Universal Account Balance

Universal Account Balance

The Universal Account Balance feature lets users leverage Curvance's native money market supply-side yield. By depositing idle wallet assets like USDC, USDT, or ETH into the Universal Account Balance smart contract, users can earn yield on those assets that would otherwise remain unproductive. Essentially, acting as a DeFi composable high-yield savings account. This method of supplying liquidity also benefits from increased composability within the Curvance plugin system.

How It Works

• Users can deposit supported lendable assets into a Universal Account Balance contract. Depositors benefit from supply side yield from select Curvance markets and increased composability within the Curvance plugin system.

• DApps such as trading bots and wallets can route idle user liquidity through the Universal Account Balance smart contract, enabling users to earn yield on their assets. With no lock-up duration, protocols are able to instantly withdraw user liquidity from the contract when users need it for platform activities.

Example Use Case

Trading bot XYZ integrates with the Universal Account Balance smart contract, allowing users to earn yield while maintaining custody of their assets. The bot can pull from this balance on an as-needed basis for trading activities, ensuring seamless access to liquidity without needing a lockup period.

Key Benefits

• Yield Generation for Non-Yield-Bearing Assets: Idle assets can now earn Curvance native yield.

• Composability: Universal Account Balance assets benefit from compatibility within the Curvance plugin system, enabling delegation and integration with protocols built on top of Curvance.

• Flexibility: No lockup periods ensure that assets remain accessible and can be withdrawn or redirected at any time.

• Protocol Integration: Protocols can enhance their yield offerings by routing liquidity through Curvance, allowing their users to benefit from Curvance’s native yield without any additional input.

The Universal Account Balance transforms idle assets into productive capital, offering unprecedented flexibility and composability for both users and protocols. By leveraging this feature, Curvance empowers DeFi participants to unlock new opportunities and maximize their capital efficiency.