Unido partners with SpiderDAO to provide additional benefits for upcoming Liquidity Mining Program

Unido
Unido Blog
Published in
3 min readMar 26, 2021

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We are delighted to announce our partnership with SpiderDAO, a next-generation fair and resilient hardware-based DAO governance model, built on Polkadot. SpiderDAO leverages a multi-layered governance setup based on hardware and software tools on top of its hardware-based DAO, which brings online privacy to the end-user.

Our partnership will provide a boost in the upcoming Liquidity Mining Program with SpiderDAOs Liquidity as Utility program. Liquidity as Utility or so called LAU will provide Unido community with following benefits:

  • Tangible product for Unido and $UDO tokens holders who provide liquidity to Uniswap
  • Bonus reward in SpiderVPN subscription or SpiderVPN Router
  • Online privacy and improved security

With the service, the Unido community will be able to protect their online privacy. To obtain free access to the Spider VPN service, $UDO token holders will need to participate in the upcoming Liquidity Mining program.

Liquidity mining enables all LPs to claim rewards as well as attractive APY that will be announced in the future. With the attractive APY users will now be able to claim additional rewards in SpiderVPN and SpiderConnect Pro Router. The program will take place as soon as the Unido Liquidity Mining program starts, with more details available in the next articles.

SpiderVPN provides a decentralized router-based VPN service for its users by using a dual-governance model which brings together hardware and software tools with on-chain elements.

SpiderDAO CEO Nathan Varty: “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.”

Quote from our CCO Michael Swan: “Unido are pleased to partner with SpiderDAO for our upcoming Liquidity Mining Program. SpiderDAOs governance tools strike a chord with us given our mutual focus on governance and clever controls. Their Liquidity as Utility program is more than welcome for Unido community.”

About Unido

Unido is an enterprise platform for decentralized capital markets. It enables institutions & corporate clients to securely store, manage and invest their crypto assets into decentralized finance networks. Unido is underpinned by proprietary key signing technology that provides enterprise-grade security for any transaction which utilizes it.

Founded in 2017 and with a market-ready product, Unido is led by an experienced team of ex-Goldman Sachs, ex-Macquarie and ex-Wipro with decades of experience in enterprise software development, financial services and agency blockchain development.

Learn more about Unido at:

Website | Telegram | Twitter | One Pager | Deck | Whitepaper | App Store | Google Play

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Unido
Unido Blog

Built on Polkadot and powered by $UDO token, Unido is building enterprise-grade solutions to give institutions better access to DeFi Markets.