On-demand Omni-chain Liquidity
Unlock Liquidity to Your Staked Positions
Crypto staking is often subject to a waiting period (usually 7-14 days) when you unstake. To address this issue, we see a lot of liquid staking protocols that allow users to swap out instead of waiting for withdrawal.
However, swapping out usually comes with friction, as the LSD/LRT tokens on DEX are generally trading at a discount to the original token. For example, swapping ether.fi’s weETH to ETH comes at a 0.3% friction, compared to withdrawing weETH from the protocol.
The liquidity solution offered by Latch helps minimize that friction, by aggregating all liquidity sources, including providing omni-chain liquidity on its own.
Aggregating Liquidity
There are multiple sources of liquidity providers:
Latch offering certain omni-chain liquidity quota
LSD/LRT (e.g. Ether.fi, Ethena) players providing liquidity to support their LSD/LRT token pegging
Users contributing liquidity for LP yield
Partner dApps contributing liquidity for improved UX
Leveraging the cross-chain intent settlement, both on-chain liquidity (e.g. DEX & Bridges) and off-chain liquidity (CEX) can be aggregated, to maximize transaction efficiency.
Use Cases for On-demand Omni-chain Liquidity
Transactions in crypto space are usually very time-sensitive: waiting to withdraw tokens from LSD/LRT protocols could have huge opportunity costs. We all want to get instant liquidity whenever and wherever we want.
By offering Omni-chain Liquidity, Latch facilitates various use cases:
Refuel gas fees on any chain
Buy NFT/Memecoins instantly on any chain
Use Latch balance to spend directly in dApps
… And a lot more to come!
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