Unstake NSTK
1. Summary
- Price
-
$0.05 +0.5%
- Market Cap
- $3.06M (#2030)
- Supply
- 65.00M / 65.00M
- Description
-
Overview of Unstake
Overview of Unstake
Unstake is the Instant Unstaking protocol for the interchain, built on Kujira's advanced infrastructure. It is designed to eliminate wait times for token unbonding on IBC chains, allowing users to instantly exchange locked tokens for underlying assets with unbonding interest settled upfront.
Unstaking Process
Unstake employs a collateralized lending system, which maintains a fixed supply of governance tokens. The protocol relies on a "minimum rate" strategy to manage financial risks and ensure reserves are safeguarded, particularly during fluctuations in lending rates. A reserve fund is in place to ensure consistent and reliable instant liquidity, as it bridges the gap between offered rates to users and the maximum interest rates.
Tokenomics
Unstake.fi's token is $NSTK, with a total supply of 65 million tokens governed fully by Kujira. The token is designed for users who participate in staking activities and can be claimed as part of the staking rewards on Blue.
Key Features
- Instant unstaking for IBC-enabled chains, reducing wait times for token unbonding
- Collateralized lending system with a fixed supply of governance tokens
- Reserve fund for maintaining liquidity
- “Minimum rate” strategy to manage financial risks
Platform Status
Unstake.fi is live on Kujira, designed to enhance DeFi liquidity and overall user experience.
| Price | |
| 52W High price | $0.28 |
| 52W High date | 17th Dec 2023 (7 months ago) |
| All Time High (ATH) Date | 17th Dec 2023 (7 months ago) |
| ATH Price | $0.31 |
| % From ATH | -62.79% |
| All Time Low (ATL) Date | 22nd Mar 2024 (4 months ago) |
| ATL Price | $0.09 |
| % From ATL | 32.02% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $4,463.00 |
| Total Supply | 65.00M |
| Max Supply | 65.00M |
| Circulating Supply | 65.00M |
NSTK
How does Unstake's (NSTK) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-13.5%
NSTK
-32.6%
Similar Market Cap
60 Day Return
-7.4%
NSTK
409.0%
Similar Market Cap
We're monitoring 3 Unstake GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Unstake Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 0 commits vs. an average of 116
Most Active Repos
| Past week | |
|---|---|
| Past 12 weeks | |
| Past year |
| Past week | |
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| Past 12 weeks | |
| Past year |
| Past week | |
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| Past 12 weeks | |
| Past year |
Top Developers 2024
In total, 2 developers have contributed to Unstake over the past year. Who are the most active Unstake developers, by commits, over the past year?
Related Projects
Developers working on Unstake also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | |
| Twitter followers | 4,129 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://unstake.fi |
|---|---|
| Explorer | https://finder.kujira.app/kaiyo-1/token/factory/ku... |
| @unstake_fi |
What is the correct contract address for Unstake?
| Kujira | factory/kujira1aaudpfr9y23lt9d45hrmskphpdfaq9ajxd3ukh/unstk |
|---|
Has Unstake been audited for security?
No security audits found for this project.
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