Unslashed Finance (USF) price has declined today.
The price of Unslashed Finance (USF) is $0.021028629739 today with a 24-hour trading volume of $125,681. This represents a -44.528933663636984% price decline in the last 24 hours and a -19.174483967475854% price decline in the past 7 days. With a circulating supply of 28 Million USF, Unslashed Finance is valued at a market cap of $735,318.
What is USF?
USF is the governance token for the Unslashed Finance protocol.
How to obtain USF?
Users can purchase USF from exchanges such as Uniswap.
What is Unslashed Finance?
Unslashed Finance is a decentralized insurance protocol. Rather than focusing on retail users, Unslashed Finance focuses on getting more protocol clients. It has managed to secure clients such as Lido DAO and Enzyme Finance.
As of March 2021, Unslashed Finance is still in private beta mode. The team is conducting yield farming programs to encourage early users to provide capital and buy covers.
What are the insurance products offered by Unslashed Finance?
Unslashed Finance offers a variety of insurance products, with six main categories:
Custodian: A custodian is an entity that safeguards or holds a user’s funds. The coverage protects users against hacking of the funds held by the custodian. The risk is lower as these custodians generally have high levels of security.
When the custodians have their insurance policies, Unslashed would only compensate the losses over the Custodian’s insurance policy.
Wallet: A wallet is anything that stores a user’s funds without the use of a custodian. It can be a hardware wallet or a software wallet. Unslashed covers large-scale exploits in the product’s firmware or software.
Phishing attacks or individual hacks are not part of the scope of this policy.
Exchange: Centralized exchanges that hold customers’ funds. Similar to the custodian policy, Unslashed only covers losses over the Exchange’s insurance policy.
Decentralized applications (Dapps): Mainly referring to DeFi protocols. Unslashed covers the smart contract hacks.
Validator: Validators exist to verify incoming on-chain transactions and secure PoS (proof of stake) blockchains. On PoS blockchains, the assets staked can be slashed if the validator misbehaves. Unslashed covers the cost of getting a slashing penalty.
Oracle: Oracles are essential to many DeFi platforms. They provide a price point in which many contracts call upon to retrieve price data in real-time. Unslashed covers the losses caused by a malfunction in a price oracle.
What is a bucket?
The bucket is essentially a pool of capital used to provide coverage for the insurance products in Unslashed Finance. There are multiple buckets, each catered for different risk profiles.
The first bucket launched is named spartan bucket. It contains seven types of policies but will eventually increase until 24, at which time the yield of capital provider is expected to be between 15% and 20%. Spartan Bucket has a maximum default exposure of 5% per policy.
How is the premium calculated?
Details are scarce, but the team mentioned it is based on utilization ratio and available capital.
Where can you buy Unslashed Finance?
USF tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Unslashed Finance is Hotbit, where the most active trading pair USF/USDT has a trading volume of $157,958.59 in the last 24 hours.
What is the daily trading volume of Unslashed Finance (USF)?
The trading volume of Unslashed Finance (USF) is $157,773.75 in the last 24 hours, representing a 157.90% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Unslashed Finance (USF)?
The highest price paid for Unslashed Finance (USF) is $15.45, which was recorded on Mar 03, 2021 (almost 2 years). Comparatively, the current price is -99.8% lower than the all-time high price.
What is the all-time low for Unslashed Finance (USF)?
The lowest price paid for Unslashed Finance (USF) is $0.001799415968, which was recorded on Jan 03, 2023 (about 1 month). Comparatively, the current price is 1568.2% higher than the all-time low price.
What is the market cap of Unslashed Finance (USF)?
Market capitalization of Unslashed Finance (USF) is $652,399 and is ranked #2243 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of USF tokens (28 Million tokens are tradable on the market today).
What is the fully diluted valuation of Unslashed Finance (USF)?
The fully diluted valuation (FDV) of Unslashed Finance (USF) is $2,014,612. This is a statistical representation of the maximum market cap, assuming the maximum number of 86 Million USF tokens are in circulation today. Depending on how the emission schedule of USF tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Unslashed Finance compare against its peers?
With a price increase of 1.48% in the last 7 days, Unslashed Finance (USF) is underperforming the global cryptocurrency market which is up 2.05%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 4.93%.
What is the market sentiment of Unslashed Finance today?
There are no votes on Unslashed Finance (USF) today. Be the first to vote and share this with your community.
How to add Unslashed Finance (USF) to MetaMask?
Adding Unslashed Finance (USF) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import USF as a token. You can copy USF’s contract address (0xe0e05c43c097b0982db6c9d626c4eb9e95c3b9ce) and import it manually, or add USF to MetaMask with one click on CoinGecko.
Add USF to MetaMask.