Unstake.fi is set to revolutionize DeFi by eliminating the wait times for token unbonding on IBC chains. Users can instantly exchange locked tokens for underlying assets, with the unbonding interest settled upfront.
Leveraging Kujira’s advanced infrastructure, Unstake.fi provides a collateralized lending system. The platform ensures a fixed supply of governance tokens, with 65M $NSTK fully governed by Kujira, promoting a stable and decentralized protocol.
To manage financial risks, Unstake.fi employs a ‘minimum rate’ strategy. This safeguards the protocol’s reserves, especially during fluctuations in GHOST’s lending rates, ensuring a robust buffer against market volatility.
The reserve fund at Unstake.fi acts as a crucial safeguard, designed to bridge the gap between the offered rates to users and the maximum interest rates from GHOST, allowing for consistent and reliable instant liquidity.
The size of Unstake.fi’s reserves directly influences the volume of tokens in the unbonding process, creating a responsive system that adapts to interest rate shifts. With a testnet launch imminent, the platform is poised to enhance DeFi liquidity and user experience.