Unbound (CRYPTO:UNB) is a decentralized liquidity protocol that unlocks the liquidity from Automated Market Makers (AMMs) by building a derivative layer on top of them. It enables users to stake liquidity pool tokens (LPTs) to create synthetic assets that enhance the network's liquidity. Unbound aims to build a debt-free ecosystem where users have a lower risk in providing liquidity. Unbound is currently working on a number of projects, including expanding its support for more AMMs, developing new synthetic assets, and improving its user experience. Its objective is to build a decentralized liquidity protocol that is more efficient and capital-efficient than existing AMMs. Unbound is a promising new project with a lot of potential. It addresses some of the key challenges facing existing AMMs, such as low capital efficiency and high risk for liquidity providers. Unbound is still under development, but it has already gained a significant following among DeFi users.