News

Launching Unagii Vaults

DeFi yields on auto-pilot. What it is and who it is for.

When you've spiralled down the DeFi rabbit hole deep enough, you'll soon amass hours chasing alpha yields making hundreds of transactions a month. As personal power users of DeFi, the team and I found that constantly searching and optimizing towards the market's highest risk-adjusted yields a truly painstaking process. A process that has personally taken away many hours of valuable sleep.

Simple set and forget experience

We find it hard to imagine the average digital asset owner having to keep up with the bleeding edge changes and new launches in crypto, and much less in DeFi. Further research and chats with friends made us realize a market to be bridged in connecting users who want to invest in DeFi but face many complex UX hurdles. Our Vaults was built to solve that by simplifying the investing and optimization process, much like how TradFi robo-advisors within fintech work.

So we hunt for the best strategies in DeFi (so you don't have to) for optimized yields and maximum earnings.

Our Vaults will autonomously invest your assets and harvest on the highest-performing strategy in the bank. As we launch new yield strategies along the way, the Vaults will re-optimize to the highest-yielding ones (at a given period) for the most efficient gains. All on autopilot with none of the hassles.

The only thing users are required to do is to deposit their assets into our Vaults and let Unagii handle the rest.

Lowest Fees and Gas Costs

We found that most existing robo-advisors for DeFi yield products alienate the average retail yield seeker with high-management and withdrawal fees on top of a high-performance fee. This is in addition to exorbitant gas fees during peak congestion on the Ethereum network.

So we chose to go with a simple model for our users:

  1. Zero withdrawal fees
  2. Zero management fees
  3. And the lowest 10% performance fees in the market to cover gas costs

Vaults Categories

Given that there's a diverse range of risk profiles across digital asset owners in crypto, we wanted to reduce decision fatigue from plaguing users with a long list of non-differential technical vault names, with simple identifying categories. Hence, we have categorized our Vaults into Stash and Growth.

Stash Vaults

As the name implies, you can think of Vaults in Stash as a safer place to stash Stablecoins like USDC, USDT, DAI that you own into our Vaults to earn the highest yields powered by automated market makers (AMMs) like Curve Finance across stable yielding pools.

Our fully audited non-custodial smart contract allows users to deposit and withdraw as you please, while our Vaults auto-harvest liquidity rewards and compound your deposits via the most optimized paths.

Risks here have been abstracted down to Stablecoin issuer risk, Curve Finance (plus any lending platform like Aave or Compound when applied in strategy), and Unagii Vaults risks.

Growth Vaults

Because DeFi is not without the presence of experimental and speculative projects, Vaults in Growth is where we deploy higher alpha strategies that come with greater risks but higher potential returns. Vaults here are catered to users with bigger risk appetites and power users who now seek high-yields without wanting the hassles of doing the work themselves.

We hope you can make Unagii your default yield platform where you can go to grow your digital asset portfolio across different stablecoins and crypto assets.

To learn more about how the Vaults work, read about it in the Into the Vaults post ->

about the author
Mervyn Chng

Co-Founder & CEO

News
2
min read
by
Mervyn Chng

Launching Unagii Vaults

January 27, 2021
SCROLL DOWN

When you've spiralled down the DeFi rabbit hole deep enough, you'll soon amass hours chasing alpha yields making hundreds of transactions a month. As personal power users of DeFi, the team and I found that constantly searching and optimizing towards the market's highest risk-adjusted yields a truly painstaking process. A process that has personally taken away many hours of valuable sleep.

Simple set and forget experience

We find it hard to imagine the average digital asset owner having to keep up with the bleeding edge changes and new launches in crypto, and much less in DeFi. Further research and chats with friends made us realize a market to be bridged in connecting users who want to invest in DeFi but face many complex UX hurdles. Our Vaults was built to solve that by simplifying the investing and optimization process, much like how TradFi robo-advisors within fintech work.

So we hunt for the best strategies in DeFi (so you don't have to) for optimized yields and maximum earnings.

Our Vaults will autonomously invest your assets and harvest on the highest-performing strategy in the bank. As we launch new yield strategies along the way, the Vaults will re-optimize to the highest-yielding ones (at a given period) for the most efficient gains. All on autopilot with none of the hassles.

The only thing users are required to do is to deposit their assets into our Vaults and let Unagii handle the rest.

Lowest Fees and Gas Costs

We found that most existing robo-advisors for DeFi yield products alienate the average retail yield seeker with high-management and withdrawal fees on top of a high-performance fee. This is in addition to exorbitant gas fees during peak congestion on the Ethereum network.

So we chose to go with a simple model for our users:

  1. Zero withdrawal fees
  2. Zero management fees
  3. And the lowest 10% performance fees in the market to cover gas costs

Vaults Categories

Given that there's a diverse range of risk profiles across digital asset owners in crypto, we wanted to reduce decision fatigue from plaguing users with a long list of non-differential technical vault names, with simple identifying categories. Hence, we have categorized our Vaults into Stash and Growth.

Stash Vaults

As the name implies, you can think of Vaults in Stash as a safer place to stash Stablecoins like USDC, USDT, DAI that you own into our Vaults to earn the highest yields powered by automated market makers (AMMs) like Curve Finance across stable yielding pools.

Our fully audited non-custodial smart contract allows users to deposit and withdraw as you please, while our Vaults auto-harvest liquidity rewards and compound your deposits via the most optimized paths.

Risks here have been abstracted down to Stablecoin issuer risk, Curve Finance (plus any lending platform like Aave or Compound when applied in strategy), and Unagii Vaults risks.

Growth Vaults

Because DeFi is not without the presence of experimental and speculative projects, Vaults in Growth is where we deploy higher alpha strategies that come with greater risks but higher potential returns. Vaults here are catered to users with bigger risk appetites and power users who now seek high-yields without wanting the hassles of doing the work themselves.

We hope you can make Unagii your default yield platform where you can go to grow your digital asset portfolio across different stablecoins and crypto assets.

To learn more about how the Vaults work, read about it in the Into the Vaults post ->

AUTHORED BY
Mervyn Chng

Co-Founder & CEO