B-csUSDC-csUSDL
V3 Boosted Balancer Pool with csUSDL/csUSDC for capital efficient stablecoins
Last updated
V3 Boosted Balancer Pool with csUSDL/csUSDC for capital efficient stablecoins
Last updated
Coinshift is leveraging Balancer V3 Boosted Pools to drive the evolution of the onchain treasury economy. The B-csUSDC-csUSDL Pool plays a pivotal role in this strategy, optimizing liquidity and treasury efficiency while offering competitive yields.
Higher Yields: LPs earn from both swap fees and external yield generation, maximizing returns.
Capital Efficiency: Liquidity remains accessible for swaps while simultaneously earning yield across multiple protocols.
Cost Savings: Reduced gas fees make liquidity provision more cost-effective.
Scalable Design: Built to adapt and grow with the evolving DeFi landscape.
The pool allows LPs to supply wUSDL/USDC to the boosted pool, which automatically deposits liquidity into the csUSDL and csUSDC Morpho Vaults. Liquidity in these vaults facilitates highly capital-efficient swaps while offering LPs up to 25% APY with multiple token incentives, including SHIFT.
100% Yield-Bearing Liquidity: Every asset in the pool generates yield, leveraging Balancer’s boosted pool technology, which routes liquidity into Coinshift USDL and Coinshift USDC Morpho Vaults..
Gas-Efficient Swaps: Balancer’s BatchRouter ensures gas-efficient and smooth swaps between wUSDL and USDC, reducing costs for both LPs and users.
Dynamic Customization via Hooks: Balancer V3’s hooks framework allows dynamic fee adjustments and custom pool behavior, optimizing liquidity and returns in real-time.
ERC-4626 Standard Integration: The pool integrates seamlessly with ERC-4626 vaults (e.g., Coinshift USDL and Coinshift USDC vaults on Morpho), ensuring broad compatibility with wUSDL and USDC.
Simplified Fee Structure:
10% on yield-bearing assets
This fee applies to the external yield generated from the underlying vaults (csUSDL and csUSDC Morpho Vaults).
Since all assets in the pool are yield-bearing, this fee helps sustain ongoing incentive distribution and protocol health while still providing LPs competitive returns.
50% on swaps
This fee is applied to swap transactions within the pool, particularly between wUSDL and USDC.
The swap fee is designed to reward LPs who ensure market depth and stability for the pool, while maintaining cost-efficiency for traders.
The csUSDL/csUSDC Boosted Pool on Balancer V3 offers a groundbreaking approach to capital efficiency, yield optimization, and long-term sustainability for LPs. By combining yield-bearing liquidity, gas-efficient swaps, and a simplified fee structure, Coinshift and Balancer empower LPs to maximize returns while contributing to the health of the broader DeFi ecosystem.
