The partnership with Enzyme Finance marks the next step in increasing the yield for the capital providers and the growth of the protocol (https://link.medium.com/3GakQqq7Qfb).
Using Enzyme Finance enables Unslashed to do the following:
Offer higher yields to Capital Suppliers, on top of the Capital Mining rewards and the premiums earned in ETH. Investing the collateral could allow a substantial increase in yield in a sustainable fashion, which helps us grow the capital and increase the amount of coverage we can provide.
Empowers Unslashed by enabling them to Go-to-market with a secure and sophisticated product in a fraction of the time. By outsourcing the asset management layer, the Unslashed developers can focus on the core products. Using Enzyme Finance allows us to focus on growth and market share without the burden of running an asset management layer and its maintenance /security considerations.
The trustless bridge to move the asset between Unslashed and Enzyme has already been build and audited by Chainsecurity.
All that is left is for the DAO to vote on this proposal.
Before we move to an official vote please fill in the poll and let us know what you think of the proposal.
Should we use Enzyme Finance for asset management?