Please contact the owner of the site that linked you to the original URL and let them know their link is broken.
diff --git a/assets/js/3bc690f2.3422479d.js b/assets/js/3bc690f2.3422479d.js
deleted file mode 100644
index cd1d555..0000000
--- a/assets/js/3bc690f2.3422479d.js
+++ /dev/null
@@ -1 +0,0 @@
-"use strict";(self.webpackChunknimbora_yield_dex=self.webpackChunknimbora_yield_dex||[]).push([[8036],{9301:(e,t,i)=>{i.r(t),i.d(t,{assets:()=>a,contentTitle:()=>o,default:()=>h,frontMatter:()=>r,metadata:()=>l,toc:()=>c});var n=i(4848),s=i(8453);const r={id:"liquity",title:"Liquity Strategy",sidebar_position:1},o=void 0,l={id:"concepts/products/borrow/liquity",title:"Liquity Strategy",description:"Liquity strategy allows users to borrow LUSD, a stablecoin pegged to the U.S. dollar, using ETH as collateral. This strategy is beneficial for users who want to leverage their assets without selling them. If ETH value goes up while the loan is active, repaying it becomes more profitable as users get back their ETH, now more valuable. On top of this, participating in this strategy now comes with a bonus: a ~45% APR in STRK tokens, paid out every two weeks, thanks to the DeFi Spring initiative.",source:"@site/docs/concepts/products/borrow/01-statregy-lusd.md",sourceDirName:"concepts/products/borrow",slug:"/concepts/products/borrow/liquity",permalink:"/docs/concepts/products/borrow/liquity",draft:!1,unlisted:!1,editUrl:"https://github.com/0xSpaceShard/nimbora_yields_l2/docs/concepts/products/borrow/01-statregy-lusd.md",tags:[],version:"current",sidebarPosition:1,frontMatter:{id:"liquity",title:"Liquity Strategy",sidebar_position:1},sidebar:"strategiesSidebar",previous:{title:"npfUSDC Strategy",permalink:"/docs/concepts/products/earn/pendle_lp_integration/npfUSDC"},next:{title:"Useful Links",permalink:"/docs/concepts/links"}},a={},c=[{value:"What is Liquity?",id:"what-is-liquity",level:3},{value:"What is LUSD",id:"what-is-lusd",level:3},{value:"What is the LUSD contract on Starknet",id:"what-is-the-lusd-contract-on-starknet",level:3},{value:"How frequently are borrows processed?",id:"how-frequently-are-borrows-processed",level:3},{value:"Do I really pay no interests on Liquity?",id:"do-i-really-pay-no-interests-on-liquity",level:3},{value:"I don\u2019t have enough LUSD to pay my debt, what can I do?",id:"i-dont-have-enough-lusd-to-pay-my-debt-what-can-i-do",level:3},{value:"Understanding Risks Associated with Liquity",id:"understanding-risks-associated-with-liquity",level:3},{value:"Vigilant Surveillance:",id:"vigilant-surveillance",level:3}];function d(e){const t={a:"a",h3:"h3",li:"li",ol:"ol",p:"p",strong:"strong",ul:"ul",...(0,s.R)(),...e.components};return(0,n.jsxs)(n.Fragment,{children:[(0,n.jsxs)(t.p,{children:[(0,n.jsx)(t.strong,{children:"Liquity strategy allows users to borrow LUSD"}),", a stablecoin pegged to the U.S. dollar, using ETH as collateral. This strategy is beneficial for users who want to leverage their assets without selling them. If ETH value goes up while the loan is active, repaying it becomes more profitable as users get back their ETH, now more valuable. On top of this, participating in this strategy now comes with a bonus: a ~45% APR in STRK tokens, paid out every two weeks, thanks to the ",(0,n.jsx)(t.a,{href:"https://medium.com/@Nimbora/defi-spring-just-got-better-earn-strk-with-nimbora-x-liquity-d7e881f22c38",children:"DeFi Spring initiative."})]}),"\n",(0,n.jsx)(t.h3,{id:"what-is-liquity",children:"What is Liquity?"}),"\n",(0,n.jsx)(t.p,{children:"-Liquity is an interest-free borrowing protocol on Ethereum. Liquity offers decentralized, interest-free loans in LUSD against Ether collateral, requiring a minimum 110% collateral ratio."