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U Protocol

U Protocol  YOU 

12 Watchlists

Infrastructure

Status

IDO

Ended 14 Jan 2024

Raised

$ 336.85K

General Info

Contracts/Explorers:

Arbitrum

0xF93...7212C

Tags (Sub-Categories):

# Token

+2

Description

U Protocol is a decentralized omnichain BitcoinFi Protocol

Latest IDO

1

IDO

10 Jan 2024 — 14 Jan 2024

Raised$ 336.85K

Price:

$ 0.001665

Tokens For Sale:

202,193,181

Platform:

N/A

Lock-up:

100% unlock

What is U Protocol ?

U Protocol is a decentralized omnichain BitcoinFi Protocol aimed at enhancing Bitcoin's utility across multiple blockchain ecosystems, particularly Layer 2s and Solana. Its primary feature is uBTC, a decentralized Bitcoin variant backed by Lido’s Wrapped Staked Ether and BTC.b. U Protocol facilitates a truly omnichain experience using LayerZero's technology, enabling uBTC to operate across various EVM chains.