Point-Yield Swap
Last updated
Last updated
Point-Yield Swap allows LPs to access (1) boosted points or (2) boosted yield. A single Vault
contract houses both liquidity flows.
The vault allows two ways of liquidity provision, denoting LP1 and LP2. LP1 provides liquidity to get boosted points, but forgo the yield. LP2 provides liquidity to get boosted yield, but forgo the points.
LP1 gets a higher point rate, because both LP1 and LP2's principals are at the work, generating points for LP1. Similarly, LP2 gets a higher yield rate, because both LP1 and LP2's principals are generating yield for LP2.