The act of achieving a riskless profit
The degree to which the capital invested is able to generate income
An asset used as a guarantee against insolvency to borrow another one
The number of tokens posted as collateral
The ratio between the dollar value of the asset posted as collateral and the dollar value of the borrowed asset
The number of borrowed tokens
A mechanism that allows users to restore the peg by exchanging the pegged asset with its underlying backing asset
A token that is minted and repaid in one block
A method through which a user manages more money that what initially committed by taking debt
The resulting APR is based on your collateral deposit and target leverage.
If the oracle price of the contract reaches below the liquidation price, your position will be liquidated.
LSDs (Liquid Staking Derivatives) are tokens issued by liquid staking platforms. They are also known as liquid staking tokens.
The party in charge of providing real-time prices of assets sourced from different exchanges
A rule that imposes the value of an asset to be equal or anchored to the value of another asset
The creation of a debt originated by a borrower minting an asset from a protocol against another asset posted as collateral for the debt
Price impact is the difference between the quoted market price and the final price of the trade. This is impacted by the liquidity in the specific trading pair.
The act of burning a token to repossess the underlying collateral asset
A mechanism that encourages users to restore the peg through an incentivizing mechanism design
The total costs for the One-step leverage transaction, including flash mint fee, borrowing fee, swap fee and price impact.
The act of creating a new token which holds another token as underlying asset