Superform Launches 'Unstocks' Based on Aave

The decentralized finance platform Superform has launched a revenue strategy called 'Unstocks' utilizing tokenized stocks on Base. This structure aims to pursue additional profits in the on-chain market by borrowing USDC against tokenized stocks of Nvidia. Superform officially launched Unstocks on the 5th and announced that its first product will be 'SuperNVDA'. There are plans to expand the targets to include Tesla, Microsoft, Meta, Apple, Amazon, and Alphabet in the future. Unstocks is a service that adds revenue strategies to Superform's 'Superstocks' product line, focusing on creating additional profit opportunities by using tokenized stocks as collateral. Superstocks will deposit Coinbase tokenized stocks as collateral in Aave V4's 'Equity Hub' to borrow USDC. After considering borrowing costs and transaction fees, if the expected returns are sufficient, the borrowed USDC will be allocated to designated operational areas. Superform is implementing the 'USDC Carry' strategy for SuperNVDA, with the process being automatically managed by SuperformOS. SuperNVDA attracted about 10% of the NVDAc volume issued on Base during the pre-deposit phase. Aave emphasized the potential of using on-chain collateral for tokenized stocks, stating that Superstocks is a product that combines automated on-chain revenue strategies. Superform plans to gradually activate additional products starting with SuperNVDA.

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