What are Realms?
One of Bastion’s main differentiating product features is Isolated Realms. Realms enable full-stack customizability of asset parameters, acts as a sandbox for experimentation with innovative oracle and interest-rate mechanisms, broaden the horizon for DAO-To-DAO partnerships with Bastion, and allows us to list the long-tail of assets. Isolated pools are separate lending markets which support a set of assets that can be used as collateral to borrow loans against each other.
Despite all the immense net-positive advantages of risk isolation, our Realms feature has a single weakness: liquidity fragmentation. Users are not be able to directly collateralize and borrow assets from the Main Hub and the Aurora Realm. Bastion remedies this by having USDC in all our Realms, creating a common currency of exchange between all the Realms whilst still containing value-at-risk to the isolated pool rather than the entire TVL of the protocol.
Uniting Liquidity through Inter-Realm Transfers
Today, we are leveraging our Swap interface to unite liquidity between our Realms!
Smooth, intuitive user experiences are a pillar of Bastion’s product offering. We are excited to simplify multi-step transactions through one-click zaps and elegant interfaces which help users optimize their portfolios.
Bastion is a Lending and Stableswap protocol built on Aurora, NEAR’s EVM-compatible layer. The project innovates with novel features such as: isolated markets, interest rate swaps, increased receipt token utility, and boosters. Building on Aurora enables Bastion to create an autonomous interest-rate engine with superior capital efficiency, low slippage swaps, fast transactions, ultra-low fees, precise liquidations, and harness the underlying UX benefits of NEAR.
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DISCLAIMER: This article does not constitute investment advice. Bastion Protocol Token (BSTN) is a means by which users may utilize and govern the protocol. Bastion does not recommend purchasing BSTN for speculative investment purposes. BSTN tokens may lose value or have no value and may have no market. Please read the full disclaimers here.