}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"Loan security is enhanced by a Stability Pool with LUSD and collective backing from borrowers as ultimate guarantors."}),"\n"]}),"\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"The protocol is non-custodial, immutable, and operates without governance."}),"\n"]}),"\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"It is highly secure, has several audits, and tops Defi Safety\u2019s security list."}),"\n"]}),"\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"Additional resources about Liquity:"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsx)(t.li,{children:(0,n.jsx)(t.a,{href:"https://www.liquity.org/",children:"Website"})}),"\n",(0,n.jsx)(t.li,{children:(0,n.jsx)(t.a,{href:"https://docs.liquity.org/",children:"Docs"})}),"\n",(0,n.jsx)(t.li,{children:(0,n.jsx)(t.a,{href:"https://dune.com/liquity/liquity",children:"Analytics"})}),"\n",(0,n.jsx)(t.li,{children:(0,n.jsx)(t.a,{href:"https://twitter.com/LiquityProtocol",children:"Liquity on Twittter"})}),"\n"]}),"\n"]}),"\n"]}),"\n",(0,n.jsx)(t.h3,{id:"what-is-lusd",children:"What is LUSD"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"LUSD is a stablecoin pegged to the US Dollar. It serves as the payment medium for loans in the Liquity protocol, offering redemption against collateral at face value."}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"LUSD can be only minted against ETH, making it very resilient and independent of any centralized parties. Due to this it is a very popular treasury asset, but also across protocols and LP pools on mainnet and many L2\u2019s."}),"\n"]}),"\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsxs)(t.p,{children:["Additional resources about ",(0,n.jsx)(t.a,{href:"https://docs.liquity.org/faq/general#what-are-lusd-and-lqty",children:"LUSD"})]}),"\n"]}),"\n"]}),"\n"]}),"\n"]}),"\n",(0,n.jsx)(t.h3,{id:"what-is-the-lusd-contract-on-starknet",children:"What is the LUSD contract on Starknet"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"LUSD contract on Starknet is: 0x070a76fd48ca0ef910631754d77dd822147fe98a569b826ec85e3c33fde586ac"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["All official Liquity contracts can be found ",(0,n.jsx)(t.a,{href:"https://docs.liquity.org/documentation/resources#contract-addresses",children:"here"}),"."]}),"\n"]}),"\n"]}),"\n"]}),"\n",(0,n.jsx)(t.h3,{id:"how-frequently-are-borrows-processed",children:"How frequently are borrows processed?"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsx)(t.li,{children:"Borrow takes a day to be processed."}),"\n"]}),"\n",(0,n.jsx)(t.h3,{id:"do-i-really-pay-no-interests-on-liquity",children:"Do I really pay no interests on Liquity?"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"Yes, really! Liquity charges no interest, ever."}),"\n"]}),"\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsxs)(t.p,{children:["You pay only a one-off fee when opening the loan. This fee is almost always 0.50% but can go slightly higher at times. Read more about it ",(0,n.jsx)(t.a,{href:"https://docs.liquity.org/faq/borrowing",children:"here"}),"."]}),"\n"]}),"\n"]}),"\n",(0,n.jsx)(t.h3,{id:"i-dont-have-enough-lusd-to-pay-my-debt-what-can-i-do",children:"I don\u2019t have enough LUSD to pay my debt, what can I do?"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["If you don\u2019t have enough LUSD in your account you can use the ",(0,n.jsx)(t.a,{href:"https://starkgate.starknet.io/",children:"Starkgate"})," bridge to bridge the LUSD amount required to pay your debt and get back your collateral."]