gaut pfp
gaut
@gaut
We're excited to announce the launch of Universal Mainnet Beta, first on @base. Universal enables exposure to assets previously not available on @base (think SOL, DOGE, and BTC), with CEX-like performance and price execution. Read on to get access today ↓
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gaut pfp
gaut
@gaut
Universal creates wrapped versions of assets like SOL/DOGE/BTC called uSOL, uDOGE, and uBTC. When you place a trade, these assets are minted/redeemed on-demand by a network of merchants (i.e. market makers). TLDR; you send USDC, and receive uSOL at CEX-like pricing. Vice versa.
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Gramajo👽 pfp
Gramajo👽
@gramajo.eth
great idea, would love to see TON
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Merlin Egalite
@merlinegalite
welcome 🤗
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Erik pfp
Erik
@eriks
nice! huge for liquidity outta curiosity, are the assets at the custodians and market makers visible onchain?
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Simon pfp
Simon
@simp
How is the liquidity? Might be cool to integrate with some of these if there have sufficient liquidity to liquidate users atomically
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Promise Wilfred
@wilsdefi
Awesome I have something in store for You!!!
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Khanbaba Fatullayev pfp
Khanbaba Fatullayev
@it-bottle
Are there any airdrop opportunities?
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