Unstoppable’s Vision

Pioneering the Decentralized Future

Published in

unstoppable-official

5 min readOct 23, 2023

Since the inception of Unstoppable, we’ve been guided by three foundational pillars, as outlined in our initial litepaper:

Unstoppable DEX: An execution layer for existing Spot DEX liquidity, marked by its unique features like advanced order types, single-sided LP, and a particular focus on leveraged spot trading.
Unstoppable Bridge: Engineered to bridge traditional finance with the cryptocurrency ecosystem, aimed at simplifying the experience for newcomers and enriching it for existing crypto users.
Unstoppable Wallet: The linchpin designed to streamline user experience (UX), a vital aspect we identified early on to expand the market and democratise access to crypto opportunities.

Where We Stand Today

The Spot DEX beta is operational for an extended period already. The Margin DEX meanwhile is on the brink of deployment.
Our Bridge is making headway through the labyrinth of regulations. Progress is steady, and we’re on course to realise our vision of a bridge platform for on-chain and off-chain assets.
The development of the wallet has made significant progress. This is largely due to the immense potential we uncovered during the first app iteration. We realised the critical impact it will have to drive the market growth for Unstoppable and add value to our community.

To put it briefly, while our direction remains unchanged, we’ve recognised the potential of reducing entry barriers and refining the UX, prompting us to prioritise accordingly.

Unstoppable’s Evolving Ecosystem

The Unstoppable DEX and Bridge serve as our foundational infrastructure, paving the way for the forthcoming Unstoppable Wallet and App, which will manifest in two versions:

An Advanced Trading App: Tailored for the savvy trader, replicating the experience of a centralised exchange.
A Streamlined Interface: Aimed at crypto novices, designed to mitigate the steep learning curve.

Although the final version of the streamlined interface may be more nuanced, our UX philosophy boils down to a two button principle: “Invest” and “Earn”. A minimalistic interface, simple sign-up and bridging capabilities — DeFi streamlined for the masses.

Perfecting the User Experience

Undeniably, refining UX is an ongoing journey, impacted by individual preferences and balancing user feedback has been a complex task. As we transition deeper into mobile platforms, we aim to utilise the unique attributes of mobile devices judiciously.

Our focus is on data-driven UX enhancements, which we’ll adapt based on a growing and diverse user pool, creating an enhanced experience for everybody. That being said, your feedback in this process is invaluable as well — Reach out to us via our social channels anytime!

More Than Just Another Crypto Bridge

Far from a typical cross-chain bridge, the Unstoppable Bridge aims to connect DeFi to the tangible world seamlessly. To accomplish this, we’re laying the groundwork with a regulated entity poised to collaborate with banking partners to provide this service.

These partnerships will make using traditional money and credit cards easier with our platform. This is merely phase one — In the future, we envision tokenising unique assets and deploying wrapped versions of unbridged tokens on new chains. However, our initial focus remains on merging the tangible and crypto spheres, with cross-chain bridging slated for later.

Sustainable Incentives

We’re enthusiastic about incentivising early users, but our vision extends beyond that. We are unwavering in our commitment to establishing a business model that thrives on genuine product value. Incentives, in our eyes, should complement, not replace, an excellent product backed by a robust business strategy.

Although native token emissions in crypto are an exciting way to attract users, many protocols rely too much on this strategy. As a result, they often overlook the need for a sustainable business model. The risk? These protocols could fade away or find themselves lacking a feasible product or revenue model once the incentivised phase ends.

We have refrained from taking shortcuts, instead opting for innovative incentive structures like a dynamic staking system, trading competitions, and invite campaigns. We’re excited to share the details about these as soon as possible!

Regulatory Impact on Unstoppable

Despite some banks retracting support for crypto ventures, we believe it’s a temporary setback in reaction to the latest regulatory uncertainty. At the same time, the future looks promising with emerging regulatory frameworks like the EU’s MICA regulations. Our architecture intentionally straddles between decentralised on-chain activities and regulated off-chain operations.

The on-chain component is set to be a decentralised, permissionless entity that will evolve into a DAO. It’ll be characterised by immutable contracts embodying the ethos of genuine cryptocurrency without the influence of KYC procedures or regulators.

However, we recognise the need to adopt a different approach for smooth integration with the real world, especially concerning the on- and off-ramp mechanisms. The Bridge will need to operate entirely within the regulated domain.

Our protocol offers a win-win solution: regulated processes for the Bridge and complete freedom for on-chain activities. It’s the best of both worlds.

The Third Pillar: Mobile Application and Wallet

We made significant progress refining our tech infrastructure regarding the App. Our vision is simple: a user-friendly mobile app that bridges the gap between the complexities of DeFi and mainstream users.

On sign-up, users are prompted to provide a username and undergo a biometric sign-up process, leveraging their fingerprint or Face ID stored on their mobile device. This process facilitates the creation of a private-public key pair, with the private key stored securely on the device, ensuring user autonomy and security.

The beauty of this system lies in its simplicity and security. Users aren’t burdened with the complexities of cryptocurrency practices, like seed phrase documentation, private key backups, network switches, or jumping between apps. Instead, with a username and biometric sign-up, they gain access to a platform as intuitive as any modern mobile app without compromising transactional security.

In essence, Unstoppable’s mobile application is set to redefine the mobile DeFi user experience. It’s not just about simplifying crypto anymore; it’s about creating a seamless, secure environment where anyone can engage without the steep learning curve.

Putting it All Together

Internally, we’ve been building a robust foundation, and it’s time for our efforts to manifest externally. The tireless efforts we’ve put in are beginning to show results, and we believe you’ll appreciate the transformation when you experience it yourself. The onboarding and setup process we’re introducing starkly contrasts with what’s available today.

Imagine handing our platform to someone able to use a smartphone. The users can quickly create an account, load it up using the Bridge in-app, and delve right in. Users will keep all the benefits of self-custody without the complexities of crypto wallet management and obtain access to a trading experience corresponding to a centralised exchange, combining the best of both worlds.

While we’re beginning with basic versions as proofs of concept, our iterative development approach for the app means we’ll continuously enhance the platform. Early adopters might find a minimalistic app with limited features, but this is by design. We aim to release features progressively, gathering user feedback at every stage ensuring we’re aligned with our community’s needs.

Conclusion

The journey ahead is exciting, and we can’t wait to share our milestones with you. Remember that your feedback is our guiding light, and we invite you to be an integral part of our journey. Join our Community channels today and start to become part of something revolutionary. Become Unstoppable.