Unbound Finance is the world's first debt-free liquidity provider. Unbound accomplishes this by layering a derivative layer above Automated Market Makers (AMMs). Unbound's goal is to create solutions that are both native and modular to the DeFi ecosystem.
The Unbound protocol is a token ecosystem with two types of tokens. The stablecoin is UND, while the governance token is UNB. Protocol governance is handled by UNB. It encourages token holders to participate in decision-making in order to resolve conflicts. Token holders will be able to vote on suggested policy changes and implementations in order to better serve the community and improve the protocol's efficiency.
UNB token holders can participate in platform policies and protocol choices because to the Unbound governance mechanism. A user's voting power on the network is proportionate to the quantity of UNB tokens they own. The DAO holds the UNB tokens and releases them when new policies and community ideas have been approved. These will be used to fund platform-related projects.
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