Omniyield Gateway
Last updated
Last updated
Allspark introduces the first OmniChain Yield gateway based on Blast. This gateway aggregates vaults, routes assets, and executes transactions to distribute liquidity across the Blast chain.
Leveraging Blast's yield features, the Allspark prototype has developed the Omniyield Prep Dex, aiming to realize the OmniYield panorama plan.
It offers zero price impact trading, leverage up to 100 times, self-custody, aggregated liquidity, and an optimized on-chain trading experience. The perpetual Dex adopts a P2Pool model, allowing users to provide liquidity, leverage trading, and earn native yield in a market-driven and permissionless manner. LPs can provide liquidity and virtual leverage lending to traders by collateralizing assets that yield native returns, such as ETH and USDB, to earn compound returns from a combination of risk-free fixed rates and limited-risk floating rates.
As one of the first batch of Blast Native Perp Dexes, we are committed to bringing LPs compound returns (Native Yield + Protocol Yield) not available in traditional Defi protocols across other chains, thereby increasing Blast's total value locked (TVL) and trading volume.
The Allspark Omniyield platform is a set of routers that can ingest and drive Blast native assets towards a chain-agnostic central repository and users.
Allspark addresses the core issue of value discovery for Defi protocols on Blast, forming a mutually beneficial bilateral market, paving the way for efficient discovery, execution, and management of Blast native yield.
It is permissionless, modular, and supports intent-based cross-chain transactions, allowing users to simultaneously execute any number of tokens, chains, and vaults. Allspark fundamentally abstracts chains, projects, and assets for users. For users, it allows accessing any vault listed on the platform from their chosen chains and assets in a single transaction.