User Guides
Last updated
Last updated
becoming protected against depegs
Automatic
Go to the of your desired asset
Select DP version of the given asset and press buy This will go through all the steps explained in the "Manual" buying mode described below
Manual
Go to the of your desired asset
Split the desired amount of tokens, you will receive DP + YB tokens.
Go to the of the given asset
Swap YB tokens for DP tokens, now your full position is depeg protected
Note
Manual mode is advantageous only if you believe that swap price will be better in the future, or want to swap the YB asset using limit order
selling protection against depegs & earning additional yield
Automatic
Select YB version of the given asset and press buy This will go through all the steps explained in the "Manual" buying mode described below
Manual
Split the desired amount of tokens, you will receive DP + YB tokens
Swap DP tokens for YB tokens, now your full position is yield boosted, earning additional yield and providing depeg protection
Note
Manual mode is advantageous only if you believe that swap price will be better in the future, or want to swap the DP asset using limit order
earning trading fees from users buying & selling depeg protection
Steps
Split the desired amount of tokens, you will receive DP + YB tokens
Click on "Provide Liquidity" button, now you are earning additional yield from every depeg pool swap
Note
Note that if pool becomes unbalanced and a depeg event occurs, you can experience some loss, usually much smaller (strictly smaller) than if holding YB assets only. In most cases this loss will be equivalent to just holding the underlying asset without the protection. In rare cases it could be closer to holding YB assets
Arbitrage: Profit from mispricing between Depeg Protected Asset/Yield Boosted Asset and Principal Token/Yield Token markets
Go to the of your desired asset
Go to the of your desired asset
Go to the of the given asset
Go to the of your desired asset
Go to the of the given asset