Liquidity Providers
Creating tangible credit positions to structure liquidity for Credit Issuers
Liquidity Providers trade liquidity for allocations/yield/points/cash. LPs can allocate their credit positions to Lucidly's Mastervault receiving notes in exchange that could be traded depending on credit structures.
For example, depositors lending money to emerging LRT ecosystems like pufETH, rswETH, etc. earn boosted incentives in the form of multiplier points. Each of these LRT ecosystems include liquidity on AMMs, Pendle liquidity, margin on lending protocols, etc. By allowing users to lend different types of LRT derivatives on Lucidly, the protocol efficiently allocates this liquidity based on identified opportunities within each ecosystem.
To be able to trade liquidity for boosted incentives, users could join Lucidly's priority access by joinning the Beta Launch Allowlist below.
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