Unich Platform Latest Updates: New Pre-Market Listings, Integrations, and More

Unich operates as a decentralized exchange on the Solana blockchain, enabling pre-market trading and initial DEX offerings for various tokens. Its model supports pairs like USDC and ETH for over-the-counter trades, allowing users to engage before full listings are established. The platform's $UN token, central to its ecosystem, powers features such as governance and rewards through its tokenomics structure. During the reviewed period, Unich prioritized community input, with suggestion forms influencing the development of new listings and events.

The exchange's pre-market segment lists tokens based on user proposals, settling trades within specified timelines. For instance, the $WLFI pre-market concluded with trading ending at 10:00 UTC on September 1, followed by settlement starting at 10:15 UTC and a deadline of September 2. This process ensures orderly transitions to post-token generation event phases, where tokens like $UN become available on external exchanges such as Binance for price tracking and volume analysis. 

Meanwhile, the OTC Exchange, focused on decentralized finance, has introduced several updates over the past few weeks. These include new pre-market over-the-counter listings for tokens such as $AVNT, $U, $BARD, and $EDEN, as well as community events and wallet integrations. Let's dive into these updates, starting from August till the time of writing, as the platform advances in its developments, including its native $UN token IDO. 

Late August Developments: Listings and Community Engagement

In late August, Unich launched multiple pre-market OTC listings, reflecting its responsiveness to community feedback. On August 28, the platform announced a livestream titled "Trading & Decentralization: The Future of Finance," scheduled for the following day at 8:00 UTC. The event included mini-games that offered rewards: 10 EGGWARD non-fungible tokens and 100 USDT were distributed to participants.

The livestream occurred on August 29, with the winners announced on September 5. Concurrently, on August 30, Unich opened a suggestion form for event ideas, running until September 5. Top submissions earned rewards and upgrades to the 'Builder' badge in the platform's user profile system.

August 30 also marked the listing of $AVNT, the Avantis token, with trading pairs AVNT/USDC and AVNT/ETH. Avantis integrates DeFi protocols with Bitcoin, enabling cross-chain liquidity. The next day saw the addition of $U, the Union token, supporting pairs U/USDC and U/ETH. Union employs zero-knowledge proofs for interoperability across blockchains and rollups, facilitating secure data verification without revealing underlying information.

Early September: Token Listings and Event Recaps

September began with continued listing activity. On September 1, $BARD, the Lombard token, entered pre-market trading at 8:00 UTC, paired with BARD/USDC and BARD/ETH. Lombard converts Bitcoin holdings into yield-bearing assets within DeFi ecosystems, using wrapped representations for lending and borrowing.

That same day, Unich detailed the settlement for $WLFI pre-market, as noted earlier, ensuring users could finalize positions promptly. On September 2, the platform initiated a weekly Monday quest, granting 800 free FD Points, its loyalty metric, via the airdrop page, with a 20-minute completion window.

Midweek, on September 3, Unich shared data on the top five performing tokens in pre-market over the prior 24 hours, listing their percentage gains and encouraging order placements. This transparency enables traders to assess volatility, with gains ranging from 5% to 15% in the highlighted assets.

September 5 brought announcements for livestream winners and a new listing: $EDEN, the OpenEden token, at 6:00 UTC with pairs EDEN/USDC and EDEN/ETH. OpenEden tokenizes real-world assets, including U.S. Treasury Bills, bridging traditional finance with blockchain through on-chain representations.

On September 6, Unich extended its idea submission window to September 12, again tying rewards to badge upgrades. It also published an August recap video, detailing monthly metrics like user growth, up 25%, and listing volumes exceeding 500,000 USDT in pre-market trades.

Mid-September: Integrations and Interactive Events

The second week of September shifted toward technical enhancements. September 9 introduced a key integration: Unich's dApp now connects directly with Binance Wallet, allowing seamless access without switching applications. This supports one-click approvals for transactions, leveraging Binance's secure key management.

Also on September 9, $UN was listed on LBank Exchange post-TGE, providing real-time charts, order books, and historical volume data. Traders can monitor metrics like 24-hour trading volume, which hit 1.2 million USDT in the first day.

Technical Details of Pre-Market Trading

Unich's pre-market OTC model utilizes a request-for-quote system, where buyers and sellers match orders off-chain before settling on-chain. Listings specify UTC timestamps for openings and closings, with pairs settled via Solana's high-throughput consensus, which processes up to 65,000 transactions per second. For zero-knowledge tokens like $U, trades incorporate proof verification, adding a layer of privacy without compromising auditability.

The platform's FD Points system tracks user activity, redeemable for token allocations or fee reductions. Quests, such as the Monday challenges, require completing tasks like social shares or mock trades, verified via API calls to X and Telegram.

Integrations like Binance Wallet use WalletConnect standards, ensuring compatibility with Solana's SPL token standard and Ethereum's ERC-20 equivalents. This enables cross-chain swaps without centralized intermediaries, although users must handle gas fees specific to each network.

Conclusion

Unich's recent updates demonstrate its focus on expanding pre-market access, fostering community input, and enhancing user tools. Capabilities include user-suggested token listings, multi-chain IDO participation, direct wallet integrations, and event-driven rewards, all built on Solana's infrastructure for efficient decentralized trading.

As the protocol continues to evolve, it is becoming a key player in the blockchain industry, offering users access to several assets prior to the TGE. With its IDO approaching the final stage, Unich is one to watch out for in the coming months. In the meantime, BSCN will continue to monitor its progress in the crypto space. 

Sources

• Unich Analysis: https://analysis.unich.com/ 
• Unich website: https://unich.com/ 
• Union IDO Review: https://cryptorank.io/ico/unich 
• Unich X Platform: https://x.com/unich_com