Allspark
  • 👋Welcome to Allspark
  • 🌏Fundamental
    • Introduction
      • Blast Native Yield
      • Dapp
    • Omniyield Gateway
    • Glossary of Terms
      • Omniliquidity
      • Omniyield
  • 🎮Joyful Perp Trade
    • Duel Trade
      • Backgroup And Story
      • Trading Mechanism
      • FAQ
      • How to Use
    • Mantissa Mode
      • Trading Mechanism
      • ALP-Mantissa
      • FAQ
    • Degen Mode
  • 🏦Omniyield Perpetual DEX
    • ALP Liquidity
      • Buy / Sell ALP
      • ALP Staking
      • ALP Pool Portfolio
      • Target Ratio and Fees
      • Other
        • Slippage
        • Price Impact
    • Margin System
      • Collateral Framework
      • Liquidations
      • Oracles
    • Liquidation
    • Tutorials
      • Stake
      • Trade
    • Risk Stratification
    • Referral Program
    • Terms
  • 🔄Omniyield Platform
    • Overview
    • Methodology
      • Solution For Omnistake
      • Solution For Omniwithdraw
    • Vaults
  • 🎇New Universe Campaign
    • New Universe (PHASE 1)
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  1. Omniyield Platform

Methodology

The Allspark Omniyield Protocol is EVM-native and will be deployed on Blast, Ethereum, BTC Layer2 (EVM), Arbitrum, Optimism, Polygon, Avalanche, BNB Chain, Base.....

  • Users can deposit tokens from any chain into vaults on the Blast chain. The entire transaction process requires only one signature from the user. Any necessary additional transactions are executed by the Allspark protocol.

  • The deposit time and cost vary depending on the number of bridges used, the amount involved in the exchange, and the number of target vaults.

  • Upon successful deposit into the vault, users will receive an ERC721 token minted on the source chain, representing the Allspark Omniyield. Users can withdraw tokens to any supported chain from holding their tokens. After withdrawal, the token is optimistically burned, and the deposited tokens are sent back to the user. If withdrawal fails, the token will be reminted and returned to the user.

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Last updated 1 year ago

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