}),"\n"]}),"\n",(0,n.jsx)(t.h3,{id:"understanding-risks-associated-with-liquity",children:"Understanding Risks Associated with Liquity"}),"\n",(0,n.jsxs)(t.ol,{children:["\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Smart Contract Risk"}),":"]}),"\n"]}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsx)(t.li,{children:"Liquity, like any other DeFi protocol, is vulnerable to smart contract exploits. Despite efforts to audit and secure the smart contracts, there remains a risk of undiscovered vulnerabilities. Exploits can lead to loss of funds or manipulation of the protocol."}),"\n"]}),"\n",(0,n.jsxs)(t.ol,{start:"2",children:["\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Liquidation Risk"}),":"]}),"\n"]}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsx)(t.li,{children:"When users create a trove in Liquity, they must maintain a collateral ratio of at least 110%. Troves that fall below this threshold are subject to liquidation."}),"\n"]}),"\n",(0,n.jsxs)(t.p,{children:[(0,n.jsx)(t.strong,{children:"Process"}),":"]}),"\n",(0,n.jsxs)(t.ol,{children:["\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Stability Pool Usage"}),": The system uses funds from the Stability Pool to cancel the debt of undercollateralized troves."]}),"\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Redistribution Mechanism"}),": If the Stability Pool lacks sufficient funds, a redistribution mechanism is activated, spreading the debt and collateral of liquidated troves among all trove holders."]}),"\n"]}),"\n",(0,n.jsxs)(t.p,{children:[(0,n.jsx)(t.strong,{children:"Penalty"}),":\nUsers facing liquidation may incur a penalty of up to 10%, which incentivizes them to maintain a safe collateral ratio."]}),"\n",(0,n.jsxs)(t.ol,{start:"3",children:["\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Redemption Risk"}),":"]}),"\n"]}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsx)(t.li,{children:"Liquity allows direct redemption of LUSD stablecoins for the underlying collateral, Ether. This process carries certain risks for borrowers."}),"\n"]}),"\n",(0,n.jsxs)(t.p,{children:[(0,n.jsx)(t.strong,{children:"Process"}),":"]}),"\n",(0,n.jsxs)(t.ol,{children:["\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Debt Cancellation"}),": Redeeming LUSD cancels debt from the riskiest trove in the system, i.e., the trove with the lowest collateral ratio."]}),"\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Collateral Transfer"}),": The redeemer receives a corresponding amount of Ether from the trove used for debt cancellation."]}),"\n"]}),"\n",(0,n.jsxs)(t.p,{children:[(0,n.jsx)(t.strong,{children:"Impact"}),":\nRedemptions reduce the borrower's leverage and increase the overall collateral ratio of the system. While there's no additional penalty for borrowers, redemptions can lead to collateral loss and deleveraging of positions."]}),"\n",(0,n.jsx)(t.h3,{id:"vigilant-surveillance",children:"Vigilant Surveillance:"}),"\n",(0,n.jsx)(t.p,{children:"In the realm of Nimbora, your trove's collateralization ratio is closely monitored by the protocol itself. While you can't directly alter this ratio, rest assured that Nimbora diligently adjusts the risk levels to safeguard against potential liquidations or redemptions."})]})}function h(e={}){const{wrapper:t}={...(0,s.R)(),...e.components};return t?(0,n.jsx)(t,{...e,children:(0,n.jsx)(d,{...e})}):d(e)}},8453:(e,t,i)=>{i.d(t,{R:()=>o,x:()=>l});var n=i(6540);const s={},r=n.createContext(s);function o(e){const t=n.useContext(r);return n.useMemo((function(){return"function"==typeof e?e(t):{...t,...e}}),[t,e])}function l(e){let t;return t=e.disableParentContext?"function"==typeof e.components?e.components(s):e.components||s:o(e.components),n.createElement(r.Provider,{value:t},e.children)}}}]);
