Sumer Money is a multichain DeFi protocol designed for high capital efficiency, offering synthetic asset minting, lending, and borrowing. Its unique risk engine, synthetic token system, and unified liquidity pool optimize capital use by enabling cross-chain interoperability. Sumer tokens govern protocol actions and provide further yield.
Sumer Money is a blockchain liquidity infrastructure focused on capital efficiency, multichain interoperability, and decentralized finance (DeFi) functionality. The protocol enables users to deposit assets, mint synthetic assets (known as “SuTokens”), and engage in lending and borrowing activities across multiple blockchains. Its primary aim is to maximize capital efficiency through a combination of unique liquidity mechanisms, synthetic asset minting, and a decentralized risk engine.
Sumer enables the minting of synthetic assets such as suUSD, suETH, and suBTC, which act as tokenized versions of native assets across supported blockchains. These assets retain collateral backing and allow for secure, non-custodial cross-chain transfer. By keeping assets on their native chains while providing liquidity across networks, Sumer supports seamless interoperability across the DeFi landscape.
Sumer’s liquidity pool introduces an innovative risk management approach by correlating asset positions within user portfolios. This strategy ensures high Loan-to-Value (LTV) ratios for correlated assets, maximizing borrowing power. Users can manage positions with flexibility, especially in situations requiring liquidity adjustments, such as providing stablecoins to maintain health ratios during market fluctuations. Compared to traditional DeFi platforms, Sumer’s unified pool design offers more efficient capital use, particularly for complex DeFi strategies.
Sumer’s protocol is inspired by Compound, allowing users to deposit stablecoins or blue-chip assets (e.g., ETH, BTC, USDC) as collateral. Users can mint SuTokens or directly borrow against their deposited assets. Interest rates are calculated based on a variable model, factoring in demand within the liquidity pool. Borrowers have the flexibility to repay liabilities or swap assets within the protocol, enabling tailored risk and asset management.
Sumer uses a proactive risk management system that monitors account health and asset volatility, implementing liquidation protocols when necessary. Assets that fall below specific health thresholds can be liquidated, but Sumer’s open-source, audited smart contracts help minimize risks for users. Users can redeem SuTokens to maintain asset stability, ensuring pegged values remain resilient across market conditions.
The SUMER token functions as the governance token within the Sumer ecosystem. Holders can participate in protocol governance through SUMER Improvement Proposals (SIPs), influencing updates and modifications to the system. Future enhancements include the integration of Sumer’s “Supernova” engine, a high-performance EVM layer designed to increase transaction speed and efficiency across supported networks.
The protocol includes the Sumer Points Program, incentivizing participation through both points and NFT-based rewards. Early users and contributors receive a share of the total supply through the Points Program, fostering a community-driven approach to growth.
The most programmable, safety-first, autonomous lending algorithm built as a blockchain. UX Chain is reshaping the global debt markets in Web3.
Appchains
Revolutionizing token launches with synthetic liquidity on Neutron.
Launchpads & FundraisingRevolutionizing stablecoins with hybrid collateral and algorithmic stability.
Stablecoins
Decentralizing money management with digital precision.
Real World ServicesBridging tokens across blockchains with unmatched security and ease. Powered by CCIP.
TrustlessCoinList is a platform connecting blockchain projects with early investors and adopters.
Centralized Exchanges