Unicorn Overview
Protocol, Interface, Labs
To begin, we should make clear the distinctions between the different areas of "Unicorn", some of which may confuse new users.
- Unicorn Labs: The company which developed the Unicorn protocol, along with the web interface.
- Unicorn Foundation: A non-profit organization that supports the development of the Unicorn protocol and its DeFi ecosystem.
- Unicorn Protocol: A suite of persistent, non-upgradable smart contracts that together create an automated market maker, a protocol that facilitates peer-to-peer market making and swapping of ERC-20 tokens on the Ethereum blockchain.
- Unicorn Interface: A web interface that allows for easy interaction with the Unicorn protocol. The interface is only one of many ways one may interact with the Unicorn protocol.
- Unicorn Governance: A governance system for governing the Unicorn Protocol, enabled by the UNI token.