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+"use strict";(self.webpackChunknimbora_yield_dex=self.webpackChunknimbora_yield_dex||[]).push([[7245],{552:(e,t,o)=>{o.r(t),o.d(t,{assets:()=>l,contentTitle:()=>i,default:()=>d,frontMatter:()=>n,metadata:()=>a,toc:()=>c});var s=o(4848),r=o(8453);const n={id:"borrow",title:"Borrow",sidebar_position:3},i=void 0,a={id:"concepts/guide/borrow",title:"Borrow",description:"Liquity strategy allows users to borrow LUSD, a stablecoin pegged to the U.S. dollar, using ETH as collateral. This strategy is beneficial for users who want to leverage their assets without selling them. If ETH value goes up while the loan is active, repaying it becomes more profitable as users get back their ETH, now more valuable. On top of this, participating in this strategy now comes with a bonus: a ~29% APR in STRK tokens, provided by the Starknet Foundation as a part of the DeFi Spring 2.0 that are claimable every two weeks.",source:"@site/docs/concepts/guide/03-borrow.md",sourceDirName:"concepts/guide",slug:"/concepts/guide/borrow",permalink:"/docs/concepts/guide/borrow",draft:!1,unlisted:!1,editUrl:"https://github.com/0xSpaceShard/nimbora_yields_l2/docs/concepts/guide/03-borrow.md",tags:[],version:"current",sidebarPosition:3,frontMatter:{id:"borrow",title:"Borrow",sidebar_position:3},sidebar:"strategiesSidebar",previous:{title:"Earn",permalink:"/docs/concepts/guide/earn"},next:{title:"Points",permalink:"/docs/concepts/guide/points"}},l={},c=[{value:"Understanding the Borrow Section",id:"understanding-the-borrow-section",level:2},{value:"Which trove should you select?",id:"which-trove-should-you-select",level:3},{value:"How to borrow",id:"how-to-borrow",level:2},{value:"Repay the Loan",id:"repay-the-loan",level:2}];function h(e){const t={a:"a",h2:"h2",h3:"h3",img:"img",p:"p",strong:"strong",...(0,r.R)(),...e.components};return(0,s.jsxs)(s.Fragment,{children:[(0,s.jsxs)(t.p,{children:[(0,s.jsx)(t.strong,{children:"Liquity strategy allows users to borrow LUSD"}),", a stablecoin pegged to the U.S. dollar, using ETH as collateral. This strategy is beneficial for users who want to leverage their assets without selling them. If ETH value goes up while the loan is active, repaying it becomes more profitable as users get back their ETH, now more valuable. On top of this, participating in this strategy now comes with a bonus: a ~29% APR in STRK tokens, provided by the Starknet Foundation as a part of the ",(0,s.jsx)(t.a,{href:"https://medium.com/@Nimbora/introducing-defi-spring-2-0-bigger-bolder-better-364bb96b02d6",children:"DeFi Spring 2.0"})," that are claimable every two weeks."]}),"\n",(0,s.jsx)(t.h2,{id:"understanding-the-borrow-section",children:"Understanding the Borrow Section"}),"\n",(0,s.jsx)(t.p,{children:"There are 2 cards (troves) with 2 different TCR (total collateral ratio). The CR is not fixed, as its value is pegged to the ETH price. That is why the screenshot below might not match the current numbers you will see once you open the troves."}),"\n",(0,s.jsx)(t.p,{children:(0,s.jsx)(t.img,{alt:"Untitled",src:o(310).A+"",width:"1041",height:"622"})}),"\n",(0,s.jsxs)(t.p,{children:[(0,s.jsx)(t.strong,{children:"TCR is the percentage of assets you need to lock up as collateral when borrowing"}),". If you want to borrow $100 and the TCR is 676%, you must provide $676 worth of assets as collateral."]}),"\n",(0,s.jsxs)(t.p,{children:["Lets take as an example this image above - trove 604 TCR will require ",(0,s.jsx)(t.strong,{children:"less collateral"})," compared to Trove 910 CR, but Trove 910 TCR is ",(0,s.jsx)(t.strong,{children:"more secure"})," than Trove 604 ."]