Universe Finance x TETU: The TETU-UNT pool is live

Published on: 05.03.2022

Universe Finance has established a partnership with TETU And they planned for this fantastic space trip for a long time and decided to work together to support liquidity mining on Polygon.

The new TETU-UNT pool on Tetu is now waiting to be explored. Universe strongly believes this joint liquidity mining is the beginning of a long-term partnership. Together, they aim to bring high and stable yields on your investments!

This partnership begins with an invitation to join the Polygon Alliance which aims to make Polygon the DeFi chain and help people benefit more from their crypto investment. Our community showed their support in the Polygon Alliance proposal and helped them open the gate for new opportunities.

Tetu is a skilled asset management protocol built on the Polygon network. We seized the opportunity to capitalize on their automated yield farming strategies in order to provide spacemen with a safe and secure method to boost returns. This powerful ally will undoubtedly make our first tokenomics practice a great one.

Building a platform that is more accessible and easy-to-use for ordinary users is always Universe’s priority. Tetu also shares this vision with them. The Zapping Function allows users to enjoy the efficiency of participating in a yield farming vault with just one transaction. This brilliant design is credited to the Tetu team which is made up of more than 6 experienced DeFi members who have already implemented many unique solutions. This easy-t0-use platform developed by the experienced team undoubtedly contributes to help push the mass adoption and awareness towards DeFi.

As a Web3 asset management protocol, Tetu is good at providing innovative yield management solutions. The Universe Finance community is aware of it and didn’t let go of this golden opportunity to launch liquidity mining on Tetu.

To help the community make good use of their $UNT, they launched a TETU-UNT liquidity mining pool on Tetu. Go to https://app.tetu.io/, click [LPs] and type [UNT] in the search window. The newly-launched TETU-UNT pool is waiting to be explored. This pool on Polygon is under the management of Tetu and will help generate lucrative incomes for depositors.

What rewards will I receive:

LPs will receive $UNT and xTETU after they added liquidity to the TETU-UNT pool.

$UNT – In terms of UNT, UNT is Universe Finance’s governance token that is tightly linked to our roadmap. We aim to use it to energize Universe Finance’s community and ecosystem, building a user-centered environment and a transparent platform.

$xTETU– In terms of xTETU, xTETU is the Interest Bearing TETU token that is earning income through TETU buybacks. Interest bearing mechanics provide users with income through the constant share price increase in TETU of the interest-bearing token, in this way the xTETU token will be worth more and more TETU over time.

The Polygon Alliance aims to clean the hurdle even for DeFi beginners and make our platforms more accessible to a wider audience. This valuable partnership with Tetu expands the development opportunities for both of their protocols. The new TETU-UNT pool offers a new chance to increase the usage of $UNT and $TETU. And it will also help bolster liquidity for $UNT and $TETU tokens to unlock more of their potential. Universe Finance is looking forward to forging a deeper connection with our friend and exploring more opportunities for both of our communities.

About Universe Finance

Universe Finance is an active liquidity management platform of Uniswap V3 based on risk ranking and quantitative strategies. Our mission is to maximise our users’ Uniswap V3 return. Universe Finance has provided a series of products and some proactive liquidity management tools to meet challenges such as increased risk, expensive gas fees, the timing and frequency of rebalancing and reinvestment.

Universe Finance | Documentation | Discord | Twitter | Medium

About Tetu

Tetu is a Web3 asset management protocol built on Polygon that implements automated yield farming strategies in order to provide investors with a safe and secure method of receiving high and stable yield on their investments. The Tetu core team brings together industry leaders from development, business development, hedge funds, and design to deliver a product to its investors where they can simplify their rewards harvesting activities across various farms, hundreds of vaults, and multiple chains.

Tetu | TetuSwap | Discord | Github | Twitter | Docs | Telegram Forum |YouTube

SOURCE: https://medium.com/@universe.finance/universe-finance-x-tetu-the-tetu-unt-pool-is-live-bd9eb62ccd5

 

Market Stats:
BTC Dominance: 54.62%(+0.31%/24h)
ETH Dominance: 15.37%(-0.04%/24h)
Defi Market Cap: $87.76B(-10.24%/24h)
Total Market Cap: $2385.86B(-1.75%/24h)
Total Trading Volume 24h: $52.5B(+5.22%/24h)
ETH Market Cap: $367.66B
Defi to ETH Ratio: 23.87%
Defi Dominance: 3.5%
Altcoin Market Cap: $1082.62B
Altcoin Volume 24h: $32.43B
Total Cryptocurrencies: 29760
Active Cryptocurrencies: 9962
Active Market Pairs: 82297
Active Exchanges: 765
Total Exchanges: 8555
BTC: 66248.71$(-0.18%/1H)
ETH: 3055.33$(-0.76%/1H)
AVAX: 35.25$(-0.82%/1H)
BNB: 571.45$(-0.3%/1H)
MATIC: 0.68$(-0.95%/1H)
FTM: 0.84$(-1.14%/1H)
ADA: 0.46$(-0.64%/1H)
DOT: 6.88$(-0.88%/1H)
UNI: 7.72$(0.68%/1H)
CAKE: 2.56$(-0.82%/1H)
SUSHI: 1.04$(-0.97%/1H)
ONE: 0.02$(-1.57%/1H)