Anubi Digital Introduces DUO: The New Crypto Service Taking Profitability and Transparency to a New Level

  • Cryptocurrencies
  • 11.10.2022 11:00 am

With a completely redesigned and enhanced platform, Anubi Digital unveils DUO, a unique service that allows its customers to deploy digital assets in pairs to Uniswap’s liquidity pools and earn a sustainable stream of crypto reward over time.

Of all the opportunities present in DeFi, providing liquidity to decentralised exchanges such as Uniswap is the most transparent and economically viable: rewards are derived directly from the fees generated on-chain by the exchanges themselves, with no exposure to centralized counterparties or to leverage.

Providing liquidity, however, is a highly complex activity. This is why Anubi Digital has created DUO, the new service accessible directly from Euro that makes liquidity provision easily available to everyone.

Diego D'Aquilio, CEO of Anubi Digital, comments: "DUO is our answer to a specific demand for solutions that allow digital assets to work in a transparent, diversified and profitable way. DUO was conceived with a long-term vision based on our strong belief that efficiency and transparency are fundamental pillars for this industry to growth. Shaping this growth is part of Anubi Digital's mission”.

The flexibility of being able to enter and exit DUO with any digital asset - or directly from Euros - and the complete automation of the deposit, withdrawal and fee collection process make DUO unique in the crypto landscape.

How it works

  • Clients can choose between four different DUOs: BTC/ETH, ETH/USDC, BTC/USDC, USDC/USDT: crypto prime assets with substantial liquidity.
  • DUO can also be purchased without owning the constituent asset pair: simply select a starting asset - Euro or your own crypto in custody on the Anubi Digital platform - and it will be directly converted into the desired amount of DUO.
  • Anubi Digital takes care of the entire technical process of converting and depositing into Uniswap's liquidity pools, for maximum simplicity and ease of use.
  • Similarly, Anubi Digital collects the fees produced by Uniswap on a monthly basis so that each user can choose to automatically re-add them to their position (auto-compounding), gradually increasing their amount of DUO over time.

Thanks to the uniqueness of its features, DUO is:

  • Sustainable over time, as remuneration is based on the continuous flow of fees paid to Uniswap for its service
  • Liquid, because it allows participants to withdraw their assets with ease
  • Collateralized, as the inserted liquidity never leaves the exchange's smart contract - unlike the undercollateralized uses prevalent in the crypto world today
  • Unleveraged, and therefore not exposed to liquidation events
  • Technically secure, as it is based on the AMM (Automated Market Making) paradigm, which is now fully understood and is based on simple and transparent smart contracts.

These key attributes are even more important in light of the events that have impacted the crypto industry in recent months, highlighting the risks of illiquid, undercollateralized models with high levels of leverage and debt. In this context, Liquidity Provision proved resilient despite the market volatility and continued to operate as expected.

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