Lucidly on Eigenlayer

Liquid Restaking Tokens (LRTs) and Actively Validated Services (AVSs)

LRTs and AVSs could efficiently settle terms onchain using Lucidly that connects liquidity takers with LPs that are looking to deploy.

Liquid Restaking Tokens (LRTs)

In our continuous pursuit of enhancing liquidity provision mechanisms within the LRT ecosystem, Lucidly offers fixed terms and fixed rates to facilitate access to liquidity across various resources, Automated Market Makers (AMMs), and margin accounts. Through Lucidly, LRTs gain the ability to efficiently rebalance liquidity across AMMs in accordance with the incentives present within respective pools.

This strategic approach aims to provide LRTs with liquidity access at a predictable cost, distinguishing it from traditional liquidity mining practices. The primary objective of introducing Lucidly is to empower LRTs to strategically direct liquidity towards AMM pools and other liquidity provision opportunities with increased efficiency. By leveraging Lucidly, LRTs can effectively manage staking rewards and optimize liquidity rebalancing, thereby augmenting liquidity efficiency within the ecosystem. The anticipated outcome is a heightened demand for LRTs, thereby fostering sustained growth and stability.

Implementation Strategy

• Structured Credit Instruments: Lucidly provide LRTs with access to liquidity at fixed terms and rates. These instruments enable LRTs to efficiently direct liquidity towards AMM pools and other liquidity provision opportunities, enhancing overall liquidity management.

• Protocol-Controlled Liquidity Accumulation: Over time, this aims to accumulate sufficient protocol-controlled liquidity through Lucidly to enable LRTs to direct liquidity autonomously, without external LPs. This evolution will contribute to the sustainability and increasing overall structure and demand for the LRT ecosystem.

Actively Validated Services (AVSs)

Coming Soon