Ebisu FinanceIntroducing xEBISU
TL;DRxEBISU is tokenized a non-transferable point redeemable 1:1 for EBISU. The xEBISU campaign is our take on points designed to align protocol growth with user incentives.2,750,000 xEBISU for Ebisu users on Ethereum2,750,000 xEBISU for Ebisu users on Plasma4,500,000 xEBISU for Liquity v2 BOLD users100,000,000 EBISU Total Token SupplyWhy?The purpose of xEBISU is to recognize early users who contribute to bootstrapping Ebisu’s growth. The true value created by Ebisu’s fixed-user-set-rate mode...
Ebisu FinanceCap stcUSD Adaptive Looing Vault
Maximize exposure to stcUSD organic yield through a capital-efficient recursive leverage strategy executed across dynamically selected money markets.
Ebisu FinanceEbisu Leverage Vaults
OverviewEbisu Leverage Vaults let users of any size get leverage exposure to BTC, ETH, and other collaterals in one-click. Automated 4x leverage trading of WBTC and weETH. Deposit your tokens, receive vault shares representing amplified collateral exposure. No manual management required.Who Is This For?Users seeking instant one-click leveraged BTC or ETH exposureUsers who want fixed-rate leverage without active managementUsers seeking automated liquidation protectionWhy?Managing your own leve...
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Ebisu FinanceEbisu's ebUSD Goes Multichain Using OFT
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Ebisu FinanceEbisu's ebUSD Goes Multichain Using OFT
Ebisu FinanceIntroducing xEBISU
TL;DRxEBISU is tokenized a non-transferable point redeemable 1:1 for EBISU. The xEBISU campaign is our take on points designed to align protocol growth with user incentives.2,750,000 xEBISU for Ebisu users on Ethereum2,750,000 xEBISU for Ebisu users on Plasma4,500,000 xEBISU for Liquity v2 BOLD users100,000,000 EBISU Total Token SupplyWhy?The purpose of xEBISU is to recognize early users who contribute to bootstrapping Ebisu’s growth. The true value created by Ebisu’s fixed-user-set-rate mode...
Ebisu FinanceCap stcUSD Adaptive Looing Vault
Maximize exposure to stcUSD organic yield through a capital-efficient recursive leverage strategy executed across dynamically selected money markets.
Ebisu FinanceEbisu Leverage Vaults
OverviewEbisu Leverage Vaults let users of any size get leverage exposure to BTC, ETH, and other collaterals in one-click. Automated 4x leverage trading of WBTC and weETH. Deposit your tokens, receive vault shares representing amplified collateral exposure. No manual management required.Who Is This For?Users seeking instant one-click leveraged BTC or ETH exposureUsers who want fixed-rate leverage without active managementUsers seeking automated liquidation protectionWhy?Managing your own leve...
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Ebisu Money is a CDP protocol deployed on both Ethereum and Plasma. Each deployment supports its own collateral set for minting ebUSD, but otherwise operates identically. However, ebUSD minted on each chain was originally siloed and not natively fungible.
To create a unified cross-chain experience, ebUSD has been upgraded into an OFT, allowing users to move their ebUSD between Ethereum and Plasma at a 1:1 mint-and-burn rate. Once bridged, users can interact with the Ebisu deployment on the destination chain exactly as if their ebUSD were minted there: repay CDP debt, deposit into Stability Pools, participate in Redemptions, and earn the destination chain’s ebUSD yields.
From the protocol’s perspective, this upgrade greatly enhances the moneyness of ebUSD. Arbitrageurs can shift liquidity more efficiently, strengthening ebUSD’s liquidity, peg stability, and overall market efficiency. It is important to note that this fungibility also socializes collateral and oracle risks from both chains across all ebUSD holders.
The LayerZero OFT standard is the market’s preferred interoperability solution, adopted by more than 550 assets and powering nearly $200B in cross-chain volume. With the OFT, ebUSD can move between any connected chain safely, reliably, and without slippage. EbisuAdmin retains the ability to pause bridging in extreme circumstances.
OFT contract addresses here.
Use Ebisu Money: Product
Follow us on X: @ebisu_finance
Join us on Discord: Discord
Get Updates: Telegram
Ebisu Money is a CDP protocol deployed on both Ethereum and Plasma. Each deployment supports its own collateral set for minting ebUSD, but otherwise operates identically. However, ebUSD minted on each chain was originally siloed and not natively fungible.
To create a unified cross-chain experience, ebUSD has been upgraded into an OFT, allowing users to move their ebUSD between Ethereum and Plasma at a 1:1 mint-and-burn rate. Once bridged, users can interact with the Ebisu deployment on the destination chain exactly as if their ebUSD were minted there: repay CDP debt, deposit into Stability Pools, participate in Redemptions, and earn the destination chain’s ebUSD yields.
From the protocol’s perspective, this upgrade greatly enhances the moneyness of ebUSD. Arbitrageurs can shift liquidity more efficiently, strengthening ebUSD’s liquidity, peg stability, and overall market efficiency. It is important to note that this fungibility also socializes collateral and oracle risks from both chains across all ebUSD holders.
The LayerZero OFT standard is the market’s preferred interoperability solution, adopted by more than 550 assets and powering nearly $200B in cross-chain volume. With the OFT, ebUSD can move between any connected chain safely, reliably, and without slippage. EbisuAdmin retains the ability to pause bridging in extreme circumstances.
OFT contract addresses here.
Use Ebisu Money: Product
Follow us on X: @ebisu_finance
Join us on Discord: Discord
Get Updates: Telegram
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