🏊‍♂️Poolside

Poolside is DeFi's liquidity hub for receipt tokens and yield-bearing assets. Built on a next-gen AMM, Poolside optimizes the LP experience for tokens that accrue value, like LSTs and LRTs by recognizing when tokens earn yield and protecting that added value from being arbitraged away. Other AMMs expose LPs to unnecessary losses due to a poor understanding of token and AMM design. Poolside solves fundamental errors that others make and is the only DEX capable of facilitating deep markets for LSTs like Lido's stETH and BENQI's sAVAX.

Poolside also maximizes earning potential with Poolside Party, a non-custodial rewards program that algorithmically distributes incentives. LPs on Poolside can subscribe their LP tokens to multiple rewards programs to earn tokens, on-chain points, NFTs, and more. These LP tokens earn incentives without leaving the user's wallet, remaining freely tradable and useable in greater DeFi. Poolside LPs earn fees from trades, keep their staking rewards, earn incentives, and can further leverage their LP tokens as collateral in DeFi.

Poolside is the critical missing piece that enables LSTs and other yield-bearing assets to scale. Long-term liquidity inside Poolside enables protocols to grow without disturbances from withdrawals. This is crucial for liquid staking and lending protocols that rely on committed collateral to meet expected returns. The liquidity in AMMs also facilitates DeFi activities that allow LSTs to be used as collateral in other protocols. Since LPs no longer suffer permanent loss inside our AMM, Poolside is the most cost-efficient place to incentivize liquidity for protocols and DAOs. Poolside's alignment of protocols and LPs fosters deep markets that can support the growth of LSTs, LRTs, and emerging categories like tokenized real-world assets (RWAs) and yield-bearing stablecoins to be the foundation of DeFi.

Read the Poolside V1 whitepaper to learn more. The Poolside V2 whitepaper is coming soon.