Metronome
  • Metronome Synth
    • Introduction
    • Treasury Management
    • Protocol Owned Liquidity
      • External Liquidity
    • The Metronome Token ($MET)
    • Metronome Synth Protocol
      • Metronome Synth Features
      • Metronome Dashboard
      • Liquidations and Collateral Factors
      • Productive Collateral
      • Supported Assets
      • Synth Marketplace
      • DeFi Ecosystem
      • Metronome Synth Mintage and Deposit Caps
    • Risks
      • Liquidation
      • Black Swan
      • Oracle Disruptions
    • Metronome Revenue Model
    • Metronome Synth Glossary
    • Contracts
  • Smart Farming
    • Introduction
    • How Does it Work?
    • Competitive Advantages
    • Step-by-Step Guide
    • Loopage
    • Auto Repay
    • Risks
    • FAQ
  • Tokenomics
    • esMET
    • Governance
      • Lock MET
        • How to Lock MET
      • Early Unlock
        • How to Unlock MET
    • Trading Fee Discount
  • Contract Overview
    • Liquidation
    • Pool
    • Fees
    • Rewards
  • Metronome 2.0
    • Introduction
    • MET Tokenomics
    • Metronome DAO
      • Voting and Participation
      • Treasury Management
      • Metronome Improvement Proposal (MIP) Template
    • FAQ
    • Glossary
  • resources
    • Official Links
    • Brand Assets
    • Metronome 1.0
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  1. Metronome Synth
  2. Metronome Synth Protocol

Productive Collateral

A key feature for Metronome Synth is the ability to deposit yield bearing assets as collateral to mint synthetic assets. Users can then enjoy greater capital efficiency as their collateral is then productive.

Currently, Metronome Synth accepts select pool tokens from Vesper Finance.

Example:

  • User deposits USDC into the Vesper Finance USDC pool and receives the vaUSDC token.

  • vaUSDC is a yield bearing token, so over time the user earns additional USDC on their deposit.

  • User then takes the vaUSDC tokens and deposits them as collateral on Metronome Synth.

  • This collateral can now be used to mint synthetic assets.

  • Their USDC continues earning yield in the Vesper pool while it simultaneously acts as collateral.

PreviousLiquidations and Collateral FactorsNextSupported Assets

Last updated 10 months ago

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