Unicord

Maximizing Uniswap LP yields with Morpho lending protocols and Redstone oracles for improved capital and gas efficiency

The problem it solves

Unicord improves Uniswap LP performance and enhances execution for traders. It lends idle funds through Morpho and uses Redstone's real-time price oracles to predict market movements. By withdrawing funds on-demand only when needed, it maximizes yields and cuts gas costs. The result: higher returns for LPs and optimal liquidity for trades.

Challenges we ran into

It was so hard to do NoOp hooks, there are about 3 articles out there at most. Moreover, we need to do NoOp with a custom curve, even though it's similar to Uniswap, we still need to have a custom curve to get balances from Morpho. So it was like, let's create a Uniswap V3 in 2 days, but make it different;)

Brief description on how your project fits into bounty track

Unicord optimizes Uniswap V4 liquidity provision by leveraging Morpho lending protocols and Redstone oracles:

The idea is that we can deposit and hold all of the LP funds into lending protocols and execute withdrawals only on-demand for traders swaps. While also, we use RedStone oracles to predict upcoming trade flow based on the underlying asset price action. Based on the prediction - it withdraws optimal amount of funds from Morpho to Uniswap Hook. This way, by withdrawing funds strategically, Unicord reduces the number of withdrawal transactions significantly enhancing gas-efficiency.

After trades executed, any excess liquidity is quickly redeposited into Morpho to ensure maximum capital efficiency, keeping funds earning yield when not needed for trades.

Setting up

forge install

Build

forge build

Format

forge fmt

Test all project

make test_all