Untitled Bank Integration of Bifrost ASTR Staking Program

About Untitled Bank

Untitled Bank is a permissionless, and modular lending platform designed to provide a seamless and inclusive experience for all users. In January, we launched on Soneium and were selected as the sole winner in the lending category of the Soneium Spark Program over 1,700 applicants. Our mission is to unlock the potential of underutilized assets by leveraging our unique Aggregated and Layered Bank architecture. Untitled Bank simplifies asset management and lending operations, making decentralized finance (DeFi) more accessible to both novice and experienced users.

Key Value Proposition:

• Permissionless market creation flexibility
• Enhanced capital efficiency through liquidity aggregation
• Reduced costs for users through unified pools
• Improved accessibility across multiple chains

Summary

We propose a strategic partnership between Untitled Bank on Soneium and Bifrost to integrate Bifrost's liquid staking solution for ASTR directly into the Untitled Bank platform. This collaboration will establish a dedicated vASTR minting UI within our application while creating a modular vASTR/ASTR market that enables leverage opportunities for users. Our aim is to foster mutual growth by increasing vASTR adoption and expanding its utility across our ecosystems.

vASTR Integration (UI Screenshot)

The portal of minting vASTR will be integrated into vASTR/ASTR market.

A dedicated ‘Mint here’ button will be added to Collateral Token section on vASTR/ASTR market detail page to direct users to mint vASTR. This integration will provide a seamless experience for users to mint vASTR, borrow ASTR, and leverage these assets to earn higher yields.

Target Shared Reward Rate: 50%

Reward Wallet Address: 12Gm3fZJTDXCLsUe4RLAGsnMjnHgrjs9teg6TEtff42tWrG7

Official Links

Website: https://untitledbank.co/

App: https://app.untitledbank.co/

Docs: https://docs.untitledbank.co/

X(Twitter): https://x.com/BankUntitled

Discord: https://discord.gg/hJCMCPfmrN