Nanda Crypto: Unicap Blockchain technology based platform that combines CETF and DeFi

Introduction:

ETF or exchange-traded fund is an investment option in the trading world that is in demand by different people because the process is fast and cheap and the operation is entirely based on arbitrage, which minimizes risk. In the crypto space, there is a CETF or crypto exchange fund, which is almost the same as an ETF, with the only difference that it only uses crypto assets. One of the projects carrying the CETF concept is Unicap, which is a Blockchain-based project that is a combination of DeFi and CETF.

What is Unicap?

Unicap is a Blockchain technology based platform that combines CETF and DeFi, the Unicap platform offers various advantages, especially ETF based CETF (Exchange Traded Funds), thereby providing users with investment options with minimal risk and a reliable scheme, and at the same time combined with the DeFi concept, which allows various decentralized financial processes to be used on its platform. Their platform uses a real-time interest rate modeling algorithm in which the interest rate is automatically adjusted according to changes in supply and demand as the market moves, providing the best rate for its users.

The Unicap platform creates a new and robust DeFi ecosystem when compared to other platforms, providing investors with the opportunity to benefit from unused crypto assets, which of course gives investors the opportunity to increase profits and generate stable passive income from unused crypto assets. used (collective investment). In addition, Unicap also combines it with the DeFi protocol, which is a deposit and lending protocol that uses digital cryptocurrency, where their platform supports deposits, withdrawals, and borrowing and payments at any time using crypto assets. Using the Ethereum Blockchain technology so that it can go through an automated procedure using the smart contract function that applies to the Ethereum Blockchain system,

What is UCAP token?

This token is based on Blockchain technology and is the primary transaction tool for every transaction in the Unicap ecosystem. Based on Ethereum Blockchain technology, UCAP can be used for a variety of purposes such as borrowing, lending, trading, etc., Automatically through smart contracts on the Ethereum network, providing transparency and without the need for a third party. Initially, the UCAP token will be backed by major cryptocurrencies and good liquidity. In the future, Unicap will also carry out buybacks in several stages after meeting various criteria.

Distribution of tokens:

DeFi's conclusion is currently popular in the crypto space, just a lack of development without a real goal makes it go through a peak period without a certain stability, Unicap, on the other hand, offers a new DeFi platform with a real goal in conjunction with CETF to make it possible to do different things on one platform, the user can receive additional passive income from their unused crypto assets through this platform and perform various financial processes without the need to use another platform. I think Unicap is a very interesting and promising project, I hope you will become a part of this wonderful project!