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Unit protocol Announcements Unit protocol Announcements @unit_ann · 239 subscribers
Post #169 1.84K
Unit Protocol on Fantom will have its own (and entirely independent) governance token. The token will be used for voting on:

- adding new collateral
- managing the limits for one collateral
- changes to stability and liquidation fees

Both stability and liquidation fees (on Fantom) will be distributed to holders of the new governance token.

The token will be distributed among DUCK token holders, who will stake their DUCK for 2 to 4 years on Ethereum https://unit.xyz/stakingv2
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