$UNN.

Chart is silently getting ready, but decided to write a thread on why i'm bullish on it fundamentally.

1. This is a Defi insurance play. Defi insurance is a necessity in my opinion, to see the sector mature.

Current Mcap is 8.7mill.

There are existing smart contract cover competitors such as Nexus Mutual standing at 312mill Mcap, that's a 35x gain from here.

2. The raise was fully unlocked, meaning there aren't any vesting shelves to be on the look out for. This is a huge benefit as it means all those that got seed at 0.0075 have had a month to dump what they want. Soon demand will outpace supply.

3. They had an A* team and advisory board. Most importantly Dr. Michael Zargham on the advisory board - CEO of @block_science, an engineering R&D and analytics firm that are used for consultancy and support to certain projects. $Ocean and $Bal are to name a few..

4. There are existing competitors such as Nexus, and the upcoming such as bridge mutual. But there is space for multiple insurance options. $UNN's differentiation factors are as follows.

4.1. "Total" bundled protection that covers more than just smart contracts, eg: layer 1+ flash loan exploitation.

Equally important to this they are focusing on other areas of Defi such as optimized capital utilization in lending collateral, IL hedges, gas cost hedges etc.

4.2. For purposes of the latter protection bucket, they're building a decentralized lending protocol that will take decentralized options as a collateral, bringing TradFi capital efficiency into DeFi. This is a first and opens up market not just in protection, but also in lending

4.3. . They are using Compound and Hegic as bases to build on, which will serve as 1) natural avenues to collaboration and 2) a solid, tested foundation to work with.

5. Setup is KYC-free. No wrapped tokens required.

6. An important item on their roadmap is secondary market for protection exchange. Think of this as re-insurance, which plays a critical role in traditional insurance today (e.g think of Munich Reinsurance).

6.1. This exchange is for individuals and entities to offload their protection risks.

7. A combination of the evolution of the Defi space, the Mcap potential from an investment standpoint, the concept and it's unique points of differentiation and the team an advisory board. The project is set to tear up the next run, and grow into of the biggest gainers of 2021.

$UNN.

Starting to go here. Product roll out kicks off tomorrow.

Last time we see these prices imo, especially with the way the alt market is shaping up.