Certainly, our incentivized V2 testnet program has been keeping you quite busy but there’s no time to rest as we’re back with yet another enticing campaign where you can Earn $UNB by Learning and exploring more about Unbound.
With this campaign, we aim to raise awareness and educate the community about Unbound V2, our upcoming protocol version. The program lasts 5 weeks starting today, October 28th to November 30th with a total of $1000 worth of UNB tokens to be given away.
Are you ready to get going?
Rewards are just two challenges away!
Use the Gleam link here to complete the following tasks:
- Follow the official Unbound Twitter channel
- Like and Retweet the Unbound V2 Learn and Earn campaign Twitter announcement
- Join the official Unbound Announcement channel on Telegram
- Refer 2 friends
Read informative content about Unbound V2 and take quizzes each week.
During the activity period, the Unbound team will post a new article and the corresponding quiz link at the beginning of each successive week on the Unbound Twitter channel. So be sure to keep an eye out for the announcement!
Please make note that the link to each quiz shall remain active only for a period of 7 days.
10 random participants who successfully complete both challenges will share a prize pool of $200 in $UNB at the end of each quiz.
Participants can attempt all the quizzes using the same wallet address to maximize the chances of winning rewards. However, each wallet address will be eligible to receive rewards from each quiz only once.
Winners will be announced on the Unbound Twitter channel at the end of each quiz. Upon the announcement, winning participants are kindly requested to email their wallet address to firstname.lastname@example.org within 48 hours. The UNB rewards will be transferred to the winning participant’s wallet address within 14 days following the receipt of the confirmation email.
Good luck and may the best Unbounder win!
About Unbound Finance
Unbound Finance is a novel, non-custodial lending platform, driven towards enabling newer and better opportunities of yield with a view to improving the overall capital efficiency of the DeFi ecosystem. The platform enables DeFi users to borrow over-collateralized synthetic asset loans in the form of UND stablecoin by collateralizing liquidity pool tokens (LP tokens) and concentrated liquidity positions of next-gen AMMs such as Uniswap v3.
Through synthetic assets like UND stablecoin, Unbound aims to unlock the liquidity available in DeFi DEXs and to enable the easy flow of this liquidity from one chain to another without actually removing it.
The key highlights of the protocol are as follows:
- Interest-free borrowing: Unbound does not charge any interest on the borrowed UND.
- Perpetual borrowing: At Unbound, borrowers have unlimited maturities. Users can unlock the underlying collateral at any time by simply paying off the outstanding debt.
- Stablecoin UND: UND is the first flagship product of the Unbound protocol. It is a decentralized, cross-chain stablecoin designed to be native to the AMM space.
- Factory Smart Contracts: Unbound makes use of liquidity lock contracts that are permissionless and support EVM-based AMMs like Uniswap, Balancer, Curve, SushiSwap and the like.
- Collateralizing concentrated liquidity positions: Unbound is one of the first protocols that allows concentrated liquidity positions to be used as collateral for borrowing synthetic crypto assets such as UND stablecoin.