Unlock Protocol (UDT)
From CryptoWiki
Basics
- Based in:
- Started in / Announced on:
- Mainnet release:
- Explained by investor Consensys Ventures: "Unlock is an Ethereum-based paywall-as-a-service protocol that allows creators (bloggers, authors, developers, journalists, etc) to monetize their content. In 2018, the company expanded its engineering team to five people and deployed a version of the protocol onto Rinkeby testnet. We believe Unlock is paving the way for the future of content monetization on the web, of which the blockchain will be an integral part.
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
- From Blockthreat (1-12-2021):
"On November 21, 2021 Unlock Protocol lost $9.7M worth of UDT after a private key compromise used on xDAI and Polygon networks."
- From Week in Ethereum (24-10-2021):
"Unlock Protocol’s UDT vulnerability, token could be burnt for any address, contract has since been upgraded.""
Governance
Admin Keys
DAO
Treasury
Token
Launch
Token Allocation
Utility
Other Details
Stablecoin
Coin Distribution
Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
Implementations
How it works
Fees
Upgrades
Mining
Staking
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
Privacy Method
Compliance
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding, Partners
Team
- Full team can be found [here].
Funding
- Got invested in by Consensys Ventures
- Raised money from General Catalyst, Cherry VC and a host of others.
Partners
(:
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