Risky Earn
Risky Earn Overview
Define an asset price target. Earn risky yield on your capital at risk.
Placing Risky Earn Orders
In the Stories tab, select Risky Earn | Riskless Earn
Enter your order parameters
Type: Select "Risky Earn"
Risk/Capital at Risk: The amount at risk. User can choose WETH or USDC
Target Price: Select a target price under which your capital is at risk
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
Risky Earn Contract
Products
Earn
Payout Formula
Target Price
If reference price at expiry > target price
Receive target price in USDC + USDC premium
If reference price at expiry < target price
Receive USDC risk amount in WETH equivalents + USDC premium
Order entry: risk in USDC or risk in WETH
Target price
Desired APY = premium / risk 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
Risk Amount = Target Price
Collateral Management
Fully collateralized, pre-funded
Multiplier
1
Target Price
Fixed standardized published levels
Reference Price
ITHACA Reference Fixing
Expiry Time
1st focal auction on relevant expiry Friday
Last updated