What is The Bag?

The Bag is the central liquidity management module in Ethring, designed to streamline interactions with protocol smart contracts and serve as middleware for depositing and withdrawing liquidity. This interface is built with modularity in mind and integrates key services such as liquidity aggregation, transaction signing, routing, network and token selection, and real-time balance and yield tracking. The uniqueness of The Bag lies in its accessibility—it’s always within reach, no matter where you are on the platform. It supports all asset types and token standards, making it a flexible and scalable solution for advanced DeFi strategies.

How does it work?

Select an asset → click Deposit (or Withdraw if you’re moving liquidity) → choose a network and token → enter the amount → the system automatically finds the optimal route → sign the transaction in your Web3 wallet → wait for confirmation → your balance updates, and yield starts accruing.

The Bag handles all the complexities of liquidity management, allowing users to interact with DeFi seamlessly while optimizing their strategies for maximum efficiency.