So how does $UNIT, backed by @Rocket_Pool's $rETH work?

With $UNIT, $rETH price swings are smoothed out. Its mechanics ensure that as $rETH fluctuates, UNIT steadily rises in USD terms with minimal direct market risk.

✅ $rETH Down → $UNIT is backed by more $rETH
✅ $rETH Up → $UNIT is backed by less $rETH

In addition, borrowing, trading, and liquidation fees are directly routed back to $UNIT holders.

This is the magic of delta neutrality, powered by Flat Money’s Perpetual Futures market for $rETH.
#UNIT #rETH #UNIT #rETH #rETH #rETH #UNIT #rETH #rETH