Escher.Finance
  • 🖐️General
    • Introduction - What is Escher.Finance
    • Liquid staking with Escher
    • Native staking
  • 🪙Escher assets
    • eU - LST for Union chain
    • eBaby - LST for Babylon chain
  • 🏗️Architecture
    • System overview
    • Liquid Staking protocol
    • Hidden Layer Contract
    • Union Interoperability
  • 🔑Key features
    • Voyager
    • Authz (Paymaster)
    • Full Interoperability
    • Connecting Chains: From PFM to PMF & ICA as Router
    • ICA Controller
    • Account Abstraction
  • 📐Fundamental info
    • What is Chain Abstraction
    • What is Nomos and Seamless Direct dApp Connectivity
    • What is Union
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  • Overview
  • How eU Works
  • Key Benefits of eU
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  1. Escher assets

eU - LST for Union chain

Overview

eU is the liquid staking token (LST) for the Union Chain, designed to provide users with seamless staking while maintaining liquidity. Instead of locking up assets in traditional staking, eU enables users to stake their tokens on Union, receive a liquid representation of their stake, and use it across DeFi protocols without sacrificing staking rewards.

Escher's hidden layer architecture powers eU, ensuring efficient staking, instant liquidity, and deep interoperability across multiple blockchain ecosystems.

How eU Works

When a user stakes U tokens on the Union Chain via Escher, they receive eU in return, which represents their staked position. This LST accrues staking rewards over time, maintaining a 1:1 redeemability with the underlying U tokens, adjusted for staking yield.

The Process:

  1. Stake U Tokens – Users deposit U tokens into the Escher liquid staking contract.

  2. Receive eU – The protocol mints and issues eU tokens to the user, reflecting their staked balance.

  3. Use eU in DeFi – eU can be used across lending, borrowing, trading, and yield farming within the Union ecosystem and beyond.

  4. Redeem eU for U – When a user wants to unstake, they can return eU and receive their original U tokens plus accrued staking rewards.

Key Benefits of eU

For Users:

  • Liquidity & Flexibility – Stake without locking assets; continue using capital in DeFi.

  • Yield Optimization – Earn staking rewards while leveraging eU for additional yield-generating strategies.

  • Seamless Staking Experience – No need to manage multiple wallets or interact directly with staking contracts.

  • connect to all Defi protocol - connect to Defi protocols out side of the Cosmos ecosystem.

For the Union Chain:

  • Enhanced Network Security – More staking participation strengthens the security of the Union Chain.

  • Deeper DeFi Liquidity – eU increases capital efficiency, driving liquidity across Union-based DeFi protocols.

  • Interoperability – eU can be utilized across multiple blockchain ecosystems, bringing more users and activity to Union.

Network info:

  • Liquid Stake Time: Immediate

  • Unstake Time: 21 days

  • Fee: 10%

  • Intent Available: Yes

  • Stake with Other Tokens: USDC, ETH

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