Umoja Protocol and Merlin Chain are thrilled to announce a groundbreaking strategic partnership aimed at revolutionizing the decentralized finance (DeFi) ecosystem. This collaboration merges Umoja's cutting-edge approach to democratizing wealth creation through asset management with Merlin Chain's innovative Bitcoin (BTC) Layer 2 solutions. By combining forces, we are poised to redefine the landscape of DeFi, bringing the future of finance to the present.
Context: This article was originally published on 2/13/23. We launched our Beta V1 which allowed users to leverage synthetic puts to hedge their crypto. Weâre currently in the process of launching Beta V2 which leverages synthetic call options.