UniX
A unified liquidity management protocol that combines AMM and lending.
Project Description
UniX: A Unified Liquidity Management Protocol
UniX is a unified liquidity management protocol designed to optimize the utilization of funds across various DeFi protocols. Any protocol with liquidity pools or idle funds can seamlessly integrate with our protocol to achieve efficient capital reuse. Think of UniX as the operating system that interconnects all DeFi protocols.
In this hackathon, we successfully integrated an AMM (Automated Market Maker) liquidity pool with AAVE using our protocol. Idle funds within the liquidity pool are lent to lending protocols, allowing our LPs (Liquidity Providers) to earn additional interest income and benefit from AAVE's liquidity mining rewards.
How it's Made
To bring our protocol to life, we had to make some modifications to Uniswap's codebase. We utilized Scaffold-ETH to build a simplified Swap interface, showcasing how our protocol seamlessly integrates with AMMs. Scaffold-ETH significantly expedited both contract development and frontend creation, saving us a substantial amount of time.
For integration with AAVE, we opted to fork the Ethereum mainnet using Tenderly. This choice was crucial, as it allowed us to set up a robust development environment and easily share it with our team. Without Tenderly, configuring and maintaining a consistent development setup would have been a challenging and time-consuming task.
