Unifi, a solution provider for Web3 applications, today announced the launch of its newest blockchain product – DARBi, a decentralized arbitrage solution for private institutional participation in DeFi.
DARBi offers DeFi players a sustainable and market-neutral strategy for reliable and predictable return while reducing the risk of asset loss due to market volatility.
The risk management smart contract solution provides maximum security to take advantage of arbitrage opportunities to protect against market exposure.
Using DARBi’s proprietary arbitrage technology, Unifi is upgrading its multi-chain ecosystem to run on a fully decentralized and over-collateralized reserve token ($UP) that can sustainably generate a passive return for participants.
The launch of DARBi follows an unpackaged cross-chain bridging solution released by Unifi in April.
Major product launches such as DARBi are approved by holders of $UNFI, the governance token of the Unifi protocol ecosystem.
“DARBi is an important part of Unifi’s strategy to safely and sustainably worsen UP’s collateral value by better managing collateral with automatic market-neutral strategies. For the benefit of all UP holders, Darbi will unlock secure on-chain growth fully managed through smart contract automation using our existing architecture.
– Juliun Brabon, CEO of Unifi Protocol
How it works
DARBi Pro is a tailor-made DeFi solution. Each client funds their own private DARBi liquidity pools with control over arbitrage trades against other public pools.
Strategic exposure to price fluctuations in the cryptocurrency market allows DARBi to maximize capital efficiency for the Unifi protocol, with users retaining custody of their funds at all times.
Clients can further optimize results with DARBi Pro by customizing how they realize their returns and using advanced features such as automated return compounding and unique auto-leverage strategies.
DARBi Pro successfully completed its first real-world deployment by a major investment firm in the second quarter of 2022, performing amid a market downturn.