Unslashed Finance (USF)

From CryptoWiki

Revision as of 09:02, 23 January 2022 by 5imp5on (talk | contribs) (1 revision imported)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Basics

"With Unslashed, you can take part in the consensus protocol of your favorite PoS blockchain without the need to worry about the rest."

"Unslashed Finance is currently in private beta mode. Unslashed Finance offers bucket-style risk pooling for capital providers. The first product, named Spartan Bucket, covers 24 different risks covering counterparties such as custodians, wallets, exchanges, smart contracts, validators, and oracles."

History

Token

Launch

Token allocation

Utility

Token Details

Stablecoin

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

How it works

Staking

Liquidity Mining

Scaling

Interoperability

Other Details

Privacy Method

Compliance

Oracle Method

Their Other Projects

DEX

Governance

DAO

Treasury

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

Bugs/Exploits

Usage

"The project had been running a private beta, during which it [was] covering over $1.23 billion worth of value locked across DeFi and crypto exchanges."

Projects that use or built on it

"It offers protection for funds on Coinbase, Binance, Bitmex but also on Synthetix, Bancor, and Balancer pools."

"Lido Finance purchased $200 million worth of cover from Unslashed Finance for its stETH (ETH 2.0 staking) to cover the risk of slashing penalties. Slashing refers to penalties exerted towards the Proof of Stake (PoS) network’s validator when the validators fail to maintain the network consistently."

Competition

Coin Distribution

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].
  • Marouane Hajji; founder

Funding

"Raised £1.5 million in a round that included investment from the likes of Kyber Founder Loi Luu and Argent Founder Itamar Lesuisse."

Partners