Cryptomustar
Saturday, September 23, 2023
  • Home
  • Altcoin
  • Bitcoin
  • Ethereum
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Ethereum
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
Cryptomustar
No Result
View All Result
Home Press Release

UNICAP Crypto Exchange-Traded Fund (CETF) & DeFi ecosystem

by Press Release
October 4, 2020
in Press Release
0
UNICAP Crypto Exchange-Traded Fund (CETF) & DeFi ecosystem
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

Сollateralized Swap Token UCAP

UNICAP.Finance project is a profitable and transparent crypto exchange-traded fund (CETF) with DeFi ecosystem (DeFi Bank). The project is a development by FINEXPO and currently has a total value of $252,686 locked into the protocol and targeted capitalization of 500 million dollars.

Investors can earn a stable income by creating a crypto fund that serves as a collective investment. They swap their crypto for the native token UCAP, which the project offers in exchange for a user’s investment on UNICAP. 

RELATED POSTS

GDEV Demonstrates Ongoing Commitment to Best Sustainability Practices

Schrodinger, The New Memecoin Sensation Based On A Unique Quantum Cat, Announces Successful Launch

A crypto exchange-traded fund (CETF) is a type of fund and exchange-traded product, i.e. they are traded on crypto exchanges. CETF are similar in many ways to mutual funds, except that CETF are bought and sold throughout the 24 hours on crypto exchanges. Swap yours crypto assets to token ERC20 – UCAP

The total supply of UCAP capped at 100M tokens will be allocated in three pre-sale swap levels, followed by a multi-tiered sale. The token price increases by $0.1 on every next level and will rise from $1 in pre-sale swap level 1 to $20 by the end of the token allocation. 

UNICAP DeFi Bank

Investors on UNICAP can take part in decentralized finance through the project’s DeFi Bank. This feature is a crypto deposit and loan protocol that supports deposit, withdrawal, and borrowing, and paying at any time.

UNICAP DeFi Bank leverages smart contracts deployed on a blockchain to facilitate quick and easy borrowing once a user provides the appropriate collateral. Crypto owners can also obtain returns for depositing their assets in the smart contract. 

The DeFi Bank protocol automatically sets a loan quota that determines the maximum token amount investors can lend on the contract. 

For borrowers, the smart contract monitors their loan and seizes the user’s assets for liquidation once the borrowed amount exceeds the limited ratio of its collateral. Arbitrageurs, however, are permitted to call the liquidation contract and replace seized digital assets for a discount. 

UNICAP DeFi bank users can lend a wide array of stablecoins and tokens at collateral rates ranging from 120%-150% and liquidation discount of 95%. The collateral rates and liquidation discounts differ depending on the market cap, liquidity, and price stability of the digital asset in question.

DeFi Bank Interest Rate Module

UNICAP DeFi Bank adopts an algorithm-driven interest rate model. The smart contract monitors the changes in the relationship between token supply and demand. It then adjusts factors such as the total size of loans and the amount of fund supply, ensuring that the loan pool develops and increases healthily.

When the lending amount locked in the loan pool is low, the algorithm raises the loan interest rate slowly to encourage borrowing. And when the lending volume is high or close to saturation, loan interest rates go up quickly. This rapid increase in the lending rate boosts the deposit interest rate and encourages lenders to deposit more funds to the loan pool. 

The annual deposit interest rate ranges from 5% to 20% and is determined by the yearly lending interest rate and usage rate. The DeFi Bank’s smart contract specifies the maximum amount of a specific token that investors can lend in the contract/page. 

Join The UNICAP Crypto Exchange-Traded Fund & DeFi Ecosystem Today

The innovative UNICAP DeFi Bank offers investors an opportunity to earn additional profit from their inactive crypto assets. These funds provide liquidity to lending pools where borrowers can access quick loans. Interested investors can join the UNICAP platform by opening a Personal Account at https://invest.unicap.finance.In case of any queries on the UNICAP Fund DeFi ecosystem, send a request to the project team at [email protected].

