Entropic Labs Joins the Unstake.fi Project

  • by Amit
  • Apr 29, 2024
  • 3 min read

We are excited to announce that, in collaboration with the Kujira team, Entropic Labs will join as a core contributor and protocol steward for the Unstake project. This move is a natural step in our deepening involvement within the Kujira ecosystem and reinforces our dedication to supporting and enhancing useful DeFi infrastructure through meaningful collaborations. We believe that this collaboration marks a new chapter for the Unstake project and community, highlighting the strengths of a community-owned protocol.

A Roadmap for Growth and Efficiency

The Entropic Labs team is set to take an active engineering role in upgrading the Unstake project. Our roadmap for Unstake includes several items, each of which will bring significant benefits to the Unstake project.

  1. Expanded Asset Support: With the recent Kujira 1.0 chain upgrade, native support for the Unstaking of any IBC-enabled liquid token is possible. By making the platform more versatile and enabling the efficient unstaking of a variety of assets, we believe we can significantly enhance user experience and, of course, increase protocol revenue.
  2. Unstake Analytics: To empower the community with better decision-making tools, we plan to develop comprehensive analytics dashboards. These dashboards will provide real-time insights into staking trends, protocol revenue and protocol health. An open project deserves open insights.
  3. NSTK Staking: A new feature we’re particularly excited about is the introduction of NSTK staking. This feature will reward NSTK holders with their share of protocol fees.
  4. Protocol Efficiency Upgrades: We are researching methods to improve the protocol efficiency of Unstake. Upcoming upgrades will focus on optimizing the volume that Unstake can support with its reserves, ensuring that Unstake remains competitive and scales to meet the demands of a growing user base, and increasing overall capital efficiency. We also aim for these upgrades to further increase protocol revenue, and make Unstake reserves an even more attractive lending strategy.

Through these initiatives, we anticipate not only enhancing the functionality of Unstake but also strengthening its position as a leading DeFi platform within the Cosmos ecosystem, and beyond. We look forward to engaging with the community to drive these developments forward.

Community at the Core

Unstake continues to be a community-owned project, and our new role as protocol steward does not change that fundamental ethos. We are eager to encourage and support community contributions, ranging from development initiatives to marketing strategies. We believe that Unstake’s true strength is in the strength of its community.

To facilitate this, we are planning to launch the Unstake DAO using the DAODAO platform. Through Unstake DAO, we aim to foster a more collaborative environment where community members can suggest, develop, and implement new features or improvements. The DAO will enable our community by providing a structured and transparent way to propose, vote on, and implement new ideas and improvements. The DAO ensures that Unstake continues to be a truly decentralized and community-driven project.

Join Us in Building the Future of Unstake

We invite all community members, developers, and users to join us in creating the future of Unstake. Whether you are looking to contribute to the project, share ideas, or simply learn more about our initiatives, your involvement is vital to our collective success.

For those interested in contributing or joining our team, please don’t hesitate to reach out at hello@entropiclabs.io. We are always looking for talented individuals who share our passion for DeFi and technology.

Stay tuned for more updates as we continue to tinker on Unstake. Don’t wait. Unstake.