Post #44
1.16K
Unit protocol DApp (test version). ABC_ERC20 (or LP tokens) as collateral > USDP stable.
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UN Unit protocol Announcements
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Post #43
1.65K
Unit protocol (COL) on Etherscan
https://etherscan.io/token/0xc76fb75950536d98fa62ea968e1d6b45ffea2a55
https://etherscan.io/token/0xc76fb75950536d98fa62ea968e1d6b45ffea2a55
Post #42
1.31K
Hey Folks!
Unit protocol (COL) is now listed as a trusted token on airswap OTC https://trader.airswap.io/
trader.airswap.io AirSwap OTC: Trustless OTC for Any Ethereum Token Free, shareable OTC trading without the risk of third-party escrows. Trade any token with a customized price, quantity, and counterparty. Create, sign, and share anywhere. Unit protocol (COL) is now listed as a trusted token on airswap OTC https://trader.airswap.io/
Post #41
3.49K
Hey folks. We're almost done with the contracts and ready to share with the community.
Work on the audit started this Monday. We are also working on the DApp and hope to show the prototype soon.
https://github.com/unitprotocol/core
Work on the audit started this Monday. We are also working on the DApp and hope to show the prototype soon.
https://github.com/unitprotocol/core
Post #40
1.57K
Post #38
1.7K
Announcement about team tokens lock
Hello guys,
These days we receive a lot of information requests about the lock of team tokens. We would like to clarify our position about it.
When people research crypto projects they often pay attention to vesting. The main goal of vesting is to limit the ability of team members to sell their tokens during the time. In the article, we want to describe why vesting is not applicable to Unit protocol.
This practice existed before, but especially became very popular during the recent IEO boom when initial circulation was artificially limited because exchanges commonly use the pump and dump schemes to attract the users and incentives the demand for their tokens. Most of the time projects had low quality, so the only reason why their tokens could not be dumped instantly was vesting. Since the tokens became eventually unlocked they were instantly dumped because there is no internal value and team members understand it. It is reasonable to consider a huge amount of vested tokens as a source of the risk because the reason why the tokens can't be dumped is just that they are locked, not because the team actually believes in their own project and don't want to sell it.
The Unit protocol started from the wide community lockdrop and so far didn't attract any side funding at all. The core team has absolutely no salary and work on enthusiasm and vision because actually we are the first customers of our own project by ourselves. We are someone who is interested to use tokens in their diversified portfolio as collateral and get stablecoin liquidity for it. More than we invest our own money for project development and any project needs. Therefore we have significant "skin in a game" and very interested to make everything possible to make the project successful.
Unfortunately, project development and hiring of additional very talented people is not always a free process. To speed up our progress we will need some additional funding sources, so for the upcoming month, we consider attracting $300-600k of additional capital, but only from investors who actually can bring value for the project. The funding will be extremely beneficial for Unit protocol and as a consequence for all token holders.
Conclusion:
We understand the concerns of our community and we are really thankful for everyone's support and help. We understand if you are not comfortable to be a part of the Unit protocol community at the moment. With the article, we just want to notice that the Unit protocol team has a strong focus on project development, and there is no contradiction with the Unit protocol's long-term success. It can be proved with our dedicated approach and our actions. We face many difficulties on a daily basis and working hard to deliver reliable products. Thank you for your support.
For any requests or questions, you can use the official channel of communication: hello@unit.xyz
Hello guys,
These days we receive a lot of information requests about the lock of team tokens. We would like to clarify our position about it.
When people research crypto projects they often pay attention to vesting. The main goal of vesting is to limit the ability of team members to sell their tokens during the time. In the article, we want to describe why vesting is not applicable to Unit protocol.
This practice existed before, but especially became very popular during the recent IEO boom when initial circulation was artificially limited because exchanges commonly use the pump and dump schemes to attract the users and incentives the demand for their tokens. Most of the time projects had low quality, so the only reason why their tokens could not be dumped instantly was vesting. Since the tokens became eventually unlocked they were instantly dumped because there is no internal value and team members understand it. It is reasonable to consider a huge amount of vested tokens as a source of the risk because the reason why the tokens can't be dumped is just that they are locked, not because the team actually believes in their own project and don't want to sell it.
The Unit protocol started from the wide community lockdrop and so far didn't attract any side funding at all. The core team has absolutely no salary and work on enthusiasm and vision because actually we are the first customers of our own project by ourselves. We are someone who is interested to use tokens in their diversified portfolio as collateral and get stablecoin liquidity for it. More than we invest our own money for project development and any project needs. Therefore we have significant "skin in a game" and very interested to make everything possible to make the project successful.
Unfortunately, project development and hiring of additional very talented people is not always a free process. To speed up our progress we will need some additional funding sources, so for the upcoming month, we consider attracting $300-600k of additional capital, but only from investors who actually can bring value for the project. The funding will be extremely beneficial for Unit protocol and as a consequence for all token holders.
Conclusion:
We understand the concerns of our community and we are really thankful for everyone's support and help. We understand if you are not comfortable to be a part of the Unit protocol community at the moment. With the article, we just want to notice that the Unit protocol team has a strong focus on project development, and there is no contradiction with the Unit protocol's long-term success. It can be proved with our dedicated approach and our actions. We face many difficulties on a daily basis and working hard to deliver reliable products. Thank you for your support.
For any requests or questions, you can use the official channel of communication: hello@unit.xyz
Post #36
1.26K
Post #33
3.08K
Hey folks!
Following the massively successful lockdrop event, we've spent the past few months actively working on one of the key parts of our system. Today we are ready to introduce the Unit protocol, a decentralized borrowing protocol that allows users to obtain liquidity from a large variety of tokens by minting $USDP stablecoin. $COL token will still be used as an additional collateral for any debt created in the system and its distribution parameters will remain unchanged. You can take a look at our new site at unit.xyz.
