What is UnUniFi?
In the rapidly evolving landscape of blockchain technology, the management of on-chain assets continues to expand in complexity and capability, giving rise to the urgent need for innovative management solutions. The current methods in which these assets can be deployed to competitively earn yield are ripe for disruption. UnUniFi‘s dynamic Asset Management Platform aims to revolutionize the efficient operation of these assets across many blockchains. Cross-chain support, access to the best-in-class yield opportunities, and permissionless vault creation are just a few of the exciting features available on UnUniFi (pronounced “un-unify”). Supported by esteemed investors like Gumi Cryptos Capital and more, UnUniFi is on a mission to democratize asset management, catering to both retail and institutional stakeholders. Let’s take a deep dive into what UnUniFi is all about.
First, let’s identify the challenges in DeFi asset management for Users:
• Users must spend a large amount of time and effort across many apps and blockchains to find efficient DeFi strategies.
• Users cannot easily access complex strategies such as CeFi, RWAs, or Collateralized Assets as part of their portfolio management.
• Users cannot easily customize their exposure to specific DeFi + CeFi strategies.
Second, let’s identify the challenges in liquidity management for DeFi Protocols and Institutions:
• Strategy providers (yield pool creators/borrowers) suffer from fragmented liquidity across chains due to the difficulties and high cost of creating multi-chain support.
A New Standard for Cross-Chain Asset Management…
UnUniFi distinguishes itself from other Asset Management and Yield Aggregation platforms by addressing the limitations and challenges faced by existing solutions. UnUniFi leverages the Cosmos SDK and IBC to ensure maximum scalability; speed; security; and cross-chain interoperability, making it an ideal hub for Asset Management. Regardless of a user’s source chain, UnUniFi streamlines the process, ensuring that every DeFi user can seamlessly access the platform. UnUniFi empowers users to access an unlimited number of yield strategies, while sourcing strategies from the best DeFi protocols and CeFi services. This unique DeFi + CeFi approach enables users to receive unprecedented customizability when managing their assets, all within one easy-to-use cross-chain dashboard.
Meanwhile, strategy providers can leverage UnUniFi’s cross-chain support to deploy their contracts and source global liquidity across blockchains. Professionally operated and custodied strategies are compliant for Institutional and Accredited Investors. UnUniFi’s asset management platform is a one-stop solution enabling individuals, DAOs, funds, and other protocols to earn yield against unlimited strategies, featuring the best DeFi strategies, CeFi strategies, RWAs, and Collateralized Assets.
UnUniFi’s Core Application: UnUniFi Yield Aggregator (UYA)
Powering the Asset Management Platform is UnUniFi’s core application, the UnUniFi Yield Aggregator, or UYA. The UYA app functions as a cross-chain hub, enabling users to explore the true possibilities of cross-chain asset operation. The unlimited creation of Yield Strategies and Vaults fosters competitive and diverse opportunities.
How are Yield Strategies aggregated (sourced)?
• Chain-agnostic, seamless integration with the best DeFi protocols + CeFi Services, enabling access to higher-performing Yield Strategies. In this method, UnUniFi will directly integrate with the source Pool, even if it is on an external chain.
• Unlimited strategy creation, allowing any strategy provider to deploy their pool on UnUniFi while fostering cross-chain interoperability and minimizing liquidity fragmentation.
What are the types of Yield Strategies supported?
1) DeFi Strategies
e.g. DeFi Protocols, AMM
2) CeFi Strategies (KYC required***)
e.g. centralized lending (CeFi RWA)
3) Collateralized Assets: NFT-backed lending, RWAs, and more
e.g. non-fungible assets, Fine-Art, Luxury, Tokenized Assets, Tokenized DeFi Positions (Uniswap V3)
***KYC requirements (for CeFi strategies only) can be more decentralized by registering KYC providers via decentralized governance (distributed KYC)
How do users use the UYA?
• Basic Users can manage (deposit) any asset type into a vault of their choice, with the vault being composed of one or more underlying strategies. For the average user, the UYA App will be able to display the highest performing yield strategies and vaults, easily allowing them to select a pre-created vault and automatically participate in the highest performing strategies.
• Advanced Users can leverage an unprecedented level of customization, with the UYA App allowing anyone to autonomously manage their portfolio exposure by creating their own Vault (permissionless vault creation). This allows for the combination and selection of DeFi + CeFi strategies within the same Vault, while allowing the creator to also specify the weightings of the underlying strategies. Anyone can create a vault, so long as it has not already been created (duplicated vaults will be rejected).
• Institutional Users and Accredited Investors (e.g. Funds as Lenders) can manage their assets by depositing funds into CeFi + DeFi strategies. Professionally managed and compliant CeFi + DeFi strategies will be supported via Qualified Custodian.
How do Strategy Providers use the UYA?
Strategy providers can create and deploy their contracts/pools on UnUniFi. This mechanism is cross-chain enabled and can be utilized by any party. Below are two examples:
• DeFi Protocols (e.g. Automated Market Makers) can add their contracts to the UYA to source global liquidity, fostering cross-chain interoperability and minimizing liquidity fragmentation (by eliminating the need to deploy a pool on multiple chains).
• Institutions (e.g. Funds as Borrowers) can create their own lending pool for users, allowing them to aggregate global liquidity and borrow funds from the pool.
So why the rebrand?
If you read UnUniFi’s previous article describing What is UnUniFi?, you might be confused about the current positioning. Previously, UnUniFi focused its product offerings as “3 Apps in 1 User Experience” with an emphasis on NFT-Fi (NFT-backed lending) as its core product offering. Together, the 3 core apps would enable “decentralized asset management for all on-chain assets” encompassing both NFT-based assets and DeFi-based assets. This rebrand is in direct alignment with UnUniFi’s mission, and simply represents a restructuring of HOW the products are presented.
The “UnUniFi Yield Aggregator” retains the exact functionality as the previously named “Interchain Yield Aggregator” and will launch as UnUniFi’s core product. The “NFT-Backed Lending” and “Derivatives” apps will retain their functionality and will be deployed as functions within the UnUniFi Yield Aggregator, further enhancing its capabilities. This streamlined rebrand allows UnUniFi to focus on one core product (one core app) while continuing their mission for asset management for all on-chain assets (including NFT based assets!)
Conclusion:
UnUniFi’s rebrand from its initial NFT-Fi emphasis to its current focus on efficient, cross-chain asset management represents yet another focused alignment with its core values. By prioritizing the UnUniFi Yield Aggregator and expanding its strategies, UnUniFi ensures diverse yield opportunities for its users. With its revamped narrative, UnUniFi promises enhanced utility, scalability, and innovation, paving the way for a new era of blockchain-based asset management. Whether you’re a seasoned investor, an emerging DAO, or just exploring the blockchain sphere, UnUniFi offers a comprehensive solution that caters to diverse investment needs.
