Zunami Protocol. Review

vizimnokh
3 min readMar 4, 2022

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ZUNAMI is gateway to the era of emerging financial opportunities. It is a platform that provides a reliable and straightforward solution for stablecoin deposits and is the first decentralized revenue aggregator that generates profits unimaginable in traditional finance.

Purpose of the project

Free users from banking hassle and inefficiencies

Make interaction with money autonomous and straightforward

Make financial freedom accessible to all

It solves

  • Complicated UX due to the number of functioning stablecoin pools — >
    New UI makes interaction with DeFi apps smooth & easy by performing all the actions in one step
  • Frequent interest rates changes in yield-farming pools — >
    Zunami’s decentralized revenue aggregator for stablecoins selects the most profitable pools automatically
  • Deposit and funds withdrawal is too expensive — >
    The Transaction Streamlining Mechanism (TSM) makes a deposit in 2 stages, significantly reducing the costs of depositing and withdrawing for users
  • Costly & inconvenient rewards selling on your own — >
    The rewards received are automatically sold and then reinvested so that users can enjoy the full power of compound interest

Why the project is so unique?

1.REBALANCING — Zunami Protocol always keeps users’ funds in the most profitable pools. There is also a mechanism for the manual rebalancing of funds.

2.COST OPTIMIZATIONdecrease in deposit costs compared to even industry-leading platforms. You will need much less fuel to get where you’re going.

Get more for less.

3.AUTO-COMPOUND — Protocol automatically sells rewards and reinvests profits — save money and boost ptofits.

Zunami Protocol is also a multichain platform — the obvious approach for DeFi applications to avoid congestion and scaling issues. That’s why project supports Polygon, BSC, Ethereum and other popular alternative chains. Users have an opportunity to choose the best place to allocate funds, regardless of the initial blockchain used to store the digital assets.

Base concept

  • Zunami Protocol uses the Transaction Streamlining Mechanism (TSM) which accumulates users’ funds in one batch and distributes it according to our strategies, reducing the commissions for individual transactions
  • The Zunami protocol receives APY data, makes calculations, and selects the most profitable strategy. Then, the user’s funds are sent to Curve, and LP tokens are staked on Convex or Yearn
  • Rewards accrued by the user in DeFi protocols are automatically sold and the profits are reinvested. Zunami Protocol App boosts users’ income by allowing them to enjoy the compound interest

And what about token?

ZUN is the governance and utility token of the Zunami Protocol. Users will receive ZUN as a reward for depositing the funds. Staking ZUN will boost profits, and holding tokens will also entitle users to participate in the DAO and vote in proportion to the number of tokens held.

Roadmap

More information you can find here

Medium | Discord | Telegram | Twitter | Website | Docs | YouTube

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vizimnokh

Smth new for me and russian introduction into crypto projects