# Abstract

**Pumpkin** is a native-based liquidity provision and liquid re-staking protocol built on the **Metis Ecosystem**. Within it's core, **Pumpkin** is essentially a native fork of **Artichoke**, a protocol that has already demonstrated traction and track record on the **Arbitrum Blockchain**.

Unlike many other protocols, **Pumpkin** provides a one-sided liquidity layer to any ERC-20 on top of any well-known decentralized exchange, by using a collateralized debt position in conjunction with an **omnipool**.

AMMs, LPs and staking protocols have been widely used throughout the crypto ecosystem since inception. This is due to its simplicity and straight-forward, permissionless liquidity provision for new assets created on-chain. Regardless its widespread adoption, interacting with LPs, and staking itself, are not financially efficient and far from a flawless experience.​

Several protocols such as **Uniswap** have improved LPs from V2 to V3 introducing range orders and one-sided liquidity provision. However, improvements are still **not as efficient** as we expected. Newer projects find really hard to build new and strong liquidity pools without giving up initial incentives.​

**Pumpkin** attempts to solve this issue by building a single-sided LP protocol (SSLP) for staking assets, without the need to provide an stable USD-pegged liquidity on the first stage of the protocol cycle.​​

**Disclosure:** *Theoretical statements are constantly subject to improvement, which means they can be changed without prior notice. We’ll keep updating the community on our usual channels.*<br>