*Update:
-> This project is for 2 tracks: Multi-currency Borrow/Lending or Yield and Inflation Protection and Swapping
-> As recommended by MiniPay team. this solution focuses on yield opportunities on Celo blockchain.

Minipay users need "Save" button

Effortlessly swap local stables cKES, cZAR, cCOB, cREAL and deposit into a USD saving product currently yielding 8% -10% APY on Celo blockchain.

This product is powered by Untangled Embedded Yield Layer, a protocol that abstracts DeFi complexity into a single token, enabling anyone to earn yields from top protocols and tokenized real world assets, on Celo and cross-chain, with $50 billion global liquidity.

En route to a blockchain meetup in Lagos, Nigeria we stopped to exchange dollars with a money changer. The exchange rate was 360 Naira/dollar. This was in July 2018. Today the rate is 1,605 Naira/dollar, a cumulative 25% depreciation year on year. If you had kept money in Naira you would have lost a quarter of its value every year.

Stablecoins have enabled people and businesses in high inflation countries in Africa and Latin America to keep their money in USD.

**Now everyone can do even better: Earn in USD at more than 8% a year with a click of a button. **

Today’s DeFi yield landscape is fragmented. With over 100 blockchains, 4,500 protocols, and 16,000 assets, investors face significant operational complexity in accessing on-chain yield. Identifying the right strategies, allocating capital across chains, and managing ongoing risk exposures demands time, expertise, and infrastructure.

Users in high-inflation countries in Africa and Latin America are faced with an additional challenge: depreciating local currency. With Minipay and Mento they are able to save in cUSD, USDT/C, swapping from their local fiat and stables. However, since these USD stables are not earning anything at the moment, MiniPay users are missing out on additional income that could make a difference in their lives.

*Update: As recommended by MiniPay team. this solution focuses on yield opportunities on Celo blockchain.

With the "Save" button Minipay users effortlessly swap their local stables such as cKES, cZAR, cCOB, cREAL and deposit into USDC saving product (USDyc) currently yielding 8-10% APY.

Untangled abstracts DeFi complexity into a single, programmable yield token. Built for native integration with chains, protocols, fintech apps, wallets, and exchanges, the Embedded Yield Layer automates sourcing, risk curation, and execution.

Capital deployed into the system is dynamically allocated across vetted DeFi and real-world strategies. Yield accrues directly to the token—removing the need for end-users or institutions to actively manage positions. The protocol continuously tracks performance and risks of target protocols, and automatically rebalances to optimise risk/return for its users.

USDyc allocations are DeFi top protocols including Aave (Celo), Morpho, Sky's SUSDS, Ethena's sUSDe, Pendle and tokenized treasuries (RWA). Together they represent $50 billion in global liquidity.

Click here to read more about the technical architecture and tractions to date.

10% of what users earn for this product

Have raised VC round