We develop a new phenomenological model that addresses current tensions between observations of the early and late Universe. Our scenario features: (i) decaying dark energy fluid (DDE), which undergoes transition at $z \sim 5,000$, to raise today's value Hubble parameter -- addressing $H_0$ tension, (ii) an ultra-light axion (ULA), starts oscillating $z\gtrsim 10^4$, suppress matter power spect...