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
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 )
Last updated