Sumer Synthetic Assets as Money Multipliers

Sumer was inspired by a traditional finance solution: deposit in your local bank and get a travelers’ check or credit card going globally. Users can now create synthetic suUSD, suETH and suBTC with the same lending deposit, enabling a travelers' check-like experience for omni-chain DeFi and participation in new ecosystems while retaining yields (staking, restaking, lending) on their native chain.

Sumer Synthetic Assets use Sumer’s Capital Efficient unified liquidity pool to mint the SuTokens at up to 98.5% LTV for correlated assets and at no cost. Defi users can further bridge SuTokens across any supported networks through our reputed partners Chainlink CCIP and LayerZero.

Position	Deposit wstETH, mint suETH at up to 98.5% LTV
Yield Opportunities	Staking Yield Lending Yield suETH farming yield suETH peg arbitrage
Market Risks	Liquidation Risk (price of wstETH deviates significantly from ETH) Redemption Risk (price of suETH deviates significantly from ETH)
Operational Risks	Smart Contract Risk minimized by 3 Audits, Continuous Audit Partnership, Real time risk monitoring and prevention, withdrawal guard and supply/borrow caps Interoperability Risk minimized by choosing reliable partners (Chainlink CCIP, LayerZero)

As evident from above, Sumer Synthetic Assets create money multipliers for DeFI users to earn additional yield while retaining yield on their native chain.