What exactly is the Zunami Protocol?
The Zunami Protocol is your ticket to a new era of financial possibilities. For stablecoin deposits, the cryptocurrency industry still lacks a reliable and simple solution. The platform, which was created by visionaries of alternative banking solutions, is filling this gap by introducing the first decentralized income aggregator, which creates revenues previously inconceivable in traditional finance.
Features
I. A straightforward user interface (UX/UI)
The present user interfaces are difficult to comprehend for an inexperienced user.
This is especially true for apps that use many pools. Zunami has a simple interface with a limited number of features and a high level of automation for the user's normal operations. Our app is a robust boat in the storm of currently confusing DeFi interfaces for a user caught off surprise. Simply deposit funds, and Zunami will take care of the rest.
II. Mechanism for Streamlining Transactions (TSM)
High commissions are, without a doubt, a major issue for the Ethereum network. Without addressing these critical inefficiencies, DeFi will be unable to flourish and thrive in the future. When a transaction involves deposits in multiple smart contracts in a sequence, the commission for its execution exceeds all practical limits. People with minor deposits are now barred from entering the yield-farming arena, thereby cutting them off from this lucrative global banking game. However, the Zunami Protocol team has devised a solution.
To address this problem, we developed a multi-layer smart contract known as the Transaction Streamlining Mechanism (TSM). What is the mechanism behind it? The delegateDeposit () function is used to deposit monies into the first smart contract. The completeDeposit () function will then be executed at least once a day, launching the system of automated sending to the pools and allocating user cash to strategies.
It's crucial to understand that the cost of this complicated transaction will not be significantly greater than a standard transfer. Following that, cash from various users are accumulated. Then, at least once a day, the automatic sending to the pools method will be activated. At this stage, users do not have to pay anything. The transaction accumulator allows you to save up to 6 times on transaction fees!
III. Revenue Aggregator Decentralized
In stablecoin pools, the return rates are quite erratic. Today, one of the pools has the highest APY / APR on the market, but a week later, it is already a loser. Finding the finest pools and shifting assets from one pool to another is costly and time-consuming, making it unsuitable for earning passive income.
To compute APR and choose the most profitable pool when depositing funds, the Zunami Protocol utilizes the formula RewardsPerBlock * RewardsPrice * RewardRatePerBlock * AvgYearEthBlocksAmount / TVLinConvex * 100 percent >. When a user wants to withdraw money, the least lucrative pool is determined and monies are taken from it. When funds become stagnant in a losing strategy, the manual rebalancing procedure defined in the moveFunds () and moveFundsBatch () functions is employed. The funds from the least profitable strategy are moved to the most profitable pool. In the event of a force majeure emergency, there is also a means for withdrawing funds ().
IV. Auto-compounding and strategies
The DeFi ecosystem continues to grow in complexity. Curve Protocol is one of the best stablecoin farming systems available today. However, it is no longer sufficient to make a deposit just to Curve to obtain the highest income; yield boosters (Yearn, Convex) have hit the market. The user must first make a Curve deposit before transferring LP tokens to Yearn or Convex. The Zunami protocol has developed a number of techniques and automated this procedure into a single transaction, making users' lives easier. Users are rewarded with tokens as a kind of payment.