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Savings bank for DeFi

Stablecoin holders can swap into SWEEP to get interest, liquidity, transparency, and long-term adaptability.
Stablecoin borrowers get funding for the safe tranche of exclusive strategies and real world assets.

Design goals for Savers

  • Competitive: Get current money market yields
  • Liquid: Buy and sell from local AMMs
  • Accessible: Hold it or use it as yield-boosting collateral on Ethereum, Arbitrum, Optimism, BNB, Polygon, Avalanche, ZkSync
  • Simple. Earnings show up in the value of the coin without any staking

Design goals for asset managers

  • Capital: Sweep works through borrowers who put in capital as first loss insurance
  • Monitoring: Borrowers analyze each tokenized offer and monitor it in real time
  • Redundant: Sweep re-allocates in response to product and regulatory changes
  • Transparent: See asset allocations in real time

Components

  • Adaptable. As the business cycle changes, Sweep will shift allocations between money market securities, other RWA, and DeFi
  • Embeddable. Wallets and protocols that embed Sweep get competitive assets throughout the business cycle

Operation

  • Sweep builds the crypto ecosystem by funding tokenized securities such as “tokenized treasuries”
  • Sweep adds value in the real economy by placing funds into real world assets
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Stabilizers are smart contracts for collateralized lending and borrowing. DeFi protocols can use Stabilizers to place money into DeFi strategies, off-chain lending, and securities. Each Stabilizer is controlled by an expert wholesale borrower that provides capital.
Last modified 16d ago