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Unchain X: A New DeFi Platform on Binance Smart Chain 

Unchain X is a new DeFi platform based on the Binance Smart Chain (BSC). The DeFi market is growing rapidly, offering more accessibility, transparency, and inclusiveness. Unchain X is an Automated Market Maker (AMM) protocol on the BSC network, aiming to be a decentralized financial platform for digital assets. This includes intellectual property, NFTs, real estate, and physical assets.

Unchain X logo on Binance Smart Chain background
Source: https://coinpedia.org/press-release/bnb-new-future-financial-defi-platform-unchain-x-launches-launchpad/

Key Features of Unchain X: 

  1. AMM Protocol: Unchain X uses an AMM protocol on the Binance Smart Chain. 
  2. Decentralized Exchange (DEX): Unlike Centralized Exchanges (CEX), Unchain X allows users to influence growth through trading, liquidity provision, and voting without central control. 
  3. Launchpad: Unchain X is conducting a launchpad for initial liquidity provision, starting on May 17, 2024. 
  4. Starter Option: This unique technology allows participants to set a return rate during the launchpad, potentially acquiring up to 2085% more UNX. 
  5. DAO Governance: UNX holders can decide on major issues in the Unchain X protocol through the DAO governance function. 
  6. Future Features: Special features like X Drop, X Launcher, and RWA Market will be updated in the future. 

Launchpad Details 

Unchain X’s launchpad is unique and consists of five rounds. Each round lasts a different number of days, making a total of 53 days. Here’s a breakdown: 

Round 

Duration (Days) 

1 

13 

2 

10 

3 

10 

4 

10 

5 

10 

 

The Starter Option technology allows participants to set a return rate, enabling them to acquire more UNX based on the return rate set. This feature distinguishes the Unchain X launchpad from others. 

Future Prospects 

UNX holders will play a crucial role in the platform’s governance. Through the DAO governance function, they can vote on major issues. UNX will also be vital for upcoming features and updates. 

Upcoming Features: 

  1. X Drop: A special feature for rewarding participants. 
  1. X Launcher: A tool for launching new projects. 
  1. RWA Market: A marketplace for real-world assets. 

Unchain X is committed to growing and achieving the goal of becoming a decentralized financial platform. With its unique features and strong focus on community involvement, Unchain X is poised to make a significant impact in the DeFi market. 

Unchain X is an innovative DeFi platform on the Binance Smart Chain. It aims to handle various digital assets and offers unique features through its launchpad. The platform’s DAO governance allows UNX holders to influence its future. With upcoming features like X Drop, X Launcher, and RWA Market, Unchain X is set to grow and evolve, driving the future of decentralized finance. 

June 10, 2024 at 12:00 pm

Updated June 10, 2024 at 12:00 pm

Disclaimer

Remember, investing in cryptocurrencies involves risks, and it’s important to conduct thorough research and seek professional advice before making any financial decisions. (Please keep in mind that this post is solely for informative purposes and should not be construed as financial or investment advice.)

FAQ

DeFI stands for decentralized finance, offering open and accessible financial systems built on blockchain technology.

Yield farming involves earning interest by lending or staking cryptocurrencies.

Layer 1 blockchains are the primary networks (e.g., Ethereum), while layer 2 blockchains scale and improve performance on top of them.

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