Bitcoin Forum

About Univault (Litepaper)

Univault: Hedge Contracts as a New Financial Automated On-chain Hedge for Crypto

Univault: is an on-chain hedging protocol. The core part of the hedging protocol is a new financial primitive called Unihedge contract. Unihedge contract is a system of Ethereum smart contracts that can automatically conduct the process of hedging users' holdings' market value. The way a hedge contract works is it can automatically buy an at-the-money (ATM) put option contract on the user's behalf each time the user acquires an asset on a decentralized exchange (DEX). A put option is a right but not an obligation to sell an asset at a fixed price during a certain period of time. Hedging with at-the-money (ATM) put options means that the strike price of an option at the moment of protecting anasset's value will be equal to the market price of the asset with a potential <1% spread.Unihedge contracts utilize liquidity which is pooled by liquidity providers onnon-custodial smart contracts. Liquidity providers act as the value downside insurancesellers who are pooling their funds on smart contracts for sharing the potential fees onselling this type of insurance represented as ATM put options. Liquidity providers earnfees paid by hedge contracts users in case the value of assets will not decrease.Univault token provides its holders with a right to receive a share of feesgenerated by the protocol.

The total supply is 9,999 UNV. Fees are distributed pro rata among the holders of the UNV token.

There is no minimum amount of UNV that can be held or liquidity providers. The initial distribution breakdown of fees is: 2.5% of fees are distributed among UNV token holders. 2.5% of fees are distributed among Univault $UNV liquidity providers. Staking may get introduced.

More will be added to this thread today. Stay Posted!

Visit our website: https://univault.online

Bounty Program

There will be an allocation of 3% of the token supply to provide rewards to those who help out Univault.

Website Contribution Bounty
NFT Artwork Bounty
Reddit Post Bounty
Twitter Bounty
Facebook Bounty
Language Translation Bounty
... More to be added

Join our Telegram https://t.me/univault

Hi, upon checking the contents of your ANN, I observed and noticed that you copied exactly the contents of Whiteheart.finance's information on their whitepaper.
Whiteheart.finance has been ongoing for around 100+ days as compared to yours, for three (3) days. With this in mind, this is considered as a prima facie evidence to suspect that you are plagiarizing somebody else's work which is illegal in this forum.

I highly advise that you answer to my allegation against this project. Failure to respond will compel me to create a scam accusation against this project. Please check the reference below, thanks.

REFERENCE:

• https://morioh.com/p/ceead549478f
• https://www.whiteheart.finance/
• https://archive.fo/htbzR

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I cannot stand a person/group who co-opts the ideas or intellectual property of another, it sickens me totally.  As a professional, who at one point in my life lived in the publish or perish world, there is no sin greater!!  Thank you qwertyup23 for catching this!!

Plagiarism projects of other projects, they are professional scammers. These projects will steal money and disappear, they like the word "defi".

seems that the project owner doesnt have anything to say here. yet, another defi project that will be trashed out right after its launching stage. but wont be surprised if this is already listed in uniswap and been in trading. hope people will do a lil bit of work here like qwerty, to save your funds and disappointments.
not all defis are promising, most of them will screw your money.

@qwertyup23 big thanks for you to give an informations this project,
i really want to heard an explanations about that issue from the team members of this project