G-UNI Rari Fuse Pool Is Now Live
G-UNI, Gelato’s Uniswap v3 LP solution, has prided itself on its composability and with Rari Fuse pools, which is shown on full display. G-UNI Fuse pools are now LIVE.
“We’ve wanted to support Uniswap v3 LP positions since reading about them and with G-UNI, Gelato makes it easy. I’m really excited to be a user of this pool.”— Jai Bhavnani, co-founder of Rari Capital
Rari Fuse pools are isolated lending markets that allow users to utilize their idle digital assets as collateral. Users can create a pool as well as select their own assets, interest rate curves, and oracles. Currently, there are over 30 Fuse pools that collectively account for over $363 million in TVL.
With the G-UNI pool, users will be able to deposit G-UNI stablecoin pairs such as G-UNI DAI/USDC, G-UNI USDT/USDT, and G-UNI DAI/USDT and take out leverage in DAI, USDC, and USDT.
The integration with Rari comes shortly after G-UNI’s incorporation in Maker where users can deposit G-UNI DAI/USDC to generate DAI. So far, that pool has $7.2M in TVL. In addition, G-UNI has been utilized in liquidity mining programs of Instadapp and Float protocol.
“It was a no-brainer to get G-UNI pools onto Fuse. The isolated lending pools were built for products such as G-UNI and as the pool matures, I hope to see more exotic types added to it as well.” — David Liebowitz, Growth Lead of Gelato
Both Rari and Gelato share the same values of pushing the limits of how money legos in DeFi are shaped and fit into each other. Rari was the first protocol to come out with isolated lending markets for any asset while G-UNI is built to make liquidity provisioning simple for any Uniswap v3 pair.
In the future, expect further collaborations between Rari and Gelato. Stay tuned to our social channels for more updates!
About Rari Capital
Rari Capital is working on building a series of products with the goal of increasing market efficiencies within the crypto-sphere. Their first product was software that can rebalance users' holdings across a series of protocols to deliver the highest yield. They have since kept pace with the innovation with the advent of Fuse pools and tranches and have more product releases planned in the near future.
About Gelato Network
Gelato Network is Web3’s premier automation network, enabling developers to automate a wide variety of arbitrary smart contract executions on and across all EVM-based compatible blockchains such as Ethereum. Examples of use cases developers have built on top of Gelato include Limit Orders on AMMs like Uniswap, automatic compounding of yield farming vaults, Aave liquidation protection, MakerDAO debt ceiling updates, automated liquidity management, and even the petting of Aavegotchis.
Our ultimate goal is to automate everything and by giving developers the reliable tools they need to do this, we can empower their users to get the most out of their Web3 experience.
► Check out what we’ve been working on at 🍦 https://gelato.network/🍦
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