📗
Ithaca Docs
  • Overview
    • Ithaca Overview
    • Official Links
  • Architecture
    • Pre-Match Processing
      • Frequent Batch Auctions (FBA)
        • Auction Specifications
        • Common Product Specifications
        • Orders
      • Risk Sharing Building Blocks (RSBB)
      • Mixed Integer Linear Programming (MILP) Optimization
      • Portfolio Dominance
      • Matching Process Summary
    • Post-Match Processing
      • Settlement
      • User Funds
      • Collateral Optimization Engine
        • Trade Collateralization
        • Portfolio Collateralization
          • Example 1
          • Example 2
  • Ithaca App
    • Get Started
      • Connect to the Ithaca App
      • Depositing Arbitrum USDC and WETH
      • Depositing Other Funds and Funds From Other Chains
      • Choose Your Journey and Get Started
    • App Overview
    • Dashboard
    • Trading
      • Market
        • Options
        • Digital Options
        • Forwards
      • Stories
        • Bet
        • Risky Earn
        • Riskless Earn
        • No Gain, No Payin’
        • Bonus | Twin-Win
        • Barriers
          • Up-and-In Call Option
          • Up-and-Out Call Option
          • Down-and-In Put Option
          • Down-and-Out Put Option
      • Position Builder
      • Dynamic Option Strategies
        • Spreads
        • Risk Reversal
        • Ladders
        • Straddles & Strangles
        • Condors
        • Butterflies
    • Analytics
    • Staking
  • Ecosystem
    • Progressive Decentralization
    • Airdrops
      • Season One
        • Earning Points
        • Trading Points
          • Fills
          • Orders
          • Bespoke Trading Incentives
        • Engagement Points
          • Social Engagement
          • Referrals
        • Badges and Special Points
        • Point Activation - Sybil Resistance
        • Halvings
        • Get Started - Points
      • $ITHACA Airdrop Claim Instructions
    • Fees
  • Agents
    • Agents Overview
    • Fee System
    • FAQ
Powered by GitBook
On this page
  • Riskless Earn Overview
  • Placing Riskless Earn Orders
  • Riskless Earn Contract

Was this helpful?

  1. Ithaca App
  2. Trading
  3. Stories

Riskless Earn

PreviousRisky EarnNextNo Gain, No Payin’

Last updated 1 year ago

Was this helpful?

Riskless Earn Overview

Earn yield on your collateralized loan (no margin liquidation risk)

Placing Riskless Earn Orders

  • In the Stories tab, select Risky Earn | Riskless Earn

  • Enter your order parameters

    • Type: Select "Riskless Earn"

    • Lend: The amount at risk in USDC

    • Target Earn: The limit order equivalent that will define what will the user earn at expiry depending on Eth price at expiry

  • Verity Order Summary

    • Order limit: Order price

    • Collateral requirement: The amount required to be locked so as to ensure that the order enters the auction.

    • Platform fee: Fee to be paid in case of execution.

    • Total premium: The total to be paid net of fees.

  • "Submit to Auction" and approve your transaction in your wallet

Riskless Earn Contract

Item
Description

Products

Earn

Payout Formula

Capital x ( 1 + Target yield )

Order entry: desired APY

Desired APY = premium / capital in USDC equivalent

Underlying

WETH/USDC

Settlement Style

Cash or ETH

Exercise Style

European, auto-exercised

Premium Currency

USDC

Settlement Currency

USDC or WETH

Strike Currency

USDC

Collateral Currency

USDC or WETH

Collateral Amount

Collateral Management

Fully collateralized, pre-funded

Multiplier

1

Strike Price

Fixed standardized published levels

Expiry Time

1st focal auction on relevant expiry Friday

Expiry Dates

( Ithaca Expiry )