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Multi-Collateral Vision

· 3 min read
Taurus
Taurus
DeUnity

Collateral

Expanding Collateral Options to Enhance Capital Efficiency​

DeUnity-DePerp - potential collateral vaults to provide traders with the opportunity to trade against 60+ assets in long and short positions, unlocking broader global trading capabilities and increasing capital efficiency.

USDY: Tokenized Note​

  • Overview: A tokenized note backed by short-term US Treasuries and bank demand deposits, USDY provides investors with a secure interest in underlying assets.
  • Key Features:
    1. Asset Security: Holders benefit from a security interest in the backing assets.
    2. Token Creation: New USDY tokens can be generated through subscription.
    3. Redemption Facility: Investors can redeem tokens for principal and accrued yield.
    4. Secondary Market Trading: Tokens are tradable in secondary markets and compatible with various DeFi platforms. https://ondo.finance/usdy

FDUSD: Hong Kong's First 1:1 USD-Backed Stablecoin​

  • Overview: FDUSD, the pioneering 1:1 USD-backed stablecoin in Hong Kong, is fully collateralized by cash and cash equivalents, offering seamless redemption for U.S. dollars.
  • Key Features:
    1. Direct Redemption: Tokens can be redeemed at a 1:1 ratio for U.S. dollars.
    2. Asset Security: Assets are securely held in segregated structures, ensuring robustness in the face of bankruptcy.
    3. Technological Sophistication: Leveraging advanced technology for stability and reliability.
    4. Positive Impact: Contributing to a secure financial landscape with its stability and reliability.
    https://firstdigitallabs.com/

Enhancing Market Liquidity with LRT and LST Tokens​

Purpose: LRT and LST tokens are instrumental in bolstering market liquidity, empowering users to optimize their asset utilization efficiently.

CBETH: Secure and Streamlined ETH Staking​

  • Overview: CBETH offers a secure and streamlined Ethereum staking experience through Coinbase.
  • Key Features:
    • User-Friendly Conversion: Seamlessly convert staked ETH into cbETH with no fees and hassle-free processes.
    • Staking Rewards: Earn Ethereum staking rewards without any lockups, with access to various DeFi applications for additional earnings potential.

https://www.coinbase.com/cbeth

Unlocking Liquid Restaking Potential with pufETH​

  • Overview: pufETH, a native liquid restaking protocol on Eigenlayer, unlocks new horizons in restaking capabilities.
  • Key Features:
    • Permissionless Validation: Open to all for validation purposes, fostering inclusivity and decentralization.
    • Native Restaking: pufETH pioneers native restaking functionality on Eigenlayer, setting new standards in restaking protocols.
    • Ethos Alignment: Self-capped to safeguard the Ethereum network, prioritizing its sustainability and security.

https://www.puffer.fi/

Automating Restaking with eETH​

  • Overview: eETH, the Liquid Restaking Token by ether.fi, automates ETH staking within EigenLayer, offering enhanced convenience and efficiency.
  • Key Features:
    • Liquid Restaking: Users can stake ETH and automate restaking within EigenLayer for seamless rewards accumulation.
    • weETH Integration: Access wrapped non-rebasing weETH for DeFi ecosystem participation, expanding utility and flexibility.
    • Operational Excellence: ether.fi operates Operation Solo Staker, bolstering Ethereum's decentralization by deploying nodes across diverse geographical regions. https://www.ether.fi/

DeUnity-DePerp allows for the creation of isolated insurance vaults and customization of available markets opened against this asset, enabling traders to use collateral according to their preferences. Thus, expanding collateral possibilities can enhance capital efficiency for both traders and insurance vault owners.