High-performance crosschain brokerage

Financial brokerage refers to the act of matching the borrowers and lenders in an asset transaction at a fee. TownSquare's brokerage market allows for asset brokeraging across a variety of chains. Only performant chains are currently supported to offer the speed and performance on par with the transaction speed in TradFi engines.

TownSquare markets are distinctive in the following characteristics:

• Decentralized and non-custorial: the infrastructure lives onchain as autonomous smart contracts that execute transactions without owning the assets involved in the transactions.

• Permissionless: any individual and entity can deploy on TownSquare's permissionless market.

• High-performant crosschain brokering: asset brokering in DeFi is mostly restricted to single chain asset swaps, hampered by the performance differentials of different chains, resulting in inconsistent brokerage user experience. TownSquare's brokerage infrastructure supports sub-second asset borrows and lends between performant chains, currently including BNBChain, Base and Monad.

• Crosschain pools: Asset A on Chain 1 can be used to borrow Asset B on Chain 2, while keeping the yield on Chain 1 and borrowing on Asset C on Chain 1 simulataneously.

• Crosschain liquidations: supported by crosschain pools and performant chains, crosschain liquidations are possible to maximize liquidator inventory utilization.

• High capital efficiency for correlated assets: Efficiency Mode on TownSquare unlocks up to 95% loan-to-value ratio for assets in correlation, compared to the 85% efficiency offered in other markets.

• RWA support: RWAs supported on TownSquare yield vaults are supported seamless on TownSquare brokerage, offering opportunities unavailable elsewhere.