UNIT is a flatcoin that captures revenue from perp trading and funding fees.
Preserve your purchasing power and offset volatility within crypto markets by minting UNIT. Learn more
UNIT generates yield on USD
The yield comes from powering the leverage market, capturing trading, funding, and liquidation fees.
Because UNIT earns yield, it is not pegged to USD, so it’s not a stable coin. And while it should earn longterm, it can go down in value. It is a new type of asset and a new form of money known as a flatcoin.
Ways UNIT can go down:
When the skew is not 50/50, Unit can gain market exposure to its collateral
When not enough leverage is open, Unit starts paying existing leverage traders in funding
My Position
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