What is UNB

1. Project Introduction
A decentralized, non-custodial platform that builds a derivative layer on top of existing AMMs to enhance overall capital efficiency in the DeFi space. Liquidity providers can use their LP tokens to mint $UND, a decentralized, cross-chain stablecoin that is softly pegged to the USD, to increase their yield.
Summary:
The first debt-free liquidity supply system. Unbound achieves this by constructing a derivative layer on top of AMMs such as Uniswap, Balancer, Mooniswap, Bancor, and Curve.fi, unlocking locked liquidity from existing AMM pools and providing loans using liquidity pool tokens (LPT) as collateral.
2. Team & Investment Info
Tarun Jaswani, Co-founder & CEO - A serial entrepreneur. In 2011, he founded Queryus, a programmatic digital media buying service. In 2015, he founded Unity, focusing on virtual reality advertising technology. He later joined IMAX, where he led blockchain initiatives for three years.
Funding:
Strategic Round (June 2021): Raised $5.8M (Pantera, CMS, Hashed participated)
Seed Round: Raised $504K
Private Sale: Raised $3.78M
Public Sale: Raised $350K through IDO platforms and $800K through an IEO on HTX
3. Social Media URLs
X: https://x.com/unboundfinance
Telegram: https://t.me/unboundfinance
Medium: https://unboundfinance.medium.com/
4. Token Info
Token Symbol: UNB
Total Supply: 10,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x8db253a1943dddf1af9bcf8706ac9a0ce939d922
Token Distribution:
Treasury: 30% (TGE unlock: 20%, 3-month lock-up, 24-month linear release)
Team: 25% (TGE unlock: 0%, 6-month lock-up, 42-month linear release)
Investors: 12.4% (TGE unlock: 10%, 6-month lock-up, 18-month linear release)
Friends & Family: 6.14% (TGE unlock: 10%, 6-month lock-up, 34-month linear release)
Early Investors: 5.32% (TGE unlock: 10%, 6-month lock-up, 27-month linear release)
Institutions: 5.07% (TGE unlock: 10%, 6-month lock-up, 27-month linear release)
IEO: 0.67% (TGE unlock: 100%)
IDO: 0.37% (TGE unlock: 30%, no lock-up, 3-month linear release)
Foundation: 15%
5. Related Links
Official Website: https://app.unbound.finance/
White Paper: https://wiki.unbound.finance/
Other Info: https://linktr.ee/UnboundFinance