An automated approach to retail investing

Umoja is an asset management protocol that aims to break down the barriers that prevent retail investors from accessing the highest level investment opportunities typically available to institutional investors. by Automate complex financial strategiesUmoja allows anyone to engage in advanced wealth management without requiring extensive financial knowledge.

What is a synthesizer?

Umoja’s core products are synthesizerthis is Tokenized Asset Management Strategy This also serves as the basis for smart coin creation. Synth is a proprietary trading algorithm that essentially replicates the performance of traditional financial instruments such as options. The synthesizer Backed by user collateralThis means that investors are only affected by the performance of the Synths they leverage based on the collateral they provide.

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Umoja offers two types of synthesizers: Synthesizer Options and Yield Synthesizers.

Yield Synthesizer, also known as yield-generating synthetic dollars, are designed to provide dollar-denominated principal protection returns in all market conditions. They always aim to return the USD value of your initial investment, regardless of market volatility. Yield Synths offer a competitive advantage over traditional synthetic stablecoins. Guaranteed principal protection and profit generationThis makes it an attractive choice for risk-averse investors seeking consistent returns.

all Synth OptionOn the other hand, it is an algorithm that mimics the economic behavior of traditional cryptocurrency options. This is achieved by continuously adjusting the positions of the token portfolio and perpetual contracts in response to market movements. Umoja’s Synthesizer Options Allows automation of cryptocurrency trading. 10x leverage and no liquidation risk.

There are two types of synth options offered by Umoja. Synth Put Option and Synth Call Option. Synth Put options allow investors to hedge against potential losses by betting on a future decline in the price of an asset. Synth call options, on the other hand, allow investors to take a leveraged position against future asset price increases.

How to use Synth Put and Call?

Synths can be used directly through Umoja’s dApp. Investors can choose from a variety of Synth strategies depending on their market outlook and risk tolerance. here Step-by-step guide on how to use Synth Put and Call options:

1. Select the Synth option type (Put or Call). It’s at the top of the Synth creation form.
2. Choose a Token Enter the amount you want to protect or bet from the list and enter the amount you want to spend.
3. Please select a period For Synth Put or Call. The end date is the date your Synth expires, specifically 11:59:59 PM on the date you select.
4. Select promotion priceThis is the price at which protection begins (In case of Synth Put) or a price higher than the price at which Synth is activated (In case of Synth Call). If you do so, you will be notified about collateral maintenance (If you need more information, click “Learn More”).
5. Click “Details” review the synthesizer This is the total down payment amount being created and the total down payment amount. Then click “Connect Wallet” or “Deploy Synth” to proceed (If you have already connected your wallet).
6. Click “Check Composite” pay transaction costs. Once approved in your cryptocurrency wallet, you will be redirected to the Synth details page in your dashboard.

You can find a visual tutorial on how to use the Synth Put and Call options on the Umoja website.

What is a smart coin?

Now, another product from Umoja that I mentioned earlier is SmartCoin. Self-trading digital assets built using Synths. They are designed to autonomously trade underlying values, making them a new type of asset. smart assets.

The process of creating a smartcoin involves two main components: Fundamental Assets and Synth Strategies. The underlying assets provide unique value, while the Synth strategy manages trading behavior.

This combination allows smartcoins to independently maintain and optimize their value, providing users with a hands-off investment approach. Some of the smartcoins available on Umoja are: yBTC, USDb, bstETH and bstBTC.

UMJA Token

The last important part of the Umoja ecosystem is UMJA Token, has not been released yet. However, the UMJA Token Generation Event (TGE) is planned for: August 2024. The maximum supply of UMJA is 1 billion tokensA significant portion of that amount is allocated to public airdrops and staking rewards.

UMJA will serve a number of purposes, including: Governance, protocol fee discount, insurance.

By staking UMJA tokens, users can participate in protocol governance. Influences important decisions and developments. But in addition to governance functions, Tokens staked in the governance pool also provide additional revenue rewards.

Additionally, holding UMJA tokens allows users to receive discounts on protocol fees. Overall cost savings. The token also acts as a safeguard by staking USDC in an insurance pool. Protects protocols from unexpected events.. However, staking tokens is insurance pool Not only does it help protect the protocol from undercapitalization, but it also earns you rewards.

It is also worth noting that Umoja plans to implement a system that will partially leverage fees collected from Synth usage and asset issuance. Buy back UMJA tokens on decentralized exchangesSupports the value of tokens.

Overall, Umoja seeks to revolutionize wealth management by making sophisticated financial strategies accessible to retail investors. Using Synths, smartcoins and UMJA tokens, Umoja offers a unique combination of: Automated risk management and yield optimization.