zunETH, issued by the Zunami Protocol smart contracts under the governance of ZUN tokenholders, is an Ethereum-denominated aggregated stablecoin that holds a soft peg to Ether (ETH) through yield-generating strategies. [S1]

zunETH tracks the price of Ether (ETH), the native asset of the Ethereum network, and is structured to hold a soft peg to that reference asset. Economic exposure is generated by a dedicated yield-aggregating Omni pool that allocates the stablecoin's collateral across decentralized finance protocols, and protocol revenue arising from these strategies is distributed to ZUN stakers rather than accruing automatically to every tokenholder. [S1]

zunETH is not issued by a single corporate entity; it is issued by the Zunami Protocol smart contracts and managed through decentralized autonomous organization (DAO) governance, with protocol revenue distributed to ZUN stakers. [S1] The operator of the Zunami website is identified as Zunami.io OÜ, an Estonian private limited company with a registered address in Tallinn, Estonia, and is named as the data controller for the website under the General Data Protection Regulation (GDPR); the relationship between this entity and the onchain protocol is not established. [S2]

zunETH is issued onchain by the Zunami Protocol smart contracts and is backed by a dedicated Omni pool that aggregates collateral across decentralized finance protocols on supported public networks. [S1] Protocol revenue accruing to the pool is distributed onchain to ZUN tokenholders who stake their holdings. [S1]

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    { id: "S1", url: "https://www.zunami.io/company" },
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Stablecoins

Zunami generates yield by deploying user deposits across diversified DeFi strategies, maintaining stablecoin pegs through overcollateralization and rebalancing mechanisms.

Zunami Protocol issues zunUSD and zunETH, yield-bearing assets backed by diversified DeFi positions designed to maintain their respective pegs while generating returns.

Zunami Protocol is a DeFi protocol specializing in yield-bearing stablecoins and ETH derivatives.

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Zunami Protocol

Zunami zunETH (zunETH) is a Yield strategy stablecoin issued by Zunami Protocol.

zunETH has been issued on Ethereum as an ERC-20 token since March 2024.

Zunami zunETHzunETH

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