Unus Dao

What is Unus? Unus is a decentralized reserve currency protocol based on the UDO token. Each UDO token is backed by a basket of assets (e.g. BUSD) in the Unus treasury, giving it an intrinsic value that it cannot fall below. How does it work? At a high level, Unus DAO consists of its protocol managed treasury, protocol owned liquidity (POL), bond mechanism, and staking rewards that are designed to control supply expansion. Bond sales generate profit for the protocol, and the treasury uses the profit to mint UDO and distribute them to stakers. With liquidity bonds, the protocol is able to accumulate its own liquidity. How do I participate in Unus? There are two main strategies for market participants: staking and bonding. Stakers stake their UDO tokens in return for more UDO tokens, while bonders provide LP or BUSD tokens in exchange for discounted UDO tokens after a fixed vesting period. How can I benefit from Unus? Stakers: The main benefit for stakers comes from supply growth. The protocol mints new UDO tokens from the treasury, the majority of which are distributed to the stakers. Thus, the gain for stakers will come from their auto-compounding balances, though price exposure remains an important consideration. That is, if the increase in token balance outpaces the potential drop in price (due to inflation), stakers would make a profit. Bonders: The main benefit for bonders comes from price consistency. Bonders commit a capital upfront and are promised a fixed return at a set point in time; that return is in UDO and thus the bonder's profit would depend on UDO price when the bond matures. Bonders benefit from a rising or static UDO price.