# Unitas Overview

### **1. General Overview**

Unitas is a yield infrastructure protocol for onchain finance built on a basket of delta-neutral strategies.

Capital is deployed across multiple market-neutral positions that generate yield from trading activity, funding rates and protocol fees while taking no directional exposure.

Strategies operate across different assets and integrations, with execution designed to capture revenue while managing price exposure.

| Metric            | Value                     | Notes                                    |
| ----------------- | ------------------------- | ---------------------------------------- |
| Core yield engine | Basket of strategies      | Market-neutral, no directional exposure  |
| Stablecoin        | **USDu** (soft-peg 1 USD) | Overcollateralized                       |
| Savings token     | **sUSDu**                 | Auto-compounds yield, increases in value |
| Launch chain      | Solana, BSC               | EVM expansion planned                    |

{% hint style="warning" %}
Security Notice: Please ensure that you interact only with the official smart contracts and receipt tokens listed below.
{% endhint %}

<table><thead><tr><th width="88.7421875">Token</th><th width="92.27734375">Chain</th><th width="475.99609375">Address</th><th width="111.27734375">Explorer</th></tr></thead><tbody><tr><td><strong>USDu</strong></td><td>Solana</td><td>9ckR7pPPvyPadACDTzLwK2ZAEeUJ3qGSnzPs8bVaHrSy</td><td><a href="https://solscan.io/token/9ckR7pPPvyPadACDTzLwK2ZAEeUJ3qGSnzPs8bVaHrSy">Link</a></td></tr><tr><td><strong>sUSDu</strong></td><td>Solana</td><td>9iq5Q33RSiz1WcupHAQKbHBZkpn92UxBG2HfPWAZhMCa</td><td><a href="https://solscan.io/token/9iq5Q33RSiz1WcupHAQKbHBZkpn92UxBG2HfPWAZhMCa">Link</a></td></tr><tr><td><strong>USDu</strong></td><td>BSC</td><td>0xea953ea6634d55dac6697c436b1e81a679db5882</td><td><a href="https://bscscan.com/token/0xeA953eA6634d55dAC6697C436B1e81A679Db5882">Link</a></td></tr><tr><td><strong>sUSDu</strong></td><td>BSC</td><td>0x385c279445581a186a4182a5503094ebb652ec71</td><td><a href="https://bscscan.com/token/0x385C279445581a186a4182a5503094eBb652EC71">Link</a></td></tr></tbody></table>

***

### **2. Yield Sources**

Unitas generates yield from a combination of delta-neutral strategies executed across supported markets.

Revenue is derived from:

* Trading fees from liquidity provisioning
* Trader PnL transferred to liquidity providers
* Funding rate payments from perpetual markets
* Protocol fees from minting, redemption and liquidation

Each strategy contributes to total protocol revenue, which is aggregated and redistributed.

***

### **3. Delta-Neutral Strategy Execution**

Unitas deploys collateral into spot holdings and offsets price exposure using derivatives.

General position construction:

Collateral asset acquired

* short perpetual positions sized to match exposure\
  ⇒ minimal delta exposure + yield from fees and funding

Execution is continuous, with rebalancing based on market conditions and exposure changes.

Result:

* Yield sourced from trading activity and funding
* Removed exposure to asset price movements
* Capacity linked to underlying market liquidity and demand

***

### 4. sUSDu: Yield-bearing Savings Token

Staking USDu mints **sUSDu**. Its exchange rate rises as the protocol redistributes:

* JLP fee carry
* Funding rate premiums from the short leg of the trade
* Protocol fees (mint/redeem/liquidation)
* Other market-neutral strategies

Historical APR in stable conditions: **8 – 15 %** (USD-denominated).

***

### 5. User Flow

<table><thead><tr><th>Action</th><th width="286.08984375">On-chain steps</th><th>Fee</th></tr></thead><tbody><tr><td>Mint USDu</td><td>Collateral → USDu, perp short opens</td><td>0 %</td></tr><tr><td>Stake to sUSDu</td><td>USDu deposited into a staking contract, sUSDu minted</td><td>0 %</td></tr><tr><td>Unstake</td><td>sUSDu burned → corresponding USDu enters a 7-day cooldown pool</td><td>0 %</td></tr><tr><td>Withdraw</td><td>Withdraw from cooldown pool</td><td>0 %, after initiating the cooldown, your USDu becomes withdrawable once the 7-day period has passed.</td></tr><tr><td>Redeem collateral</td><td>USDu burned, perps positions closed → collateral redeemed</td><td>0 %</td></tr></tbody></table>

***

### 6. Risk Management

| Risk              | Mitigation                                                      |
| ----------------- | --------------------------------------------------------------- |
| Price moves       | Hourly re-hedged perp shorts                                    |
| Trader PnL spikes | 10% of fees to Insurance Fund + circuit breaker                 |
| Venue failure     | Per-exchange hedge caps + OES (off-exchange settlement) custody |
| Smart contract    | Multiple audits + Immunefi bounty                               |
| Regulatory        | Optional KYC gating, DAO-controlled lists                       |

***

### 7. Governance & Fee Split

* **Guardian Council (5/9 multisig)** – emergency powers.
* **Unipay DAO** – fee schedule, collateral onboarding.

Revenue flow:

* 80% → sUSDu holders
* 10% → Insurance Fund
* 10% → Treasury / buy-backs

***

### 8. Roadmap

| Milestone                          | ETA     | Status    |
| ---------------------------------- | ------- | --------- |
| USDu v1 (Solana)                   | Q3 2025 | Live      |
| Cross-chain USDu (LayerZero)       | Q4 2025 | Design    |
| Unipay Card (USDu spend)           | Q1 2026 | Prototype |
| Permissionless collateral adapters | 2026    | Research  |

***

### 9. Disclaimers

USDu **is not** a bank deposit nor government-insured. Holding USDu/sUSDu entails smart contract, counterparty, and market risks, including peg deviation or negative yield if perp volume collapses. \
Review the [Terms of Service](https://docs.unitas.so/resources/terms-of-service) before use.

***

### 10. Links

* Website: <https://unitas.so/>
* App: [https://app.unitas.so](https://app.unitas.so/buy)
* Docs: <https://docs.unitas.so/>
* GitHub: <https://github.com/Unipayfi>
* Email: <legal@unipay.fi>

***