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 ) |
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