Impact of Memeverse on the Outrun Ecosystem

Impact on TVL of the Outrun Ecosystem

In this aspect, Memeverse has a similar impact on the Outrun ecosystem as FFLaunch, but to an even greater extent, due to the higher activity in Memecoin trading. With the permanent locking of a portion of liquidity, the circulation of PT will be significantly lower than the amount of staked yield-bearing tokens.

The rising demand for UPT and the high collateralization ratio will lead to an increase in its price, attracting more people to stake yield-bearing tokens for arbitrage. The dual-growth flywheel composed of it and YT will result in a higher staking volume of yield-bearing tokens and an increasing number of minted UPTs, thereby magnifying its network effect and making UPT a special omnichain aggregated PT based on LSD and Restaking.

Memeverse enables the entire Outrun ecosystem to possess extremely high capital efficiency.

For example, stake 150 ETH to mint (nearly) 150 UETH, and then by participating in the Genesis of Memeverse, the 150 UETH will be divided into two parts.

1. 100 UETH will form trading pairs with newly minted Memecoins worth 100 UETH, thus minting POL tokens worth 200 UETH.

2. 50 UETH will form trading pairs with POL tokens worth 50 UETH, thereby creating liquidity worth 100 UETH.

Finally, users will obtain POL tokens worth 150 UETH. The whole process has created a Total Value Locked (TVL) and liquidity worth 600 ETH in total. Moreover, as transactions take place and the price of Memecoins goes up, the TVL will also increase accordingly.

If Memecoin holders continue to conduct Memecoin Staking, they will also mint yield-bearing tokens of Staked Memecoins. Then, by restaking the yield-bearing tokens of Memecoins on OutStake, they will also mint YT, PT, and POT that are associated with Memecoins. All of these newly added capitals will bring more potential income to the Outrun ecosystem and its users, while also enhancing the composability of the Outrun ecosystem.

The Combination of Memecoin and DeFi

Memecoin can bring a large number of users to DeFi. Whether it's the combination of Memeverse with OutSwap and OutStake, or the adoption and support of UPT (Liquid Staking Tokens) by Memeverse, or the design of Memecoin Staking in Memeverse, as well as the support for the Restaking of Memecoin's yield-bearing tokens by OutStake, Memeverse undoubtedly creates a new economy that perfectly combines Memecoin with DeFi. This is something that none of the previous DeFi protocols or Memecoin projects have achieved.

Traditional DeFi investors are deterred by the risks associated with Memecoins. However, through Memeverse, they can invest in Memecoins with extremely low and controllable risks. Meanwhile, many Memecoin players don't have a good understanding of DeFi either and simply trade Memecoins. By participating in Memeverse, they are passively involved in DeFi without having to bear much additional learning cost. In this way, DeFi users and Memecoin users can be converted into each other, opening up a stable two-way channel.

Overall, Memeverse, through its innovative issuance model, staking yield mechanism, economic support measures, and community-driven force, offers new perspectives and solutions for the development of Memecoins. These advantages not only help enhance Memecoins' market competitiveness but also promote the industry toward greater transparency, security, and sustainability.