🏰For Protocols

Issue Fixed-Yield Protocol Debt to Support Growth and Revenue

Use Cases

Grow TVL

Protocols often have volatile yields and complex strategies hence hard to attract TVL, having to resort to token emission that attracts mercenary capitals.

With Copra, depositors can instead get fixed-yield and principal-protection, helping protocols accumulate TVL effectively.

Leverage Own Yield Strategies

Many protocols are confident in their own yield strategies (as they understand them best) and deploy their treasury capital to generate income.

Copra helps protocols do that in a scalable way by earning the spread between fixed-cost debt and the yield generated.

Alleviate Liquidity Bottlenecks

Some protocols intrinsically have pools lacking in liquidity which can act as bottlenecks to overall protocol growth. Liquidity raised through protocol debt could be used to relieve these specific bottlenecks.

Reduce Reliance on Token Emission

Compared to token-based liquidity mining which mainly attracts mercenary capitals that will exploit the token reward and leave immediately once it's exhausted, raising liquidity via fixed-yield Copra vault is an efficient and sustainable alternative to promote protocol growth.