}),"\n",(0,s.jsx)(t.p,{children:"Consider this scenario: if all troves were open when the ETH price was at $1600, Trove 910 would have a higher tolerance for price fluctuations compared to Trove 604, allowing it to withstand a more significant drop in ETH price before facing liquidation."}),"\n",(0,s.jsx)(t.p,{children:"Once the collateral is deposited and locked, users can borrow against it according to the platform's loan-to-value ratio. If the value of the collateral falls below certain thresholds, the system may automatically liquidate the assets to repay the loan."}),"\n",(0,s.jsx)(t.h3,{id:"which-trove-should-you-select",children:(0,s.jsx)(t.strong,{children:"Which trove should you select?"})}),"\n",(0,s.jsx)(t.p,{children:"This depends on how much LUSD you want to borrow and ongoing initiatives."}),"\n",(0,s.jsxs)(t.p,{children:["The left trove offers a unique opportunity for users to borrow with minimal transaction costs, subsidized by the ",(0,s.jsx)(t.a,{href:"https://medium.com/@Nimbora/defi-spring-just-got-better-earn-strk-with-nimbora-x-liquity-d7e881f22c38",children:"Nimbora x Liquity"})," collaboration."]}),"\n",(0,s.jsx)(t.h2,{id:"how-to-borrow",children:"How to borrow"}),"\n",(0,s.jsx)(t.p,{children:"Enter the amount you want to supply or click on the buttons to set a desired percentage of your balance you want to deposit. You can also directly enter the amount of LUSD you want to borrow, both fields can be used."}),"\n",(0,s.jsx)(t.p,{children:(0,s.jsx)(t.img,{alt:"alt",src:o(3402).A+"",width:"2134",height:"1078"})}),"\n",(0,s.jsx)(t.p,{children:'Finally, when you\'ve selected the amount, click on "borrow" and follow the prompts on your wallet (Argent or Braavos) to complete the transaction.'}),"\n",(0,s.jsx)(t.p,{children:(0,s.jsx)(t.img,{alt:"alt",src:o(9692).A+"",width:"2676",height:"1078"})}),"\n",(0,s.jsx)(t.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,s.jsx)(t.p,{children:(0,s.jsx)(t.img,{alt:"alt",src:o(816).A+"",width:"670",height:"268"})}),"\n",(0,s.jsx)(t.p,{children:"You can consult all of your recent borrow in the wallet sections, your transaction should be here."}),"\n",(0,s.jsx)(t.p,{children:(0,s.jsx)(t.img,{alt:"alt",src:o(9893).A+"",width:"974",height:"270"})}),"\n",(0,s.jsx)(t.p,{children:"And that's it, your borrow request has been sent, you can see it in pending orders section."}),"\n",(0,s.jsx)(t.p,{children:(0,s.jsx)(t.img,{alt:"alt",src:o(7154).A+"",width:"998",height:"282"})}),"\n",(0,s.jsx)(t.p,{children:"Borrow should be processed within a day, LUSD will be directly sent to your wallet."}),"\n",(0,s.jsx)(t.h2,{id:"repay-the-loan",children:"Repay the Loan"}),"\n",(0,s.jsx)(t.p,{children:"First, you need to decide on the amount you want to repay. This could be all of your debt or only a portion of it."}),"\n",(0,s.jsx)(t.p,{children:(0,s.jsx)(t.img,{alt:"alt",src:o(2422).A+"",width:"2316",height:"918"})}),"\n",(0,s.jsx)(t.p,{children:"Once you've made up your mind, locate and click on the 'repay' button and follow the prompts on your wallet (Argent or Braavos) to complete the transaction."}),"\n",(0,s.jsx)(t.p,{children:(0,s.jsx)(t.img,{alt:"alt",src:o(3328).A+"",width:"2316",height:"1012"})}),"\n",(0,s.jsx)(t.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,s.jsx)(t.p,{children:(0,s.jsx)(t.img,{alt:"alt",src:o(6396).A+"",width:"678",height:"238"})}),"\n",(0,s.jsx)(t.p,{children:"You can consult all of your recent repays in the wallet sections, your transaction should be here."}),"\n",(0,s.jsx)(t.p,{children:(0,s.jsx)(t.img,{alt:"alt",src:o(547).A+"",width:"974",height:"282"})}),"\n",(0,s.jsx)(t.p,{children:"And that's it, your repay request has been sent, you can see it in pending orders section."