How Atlas is Pioneering a New Era of Innovation and Capital Efficiency for Grvt and its Users

We have seen many posts explaining what the ZKsync Atlas upgrade brings.

As ZKsync founder Alex put it, the Atlas upgrade "for the first time allows L2 to rely directly on Ethereum as a real-time liquidity hub," which is not only a technical upgrade, but also a reshaping of the ecosystem.

Today, we will focus on the potential new innovations that Grvt may introduce in the future, as well as the new functionalities users can achieve on Grvt through Atlas, as Grvt becomes a core dApp for expanding Ethereum liquidity and market layers in an immutable manner.

As the largest ZKsync-driven dApp, Grvt achieves composability with the Ethereum mainnet through Atlas, coupled with its liquidity and immutability, it is believed that Grvt and its users will benefit most in terms of capital efficiency. The ability to interoperate and be composable with the most popular DeFi dApps on the Ethereum mainnet will open up many possibilities for Grvt and ETH mainnet users to maximize their capital potential. Here are specific ways:

(1) Lending Protocol: Maximize your balance on Grvt through Aave or Euler

With a balance on Grvt, you can directly access borrowing from deep liquidity sources on the Ethereum mainnet through Aave or Euler (TVL of 298.8 billion and 16 billion, respectively), and use the funds for trading and earning yield on Grvt, or invest in Grvt strategies.

(2) Spot DEX: Through Atlas, Grvt users can maximize the utility of their LP position

Users can use LP tokens from Ethereum mainnet's Uniswap or other spot DEXs as collateral for perpetual contract trading, increasing the returns on their LP position. Grvt strategists can also integrate LP positions from spot DEXs into strategies previously limited to perpetual contracts, as a means of diversification. The simplest way is for users to access liquidity from any spot DEX on the Ethereum mainnet through Grvt for token swaps.

(3) LRT and LST Protocols: Enhance the value of your LRT and LST

Through Atlas, traders on Grvt can utilize LRT and LST from protocols such as Eigencloud, Lido, Rocketpool, among others, not only to earn staking rewards but also to use them as margin to open perpetual contract positions, while also enjoying Grvt's native rewards (if still available). This means triple rewards: staking rewards + Grvt native rewards + perpetual trading profits.

Additionally, Grvt strategists can include LRT and LST in their portfolios as a "risk-free" source of income, helping users achieve income diversification while avoiding impermanent loss and high-risk trading.

(4) Yield Protocol: Make Your Pendle Position More Flexible

Similar to LRT and LST, Grvt users can use Pendle's PT (Zero Coupon Bond-like yield-bearing token) as margin to open perpetual positions, achieving triple rewards: (i) Stable yield from PT, (ii) Grvt's native rewards (approximately 10%), (iii) Trading profits.

Grvt strategists can also incorporate Pendle's PT and YT into their strategies to explore more creative sources of income, even achieving high risk-adjusted returns through YT without relying on external infrastructure providers such as Gauntlet or Morpho.

(5) Stablecoin and RWA Protocol: Maple

Taking the example of Maple, an RWA protocol on the Ethereum mainnet, it offers yield-bearing stablecoins based on overcollateralized loans. Users can mint SyrupUSDC on Grvt to: (i) earn passive income on Grvt, (ii) use SyrupUSDC as collateral for perpetual positions while earning returns, (iii) further enhance capital efficiency.

Grvt strategists can also utilize stablecoins from diversified income sources to hedge with stablecoins during "liquidation" while still providing returns to users.

These are just some examples of how ZKsync-powered Grvt becomes an extension of Ethereum's immutability, opening up more product, strategy, and innovation possibilities through increased capital efficiency and liquidity. I am very excited about the breakthrough innovation that Grvt brings, full of anticipation for the potential of Atlas, and I look forward to exploring endless possibilities post-launch!

Furthermore, Grvt has just launched its native protocol treasury GLP, which has already surpassed $1.5 million in assets under management in less than 24 hours. Below is a table summarizing key perpetual contract DEXs and their "native" LP treasury strategies.

This article is a contribution and does not represent the views of BlockBeats.