SuperPools: Chain Abstracted Yield Introduced
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.