We are excited to announce PWN.xyz has integrated Superform. You can now borrow against any deposit made on Superform using PWN! The Superform + PWN integration is currently live on Ethereum, Optimism, Arbitrum, Polygon, Base, and BSC.
About PWN
PWN is a peer-to-peer permissionless lending protocol. PWN users can borrow against—or lend using—any asset in their wallet (ERC-20, NFT, and even a bundle of both), while enjoying 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.
Borrow Against Deposits on Superform using PWN
By using SuperPositions as collateral, you can enjoy new DeFi opportunities without giving up your yield-bearing vault deposits. SuperPositions are tokenized 1:1 representations of your yield position, minted on the chain you deposited from. Here's why it's a win-win:
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Yield-bearing Collateral: Your SuperPositions continue to generate yield while in escrow on PWN, offsetting borrowing costs.
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Flexible & Predictable: Set your loan terms (borrowed asset and amount, LTV, APR, duration) and enjoy stability throughout the loan duration.
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No Price-based Liquidation: Rest easy knowing that your SuperPositions are secure, regardless of price fluctuations on the underlying asset. All you have to do is pay back your loan, plus interest, on time.
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Bundle Positions: PWN lets you bundle your SuperPositions with any other assets on the same chain to unlock additional liquidity opportunities.
Tokenize Everything
This integration is the first step towards our goal of adding composability to every asset. SuperPositions are cross-chain money legos that enable any onchain interaction. From lending to liquidity, stay tuned for more SuperPosition use cases on the horizon!
Superform + PWN Demo
Get Started
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Try Superform: https://app.superform.xyz/
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Try PWN: https://pwn.xyz
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Learn about the Superform Protocol: https://docs.superform.xyz/