🏦OutStake

Not Only Native Yield Stake Protocol

Outstake is a protocol entirely built around native yield tokens, introducing the first non-USD stablecoin model tied to native yield rates. Compared to other yield token protocols in the market, such as Pendle, Outstake offers greater flexibility, enhanced composability, and provides higher returns along with multiple sources of income. The assets supported by Outstake form the foundational support for the Outrun ecosystem, providing a stable base for the entire system. Specifically, Outstake operates as follows:

1. A New Staking Model Based on Native Yield Tokens: Outstake adopts a unique design that allows users to control the native yield generated by their assets. Through Outstake, users can mint Principal Tokens (UPT) by staking their assets, thereby unlocking liquidity for their staked assets and utilizing these tokens across a range of DeFi applications.

2. Native Yield Stablecoin (YT): The value of the native yield stablecoin is directly tied to the native yield rate. The economic model built around it offers stakers higher income and multiple sources of revenue. It is highly composable, allowing developers to create new products around it, thereby enriching the Outrun ecosystem.

3. Universal asset principal token (UPT): The universal asset principal token is obtained by staking the native yields tokens of the same native asset type (such as Stone, stETH, rETH, etc.). Staking native yield tokens of the same native asset type will mint the same universal asset principal token. This allows for liquidity sharing among different native yield tokens of the same asset type, enhancing the composability of UPT and reducing the difficulty of liquidity accumulation for native yield tokens.

4. Position Option Tokens(POT): These option tokens represent the right to redeem the native yield token at the end of its lock-up period. This option allows users to trade for a fixed interest rate without trading the UPT itself, thereby enhancing capital efficiency.