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.

The following smartcoins will be available soon:

Smartcoin
Description
Value Proposition

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

Learn more about the first available Smartcoin: $yBTC

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