Unbound (UNB) is a token of a decentralized platform without custodial management. With this platform, users can receive liquidity without withdrawing assets from the liquidity pool, loans without debt, collateral without liquidity, perpetual borrowing, inter-chain bridges, and the reliability of price oracles.

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Unbound

With Unbound V2, users can buy UND at a lower price from the market & redeem it on the platform for equivalent underlying collateral at face value ($1)- 𝐑𝐞𝐝𝐞𝐦𝐩𝐭𝐢𝐨𝐧

The mechanism ensures UND stays pegged at $1, restoring parity in the event of a downward price movement

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Learn how Redemption works at Unbound V2 📚

♻️ https://twitter.com/unboundfinance/status/1594968979583410177

Learn how Redemption works at Unbound V2.