Unreal Finance

Unreal Finance

UGT

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Price

$ 0.002593

Total Raised

$ 3.16M

General Info

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Description:

Unreal Finance allows anyone to tokenize their future yield via a smart contract. Read More

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Unreal Finance (UGT) Chart

Latest Token Sale

(2)
IDO
23 Aug 2021 -
23 Aug 2021
Raised$ 300.00K
Platform:
CardStarter
Price:
$ 0.12012
Tokens for Sale:
2.50M

Latest Funding Round

(2)
Private
7 Aug 2021 -
13 Aug 2021
Raised$ 60.00K
Platform:
BullPerks
Price:
$ 0.094967
Tokens for Sale:
631.58K
Vesting:
Token Distribution 24 Aug, 2021.

About

Unreal Finance allows anyone to tokenize their future yield via a smart contract. With tokenized yield a lender can earn lock-in their interest rate (earn fixed interest), speculate & trade interest rate in different protocols, make use of instant arbitrage opportunities created by different protocols or just sell the token to earn instant interest.There is no way in the market to speculate on yield currentlyRetail wont use variable rate loans; fixed rate loans is the next step in lendingOur new 3 token model allows us to separate yield from principal and trade both of the separatelyThere are tons of use cases like: acquiring a fixed interest rate, yield arbitrage and so onUsers will be able to get fixed interest rate loans instantly and traders will be able to speculate on interest rate!Creating a new Defi yield primitivePotential TVL is around 20 billion dollars; all lending protocols and farms can be integratedThe future is exciting! We are building on L2, going multichain and building an AMM for depreciating assets like options, bonds and UTokensHow It WorksTo allow owners to set a fixed interest rate on their yield for a fixed period of time, users will deposit their yield token (cUSDC, aDAI etc) into the Unreal Smart Contract. Two tokens will be issued: UToken and UOS.UTokenUToken is a synthetic token minted by the protocol. UToken represents the future yield that will be generated. For example, a cUSDC-UToken represents the future yield generated by our capital inside Compound’s USDC lending pool. A UToken is just an ERC20 token and there are various ways to trade this synthetic token on Ethereum.UOSUOS is the Ownership Token for Unreal Finance. A user gets UOS tokens equivalent to the amount of underlying asset deposited. For example, 100 cUSDC deposited on Unreal Finance will generate 100 cUSDC-UOS tokens. The user can redeem the entire UOS for an equivalent amount of underlying from the contract when he wants to exit.User JourneyUsers mints UToken and UOS through Unreal Finance by depositing yield tokens. UOS represents ownership of the underlying yield token, and UToken represents the future yield of the underlying yield token.The Minter can sell the UToken via any popular AMMs or can add liquidity to the UToken pair.UTokens act like a regular ERC20 token — that is, it can be purchased or sold. After the change of ownership has occurred, the entitlement of subsequent interest revenue tied to the underlying yield token will be changed to the new UToken owner.The UToken and UOS token can be easily converted to the underlying asset.Use CasesFixed Interest RateThe interest rate on current lending protocols fluctuate regularly. But suppose Alice wants to earn a fixed interest rate, she can use Unreal Finance. Alice deposits her interest-bearing tokens to Unreal Finance and mints UToken and UOS token. Alice can instantly sell the UToken at the exact yield she requires.Yield ArbitrageUnreal Finance provides arbitrageurs more opportunities to generate profit with minimal risk. Arbitrageurs can now arbitrage between different yield sources like Aave stable rate, a new yield farm and Unreal Finance and make profits while making the market more stable.Capital Efficient Yield ExposureCurrently to obtain yield exposure you need to deploy capital that will generate the yield. For example if you think LINK lending rates will increase you have to deposit and lock LINK to get the yield benefits.But using Unreal Finance, if a trader holds the view that lending rates on LINK will continue to increase, he can simply buy UToken tokens from the market as UTokens are synthetic yield tokens and track the yield itself.For example, assuming the yield of USDC on Compound is at 12% pa, the trader needs to deposit and lock 100 USDC for an year to earn 12 USDC. If the trader thinks that in future the interest rate on Compound will increase, the trader can simply purchase UToken instead of locking the funds. This method is much more capital efficient way to gain yield exposure.Build On Unreal FinanceUnreal Finance brings a new DeFi primitive into the market that allows people to speculate on capital yield; it can allow creation of several new products like Interest Rate Swaps, Spread Trading, Yield Protection products and so much more! We are excited to see what our community builds on top of Unreal Finance

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