TokenInsight news, Unbound Finance, liquidity-backed lending protocol, announced it is going live on Polygon mainnet on March 2, 2022 to optimize the $4.95 billion worth of massive liquidity on Polygon.
Unbound Finance aims to improve the overall capital efficiency of the DeFi space. The platform enables its users to leverage their otherwise idle DeFi assets (LPTs) to borrow perpetual crypto loans in the form of synthetic assets including UND stablecoin and uETH.