Riskless Earn

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 )