}),"\n",(0,s.jsx)(t.p,{children:(0,s.jsx)(t.img,{alt:"alt",src:o(6974).A+"",width:"998",height:"574"})}),"\n",(0,s.jsx)(t.p,{children:"Repay should be processed within a day, ETH will be directly sent to your wallet."})]})}function d(e={}){const{wrapper:t}={...(0,r.R)(),...e.components};return t?(0,s.jsx)(t,{...e,children:(0,s.jsx)(h,{...e})}):h(e)}},310:(e,t,o)=>{o.d(t,{A:()=>s});const s=o.p+"assets/images/borrow-9fd6760420993e4b45318b147f016299.png"},9893:(e,t,o)=>{o.d(t,{A:()=>s});const s=o.p+"assets/images/cborrow-ff7c3058e6326d535fd19f82dfc1f8be.png"},547:(e,t,o)=>{o.d(t,{A:()=>s});const s=o.p+"assets/images/crepay-7f66882a9d5d21530962e6455fdfde79.png"},816:(e,t,o)=>{o.d(t,{A:()=>s});const s=o.p+"assets/images/fborrow-5b8541fc949d92743e9d4b401873e954.png"},6396:(e,t,o)=>{o.d(t,{A:()=>s});const s=o.p+"assets/images/frepay-efe06924436f6dd3de1481c0bcac122b.png"},3402:(e,t,o)=>{o.d(t,{A:()=>s});const s=o.p+"assets/images/hborrow-1941d97f77696569971cb08fc3ac7710.png"},2422:(e,t,o)=>{o.d(t,{A:()=>s});const s=o.p+"assets/images/hrepay-6c2c7a69869035fa0d7c8dfc4e79b3ed.png"},7154:(e,t,o)=>{o.d(t,{A:()=>s});const s=o.p+"assets/images/pborrow-543450737916637591f9a691a798ac38.png"},6974:(e,t,o)=>{o.d(t,{A:()=>s});const s=o.p+"assets/images/prepay-30a8f9e62c1eaef021cea60d3203a750.png"},9692:(e,t,o)=>{o.d(t,{A:()=>s});const s=o.p+"assets/images/rborrow-a34119612f02aab6231de2d92ce54db7.png"},3328:(e,t,o)=>{o.d(t,{A:()=>s});const s=o.p+"assets/images/rrepay-c26914c7978772ff7950488c4b5a257c.png"},8453:(e,t,o)=>{o.d(t,{R:()=>i,x:()=>a});var s=o(6540);const r={},n=s.createContext(r);function i(e){const t=s.useContext(n);return s.useMemo((function(){return"function"==typeof e?e(t):{...t,...e}}),[t,e])}function a(e){let t;return t=e.disableParentContext?"function"==typeof e.components?e.components(r):e.components||r:i(e.components),s.createElement(n.Provider,{value:t},e.children)}}}]);
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-"use strict";(self.webpackChunknimbora_yield_dex=self.webpackChunknimbora_yield_dex||[]).push([[7245],{552:(e,t,o)=>{o.r(t),o.d(t,{assets:()=>c,contentTitle:()=>i,default:()=>h,frontMatter:()=>s,metadata:()=>a,toc:()=>l});var n=o(4848),r=o(8453);const s={id:"borrow",title:"Borrow",sidebar_position:3},i=void 0,a={id:"concepts/guide/borrow",title:"Borrow",description:"Understanding the Borrow Section",source:"@site/docs/concepts/guide/03-borrow.md",sourceDirName:"concepts/guide",slug:"/concepts/guide/borrow",permalink:"/docs/concepts/guide/borrow",draft:!1,unlisted:!1,editUrl:"https://github.com/0xSpaceShard/nimbora_yields_l2/docs/concepts/guide/03-borrow.md",tags:[],version:"current",sidebarPosition:3,frontMatter:{id:"borrow",title:"Borrow",sidebar_position:3},sidebar:"strategiesSidebar",previous:{title:"Earn",permalink:"/docs/concepts/guide/earn"},next:{title:"Points",permalink:"/docs/concepts/guide/points"}},c={},l=[{value:"Understanding the Borrow Section",id:"understanding-the-borrow-section",level:2},{value:"Which trove should you select?",id:"which-trove-should-you-select",level:3},{value:"How to borrow",id:"how-to-borrow",level:2},{value:"Repay the Loan",id:"repay-the-loan",level:2}];function d(e){const t={a:"a",h2:"h2",h3:"h3",img:"img",p:"p",strong:"strong",...(0,r.R)(),...e.components};return(0,n.jsxs)(n.Fragment,{children:[(0,n.jsx)(t.h2,{id:"understanding-the-borrow-section",children:"Understanding the Borrow Section"}),"\n",(0,n.jsx)(t.p,{children:"There are 2 cards (troves) with 2 different TCR (total collateral ratio). The CR is not fixed, as its value is pegged to the ETH price. That is why the screenshot below might not match the current numbers you will see once you open the troves."