Your gateway to permissionless
and instant liquidity on Stacks
Borrow against your STX collateral at 0% interest. No checks or approvals.
Repay whenever you want. Built on Stacks, secured by Bitcoin.
Your gateway to permissionless and instant liquidity on Stacks
Borrow against your STX collateral at 0% interest. No checks or approvals. Repay whenever you want. Built on Stacks, secured by Bitcoin.
Analytics as of August 30th, 2023
$2,430.04
Total Collateral
1,044.68 UWU
Total Debt
UWU BORROW
Instant access to liquidity
Say goodbye to interest payments. With UWU Borrow, you
can borrow against your STX tokens at 0% interest.
Say goodbye to interest payments. With UWU Borrow, you can borrow against your STX tokens at 0% interest.
0% Interest
A one-time fee is applied when borrowing, rather than a variable interest rate.
Flexible Repayments
Choose when to repay. There’s no set schedule for repayments when you borrow.
Instant Access
No checks, no approvals, and no personal information is required.
UWU EARN
Maximize your earnings
Discover a realm of earning opportunities, from Vault Liquidations to liquidity provision, all conveniently available through the Web App.
Protocol Fees
UWU Protocol charges a one-time fee when borrowing. The fees generated from borrowing are captured by the xUWU token.
Vault Liquidations
UWU Protocol uses liquidations to ensure that UWU is backed by sufficient collateral. During a liquidation, liquidators are able to acquire collateral by repaying debt.
Stability Module
The Stability Module is a tool used to stabilize the value of UWU by facilitating direct 1:1 swaps between UWU and sUSDT. It allows users to swap from UWU to sUSDT with minimal to no fee.
UWU EARN
Maximize your earnings
Discover a realm of earning opportunities, from Vault Liquidations to liquidity provision, all conveniently available through the Web App.
Protocol Fees
UWU Protocol charges a one-time fee when borrowing. The fees generated from borrowing are captured by the xUWU token.
Vault Liquidations
UWU Protocol uses liquidations to ensure that UWU is backed by sufficient collateral. During a liquidation, liquidators are able to acquire collateral by repaying debt.
Stability Module
The Stability Module is a tool used to stabilize the value of UWU by facilitating direct 1:1 swaps between UWU and sUSDT. It allows users to swap from UWU to sUSDT with minimal to no fee.
UWU STABLECOIN
UWU Cash is a decentralized, fully-backed, and censorship-resistant stablecoin that can be used by anyone with an internet connection
Stable
A variety of mechanisms are used to help UWU maintain a price that floats around $1.00.
Fully-backed
Each UWU in circulation is over-collateralized with at least $1.50 worth of STX tokens.
Globally accessible
UWU is universally accessible, regardless of location or financial status.
UWU PROTOCOL
Open-source and verifiable
Don't trust, verify. UWU Protocol's contracts are fully open-sourced
and licensed under the GNU General Public License v3.0 (GPLv3).
Don't trust, verify. UWU Protocol's contracts are fully open-sourced and licensed under the GNU General Public License v3.0 (GPLv3).
Built on Stacks,
secured by Bitcoin
Built on Stacks, secured by Bitcoin
UWU Protocol is built on Stacks, a smart contract layer anchored to Bitcoin, the most battle-tested blockchain to date.
Governance-free and immutable
Governance-free and immutable
UWU Protocol is trust-minimized and governance-free. The protocol, and its assets, are censorship-resistant and cannot be frozen.
Efficient and light-weight
Efficient and light-weight
UWU Protocol is designed to be efficient. The protocol's codebase is less than 1,000 lines of code.
Latest news and updates
Taking a deep dive into UWU Protocol
Twitter Thread • Published on June 1st, 2023
DeFi on Bitcoin Part 2: Introducing UWU Protocol
Article • Published on May 30th, 2023
Announcing the closed beta for UWU Protocol
Twitter Thread • Published on April 20th, 2023
Frequently asked questions
What is UWU Protocol?
UWU Protocol is a stablecoin protocol built on Stacks that offers zero-interest loans with no repayment date. Users can deposit STX as collateral and borrow up to 66% of the dollar value of their deposit in the form of UWU Cash (UWU), the fully-backed and unstoppable stablecoin of UWU Protocol.
What is UWU Cash?
UWU is the fully-backed and unstoppable stablecoin of UWU Protocol. It's over-collateralized with STX, the native cryptocurrency of the Stacks blockchain, and is designed to be highly decentralized and resistant to censorship.
What can I do with UWU Cash?
UWU serves as a payment method, store of value, and can be transferred globally without the need for intermediaries. Given its programmability, UWU can be integrated into decentralized exchanges, used for buying NFTs on marketplaces, and applied in a multitude of other blockchain-based services.
How can I get UWU Cash?
You can obtain UWU by purchasing it on an exchange like Stackswap, using the Stability Module, or by depositing STX as collateral and borrowing it from the protocol.
How can I use UWU Protocol?
Most commonly, UWU Protocol is accessed via a web interface. Currently, the only available web interface is located at https://app.uwu.cash. Additionally, you'll need a Stacks wallet containing some STX.
What is Stacks (STX)?
Stacks is a smart contract layer anchored to the Bitcoin blockchain that enables programmable smart contracts that leverage the security and immutability of Bitcoin. Stacks (STX) is the native cryptocurrency of Stacks. STX is used to pay for transaction fees and execute smart contracts.
Ready to get started?
Dive into the UWU Protocol ecosystem in under 30 seconds. Borrow as little as 25 UWU with UWU Borrow, or navigate the earning landscape with UWU Earn.
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