B.Protocol is building a Backstop DeFi primitive unlocking higher capital efficiency. By democratizing liquidation systems we shift MEV and bot profits to the community.
Shifting profits from bots and miners (MEV) to everyone
Capital Efficiency
Unlocking higher borrowing power for DeFi users
Stability
Providing a stronger safety net to DeFi lending platforms
High-Level
B.Protocol pools users’ funds into a Backstop pool that is used for liquidations happening on the integrated platforms.
Between liquidations the Backstop funds reside in a yield bearing platform, and generate passive revnue to the users.
Once a liquidation takes place the smart contract pulls the needed funds from the backstop to facilitate the liquidation, and automatically puts the seized collateral for sale. Once sold, the return is deposited back to the backstop pool, and profits are accrued.
“B.Protocol integration with Liquity does not only save gas expenses to users and allows them for passive participation, it also makes Liquity’s Stability Pool more capital efficient, and could contribute to the stability of the Liquity protocol.”
"Gm: working on democratizing the liquidations for Abracadabra so you can protect the peg of $MIM while earning some brr."
“Maker Governance declares its intention to experiment a native integration with B.Protocol’s V2.”
"B.Protocol has arrived on Instadapp with its innovative LUSD Rebalancer Pool which creates a wonderful feedback loop for Liquity LUSD Stability Providers"