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"Untitled",src:o(310).A+"",width:"1041",height:"622"})}),"\n",(0,n.jsxs)(t.p,{children:[(0,n.jsx)(t.strong,{children:"TCR is the percentage of assets you need to lock up as collateral when borrowing"}),". If you want to borrow $100 and the TCR is 676%, you must provide $676 worth of assets as collateral."]}),"\n",(0,n.jsxs)(t.p,{children:["Lets take as an example this image above - trove 604 TCR will require ",(0,n.jsx)(t.strong,{children:"less collateral"})," compared to Trove 910 CR, but Trove 910 TCR is ",(0,n.jsx)(t.strong,{children:"more secure"})," than Trove 604 ."]}),"\n",(0,n.jsx)(t.p,{children:"Consider this scenario: if all troves were open when the ETH price was at $1600, Trove 910 would have a higher tolerance for price fluctuations compared to Trove 604, allowing it to withstand a more significant drop in ETH price before facing liquidation."}),"\n",(0,n.jsx)(t.p,{children:"Once the collateral is deposited and locked, users can borrow against it according to the platform's loan-to-value ratio. If the value of the collateral falls below certain thresholds, the system may automatically liquidate the assets to repay the loan."}),"\n",(0,n.jsx)(t.h3,{id:"which-trove-should-you-select",children:(0,n.jsx)(t.strong,{children:"Which trove should you select?"})}),"\n",(0,n.jsx)(t.p,{children:"This depends on how much LUSD you want to borrow and ongoing initiatives."}),"\n",(0,n.jsxs)(t.p,{children:["The left trove offers a unique opportunity for users to borrow with minimal transaction costs, subsidized by the ",(0,n.jsx)(t.a,{href:"https://medium.com/@Nimbora/defi-spring-just-got-better-earn-strk-with-nimbora-x-liquity-d7e881f22c38",children:"Nimbora x Liquity"})," collaboration."]}),"\n",(0,n.jsx)(t.h2,{id:"how-to-borrow",children:"How to borrow"}),"\n",(0,n.jsx)(t.p,{children:"Enter the amount you want to supply or click on the buttons to set a desired percentage of your balance you want to deposit. You can also directly enter the amount of LUSD you want to borrow, both fields can be used."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:o(3402).A+"",width:"2134",height:"1078"})}),"\n",(0,n.jsx)(t.p,{children:'Finally, when you\'ve selected the amount, click on "borrow" and follow the prompts on your wallet (Argent or Braavos) to complete the transaction.'}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:o(9692).A+"",width:"2676",height:"1078"})}),"\n",(0,n.jsx)(t.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:o(816).A+"",width:"670",height:"268"})}),"\n",(0,n.jsx)(t.p,{children:"You can consult all of your recent borrow in the wallet sections, your transaction should be here."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:o(9893).A+"",width:"974",height:"270"})}),"\n",(0,n.jsx)(t.p,{children:"And that's it, your borrow request has been sent, you can see it in pending orders section."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:o(7154).A+"",width:"998",height:"282"})}),"\n",(0,n.jsx)(t.p,{children:"Borrow should be processed within a day, LUSD will be directly sent to your wallet."}),"\n",(0,n.jsx)(t.h2,{id:"repay-the-loan",children:"Repay the Loan"}),"\n",(0,n.jsx)(t.p,{children:"First, you need to decide on the amount you want to repay. This could be all of your debt or only a portion of it."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:o(2422).A+"",width:"2316",height:"918"})}),"\n",(0,n.jsx)(t.p,{children:"Once you've made up your mind, locate and click on the 'repay' button and follow the prompts on your wallet (Argent or Braavos) to complete the transaction."