What is Ebisu Money?
Borrow against the future of trustless innovation
What?
Ebisu Money allows users to borrow dollars or ETH against liquid restaking tokens (LRTs) via decentralized stablecoins. ebUSD and ebETH are Ebisu’s overcollateralized stablecoins that give users liquidity on their restaked assets, while enabling yield generation through AVS and ETH staking rewards.
Why?
Borrow against LRTs: Stay exposed to ETH & restaking yield while receiving stablecoins that can be used for payments and in DeFi.
Self repaying loans: Value from ETH staking + restaking yield accrues to users' loan collateral offsetting interest payments.
Leverage: Loop LRT position unconstrained by lenders.
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