SuperPools: Chain Abstracted Yield Introduced

🌉 Bridging yield gaps

By Superform
Jun 27, 2024, 6:07 PM
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Superform has introduced SuperPools, a new feature enabling users to access Layer 1 (L1) yield on Layer 2 (L2) networks at significantly reduced costs.​ SuperPools are liquidity pools containing ERC20 SuperPositions of vaults from any chain, allowing users to swap into L1 yield on any chain.​ This innovation aims to solve the issue of expensive yield access on Ethereum, with SuperPool transactions costing as little as $0.​01 compared to traditional cross-chain deposits that can cost $25-$80.​ The system offers instant access, permissionless pool creation, and is designed to improve DeFi user experience by simplifying cross-chain yield management.​ Superform has launched its first SuperPool with a USDC Morpho vault on Ethereum, tokenized on Arbitrum.​

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