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Unbound Finance operates as a decentralized lending protocol that allows users to unlock the value of their liquidity provider (LP) tokens by minting synthetic assets. Among these assets are the UNB stablecoin and Unbound Ethereum (uETH), both designed for extensive liquidity and transferability across multiple blockchain networks.
The primary goal of Unbound is to democratize access to synthetic assets, allowing users to leverage their holdings without the restrictions typically associated with traditional borrowing. By removing barriers between different blockchain systems, Unbound enables seamless interactions that stimulate integration across the Web3 ecosystem.
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