Future of Smartcoins
What’s Next? The Expansion of Smartcoins
Umoja is already developing similar Smartcoins for other popular cryptocurrencies. The potential to expand the Smartcoin ecosystem highlights another strength of the technology—upgradability. Smartcoins can be programmed to incorporate additional trading strategies and protections over time, helping them keep pace with market conditions and generating greater returns for both holders and stakers of the protocol.
yETH
ETH-denominated, principal protected yield-bearing ETH
Principal protected
ETH-collateralized
Yield derived from multiple strategies in parallel, including CEX/DEX funding fee arbitrage & covered call strategies
ySOL
SOL-denominated, principal protected yield-bearing SOL
Principal protected
SOL-collateralized
Yield derived from multiple strategies in parallel, including CEX/DEX funding fee arbitrage & covered call strategies
zBTC
BTC-denominated, directional, high-yield-bearing BTC
Higher-Yielding than yBTC (no principal protection cost)
BTC-collateralized
Yield derived from multiple strategies in parallel, including CEX/DEX funding fee arbitrage & covered call strategies
zETH
ETH-denominated, directional, high-yield-bearing ETH
Higher-Yielding than yETH (no principal protection cost)
ETH-collateralized
Yield derived from multiple strategies in parallel, including CEX/DEX funding fee arbitrage & covered call strategies
zSOL
SOL-denominated, directional, high-yield-bearing SOL
Higher-Yielding than ySOL (no principal protection cost)
SOL-collateralized
Yield derived from multiple strategies in parallel, including CEX/DEX funding fee arbitrage & covered call strategies
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