Tags: CryptoDeFiUnicap
ShareTweetShare

Related Posts

Linklogis’ Smart-Bee Won Global SME Finance Awards

GDEV Demonstrates Ongoing Commitment to Best Sustainability Practices

by Press Release
September 22, 2023
0

GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its second Sustainability Report, with examples...

Schrodinger, The New Memecoin Sensation Based On A Unique Quantum Cat, Announces Successful Launch

Schrodinger, The New Memecoin Sensation Based On A Unique Quantum Cat, Announces Successful Launch

by Press Release
September 22, 2023
0

Schrodinger, an ERC-20 memecoin, was launched on September 21st. It saw an incredible price growth of 22,000% in just 24...

MachinaTrader Launches a New Era of Algorithmic Trading with NFT Giveaways and Early Platform Access

MachinaTrader Launches a New Era of Algorithmic Trading with NFT Giveaways and Early Platform Access

by Press Release
September 22, 2023
0

NFT owners will also get a complimentary wearable for Decentraland and other virtual realms through an airdrop. The platform's early...

Beyond the Hype: Why Sonorus is More Than Just Another Music Platform

Beyond the Hype: Why Sonorus is More Than Just Another Music Platform

by Press Release
September 22, 2023
0

Sonorus' Innovative Approach to Redefine Music in the Digital AgeSonorus stands as more than just a Music Platform; it represents...

Beyond the Hype: Why Sonorus is More Than Just Another Music Platform

by Press Release
September 22, 2023
0

Sonorus’ Innovative Approach to Redefine Music in the Digital Age Sonorus stands as more than just a Music Platform; it...

POPULAR NEWS

EverCash is Taking BUSD Rewards to the Next Level

EverCash is Taking BUSD Rewards to the Next Level

March 17, 2022
BitMart Innovates with Exclusive “Vote to Earn” NFT

BitMart Innovates with Exclusive “Vote to Earn” NFT

September 21, 2022
MEXC Global Sets to Uplift DuckDAO in a Long-term Partnership

MEXC Global Sets to Uplift DuckDAO in a Long-term Partnership

September 17, 2021
HyperEarn Officially Opens Its Token IDO

HyperEarn Officially Opens Its Token IDO

May 24, 2022

Voyage in Paradise announces Plastik Funk as its official partner and NFT Art sneak peek

June 11, 2022

EDITOR'S PICK

2019 Bitcoin investors back in profit above $21.8k

2019 Bitcoin investors back in profit above $21.8k

January 30, 2023
Which Meme Coins Will OKX List? Users Get to Decide!

Which Meme Coins Will OKX List? Users Get to Decide!

April 21, 2023
Anti-TikTok Politicking Shows Worst Tendencies of U.S. Pols

Anti-TikTok Politicking Shows Worst Tendencies of U.S. Pols

March 30, 2023

Smart Ethereum Whale Sells $41 Million ETH Before Market Crash: Report

August 19, 2023

About

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Follow us

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market
  • Press Release
  • Regulation

Recent Posts

  • Six And Counting: The Global Bitcoin Billionaire Phenomenon Unveiled
  • Ethereum Staking Momentum Falling, What’s Going On?
  • How Has The Fed’s Decision Impacted The Bitcoin Price? Crypto CEO Weighs In
  • GDEV Demonstrates Ongoing Commitment to Best Sustainability Practices
  • About Us
  • Privacy Policy
  • Contact Us

© 2020 cryptomustar.com

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Ethereum
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO

© 2020 cryptomustar.com

  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • yfBetayfBeta(YFBETA)$4.27-0.10%
  • IDLEIDLE(IDLE)$1.44-12.39%
  • WPP TokenWPP Token(WPP)$0.006826-3.49%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Werewolf CoinWerewolf Coin(WWC)$0.098082-2.58%
  • PolkaBridgePolkaBridge(PBR)$0.439784-6.92%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • EvidenZEvidenZ(BCDT)$0.122949-3.85%