# Welcome to Unit Protocol

![](/files/rAVtaIH3KCHzg6Von9O9)

Unit Protocol lets you use a huge selection of tokens as collateral to borrow liquidity in the form of USDP stablecoin.

The protocol proposes optimized solutions allowing users to obtain liquidity from a large variety of cryptoassets (including [Compound tokens](https://compound.finance/docs/ctokens), [Yearn vault tokens](https://docs.yearn.finance/getting-started/products/yvaults/vault-tokens) and various LP tokens, e.g. [Shibaswap](https://shibaswap.com/#/pool)). Here we provide **160+ diverse tokens** available to be used as collaterals in order to mint our stablecoin [USDP](/docs/understanding-usdp/rewards-and-liquidity-mining.md).

What you do with the USDP is entirely up to you. Borrow more tokens, stake in your favourite projects, cash it out - it's your call! There's no shortage of opportunities to make your crypto do more.

The protocol is currently built over several blockchains such as [**Ethereum**](https://ethereum.org/en/), [**BSC**](https://www.binance.org/en/smartChain) and [**Fantom**](https://fantom.foundation/what-is-fantom-opera/) with the outlook to expand over further networks. &#x20;

### Unit protocol has two main tokens

USDP is a stablecoin, which value is soft-pegged to the US dollar.<br>

{% content-ref url="/pages/-MdJZumEu9q3vzhUd-pY" %}
[USDP Token](/docs/understanding-usdp/about-usdusdp.md)
{% endcontent-ref %}

{% content-ref url="/pages/cEG9Wq2BsFgBUa8mRkVu" %}
[How to mint USDP](/docs/understanding-usdp/how-to-mint-usdp.md)
{% endcontent-ref %}

Another Unit Protocol token is [DUCK](/docs/understanding-usdduck/duck-token.md). The DUCK token is there to incentivise holders to stake their DUCK on Unit Protocol to get a share of the fees that are collected when people use the protocol to collateralise their tokens.

{% content-ref url="/pages/SqDrhOlQfZUa5II1B28U" %}
[DUCK Token](/docs/understanding-usdduck/duck-token.md)
{% endcontent-ref %}

### Interaction

Your feedback is important! We are committed to making Unit Protocol the platform that will help you unlock your full potential in a secure way and we strive to find solutions to fulfil different needs by delivering more engaging opportunities, and we cannot do that without your input!\
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Feel free to reach out with questions, feature requests, issues, or comments on your preferred social platforms:<br>

**Telegram:** [**https://t.me/unit\_en**](https://t.me/unit_en)

**Discord:** [**https://discord.gg/3dgP3ezDAF**](https://discord.gg/3dgP3ezDAF)

**Twitter:** [**https://twitter.com/unitprotocol**](https://twitter.com/unitprotocol?s=20\&ref=hackernoon.com)

Explore our DApp to interact with our product:

**Unit Protocol** [**https://unit.xyz/**](https://unit.xyz/)


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