KUSD subtypes
The Unda protocol is flexible and has the possibilty to accept multiple tokens as collateral. Each token has a corresponding KUSD subtype in order to strengthen the protocol's resilience and mitigate risks.
Currently Unda only accepts Koin as collateral so at this point in time the implementation of subtypes isn't active yet.
Once other assets become supported each token will have its own smart contract and KUSD subtype, completely independent from other collateral assets. Due to this modular design other subtypes can become supported in the future with no effect on the rest of the protocol. All subtypes are mutually interchangeable and pegged to the US dollar.
Last updated