A protocol upgrade addresses liquidity constraints in tokenized positions. By wrapping $BGT into an ERC-6551 compliant token-bound account (TBA), the solution transforms previously illiquid holdings into tradable assets. This removes the traditional trilemma faced by staked or locked positions—holders no longer need to choose between burning tokens, swapping for liquid staking derivatives, or accepting permanent soul-bound restrictions. The mechanism preserves position ownership while enabling secondary market participation, creating more capital-efficient alternatives for users managing long-term protocol engagement.
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RektRecorder
· 6h ago
Wow, has someone finally broken the staking dilemma? Packaging BGT as TBA to directly activate it, no longer needing to choose between burning tokens, liquidity derivatives, and permanent binding... Now that's true capital efficiency, my friend.
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SlowLearnerWang
· 6h ago
This TBA routine is back again. If I had known earlier, I wouldn't have locked so much... Now you're saying it can be traded?
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Liquidated_Larry
· 6h ago
ngl this is exactly what I've been waiting for, finally able to activate the locked BGT.
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FalseProfitProphet
· 7h ago
It's the same old trick again, packaging it as TBA to solve liquidity? Is it true or false? Can it beat LSD this time?
A protocol upgrade addresses liquidity constraints in tokenized positions. By wrapping $BGT into an ERC-6551 compliant token-bound account (TBA), the solution transforms previously illiquid holdings into tradable assets. This removes the traditional trilemma faced by staked or locked positions—holders no longer need to choose between burning tokens, swapping for liquid staking derivatives, or accepting permanent soul-bound restrictions. The mechanism preserves position ownership while enabling secondary market participation, creating more capital-efficient alternatives for users managing long-term protocol engagement.