Risky Earn

Define an asset price target.

Earn risky yield on your capital at risk.

Description

i. Risk (ETH/USDC) Now -> {Risk (ETH/USDC) + Return (USDC)} @ <Expiry>.

ii. Select (ETH) Target Price.

iii.

- If ETH price @ <Expiry> < Target Price, receive Risk equivalent worth of (ETH) + Return in (USDC).

- If ETH price @ <Expiry> > Target Price, receive Risk equivalent worth of (USDC) + Return in (USDC).

User decides on whether they want to risk ETH or USDC ( that user already holds ). User decides a target price which will comprise the target sell price of the underlying user owns or the target buy price of the underlying user does not own yet.

Earn is the limit order equivalent that will define what will the user earn at expiry depending on Eth price at expiry