About
Unleash the value of restaking in DeFi
Last updated
Unleash the value of restaking in DeFi
Last updated
Ebisu Finance lets users get the most utility from their restaked assets in DeFi.
Ebisu Money: A collateralized debt position (CDP) protocol that lets users borrow US dollar or ETH denominated stablecoins against liquid restaking tokens (LRTs).
Ebisu Earn: A suite of restaking yield vaults that automate real yield generation across a basket of LRT DeFi strategies providing diverse exposure to various LRTs and restaking protocols.
If you're unfamiliar with restaking, check out our primer here.
By commodifying cryptoeconomic security and improving access to operators, restaking platforms like EigenLayer and Symbiotic accelerate trustless innovation. They make it cheaper, faster, and easier for anyone to launch a new decentralized network, protocol, or feature. The design space is huge! Any product logic or tasks that need to be run off-chain in a decentralized manner can be built as an AVS.
Ebisu is built upon the belief that trustless innovation via restaking will drive the next 100x blockchain adoption burst. Our products aim to unlock capital efficiency, yield, liquidity for all restaked assets while taking extensive measures to protect users from the idiosyncratic risks unique to restaking.
Ebisu improves composability between restaking and DeFi enhancing the robustness of the crypto economy by lowering the opportunity cost of providing security and conducting financial activities on-chain.
In Japanese mythology, Ebisu is the deity of fishing, wealth, and fortune. Fishermen tell stories of how Ebisu keeps the ocean safe and pristine, becoming enraged whenever people pollute the ocean. Amidst the turbulent sea of DeFi, Ebisu Finance strives to be a safe harbor.
To execute this vision, it is paramount to properly underwrite the risks associated with restaking, LRTs, and AVS slashing and rewards, as well as educate users about these risks.
