Bitforex
BKEX
Uniswap (v3)
FatBTC
We propose a blockchain solution to financialize infrastructural assets for maximizing efficiency of consensus and boosting onchain application usage. We build a financial channel to turn on chain assets into flexible and tradable financial products. This paper compares the traditional financial product issues and the implications of staking assets in blockchain, examines the financial influence of staked assets on application usage. Through our financial channel, individuals can get mutual benefits from both staking rewards and the surplus generated from participation of onchain applications. Node operators can issue derivatives to sell staking assets with a time threshold. Thereby, this financial protocol allows users for the first time to earn significant premiums on staking and application at the same time. The issuance of underlying assets derivatives bring flexibility and financialization to the blockchain infrastructure.
