Superform x PWN

Your yield positions, supercharged. With the new Superform integration, users can now leverage their SuperPositions as collateral on PWN while collecting yield on their vault deposits.

Superform

Superform evolves the way yield is discovered and managed: a single transaction, instant access into any ERC-4626 yield vault on any EVM chain, using any asset. No manual swapping, bridging, and depositing needed. Superform’s SuperPositions are tokenized 1:1 representations of vault shares, and enable cross-chain composability. In other terms, you can use your assets on Arbitrum to deposit in a vault on Ethereum, and use your SuperPosition as collateral on PWN on Arbitrum.

Why use Superpositions as collateral on PWN?

By using SuperPositions as collateral, you can enjoy new DeFi opportunities without giving up your yield-bearing vault deposits. Here's why it's a win-win:

• Yield-bearing collateral: Your SuperPositions continue to generate yield while in escrow on PWN, offsetting borrowing costs.

• Both flexible & predictable: Set your loan terms (borrowed asset and amount, LTV, APR, duration) and enjoy stability throughout the loan duration.

• No price-based liquidation: Rest easy knowing that your SuperPositions are secure, regardless of price fluctuations for the underlying asset. All you have to do is pay back your loan, plus interest, on time.

• Bundled leverage: PWN lets you bundle your SuperPositions with any other assets on the same chain to unlock additional liquidity opportunities.

HOW DOES PWN WORK?

ABOUT PWN

PWN is a peer-to-peer permissionless lending protocol. In the true spirit of DeFi composability, PWN users can borrow against—or lend using—any asset in their wallet (ERC-20, NFT, and even a bundle of both), while enjoying absolute flexibility on the loan terms (LTV, duration, APY, etc.). The oracle-less nature of the protocol protects all PWN loans from price-based liquidations. The only way to lose collateral is to default on a loan.

Operating on six EVM-compatible networks*, PWN opens up new liquidity avenues, composability options, and leverage opportunities, while giving its users both optimized capital efficiency and predictability on both sides of the loan. A win on all fronts.

• Ethereum, Optimism, Arbitrum, Base, Binance Smart Chain, Polygon, Cronos