With Spacebar’s mission to enhance the DeFi experience within the Blast ecosystem, we’re pleased to announce our upcoming integration of Metastreet — which will see Metastreet’s Liquid Credit Tokens (“LCTs”) being bridged to Blast and integrated into Blast DeFi.
About Metastreet
Metastreet is a yield infrastructure protocol, seeking to structure sources of yield into any asset. Metastreet’s LCTs aims to bring sustainable yields from the NFT market that beat PoS staking yields, allowing users to access credit backed by illiquid assets like NFTs. As part of Blast Mainnet, Metastreet’s LCTs will be bridged to Blast — and integrated with Thruster, [redacted], and [redacted].
Metastreet on Spacebar
Through Spacebar’s Squares, users will be able to enter into a Metastreet Mission Portal — where missions involving on-chain actions will need to be performed to complete the Mission. Examples of Missions on Metastreet may include:
- Minting Metastreet’s LCTs on Ethereum Mainnet
- Bridging LCT to Blast
- Providing liquidity to LCT liquidity pools on Thruster
- Using LCT as collateral to trade perpetual futures on Particle
In performing these actions, users can earn points and yield from multiple sources:
- Blast Points
- Metastreet Points
- Spacebar Points
Conclusion
We’re excited to partner with even more innovative protocols on the Blast ecosystem, so feel free to reach out to us on Twitter and Discord and tell us who we should work with next!
