Coinopening
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
Coinopening
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
19
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. 

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

Related articles

HedgeFundBank Confirms Establishment of a Branch in South Africa, Anticipated to Boost Employment and Investment

ICP.Hub Portugal Brings Together Developers, Entrepreneurs & Investors To Accelerate Projects

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

Related Posts

HedgeFundBank Confirms Establishment of a Branch in South Africa, Anticipated to Boost Employment and Investment
Press Release

HedgeFundBank Confirms Establishment of a Branch in South Africa, Anticipated to Boost Employment and Investment

December 8, 2023
Portugal Blockchain Report: ICP Takes Center Stage in the Growing Ecosystem
Press Release

ICP.Hub Portugal Brings Together Developers, Entrepreneurs & Investors To Accelerate Projects

December 8, 2023
Gamofi Officially Launches No-Code Develop-to-Earn Game Platform
Press Release

Gamofi Officially Launches No-Code Develop-to-Earn Game Platform

December 8, 2023
The Dawn of a New Political Era: The Other Party Launches, Transforming Democracy with Blockchain
Press Release

The Dawn of a New Political Era: The Other Party Launches, Transforming Democracy with Blockchain

December 8, 2023
NEMOme Chosen as Official Communications App to Build Community through Real Life Connections at Coinagenda Caribbean
Press Release

NEMOme Chosen as Official Communications App to Build Community through Real Life Connections at Coinagenda Caribbean

December 8, 2023
Hack Taipei boasts Taiwan’s blockchain talent and global ties
Press Release

Hack Taipei boasts Taiwan’s blockchain talent and global ties

December 8, 2023

POPULAR NEWS

Top 10 NFT marketplace on BSC

Top 10 NFT marketplace on BSC

June 1, 2021
ChatCrypto develops AI-Powered Blockchain Solution to Reform the Cryptocurrency Market

ChatCrypto develops AI-Powered Blockchain Solution to Reform the Cryptocurrency Market

April 4, 2023
Crypto Funds’ Bitcoin Holdings Rise as Investor Demand Rebounds

Crypto Funds’ Bitcoin Holdings Rise as Investor Demand Rebounds

April 4, 2023
Bictory Finance- Deploys its Holistic Financial Products on Concordium Network

Bictory Finance- Deploys its Holistic Financial Products on Concordium Network

June 1, 2021
Trump NFTs Sales Spike Following Ex-President’s Arraignment in New York

Trump NFTs Sales Spike Following Ex-President’s Arraignment in New York

April 4, 2023

EDITOR'S PICK

Montenegro Basic Court Again Approves Terra Founder Do Kwon’s $427K Bail Request in Fake Passport Case

Do Kwon Sentenced to 4 Months Jail in Montenegro Document Forgery Case

June 19, 2023
SC Ventures, SBI Holdings to Set Up $100M UEA Investment Firm for Crypto Startups

SC Ventures, SBI Holdings to Set Up $100M UEA Investment Firm for Crypto Startups

November 9, 2023
SBF Warns FTX Investors of Bankruptcy Without More Cash: Bloomberg

Alameda Had ‘Secret Exemption’ From FTX Liquidation Protocols, New CEO Says

November 17, 2022
UK’s Financial Watchdog FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules

UK Regulator Ramped Up Campaign Against Crypto ATMs in May and June

July 11, 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
  • Uncategorized

Recent Posts

  • Doge Founder Calls Out Senator Warren For Anti-Crypto Stance, Elon Musk Agrees
  • Bitcoin ‘Targeting $50,000’ In Early December, These Analysts Say
  • Catalyst Or Controversy In The Crypto Universe?
  • U.S., South Korea, Japan Discuss North Korean Crypto Thefts in Trilateral Meeting
  • About Us
  • Privacy Policy
  • Contact Us

© 2020 coinopening.com

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

© 2020 coinopening.com

  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003680-6.82%
  • lympoLympo(LYM)$0.004392-4.43%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • CornichonCornichon(CORN)$0.073096-0.86%
  • StacyStacy(STACY)$0.0007100.00%
  • RelevantRelevant(REL)$0.780.38%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%