🛰️Overview
The FTX collapse in 2022 raised a critical question: Why do even decentralization enthusiasts rely on centralized exchanges (CEXs)? Despite blockchain's self-custody potential, CEXs dominate due to their user-friendly features, advanced trading options, and accessibility.
The truth is, most of us still use CEXs because they offer benefits not currently offered by DEXs:
Good User Experience (UX)
Advanced spot order types
Deep liquidity and low slippage
High leverage and margin trading
A broad range of simple yield products
Low-cost on/off-ramps
Simple, mobile-friendly interface
By relying on CEXs, we are essentially trading self-custody and censorship resistance for comfort and access to these features.
The Solution
Unstoppable aims to make CEXs obsolete by offering decentralized alternatives for every CEX feature. Our focus is on user-centric design, advanced trading options, comprehensive yield products, seamless fiat on/off ramps, and a simple mobile interface, all without compromising self-custody or exposing assets to censorship risks.
Spot trading with advanced order types, surpassing standard DEX offerings like Uniswap.
Leverage Spot Margin trading supported by fully-backed, non-synthetic assets.
Simplified yield generation through single-sided liquidity provisioning, devoid of impermanent loss and trader PnL exposure.
Effortless and cost-effective fiat to on-chain on/off ramp for seamless transactions.
Access to diverse markets including Tokenized Real-World Assets (RWAs), Foreign Exchange (FX), and commodities, secured via Traditional Finance (TradFi) partners.
User-friendly wallet app incorporating web2 ease with biometric authentication for secure and swift transactions.
Unstoppable users will have access to all of the above features without sacrificing their self-custody or exposing their assets to censorship.
Product Ecosystem
Pillar 1: DEX Our DEX replaces traditional trading platforms, offering advanced spot and margin trading, and simplified investment products. It forms the foundation of our ecosystem.
Pillar 2: Bridge The Bridge captures a portion of the daily off-chain FX market, providing fiat-to-crypto rails and volume to the DEX.
Pillar 3: Wallet The Wallet, integrated deeply with the DEX and Bridge, simplifies DeFi access and brings new user groups into the crypto ecosystem.
Together, these pillars synergize to expand the crypto ecosystem and make decentralized finance accessible to all.
Sustainable Tokenomics
The Unstoppable ecosystem features two utility tokens, $UND and $eUND, designed to align incentives and outcomes for the protocol and its participants.
The $UND token, with a fixed maximum supply of 100M, forms the core of the ecosystem and is available for staking and governance.
The $eUND token, earned by contributing to the ecosystem, is fully transferable and vests into $UND over 12 months. Holders must decide between vesting $eUND or utilising it in the staking and governance.
This dual-token model, alongside a commitment to no insider allocations for $UND and no incentivized $eUND liquidity, underpins a sustainable and equitable ecosystem.
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