The thesis
Emissions on a new chain concentrate around the assets people actually want to trade. Bluechip captures that yield while keeping the underlying exposure to things you’d arguably want to hold anyway. If the reward token of a venue goes to zero, you are still holding majors.Temperament
- Deeper pools, wider ranges. Positions are placed to stay productive through normal volatility rather than chasing every tick.
- Lower churn. Rebalancing and rotation happen when the economics demand it, not on a schedule.
- Compounding by default. Harvested rewards are converted and folded back into positions.