🫂Collateral Strategies

When xETH is minted, a significant portion of the ETH collateral remains dormant in contracts, leading to inefficiencies in capital utilization. To address this, we’re introducing yield strategies to help generate passive income using these ETH.

Upon launch, our initial strategy will be based on Stargate finance. Yield generated will be converted into Particle/ETH Liquidity Pools (LPs).

Security

It’s important to note that any strategy swaping are safeguarded by a 48-hour timelock. Our strategy contracts are crafted using OpenZeppelin’s Transparent Upgradeable Proxy Pattern. This ensures flexibility in our approach, allowing us to adapt our strategy in the event third-party protocols modify their implementations. The Proxy Admin’s ownership is protected by a 12-hour timelock for additional security.

All other contracts have been verified and are immutable for transparency and reliability.