Pre-IDO Summary & Roadmap Update: Onward in Our Journey to Revolutionize DeFi
The pace of progress at the Unreal Finance decentralized HQ is phenomenal. Our development has been accelerating rapidly as we approach the launch of our MVP platform. In addition, in the last month alone we have produced our roadmap, published our litepaper, conducted multiple community outreach sessions in the form of AMAs and, perhaps most importantly, conducted our pre-IDO on the innovative Genesis Shards platform.
“We believe efficiency and speed is integral to our mission. No matter the broader market conditions, we will continue to push ahead with full vigour.”
- Ishan Garg, Founder and CEO.
Read below for a summary of our pre-IDO and what to expect over the coming weeks and months.
Our First Major Milestone: Genesis Shards Pre-IDO
Our pre-IDO on Genesis Shards represented an exciting first step for Unreal Finance on the community front and we are extremely proud of the attention the sale has garnered.
For those who aren’t aware, Genesis Shards is an innovative new platform for pre-IDO tokens which utilizes NFTs. Essentially, the platform operates by creating NFT wrappers around the Illiquid tokens, allowing them to be traded without interfering with the IDO plan. Then, once the actual IDO is complete, the NFTs can be exchanged for tokens — in this case Unreal’s native UGT tokens.
Unreal Finance is proud to announce that our pre-IDO on Genesis Shards was an overwhelming success, with 176,000 entries! It is precisely this level of grass roots support that is needed for community projects to grow and thrive.
The Unreal Finance GenTicket NFTs are now available on OpenSea, the industry’s leading marketplace for buying, selling, and trading NFTs.
🌐 Trade on OpenSea here: https://buff.ly/3tLlS49
This is the official Unreal Finance GenTicket NFT Contract: 0xf849e438893e2b2a591bd8e3e42e401adeb2e352
Please be sure you’re buying genuine NFTs if you wish to purchase.
We’d like to say a huge thank you to the Genesis Shards team for the flawless facilitation of our groundbreaking pre-IDO!
Upcoming Milestones
With the completion of our pre-IDO, we’re now ready to push ahead full steam on our mission to revolutionize the DeFi lending space.
In the coming weeks and months we plan to:
♦️ Conduct our IDO and UGT token listing
♦️ Release the MVP and Beta version of the Unreal Finance protocol
♦️ Release our Alpha on Polygon, Binance Smart Chain & other major chains
♦️ Integrate with major yield protocols including Aave, Compound, Yearn and UniLend
♦️ Initiate community governance
If we keep up this centurion pace it’s safe to assume that Unreal Finance will be one of the fastest moving teams in the space. The Unreal team is disciplined, committed and ready for the challenge.
With a potential TVL (Total Value Locked) and TAM (Total Addressable Market) of the total TVL of the entire DeFi lending space itself, we’re in for a very exciting journey ahead.
Why All the Buzz Surrounding Unreal Finance?
With 176,000 entries for our pre-IDO and only approximately 350 allocations available, the sale was a whopping 500x oversubscribed! This is a phenomenal achievement, but we’re not surprised.
Unreal Finance is a revolutionary yield futures platform allowing DeFi lending protocol users to tokenize their future yield. We are working hard to bring our paradigm shifting protocol to the DeFi community over the coming months. Essentially, Unreal Finance is unlocking new opportunities never before seen in the DeFi lending space, with platform features including:
As you can imagine, the ability to tokenize future yield opens up a whole host of new opportunities, the most obvious of which is that you can fix your interest rate — which in a space where rates often fluctuate is a game-changer in itself. Then there is the obvious advantage of having access to your future yield upfront, which gives you additional freedom and cuts your opportunity cost down to a minimum. There is so much more to Unreal; this is only the surface.
The Unreal concept also opens up the space to the possibility of more complex interest rate maximization, interest rate hedging and swaps which is something that is seen in more traditional finance, and is now going to be supercharged by DeFi thanks to Unreal.
We will be releasing detailed explanations of the Unreal Finance protocol, its use cases and revolutionary nature for the DeFi industry as our platform launch approaches. Stay tuned!
Onward to a New DeFi Paradigm
With our IDO and UGT token listing upcoming and so much in the pipeline over the coming months, you’ll want to strap in for a very exciting ride.
Unreal Finance is creating a new niche in the market which has largely been untapped in the DeFi industry. We believe our efforts will not only revolutionize the decentralized lending space, but also level the playing field in the market by bringing more tools in the space of decentralized lending.
We are working hard to bring decentralized finance to a new level of maturity while adding a new layer of value for the community never before seen in the space. DeFi will never be the same again.
We are about to blow the doors off this industry, will you join us?
About Unreal Finance
Unreal Finance is a decentralized protocol that allows users to tokenize the yield generated by popular lending protocols such as Compound, Aave, UniLend etc. By tokenizing their yield, users can lock in their interest rate thus getting a fixed interest rate; using Unreal Finance, a user can instantly sell their unrealised yield, effectively locking their interest rate at a fixed price. Moreover, traders can now speculate on the unrealised yield.
The Unreal Finance team would like to thank all of our early supporters for their interest and support thus far. We’re at the beginning of a long and very exciting journey. Future yield will be tokenized, and together we’re about to usher in this new paradigm in decentralized finance.
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