dLOOP is a series of ERC-4626 vaults that offer automated yield-looping strategies with targeted leverage and tradable receipt tokens (loopcoins). These vaults are powered by yield-bearing collateral and subsidized loans from dLEND, providing users with super efficient access to leverage and yield amplification.
Loopcoins are akin to leveraged ETFs in TradFi. They are designed to simplify the looping process through a one-click user experience. dLOOP vault tokens can be supplied in other protocols to unlock more utilities and opportunities as well.