Unbound Finance is a decentralized cross-chain liquidity protocol, which builds the next currency Lego building blocks by releasing the liquidity of AMMs. The protocol is the "first debt-free liquidity provision system" that uses LPT as collateral to generate synthetic assets including UND and uETH. The agreement charges no interest rate and requires no liquidation.

Unbound aims to build products that are both native and composable to the DeFi ecosystem. These include:
Synthetic assets, including stablecoins (UND), uETH, etc.
AMM pools derived from multiple AMM crosses
Oracle Price Feeds based on free markets and path-independent value discovery.
Construct financial instruments for compound yield and margin trading

The Unbound Protocol is a dual token ecosystem. It uses UND as a stablecoin and UNB as a governance token.

UND is a stablecoin pegged to the US dollar and collateralized with LPT (Liquidity Pool Token). The value of UND minting is based on the value of deposited LPT. The amount of UND minted when depositing LPT is the amount that the user must repay in order to obtain the original LPT. Minted UND will be destroyed once deposited into the unlocking contract before the original collateral is returned to the user. Arbitrageurs in AMM pools ensure that the USD peg is maintained.

UNB is used for protocol governance. It encourages token holders to solve problems through decision-making. Token holders will be able to vote for proposed changes and implemented policies to better serve the community and increase the efficiency of the protocol.