UniCrypt

Features UniCrypt

Unicrypt is a liquidity locking protocol aimed at boosting users confidence in investing in decentralized finance (DeFi).
Unicrypt promotes users trust and guarantees security in investing in several DeFi initiatives as it serves as the industry standard for liquidity lockers, token vesting, and presale launchpads.Unicrypt claims to be the most audited liquidity locker on the market with a track record of operating for years without any vulnerabilities.Unicrypt is heralded for developing the first Proof-of-Liquidity (POL) smart contracts for Uniswap on the Ethereum blockchain.Unicrypt adopts a dual token model; the UNCX token serves as its deflationary governance token, and UNCL serves as its utility token which is also used to reward liquidity providers and users who stake their UNCX tokens.Unicrypt is a blockchain protocol that addresses the issue of investor trust in decentralized finance by employing a method of safeguarding users from projects that abruptly pull liquidity out of their Uniswap pools.
Furthermore, a wide range of demands that are critical in the DeFi space is met by the suite of tools offered by Unicrypt which includes farming and staking capabilities along with token minting, liquidity lockers, token vesting options, and a self-service launchpad.
HOW DOES UNICRYPT WORKUnicrypt operates by locking up liquidity provider tokens for a stipulated period to prevent rug pulls and scams.
Unicrypt allows DeFi projects to lock up a certain percentage of liquidity upon token launch for the duration of their choice.
This boosts investors confidence in the project as they are certain they will not fall victim to scams as Unicrypts strategy ensures that investors funds cannot be accessed by project developers.Unicrypt claims to be the most audited liquidity vault on the market.
It also offers features that many other liquidity lockers don’t such as lock splitting, incremental locks, and ownership transfer.
Unicrypt’s major competitors are DYP locker and DeepLock.A yield farming-as-a-service decentralized application (dApp) provided by Unicrypt enables any token creator to build a farm on the Ethereum blockchain with incentives offered to the liquidity providers of any pair on Uniswap.
In addition to building a customized farm, users can also mint their own ENMT token on the Unicrypt platform.
DeFi project developers can likewise benefit from project launches without having to undertake listings thanks to Unicrypts role as an ILO launchpad.
As a result of the launchpads direct connection to the liquidity lockers, liquidity can be locked on Uniswap or any other supporting AMM.
Hence, a presale platform for DeFi projects is provided by the automated and decentralized nature of the entire procedure.