OpenState

Scalable Yield Infrastructure with $osBGT, $osUSD, $osBTC and $osETH

[OpenState @OpenStateFdn]

@eatsleepyeet is the first protocol to use OpenState's liquidity incentives program, by pairing with osBGT they'll enjoy deep liquidity across the PSMs and @KodiakFi osBGT pools as well as a yield rebate on the osBGT balance held in the pool (paid directly to their treasury).

[Yeet 🏆 @eatsleepyeet]

Submitted Reward Vault Request for YEET | osBGT on @KodiakFi with incentive tokens wBERA, osBGT

[OpenState @OpenStateFdn]

Some bootstrapped liquidity has been added to the pool to enable secondary trading of sWBERA immediately, this pool is expected to become one of the main osBGT pools and serve a crucial role within PoL.

[OpenState @OpenStateFdn]

Submitted Reward Vault Request for osBGT-sWBERA on Kodiak with incentive tokens of osBGT and sWBERA.

OpenState's main role is to act as a liquidity connector, with this new pool it enables sWBERA holders to exit without waiting for the 7 day exit queue.

[OpenState @OpenStateFdn]

Submitted Reward Vault Request for osBGT-sWBERA on Kodiak with incentive tokens of osBGT and sWBERA.

OpenState's main role is to act as a liquidity connector, with this new pool it enables sWBERA holders to exit without waiting for the 7 day exit queue.

[OpenState @OpenStateFdn]

As part of osBGT's mission to be the center liquidity piece of BGT you can now mint it with iBGT, oriBGT, LBGT and stLBGT.

The fees for the LBGT/stLBGT PSM are dynamic based off the balance of the PSM so check the exchange rate before using it.

[BeraPaw @0xBeraPaw]

🐾 We are excited to announce that LBGT PSM is live on @OpenStateFdn!

osBGT can now be minted and redeemed with LBGT & stLBGT.

Join now → https://t.co/N12qr9z1Rk

[OpenState @OpenStateFdn]

This is the power of osBGT-eWBERA, the WBERA side of the LP is earning a yield of 87% on top of the 157% APR from the Infrared vault.

[Origami Finance @origami_fi]

eWBERA-4-osBGT-0.3% @KodiakFi LP tokens are now live for auto-compounding🎉

This LP by @OpenStateFdn greatly enhances liquidity for 🅱️ooping oriBGT while directly benefiting from it too!

As usual:
🔸No deposit / exit fees
🔸Compounds every 10min
🔸1% fee on yields only

[OpenState @OpenStateFdn]

Note: This vault holds around half of its balance in eWBERA-4 which has a native lending yield (on average 50%+ APY) thanks to the Euler Tulipa Folding Hive market, this is on top of the yield shown in Infrared's page.

[OpenState @OpenStateFdn]

eWBERA-4-osBGT vault is now live on @InfraredFinance

https://t.co/3BGyWpSaKj

[OpenState @OpenStateFdn]

100 osBGT has been sent to the winner

https://t.co/BsAdXArgRe

[OpenState @OpenStateFdn]

To inaugurate the vault 100 osBGT will be given randomly to a single user holding the eWBERA-4-osBGT-0.3% LP token. There's no minimum size required or maximum amount of addresses for entry.

LPs can be obtained by adding liquidity here: https://t.co/k7RkDCnorz

[OpenState @OpenStateFdn]

Submitted Reward Vault Request for Kodiak Island eWBERA-4-osBGT-0.3% with incentive tokens osBGT, eWBERA-4 and WBERA.

This is the first vault of its kind leveraging the capital efficiency of @eulerfinance @tulipacapital @InfraredFinance and @origami_fi

[miri @mirionics]

this is honestly so cool

new @OpenStateFdn RFRV is a true first:

$osBGT as a tokenised BGT LST liq depth aggregator

paired with:

an @eulerfinance WBERA market receipt token earning consistently high yields (41%+) from oriBGT 🅱️oopers

then once the reward vault is live you will be able to deposit the @KodiakFi LP token into @origami_fi and earn auto-compounded rewards

meanwhile 🅱️oopers bring the WBERA borrow demand

organic yields on organic yields

OS has been an absolute beast in the bribe orderbooks for its osBGT-iBERA pair so this is bound to get juicy 👀

only on berachain

🌱

[Origami Finance @origami_fi]

Great news for oriBGT 🅱️oopers! 🎉

This @OpenStateFdn RFRV pairs osBGT with the WBERA receipt token from the @tulipacapital Folding Hive on @eulerfinance

eWBERA-4 by itself earns a steady ±42% APY from 🅱️oopers already

Soon to be earning auto-compounded LP rewards too 💠

[OpenState @OpenStateFdn]

@BacklashPics @eulerfinance @tulipacapital @InfraredFinance @origami_fi eWBERA-4 is the WBERA lending receipt token of the Euler Tulipa Folding Hive market which offers WBERA leverage against oriBGT collateral

[OpenState @OpenStateFdn]

Submitted Reward Vault Request for Kodiak Island eWBERA-4-osBGT-0.3% with incentive tokens osBGT, eWBERA-4 and WBERA.

This is the first vault of its kind leveraging the capital efficiency of @eulerfinance @tulipacapital @InfraredFinance and @origami_fi

[Kodiak @KodiakFi]

Week 8 of Auto-BGT incentives are here! ♻️

A total of $188.5k is being redistributed to the respective BGT Reward Vaults as incentives, bringing the Auto-BGT lifetime total to $1.5M! (🐼, 🏝️)

For more information on associated yields, check out the liquidity section on Kodiak👇
https://t.co/wpvIIzOVUb

[kevin @whoiskevin]

osBGT, explained.

0:00 Introduction to osBGT Architecture
3:08 Understanding iBGT and BGT LST Models
6:01 Exploring osBGT and Its Unique Features
8:59 The Role of Anchor PSM in osBGT
11:46 Dynamic Fees and Market Implications
14:50 Risk Management in osBGT
21:09 Current Performance and Future Plans
24:01 Third-Party Pools and Protocol Liquidity
26:57 Expanding OpenState Beyond BGT

[Featuring @SafeRatios from @OpenStateFdn]

[Aibra @aibra]

About two weeks ago, I learned about $osBGT and its potential in the Berachain ecosystem. In its current form, it's live with a peg stability module (PSM) which tracks $iBGT and helps $iBGT have deeper liquidity.

As more PSMs get added for the different BGT LSTs more and more swaps will be routed through osBGT which will turbo charge the yield on $iBERA / $osBGT vaults. It was a no brainer to just shove my naked $bera into this vault and let @origami_fi make it go BRRRRRR

Pretty neat mechanism which will allow users to get the best executions when they swap in/out of BGT LSTs and helps protocols get deeper liquidity vs. manually bribing validators for fragmented pools of liquidity

Check out the medium post in the first comment for more info!

[OpenState @OpenStateFdn]

https://t.co/MKgpvpIV2A

[OpenState @OpenStateFdn]

Stats since launch:

- Over 30k swaps through the PSM
- Over $3 Million of volume through the @KodiakFi osBGT-iBERA pool
- 700k+ osBGT in circulation
- 2,000%+ APY on osBGT-iBERA for LPs on @origami_fi
- 25% + of iBGT volume routed through osBGT pools for large swaps