Hosting of Liquid Staking and Restaking Tokens
Bush is the most attuned decentralised financial technology layer to host yield-bearing assets. Yield-bearing tokens such as LSTs and interest-bearing stablecoins offer an additional layer of efficiency compared to their vanilla counterparts. These tokenised assets allow users to gain exposure to both on-chain and off-chain interest rates, compounded within a single token. Compared to traditional AMM design, Bush uses a variety of new concepts to leverage yield-bearing token liquidity while offering optimal results to liquidity providers (LPs) and traders by optimizing trade routes and exchange rates between assets. This is achieved by utilizing two core components:
- Rate provider technology
- Boosted pools
Rate provider technology
By utilizing rate provider technology, Bush guarantees optimal swaps for traders by quoting an on-chain rate of the yield-bearing asset. As a result a trader gets the most up-to-date quote and trading amount when routed through Bush while LPs get more trading volume by optimizing and rebalancing the token composition in stableswap pools.
Boosted Pools
With Bush, you have the opportunity to combine your yield-bearing asset with boosted pool tokens to maximize yield for liquidity providers. Bushes vault architecture guarantees deep liquidity out of the box. This is an optional but additional attractive feature that can be leveraged when onboarding your token to Bush.