This article introduces Curvance, The Modular Multichain Money Market set to revolutionize how yield-bearing assets are managed across multiple blockchains.
As the DeFi landscape continuously evolves, new yield-generating products emerge across multiple blockchain networks, reflecting this intricacy.
Within this context, not all users possess the necessary knowledge and flexibility to leverage them effectively. Managing a portfolio of yield-bearing assets nowadays, in fact, requires active management and complex strategies.
That’s not for everyone: the modern DeFi enthusiast faces a challenging environment, where maximizing capital efficiency demands sophisticated strategies and insights — until today.
Curvance is here to change this narrative and assume a pivotal role in empowering users to leverage yield-bearing assets seamlessly across DeFi.
Curvance matches the growing sophistication of the DeFi landscape with tools that simplify the User Experience (UX). With Curvance, users can deposit their yield-bearing assets, including LP tokens, and leverage them through borrowing — unlocking new forms of collateral and capital efficiency.
Through modular architecture, Curvance aims to support any ERC-20 tokens on Ethereum and all other EVM-compatible networks, becoming the de-facto “everything” app for lending and yield optimization.
The Power of Curvance
- Support for any ERC-20 asset, including LP tokens: Curvance is not limited to Curve assets. We support any ERC-20 assets, focusing on the initial integration of yield-bearing assets from the biggest revenue-generating DeFi protocols;
- Multichain by Design: the native integration of Wormhole’s cross-chain messaging system allows Curvance to seamlessly integrate with multiple blockchain ecosystems and tap into different flywheels;
- One-Click Deployment: no more complex management, Curvance allows its users to deploy their assets across multiple blockchains with one click, abstracting most of the complexity of cross-chain asset management;
- Modular Architecture: tailored to support and accommodate protocol-specific needs and requirements, including the implementation of the ERC-4626, a standardized vault interface, greatly simplifying the process of creating vaults on Curvance;
- Security First: A security-first design ensures the appropriate security measures are in place to ensure top-of-the-class security, such as a dual oracle system using Redstone, circuit breaker functionalities, and audits from leading firms in the sector;
Capital Efficiency for Yield-Bearing Assets
Curvance stands out by allowing users to earn a higher Annual Percentage Rate (APR), compared to native platforms, by capitalizing on the composability of yield-bearing assets through our cross-chain money market.
Compared to other money market protocols, Curvance is designed to be cross-chain and offer incredible composability and capital efficiency by accommodating any ERC-20 tokens.
This enables our protocol to cater to a broad range of users and primitives: from tokenized treasuries to LST-backed stablecoins, anyone can borrow against them.
By offering greater asset support and composability Curvance enables users to unlock maximum capital efficiency from their yield-bearing assets and LP tokens, operating on the protocol while still generating yields on their collateral.
One thing we can’t stress enough: Curvance goes far beyond just Curve.
Assets that can be supported on Curvance include, but are not limited to: GMX V2 GM tokens, Curve LP tokens, Pendle LP/PT tokens, Balancer pool tokens, and Camelot V2 LP tokens.
Are you a trader farming fees and Arbitrum STIP incentives on GMX V2? Good news!
You can now unlock additional utility of your capital, boosting your native yield to new heights.
As a differentiating factor and unique proposition, Curvance allows its users to leverage LP tokens as collateral and borrow against them. This improves both capital efficiency and especially unlocks new liquidity from previously rather illiquid collateral, that now can be utilized within DeFi.
The UX of farming yields cross-chain on different protocols is incredibly fragmented and requires significant and timely efforts. Instead of operating across a variety of different protocols, Curvance greatly simplifies and shortens this user journey.
Using a single interface, Curvance aims to become a central hub for yield optimization across DeFi, including but not limited to:
- Borrowing Assets
- Lending Collateral
- Auto-compounding Yield
- Streamlining incentives
Last but not least, the architecture used by Curvance is peer-to-peer and designed to prioritize safety and simplicity.
Streamlining DeFi Asset Management
Curvance offers a streamlined approach to deposit yield-bearing assets and the creation of money markets for any ERC-20 assets.
On Curvance, holders of yield-bearing asset holders can borrow against them, while still retaining their rights to generate yields from the assets, allowing them to unlock further utility and use cases.
As part of our overall strategy to prioritize security and prevent manipulation in the protocol, Curvance uses a Dynamic Dual Oracle system. Through partnerships with various providers like Chainlink, Pyth Network, API3 and Redstone Oracles this system acts as a core component of our protocol, allowing users to use LPs as collateral, bringing a form of leverage that was previously not always available.
With Curvance, users won’t need to worry about sacrificing the yield on their collateralized assets, as they can:
- Take out stablecoins loans using yield-bearing assets as collateral;
- Leverage Curvance lending interest on top of your yield-bearing assets deposited as collateral;
- Loop borrowed capital into more yield-bearing assets for leveraged yields;
Anyone from yield farmers to DAOs, to protocols with yield-bearing assets will be able to tap into Curvance.
For protocols in particular, integrating in Curvance is not only beneficial for their users, but also opens up new utility and use cases for their yield-bearing products.
As the landscape grows increasingly complex, tools like Curvance become fundamental to offer a straightforward avenue for streamlined asset management.
This marks the shift from a one-size-fits-all asset management approach to a more nuanced, cross-chain infrastructure set-up, where the liquidity of new and emerging assets can be unlocked from a single place.
This comes especially handy with new primitive assets from emerging ecosystems that have limited options in terms of liquidity.
By integrating into Curvance, these protocols can open up new use cases for their assets and immediately boost their capital efficiency as collateral for stablecoins loans and more.
We are ready to transform these goals into reality with the launch of our Mainnet Launch, starting with a rich series of partnerships planned for our Testnet.
Optimizing DeFi, one yield at a time.
Stay tuned for our following updates.
