:sprinter: Overview
A credit-based liquidity protocol for cross-chain solvers
Introduction
Sprinter Stash is a decentralized protocol enabling solvers to access liquidity without needing to maintain private inventories. Liquidity providers (LPs) provide capital to solvers by depositing into the protocol’s liquidity hub. LPs earn yield from solver fees, protocol incentives and other yield sources.
Sprinter enables seamless cross-chain liquidity flow, optimized costs, reducing fragmentation, and ensuring faster, cheaper, and more efficient transactions across multiple blockchains.
:sprinter: Key Features & Benefits
For Liquidity Providers (LPs)
- Low Risk: ‘Real’ yield generated from service fees paid by solvers to access credit as well as proven passive yield sources such as lending protocols ensures low risk.
- High Yield: Sprinter manages liquidity across different yield sources to maximize capital utilization and returns.
- Staking Rewards: Earn additional rewards through SPRNT token emissions.
- Secure & Credible: MPC-secured multi-party access control, risk mitigation mechanisms, and top-tier smart contract audits. Built by ChainSafe & Sprinter Teams with 7+ years of industry expertise (Eth core devs, ERC/ EIP authors, …)
For Solvers
- On-Demand & Low Cost: Access liquidity as needed without the need to maintain private liquidity pools across multiple chains. Costs around 1 bps.
- Zero-Collateral Credit System: No need to provide collateral. Access a credit-line based on reputation.
- Automated Inventory Management: Sprinter Stash efficiently manages inventory across chains for you. Say goodbye to cumbersome manual/semi-automated rebalancing activities.
- Risk-Free access to over 20+ Tokens: Reduce exposure to price volatility and impermanent loss by accessing volatile tokens on-demand. Supports ‘same asset’ (bridge) and ‘different asset’ (swap) cross-chain activities.