Exotic ETH-Backed Assets
Last updated
Last updated
Ion Protocol was designed to support any ETH-backed asset and value it accordingly as long as it has provable and retrievable ETH reserves. These include, but are not limited to:
Pendle positions represented by YT, PT, or LP tokens. Respectively, YT buyers receive underlying floating yields and points, PT buyers receive a fixed yield in exchange for foregoing all floating yields and points, and liquidity providers (LPs) receive additional yields from swap fees and Pendle incentives while retaining all points exposure.
EigenPie isolated restaking positions where the risk is segregated to individual LSTs deposited into EigenLayer.
Index-based LSTs catered for creating a diversified exposure to staking yield like unshETH or IndexCoop's dsETH, each backed by a basket of LST assets.
LP tokens backed by LSTs and ETH, including Curve and Balancer 80/20 LP tokens.
And more...
Asset | Address |
---|---|
Pendle (Coming Soon!)
EigenPie (Coming Soon!)