Some stats for early adopters:

Income USDP to treasury for the last 40 days (From May-13-2021 02:40:38 PM +UTC): 3,925,610 USDP

Converted to USDC from USDP: 3,933,059

3,933,059 USDC converted to 8,616,614 DUCKS

Average purchase price per DUCK: 0.456$

The bought-back Ducks were burned: https://etherscan.io/token/0x92e187a03b6cd19cb6af293ba17f2745fd2357d5?a=0x000000000000000000000000000000000000dead

Treasury address: https://etherscan.io/address/0x9cf0389322fedd2a3dceacac0c3108c8151615a3

Unit Protocol introduces the new collaterals: yvWETH, yvWBTC, yvSNX, yvLINK, yvUNI, yv3CRV, yvYFI, yv1INCH, yvUDST, yvDAI, yvUSDC, yvSUSD.
Mint $USDP with http://unit.xyz , swap via http://curve.fi/usdp

Leveraged yield farming is here. Unit Protocol introduces the new collaterals: yvcrvFRAX, yvcrvBUSD, yvcrvUST, yvcrvHUSD, yvcrvUSDN, yvcrvTUSD.
Mint $USDP with http://unit.xyz , swap via http://curve.fi/usdp

Unit Protocol introduces the new collateral Wootrade Network (WOO). Mint $USDP with unit.xyz , swap via https://curve.fi/usdp

Unit Protocol introduces the new collateral Keep Network (KEEP). Mint $USDP with unit.xyz , swap via https://curve.fi/usdp

Unit Protocol introduces the new collateral Shiba Inu ( $SHIB )
. Mint $USDP with unit.xyz , swap via https://curve.fi/usdp

The Silent Revolution. You can now mint $USDP at fixed annual stabilization rate of 2.9% by using more than 130 collateral types. Mint $USDP with unit.xyz , swap via https://curve.fi/usdp

We’re excited to welcome Huobi Token ( $HT ) to Unit Protocol. HT has a 20mn USDP limit on borrowing when used as collateral, and a stabilization fee of just 1.9%. The data oracle network comes courtesy of Chainlink. Quack on 🦆🦆

A huge welcome from Unit Protocol to OKB. The $OKB token has a 20mn USDP limit on borrowing when used as collateral, and a stabilization fee of just 1.9%. Have a quacking weekend everyone!

Mint $USDP with https://unit.xyz/okb , swap via https://curve.fi/usdp or https://component.finance

Since the inception, our goal always was to allow $DUCK holders to capture value from Unit Protocol operations.
Previously it was done via a burning mechanism, and over the course of 6 months, we have burnt 391,408,535 $DUCK tokens, with an estimated value at the time of writing of almost $38 million.
But today, we’re excited to announce $DUCK staking.

So, what is qDUCK, and how does it work?
Unit Protocol collects two types of fees - Stability Fee & Liquidation Fee. These fees are collected inside the protocol treasury.
You can see statistics of fees collected on the community-run quackprofits.xyz website. So far Unit Protocol generated a total of 4,947,985 USDP in profits.

qDUCK smart contract uses the protocol treasury to buy $DUCK tokens from the open market every set interval of time and adds them to the qDUCK pool, distributing profits to $DUCK stakers.
How to get qDUCK?
First, go to unit.xyz/staking
You need to accept terms and connect your wallet.
Approve & Stake your $DUCK.

So, since rolling out our protocol, we’ve seen a grand total of 1,070,287,127 USDP minted. That’s right—three commas! If you haven’t experienced Unit Protocol yet, come give us a try. You’d be quackers not to!

Mint $USDP with https://unit.xyz/ , swap via https://curve.fi/usdp or https://component.finance

We've just launched our CDP explorer! Now you can search all the CDPs on Unit Protocol by collateral or owner. Super useful for those who want to gain some insights into the risk appetite for different collaterals. Check it out at https://explorer.unit.xyz.

Hi Unit, 🦆

We’re happy to announce that we’ve just rolled out buying for DUCK stakers!

Tx: https://etherscan.io/tx/0x2ac1d48cf65e1bbf5faf9607c7a1e0b9950697f05d66612df0347fd882a42885

We’re planning to redeem once a day for 1/30 of the current treasury volume – that’s approximately 30 thousand per day.

Treasury: https://etherscan.io/address/0x3f93de882da8150dc98a3a1f4626e80e3282df46

Stay tuned for updates. You can read up on our documentation at docs.unit.xyz !

Hi everyone,

After thinking for some time about what we can do to bring us all together bit more, we're stoked to present the Unit Protocol chess club♟️

If you're up for joining us in a tournament, you can find some info here: https://www.chess.com/club/unit-protocol

If you can think of a suitable prize, let us know

Hi Everyone!

Regarding our plans to change the stability fee from 1.9% to 10%, please note that:

– All CDPs that are already open will remain at 1.9%. However, if you withdraw part of your collateral, or mint $USDP from this particular CDP then the rate of 10% will apply;

– The 10% stability fee will be in effect for all new CDPs;

– We plan to lower the fee again once the peg has stabilized.

Hope that’s all clear, but let us know if you have any questions.

Quack on

Dear community members,

Today, we're (finally) announcing the start of our marathon championship. Although it's starting today, there's no hurry. You just need to participate in chess matches with other club members.
The highest-scoring player will get $1000. Second and third places – $500 and $250, respectively.
The number of wins and losses, as well as the number of games, will be taken into account when deciding the winners.

For more info on the club:
https://www.chess.com/club/unit-protocol

Starting from 23.09.2021, stability fees for all new CDPs with all collaterals on Unit Protocol are coming down to 4.9%. Existing CDPs remain as they were when opened. Snap. Quackle. Pop.