Hourglass
Onchain Tooling
Description
Hourglass is a protocol that offers liquidity solutions for time-bound and semi-fungible tokens. It consists of two main components: Hourglass Boost and Hourglass RFQ. In Hourglass Boost, users time-boost their assets and receive time-bound tokens (TBTs) as receipts for assets locked in a vault earning boosted yield. Hourglass RFQ is a marketplace that connects market makers with protocols to trade these tokens, making it easier to unlock liquidity.
Value Proposition
Hourglass addresses liquidity challenges in decentralized finance by enabling users to access value from staked or locked assets. The protocol creates a market for trading TBTs, which represent assets locked for a set period. This system lets users gain liquidity without sacrificing the benefits of long-term staking or yield generation.
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Superchain
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