Umoja Protocol
  • UMOJA OVERVIEW
    • What is Umoja
    • The Problem
    • Solution: Smartcoins
    • Size of the Opportunity
    • Protocol Roadmap
  • UMOJA PRODUCTS OVERVIEW
    • $yBTC: yield vault token
  • PRODUCT GUIDE
    • Getting started
    • How to Mint and Burn $yBTC
    • How to Stake $UMJA
    • How to read the Portfolio Dashboard
      • Transactions Tab
      • Settings Tab
    • Burn & Release vesting $UMJA
    • How to participate in $UMJA´s Airdrop
  • PROTOCOL DESIGN
    • Protocol Architecture
      • Protocol Deployed Contracts
      • Key Trust Assumptions
    • Mint
    • Execute
    • Stake
      • Governance Pool
      • Yield Stabilization Pool
      • Airdrop Vesting Pool
    • Burn
    • The $UMJA Token
  • Tokenomics
    • Overview
    • Value System
    • Supply & Demand Dynamics
    • Resource Allocation
      • Token Distribution
      • Inflation Schedule
      • Token Vesting Schedules
      • Revenue Model
    • Incentive Structures
    • Policy Framework
  • Collateral Custody & Security
    • Overview
      • Off-Exchange Settlement
  • RESOURCES
    • Compliance
      • Terms of Use
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    • Protocol Audits
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  • How Does $yBTC Work?
  • Security and Compliance
  • Get more information on $yBTC
  • Monetize your Bitcoin
  1. UMOJA PRODUCTS OVERVIEW

$yBTC: yield vault token

Monetize Your Bitcoin with $yBTC.

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Last updated 28 days ago

What is $yBTC?

$yBTC is the lowest risk and highest-yielding BTC yield vault token in crypto.

In today’s dynamic crypto landscape, investors are constantly looking for ways to earn returns on their Bitcoin while managing the risk of loss. $yBTC is a new type of cryptocurrency solution that combines yield generation with built-in risk protection. $yBTC aims to deliver a safer, smarter way for Bitcoin holders to earn on their investments. Product Overview

$yBTC is the lowest risk, highest-yielding yield vault token (YVT) for Bitcoin. $yBTC generates returns through diversified market-neutral arbitrage strategies, and such strategies are upgradeable and can expand to DeFi strategies more broadly to optimize yields and minimize losses. $yBTC allows BTC holders to go long, monetize their Bitcoin, and never* lose their principal in BTC.

Smartcoin
Description
Value proposition

BTC-denominated, principal-protected yield-bearing Bitcoin.

  • Principal protected

  • BTC-collateralized

  • Yield derived from multiple strategies in parallel, including CEX funding fee arbitrage & covered call strategies.

Bitcoin That Gets You More Bitcoin.

$yBTC is what’s known as a Smartcoin—an ERC20 token with two key components: collateral and automated trading strategies. In $yBTC’s case, the collateral is Bitcoin, and the trading strategies are similar to those used by hedge funds to manage and grow assets. By combining these two features, $yBTC can generate yield for holders while offering protections that typical crypto investments may lack.

Smartcoins like $yBTC share some similarities with liquid staking tokens, which are often ERC20 tokens as well, wrapped around staked assets on various networks. However, Smartcoins are designed to wrap collateral in an active trading strategy rather than a staking position. This allows for a more dynamic, risk-managed approach that aims not only to generate yield but also to help protect the investor’s principal.

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How Does $yBTC Work?

$yBTC offers several unique features that make it stand out in the crypto space:

  • Dual Bitcoin Compatibility: $yBTC supports two forms of Bitcoin collateral—wrapped Bitcoin (wBTC) and traditional Bitcoin (BTC). This provides investors with flexibility in how they wish to participate in the protocol, and importantly, any yield generated is returned in Bitcoin rather than a different token.

  • Principal Protection: One of $yBTC’s most notable features is its commitment to principal protection. For example, if an investor deposits two Bitcoins into $yBTC, they’ll receive around two $yBTC tokens back. They are always able to redeem their original two Bitcoins (minus minor management fees) regardless of market conditions. This offers a level of stability and security uncommon in most crypto investments.

  • Yield Generation: The strategies within $yBTC aim to generate yield over time, allowing holders to earn returns on their Bitcoin while reducing exposure to downside risk. The yield generated is always delivered in Bitcoin, enhancing the value of the returns for those who hold Bitcoin as a long-term investment.

Security and Compliance

Security and regulatory compliance are top priorities for $yBTC. To ensure reliability, $yBTC has undergone from leading security firms, including Quantstamp, Hacken, and CyberScope. Additionally, $yBTC is structured with compliance in mind, meeting regulatory standards in the United States and abroad. This commitment to transparency and protection helps assure users that their investment is well-managed and legally safeguarded in an increasingly regulated crypto environment.

Get more information on $yBTC

    • compliance-related information

    • backtest results

    • Incentive Programs & BTC Loans

Monetize your Bitcoin

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https://umoja.xyz/smartcoins
extensive audits
Umoja´s Smartcoin Data Room
$yBTC Prospectus document
LP Benefits One Pager
$yBTC Overview Deck
https://umoja.xyz/smartcoins