Dear Unitus Community,
As we bid farewell to 2023, we wanted to take a moment to recap on the exciting journey we’ve just begun at Unitus in November 2023. From the changes in the tokenomics to the launch of new features, Unitus has experienced remarkable strides in the last two months.
Keep reading to delve deeper in our mission and our latest achievements!
Protocol timeline evolution
Unitus has experienced consistent growth since its inception. Deployed across six different chains from day one, Unitus is succeeding in rebranding the dForce Lending protocol. The current Total Value Locked (TVL) across all markets has surpassed $32 million, a testament to the robustness of our ecosystem. The BLP model is standing out for its effectiveness in the distribution of $UTS emissions, rewarding users who showcase their dedication and contribution to the project by providing liquidity on designated DEXes. This sustainable approach ensures that those actively supporting Unitus are duly recognized and incentivized for their pivotal role in our thriving community.
This said, here are the key milestones of the Unitus journey so far:
Governance Proposals
The past two months have demonstrated how relevant is the governance within Unitus. Currently hosted on dForce, the governance has already voted on two important decisions:
The proposal to implement the 1% threshold for BLP, host the staking of USX (iUSX), reallocate UTS emissions, and adjust the Supply/Borrow allocation passed with 100% of votes in favor.
The proposal to reduce the LTV ratio of the stablecoin TUSD to 0 passed also with 100% of votes in favor.
The proposal to gradually reduce the LTV ratio of the stablecoin BUSD to 0 passed with 100% of votes in favor.
2024 Roadmap
Looking ahead, we are excited to share our ambitious roadmap for 2024. The upcoming year will be marked by a series of strategic initiatives aimed at enhancing the user experience, expanding our ecosystem, and further strengthening the security and decentralization of the protocol.
Key elements of our 2024 roadmap include:
And much more!
Final thoughts
Although Unitus has just launched. in the past two months we already brought major improvements to our protocol. Now, as we enter 2024, we can’t wait to be recognized as one of the big names in DeFi and set new benchmarks for the industry.
Thank you for being an integral part of our community. Your passion fuels our drive, and together, we will continue to redefine the future of DeFi. Here’s to a prosperous and exciting 2024!
Wishing you all a happy and healthy New Year!
Warm regards,
The Unitus Team
