Unitus Monthly Recap — June 2024

Unitus
2 min readJul 5, 2024

--

Dear Unitus Community,

Welcome to our Monthly Update series! June 2024 was an extraordinary month for Unitus, and we’re excited to share the highlights with you. So, let’s dive right in!

✨ Main events and announcements

  • Unitus V2 is live on Base! After a month of testnet, the new features of Unitus V2 are now live on the Base chain, with the deployment on the other chains coming soon! Visit https://v2.unitus.finance/ and enjoy our V2 now!
  • Incentives in $ARB are LIVE Unitus for the STIP-powered “Arbitrum Summer Vibes” campaign ran by dForce! Click here to learn more.
  • The LayerZero Foundation has airdropped $ZRO tokens to the Unitus Community! Check your eligibility here.

🗳 Governance

This proposal seeks to introduce RWA markets on Unitus, unlocking an immediate access for Unitus users to earn sustainable real yield backed by RWAs, starting from treasury bills, and may expand to a vast array of assets such as commodities, real estate, and so on. The proposal passed with 100% of votes in support.

This proposal seeks to onboard sUSX as a collateral-only asset into Unitus across all networks supported. By integrating sUSX into Unitus, Unitus can offer users dual benefits of earning staking yields from USX while utilizing USX as collateral to borrow other assets. The proposal passed with 100% of votes in support.

📊 Data Analysis

UTS and BLP

Here are some info on the current circulation of UTS as well as the total current liquidity staked as BLP.

Lending Protocol

As of July 1st, Unitus achieved a deposit value of $12.5 M, and a borrow value of $4.25 M. The cumulative deposit value equals to $4.286 B, while the accumulative deposit borrow is $2.22 B.

Please note that we could not fetch data from Conflux eChain, which is therefore excluded from the data analysis section of our report for the time being.

For a complete overview on Unitus’ data, check our Dune Analytics page: https://dune.com/unitusfinance/dashboard.

And that was all for now! Make sure to follow Unitus not to miss out the upcoming announcements and updates!

Website | X | Telegram | Discord | Forum

--

--

Unitus
Unitus

Written by Unitus

The Next-Generation Multi-Chain Money Market

No responses yet