Buybacks and burns are now running automatically across Unlockable.
Revenue generated through trading activity and protocol fees is used to buy $Unlockable directly from the market with a portion of those tokens permanently burned and the remainder redistributed back into the ecosystem.
Trade price exposure and future dividends separately through Verona.
Tokenized equities no longer have to be one bundled position. Verona lets users split supported assets into PT and YT and trade each side independently onchain.
0xd3ec87827ad737322164d2e5bd6c3d7f5aea37fc
$Unlockable
Unlockable will offer 1:1 on ramps with zero fees making it simple to move from fiat directly onchain and start accessing tokenized equity markets.
No deposit fees. No unnecessary friction.
At launch, Unlockable will support a curated selection of tokenized equities and ETFs that users can deposit and split into PT and YT.
PT provides exposure to the underlying asset’s price, while YT represents its future dividend exposure through maturity. Both positions can then be traded independently through Unlockable.
The initial assets have been carefully selected to provide deeper, more reliable markets from day one, giving users access to liquidity on both sides of the position.
As liquidity grows, Unlockable will expand its supported assets to include more equities, ETFs, maturities, and dividend markets, unlocking more ways to trade equity cash flows onchain.
Unlockable will use @Uniswap as the liquidity layer for its tokenized equity markets.
When users split a supported stock through Unlockable, they receive two separate tokens: one representing the stock’s price exposure and another representing its future dividends.
Powered by Uniswap liquidity, each side can be bought and sold independently, without requiring users to hold the entire stock position.
This unlocks simple, onchain access to financial exposures that have traditionally required complex financial products.
Keep your stock exposure. Sell your future dividends. Or buy dividend exposure directly.
Unlockable makes it possible.