have additional stablecoins to trade on different AMMs. For example, if a user has $10,000 locked in the $USDT-$USDC pool on Uniswap, that user can lock up their LPTs on Unbound and mint stable coins ($UND) worth $8,000 on BSC to trade on PancakeSwap while the users liquidity is still on Uniswap thereby enjoying the benefits of fee on Uniswap and having enough liquidity to trade on PancakeSwap. This way Unbound will be able to move liquidity from AMMs across different chains to PancakeSwap and vice versa without physically removing liquidity. Debt-Free Borrowing The protocol charges no interest on loans taken out by the liquidity providers. To redeem their loan, they simply repay the amount of UND or uETH they borrowed to retrieve their collateral (i.e. their LP tokens). Liquidation-free Collateralization Unbound completely nixes the liquidation engine seen with more collateralized lending platforms. As a result, users do not need to concern themselves with the potential liquidation of their collateral. Instead, Unbound uses SAFU, an emergency insurance fund, to secure the collateralized assets of borrowers during so-called ‘black swan’ events. Perpetual Borrowing At Unbound, loans have no fixed repayment deadline. Users can unlock their collateralized assets any time by paying back the outstanding debt — without any restrictions. The UND Stablecoin Unbound Finance’s first product is the cross-chain, decentralized stablecoin known as UND. It is an ERC-20 token soft-pegged to the US dollar and backed by user deposits. Secured Price Oracles The platform uses a geometric mean of highly secured price oracles including Uniswap’s TWAP (Time Weighted Average Price) and Chainlink to obtain accurate asset price information. It also makes use of the “block limit lock mechanism” as a security measure against flash loan attacks and other related cyber-attacks. This is a protection mechanism that forces users to wait for at least three to five blocks of confirmation to again interact with the smart contracts. Besides this, the protocol has been subjected to a series of audits to further enhance the security of the platform. Cross-Chain Bridges Unbound is working to establish strategic partnerships with projects building across multiple blockchains. In line with this, it is also constructing cross-chain bridges to enable UND and other synthetic assets to be transferred across multiple blockchains.
Token overview
What is Unbound (UNB)?
Unbound (UNB) is a newly launched cryptocurrency token on the BNB Chain. We encourage all potential investors to do their due diligence and thoroughly research new tokens before making any investment decisions.
What is the price of Unbound today?
As of our latest update, the current price of one Unbound (UNB) is approximately $0.0₃4610. Please note that cryptocurrency prices are extremely volatile and can change rapidly.
How do I buy Unbound?
You can purchase Unbound (UNB) by using the 'trade' button on NewCoinHub. Alternatively, PancakeSwap is another platform that allows trading of Unbound.
What is Unbound smart contract address?
The smart contract address for Unbound (UNB) is 0x301af3eff0c904dc5ddd06faa808f653474f7fcc. Always verify smart contract addresses before making transactions to avoid scams.
What is the Unbound Market Cap Today?
The market cap of Unbound (UNB) as of today is $129,357.13. Market cap, which is the total value of all tokens in circulation, is calculated by multiplying the current price by the total supply of the token.
What is the last 24h Unbound trading volume?
The trading volume of Unbound (UNB) in the last 24 hours was $5.04. Trading volume represents the total number of tokens traded on all exchanges in the past 24 hours.
How much liquidity does Unbound have?
As of now, the liquidity of Unbound (UNB) is $89.20. Liquidity refers to the ease with which a cryptocurrency can be bought or sold without affecting its price.
How many people are holding Unbound?
Currently, there are 2849 holders of Unbound (UNB). This number refers to the total count of unique addresses holding at least some amount of Unbound.
Frequently asked questions
What is a Newly Launched Crypto Token?
A newly launched crypto token is a type of cryptocurrency that has recently been released to the market. These tokens are often introduced through a process known as an Initial Coin Offering (ICO), Initial Dex Offering (IDO), or similar launch mechanism.
What is the BNB Chain?
The BNB Chain, formerly known as the Binance Smart Chain (BSC), is a blockchain network built for running smart contract-based applications. It's designed to be fast and efficient, with a focus on enabling the creation and exchange of new tokens.
What is PancakeSwap?
PancakeSwap is a decentralized exchange (DEX) running on the BNB Chain. Users can trade directly from their wallets in an automated manner, offering liquidity in exchange for fees.
What is a smart contract address?
A smart contract address is a unique identifier within a blockchain where a smart contract resides. Transactions, including token buying or selling, interact with these addresses.
What does token liquidity mean?
Token liquidity refers to how easily a token can be bought or sold without causing significant price changes. High liquidity usually means that the token can handle large trading volumes without substantial price swings.
What does token trading volume mean?
Token trading volume is the total quantity of a token that has been traded (bought and sold) during a specific period, typically 24 hours. It provides insight into the token's activity and popularity.
What is a token holder?
A token holder is a person or entity that owns some quantity of a specific cryptocurrency token. The number of holders can be indicative of a token's distribution and its community size.
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