Aqualis Integrates Artemis to Enhance DeFi Lending in the Metis Ecosystem

The Metis-based lending protocol Aqualis Protocol has officially integrated the liquid staking token (LST) protocol Artemis to offer enhanced capital efficiency and yield generation opportunities to its users while ensuring greater flexibility.

Aqualis is a DeFi protocol that combines the capabilities of a DEX with the power of lending to supercharge the trading depth and lending liquidity on its platform through its native asset multi-utilization algorithm.

Now, with this integration — which Aqualis founder Simon Zhang calls a “major step forward,” the protocol reinforces its “commitment to innovation.”

“By combining our expertise with Artemis’ advanced capabilities, we deliver smarter, more efficient lending and borrowing solutions to the Metis community,” he added.

Artemis is a leading LST protocol within the Metis ecosystem that enables users to maximize returns while maintaining liquidity. The platform offers shared revenue to its users from its decentralized sequencer that ensures consistent passive earnings, which has helped it gain widespread adoption.

Aqualis Protocol is currently building v2, which will upgrade the protocol to a full scale DEX, allowing any user to deploy and trade any ERC20 token. Lending-enabled assets continue to serve dual purposes of providing trading depth while acting as liquidity for loans simultaneously. Moreover, it will introduce compounding yields, enabling yield farmers to earn even in periods with no trading activity, and allow project owners to enjoy a perpetual buy pressure on their tokens through compounding lending revenue.

With Aqualis’ integration with Artemis, it has become the first lending protocol to incorporate both LSTs and stablecoins on Metis, allowing users to enjoy newfound flexibility for their borrowing and lending needs.

A significant advancement for the entire Metis ecosystem, the community can now take advantage of stablecoin loans while earning decentralized sequencer rewards. Users can also deposit stablecoins and borrow Metis in addition to locking up their Metis tokens on Artemis Finance to farm Art Points.

The platform further allows users to hedge their LST positions by borrowing Metis tokens instead of purchasing them, offering greater strategic financial flexibility.

The seamless integration of a DEX with its lending protocol also allows pegged assets, such as stablecoins and LSTs, to require significantly less liquidity on Aqualis. At the same time, it can dynamically allocate excess liquidity into lending, enabling dual yield from a single deposit.

This dual yield translates to higher deposit rewards, enabling Aqualis to pass down the savings to its users via lowered fees.

Experience Aqualis’s amplified capital-efficient, liquid, and yield-generating environment by exploring the protocol today!