Unitus launches RWA markets with a brand-new USDC and DigiFT’s GMMF01 Strategy!
We are thrilled to announce that Unitus is expanding its offerings by introducing a new category of markets dedicated to Real World Assets (RWA)!
As part of this exciting development, we are opening dedicated RWA markets for USDC as well as DigiFT’s GMMF01 to unlock capital efficiency.
This initiative marks a significant milestone in our mission to bridge traditional finance with decentralized finance, providing users with new exciting ways to unlock capital efficiency and access tools that were previously out of reach for many. Keep reading to learn more!
The rise of RWA and the benefits for Unitus Users
The Real World Asset (RWA) sector is the result of a groundbreaking convergence of traditional and decentralized finance, enabling the tokenization of assets such as real estate, bonds, equities, and much more.
The RWA innovation comes with an increased liquidity and fractional ownership for many traditional financial assets, providing 24/7 market access, and enhancing transparency and security while reducing costs by eliminating intermediaries.
By incorporating RWAs into our lending protocol, Unitus aims to offer several benefits to our users:
- Diversification: Users can diversify their portfolios by adopting tokenized traditional financial assets alongside cryptocurrencies.
- Stability: RWAs tend to exhibit lower volatility compared to some digital assets, potentially offering more stable yield.
- Accessibility: With this move, Unitus is democratizing access to traditional financial instruments.
- Liquidity boost: RWA integration will introduce new capital into Unitus, fueling the TVL growth and generate more revenue for both our users and the protocol.
- User base expansion: RWA integration not only brings fresh opportunities to existing investors focusing on stable, long-term investment opportunities rather than chasing quick gains, but also attracts new participants, enhancing the overall stability and growth potential of Unitus Finance.
- New collateral class: RWAs will diversify collateral portfolio and bolster the robustness for Unitus.
- Transparency: Every transaction and ownership detail of an RWA is recorded and openly verifiable.
Inaugurating the RWA Market with DigiFT’s GMMF01 as Collateral
DigiFT (DigiFT Tech (Singapore) Pte. Ltd.) provides regulated services for primary market origination and distribution as well as secondary market trading of asset-backed tokens. The assets backing these tokens include digital assets and RWA like bonds, equities, and units in collective investment schemes. DigiFT’s exchange provides liquidity through various channels, including the Automatic Market Maker (AMM) trading mechanism.
Their approach makes them a trusted partner for our expansion into the RWA sector, in particular with the opening of a new RWA market category where, starting from Thursday July 4th, users will be able to:
- Supply USDC.
Users supplying USDC can earn yield from borrowers as well as ARB incentives, as part of the dForce’s “Arbitrum Summer Vibes” campaign — more information on the exact distribution of the incentives will be published on our social media channels soon.
- Supply and enable as collateral GMMF01.
GMFF01 is DigiFT’s Global USD Money Market Fund Token, backed by DMMF01, which is issued by DigiFT Tech (Singapore) Pte. Ltd. It grants exposure to high quality short-term money market instruments and debt securities. The underlying fund unit is held in custody by an MAS-licensed custodian — click here for more info.
Users who complete KYC on DigiFT.io can deposit their GMMF01 and enable it as collateral to borrow from the USDC market, unlocking capital efficiency and looping strategies. This activity will also be rewarded as part of the “Arbitrum Summer Vibes” campaign.
Get Started
To start utilizing DigiFT’s GMMF01 as collateral on Unitus, simply visit unitus.finance, access our dApp, and navigate to the new RWA market category. Be reminded that precise infos on the distribution of $ARB to the RWA markets for the “Arbitrum Summer Vibes” campaign are unveiled on a weekly basis on our social media channels.
Looking Ahead
The introduction of the RWA market category is just the beginning. We are committed to continuously expanding our asset listings and enhancing our platform to meet the evolving needs of our users. Stay tuned for more updates as we bring additional RWAs and innovative features to Unitus.
Thank you for being part of the Unitus community. Together, we are pioneering the future of decentralized finance!