Staked assets, restaking tokens, yield-bearing stablecoins, productive LP positions: serious onchain capital now earns by default. The question that defined the last cycle, how to make capital productive, is answered.
Deposit supported collateral and you keep a liquid claim on your principal through Principal Tokens: no lockups, no maturities, no withdrawal queues. The yield is separated from the principal and routed by one fixed rule: half buys and burns STRIP, half compounds the collateral base that produces the next cycle.Your yield stops being income that evaporates. It becomes a recurring, protocol-level bid for the token, and a larger base earning the next round.
Strip does not pretend this is free. You route your yield into the loop, and in exchange you compete for STRIP emissions: ownership of the machine your yield powers. The earliest and most sustained participants earn the largest share, amplified up to 20x by Lockless Boost, and capital is never trapped while they compete. What other systems extract with lockups, Strip earns with a choice that stays open every day.
Your yield is not sold to someone else, and no tokens are sold to fund a treasury. The protocol buys its own token with realized output and burns it, cycle after cycle, verifiably. Demand for STRIP is not a promise about the future; it is a routing rule running today, visible on the transparency dashboard.
Collateral produces yield. Yield buys and burns STRIP and compounds the base. A bigger base produces more yield. Emissions hand ownership of that loop to the people who keep it running.Strip gives assets that produce value a destination.
