UNIT

Creating UNIT, a decentralized, unbiased crypto index reflecting market value using an algorithm that includes top coins, population, and life expectancy data. TINU, a flatcoin peg, allows investment in crypto market as a whole, hedging against inflation and volatility. Suitable for all investors, offering no-fee returns through vaults and farms.
Application
Applied on: 15 Nov 2023 05:10 AM
Approved
User Review
AI Review
A1
Reviewed on 15 Feb 2024 01:36 PM
Web3 Open Source Software Round Eligibility
The information provided is insufficient to determine the project's adherence to all of the general program policies.
To be eligible for this grant round, projects must meet the general program policy and the following specific requirements:
The general program policy has not been fully outlined or assessed, and specific requirements are evaluated individually in subsequent criteria.
Open Source: The project must be open-source.
The project's GitHub repository is publicly accessible, indicating that it is open-source.
Recent Activity: There must be meaningful GitHub activity within the past 3 months, demonstrating ongoing work aligned with the project's mission.
The project’s GitHub repository 'theunit-contracts' and 'theunit-frontend' show a number of commits in the last 3 months, which suggests ongoing work.
Web3 Focus: The project should primarily aim to develop or advance the broader Ethereum and/or Web3 ecosystem
The project description indicates that it aims to provide a benchmark and a flatcoin for the DeFi space, which is inherently linked to the Ethereum and broader Web3 ecosystem.