A Dollar-Referenced Digital Asset for Native On-Chain Yield
Unity is a digital synthetic dollar designed to simplify access to crypto-native yield. It functions as an interface between user collateral and a set of yield mechanisms.
How Unity Works
When a user mints UTY, their collateral interacts with a series of rules-based strategy modules, such as:
Delta-hedged derivatives constructions
On-chain lending markets
Liquidity provisioning mechanisms
Dollar-referenced structured yield vaults
Other risk-bounded, capital-efficient strategies
Modules operate automatically. Unity behaves as an on-chain digital asset defined by its protocol mechanics. UTY holders do not have ownership rights over specific underlying assets.