SpiderDAO, a hardware-enabled DAO that bundles multi-layered hardware and software tools on top of Polkadot, has announced the launch of a Liquidity as Utility (LaU) program with Unido for their clients and the wider community.
As a leader in the field of crypto asset management services Unido allows its clients to securely access DeFi opportunities and seamlessly manage their crypto banking operations.
Their enterprise platform for decentralized capital markets is being built on the Polkadot network and is accessed by their Unido wallet available on both iOS and Android platforms.
Unido Enterprise Platform (EP)
The Unido EP enables enterprises to manage and invest their crypto assets in a seamless, secure, and intuitive way. Unido is already developed and has active pilots with a number of digital banks.
The platform features a dashboard that provides access to a suite of DeFi and crypto management tools, a DeFi Vault with a multi-signature enterprise wallet that acts as a DeFi vault to store, manage and invest crypto assets into an array of leading networks such as Uniswap, Balancer, and Yearn Finance.
Finally, the Unido EP features a crypto banking portal that enables enterprises to seamlessly manage their day-to-day operations and capital expenditure. Features include crypto payments, wallet management, and governance customization.
The SpiderDAO/Unido LaU Partnership
There is now a unique opportunity for Unido (UDO) token holders to fully secure their network connection through free access to SpiderDAO’s VPN service.
To obtain free access to the Spider VPN service, all end-users or UDO token holders have to do is participate in the Unido Liquidity as Utility (LaU) mining program.
SpiderDAO believes that the LaU program is a unique approach to tokenomics. Rewards are centered around LP tokens so those holders can provide more liquidity to SPDR, and as a result, they get rewards.
The rewards are of two types: SPDR tokens, and free VPN access. This approach pushes SPDR tokens into the market, thus increasing their liquidity, and the act of locking coins provides benefit to the token holder and the community as a whole.
“SpiderDAO is delighted to work with Unido as they build out their extensive roadmap. We look forward to being able to provide Unido and their clients with industry-leading security and protection of their online privacy, as they help us build liquidity. We are excited to join up with Unido as more clients access decentralized capital through their excellent enterprise portal and we look forward to offering a world-class VPN service to further enhance their experience.”
– Nathan Varty, CEO of SpiderDAO