We came to realization that the previous name "The PayCash" does not capture the core concept of the project and is not suitable for the protocol. Concentrating human and financial resources on a decentralized borrowing protocol will allow us to speed up the development and release of the product. We are eager to share a draft version of our whitepaper today and we are looking forward to your feedback.
Right now, most of the contracts are finished and the protocol development nears the internal testing stage. When we are confident that things work as designed, we will be ready to deploy the contracts to testnet along with a simple Dapp interface and propose our community to check it out. During that stage, we are going to iterate on a user-friendly interface for the Dapp and prepare everything ready for a code audit.
Following the massively successful lockdrop event, we've spent the past few months actively working on one of the key parts of our system. Today we are ready to introduce the Unit protocol, a decentralized borrowing protocol that allows users to obtain liquidity from a large variety of tokens by minting $USDP stablecoin. $COL token will still be used as an additional collateral for any debt created in the system and its distribution parameters will remain unchanged. You can take a look at our new site at unit.xyz.
We came to realization that the previous name "The PayCash" does not capture the core concept of the project and is not suitable for the protocol. Concentrating human and financial resources on a decentralized borrowing protocol will allow us to speed up the development and release of the product. We are eager to share a draft version of our whitepaper today and we are looking forward to your feedback.
Right now, most of the contracts are finished and the protocol development nears the internal testing stage. When we are confident that things work as designed, we will be ready to deploy the contracts to testnet along with a simple Dapp interface and propose our community to check it out. During that stage, we are going to iterate on a user-friendly interface for the Dapp and prepare everything ready for a code audit.
Post #31
1.88K
Hey folks!
Unit protocol $COL is listed on several exchanges.
We put list together in one message for your convenience.
Uniswap
https://uniswap.info/token/0xc76fb75950536d98fa62ea968e1d6b45ffea2a55
Bamboorelay (0x relayer)
https://bamboorelay.com/trade/COL-WETH
Balancer pool #1
https://pools.balancer.exchange/#/pool/0xf41A12Bf3E5DadD8bcc8494a7C7Cb80101331098/
Bilaxy
https://bilaxy.com/trade/COL_ETH
BKEX
https://www.bkex.com/trade/COL_USDT
$USDP
https://info.uniswap.org/token/0x1456688345527be1f37e9e627da0837d6f08c925
Unit protocol is a decentralized borrowing protocol that allows using a variety of tokens as collateral.
unit.xyz
Unit protocol $COL is listed on several exchanges.
We put list together in one message for your convenience.
Uniswap
https://uniswap.info/token/0xc76fb75950536d98fa62ea968e1d6b45ffea2a55
Bamboorelay (0x relayer)
https://bamboorelay.com/trade/COL-WETH
Balancer pool #1
https://pools.balancer.exchange/#/pool/0xf41A12Bf3E5DadD8bcc8494a7C7Cb80101331098/
Bilaxy
https://bilaxy.com/trade/COL_ETH
BKEX
https://www.bkex.com/trade/COL_USDT
$USDP
https://info.uniswap.org/token/0x1456688345527be1f37e9e627da0837d6f08c925
Unit protocol is a decentralized borrowing protocol that allows using a variety of tokens as collateral.
unit.xyz
Post #27
1.21K
Hello guys. ThePay.cash $COL token was added to the Trust Wallet https://trustwallet.com
ThePay.cash aims to build the network for fast and free transfer of different stable coins. COL token will be used for governance, staking and collateral for minting native USDP stable coin.
We would like to thank @milkyklim for help.
ThePay.cash aims to build the network for fast and free transfer of different stable coins. COL token will be used for governance, staking and collateral for minting native USDP stable coin.
We would like to thank @milkyklim for help.
Post #24
915
Post #23
1.05K
Hello guys. We have some great news for you and ready to announce our first exchange - ViteX. It is cross-chain DEX built on Vite protocol. The Pay Cash $COL is listed https://x.vite.net/trade?symbol=COL-000_ETH-000 and will be available for trading right after unlock time.
Trading starts on 21 May at 6:03 PM (UTC).
How to trade on ViteX
https://telegra.ph/How-to-trade-on-ViteX-05-21
ThePay.cash aims to build the network for fast and free transfer of different stable coins. COL token will be used for governance, staking and collateral for minting native USDP stable coin.
Telegraph --------------------------------------- ----------------------------------------------------------------- Trading starts on 21 May at 6:03 PM (UTC).
How to trade on ViteX
https://telegra.ph/How-to-trade-on-ViteX-05-21
ThePay.cash aims to build the network for fast and free transfer of different stable coins. COL token will be used for governance, staking and collateral for minting native USDP stable coin.
Post #20
1.57K
Hey, folks.
COL token distribution & ETH unlocking starts 21 May 6:03 PM (UTC).
Contract on etherscan:
https://etherscan.io/address/0x46dac43ca95e316ef2124b1a4dd7806e93106c42
Lockdrop page:
https://lockdrop.thepay.cash
https://thepay.cash
Ethereum (ETH) Blockchain Explorer Address: 0x46dac43c...e93106c42 | Etherscan Contract: Verified | Balance: $52.04 across 1 Chain | Transactions: 148 | As at Sep-08-2025 04:53:38 PM (UTC) COL token distribution & ETH unlocking starts 21 May 6:03 PM (UTC).
Contract on etherscan:
https://etherscan.io/address/0x46dac43ca95e316ef2124b1a4dd7806e93106c42
Lockdrop page:
https://lockdrop.thepay.cash
https://thepay.cash
Channel created