Welcome to the first edition of our periodic newsletter, the easiest way to follow Unit Protocol.
Quick Update:
qDUCK Staking
Allowing $DUCK holders to capture value from Unit Protocol operations was always important for us. That is why in the early days we used collected fees to buyback DUCK from the market and burn them.
Now the fees are collected inside the protocol treasury to perform frequent market-buys of $DUCK tokens and add them to the qDUCK pool, distributing tokens to $DUCK stakers.
You can see statistics of fees collected on the community-run - quackprofits.xyz. So far Unit Protocol has generated a total of 5,201,040USDP in profits.
How to get qDUCK?
First, go to http://unit.xyz/staking, then connect your wallet.
Now you only need to Approve and Stake your $DUCK.
Infographics
Here is a handy infographic to help you better understand the $DUCK value-accrual process.
CDP Explorer
Unit Protocol CDP explorer is now live for both Ethereum and BSC. You can search all the CDPs on the platform by collateral or owner, with an option to sort by Liquidation Price (Risk) and size.
That is very useful to analyze real risk appetite for different collaterals, as well as to better understand the security of USDP.
Check it out at explorer.unit.xyz
More about Unit Protocol
DAPP: https://unit.xyz
Twitter: https://twitter.com/unitprotocol
Wiki: https://docs.unit.xyz
Official Telegram Community: https://t.me/unit_en
Official Discord Community: https://discord.gg/3dgP3ezDAF