Blocks
Overview
At Satay Finance, Blocks are modular building components used to create Strategies. Each Block represents a specific set of DeFi operations (like lending, borrowing, or staking) on a particular protocol. These operations are composed to form Strategies that interact with multiple DeFi protocols to maximize yield.
Blocks are designed to be flexible, allowing users to create complex, multi-step DeFi interactions. They are the foundation upon which Strategies are built, and by combining different Blocks, we can create powerful yield-generating positions across various DeFi ecosystems.
Key Concepts
Each Block is designed to interact with a specific DeFi protocol or perform a specific action, such as borrowing, lending, swapping, or staking assets.
Modularity: Blocks are modular, meaning they can be composed, reused, and combined into different Strategies. For instance, one Block may be responsible for lending assets, while another Block handles staking rewards.
Composable: Blocks can be combined together to create multi-protocol interactions, forming a comprehensive yield strategy that moves assets seamlessly across protocols.
Examples of Blocks
1. Liquid Staking
Liquid staking enables users to stake their assets and earn rewards while maintaining liquidity. Users can stake MOVE tokens with liquid staking providers on Movement and receive liquid staking tokens.
2. Borrow/Lend
Borrow/lend markets facilitate lending assets for interest or borrowing assets to leverage positions. These markets provide opportunities for both low-risk yield (lending) and higher-risk, leveraged yield (borrowing).
3. Liquidity Providing (LP)
Providing liquidity to DEXs allows users to earn yield from trading fees and liquidity incentives. LP tokens can be further utilized in our strategies.
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