Risky Earn
Last updated
Last updated
Define an asset price target. Earn risky yield on your capital at risk.
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
| Item | Description |
|---|---|
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 |