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:o(3328).A+"",width:"2316",height:"1012"})}),"\n",(0,n.jsx)(t.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:o(6396).A+"",width:"678",height:"238"})}),"\n",(0,n.jsx)(t.p,{children:"You can consult all of your recent repays in the wallet sections, your transaction should be here."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:o(547).A+"",width:"974",height:"282"})}),"\n",(0,n.jsx)(t.p,{children:"And that's it, your repay request has been sent, you can see it in pending orders section."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:o(6974).A+"",width:"998",height:"574"})}),"\n",(0,n.jsx)(t.p,{children:"Repay should be processed within a day, ETH will be directly sent to your wallet."})]})}function h(e={}){const{wrapper:t}={...(0,r.R)(),...e.components};return t?(0,n.jsx)(t,{...e,children:(0,n.jsx)(d,{...e})}):d(e)}},310:(e,t,o)=>{o.d(t,{A:()=>n});const n=o.p+"assets/images/borrow-9fd6760420993e4b45318b147f016299.png"},9893:(e,t,o)=>{o.d(t,{A:()=>n});const n=o.p+"assets/images/cborrow-ff7c3058e6326d535fd19f82dfc1f8be.png"},547:(e,t,o)=>{o.d(t,{A:()=>n});const n=o.p+"assets/images/crepay-7f66882a9d5d21530962e6455fdfde79.png"},816:(e,t,o)=>{o.d(t,{A:()=>n});const n=o.p+"assets/images/fborrow-5b8541fc949d92743e9d4b401873e954.png"},6396:(e,t,o)=>{o.d(t,{A:()=>n});const n=o.p+"assets/images/frepay-efe06924436f6dd3de1481c0bcac122b.png"},3402:(e,t,o)=>{o.d(t,{A:()=>n});const n=o.p+"assets/images/hborrow-1941d97f77696569971cb08fc3ac7710.png"},2422:(e,t,o)=>{o.d(t,{A:()=>n});const n=o.p+"assets/images/hrepay-6c2c7a69869035fa0d7c8dfc4e79b3ed.png"},7154:(e,t,o)=>{o.d(t,{A:()=>n});const n=o.p+"assets/images/pborrow-543450737916637591f9a691a798ac38.png"},6974:(e,t,o)=>{o.d(t,{A:()=>n});const n=o.p+"assets/images/prepay-30a8f9e62c1eaef021cea60d3203a750.png"},9692:(e,t,o)=>{o.d(t,{A:()=>n});const n=o.p+"assets/images/rborrow-a34119612f02aab6231de2d92ce54db7.png"},3328:(e,t,o)=>{o.d(t,{A:()=>n});const n=o.p+"assets/images/rrepay-c26914c7978772ff7950488c4b5a257c.png"},8453:(e,t,o)=>{o.d(t,{R:()=>i,x:()=>a});var n=o(6540);const r={},s=n.createContext(r);function i(e){const t=n.useContext(s);return n.useMemo((function(){return"function"==typeof e?e(t):{...t,...e}}),[t,e])}function a(e){let t;return t=e.disableParentContext?"function"==typeof e.components?e.components(r):e.components||r:i(e.components),n.createElement(s.Provider,{value:t},e.children)}}}]);
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diff --git a/assets/js/5822a3a2.5d143b56.js b/assets/js/5822a3a2.5d143b56.js
new file mode 100644
index 0000000..fafec97
--- /dev/null
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@@ -0,0 +1 @@
+"use strict";(self.webpackChunknimbora_yield_dex=self.webpackChunknimbora_yield_dex||[]).push([[3349],{9542:(e,t,n)=>{n.r(t),n.d(t,{assets:()=>l,contentTitle:()=>r,default:()=>h,frontMatter:()=>o,metadata:()=>a,toc:()=>d});var i=n(4848),s=n(8453);const o={id:"npfUSDC",title:"npfUSDC Strategy",sidebar_position:2,sidebar_class_name:"hidden"},r=void 0,a={id:"concepts/products/earn/pendle_lp_integration/npfUSDC",title:"npfUSDC Strategy",description:"Pendle LP strategy, earn with USDC",source:"@site/docs/concepts/products/earn/pendle_lp_integration/03-flux_usdc.md",sourceDirName:"concepts/products/earn/pendle_lp_integration",slug:"/concepts/products/earn/pendle_lp_integration/npfUSDC",permalink:"/docs/concepts/products/earn/pendle_lp_integration/npfUSDC",draft:!1,unlisted:!1,editUrl:"https://github.com/0xSpaceShard/nimbora_yields_l2/docs/concepts/products/earn/pendle_lp_integration/03-flux_usdc.md",tags:[],version:"current",sidebarPosition:2,frontMatter:{id:"npfUSDC",title:"npfUSDC Strategy",sidebar_position:2,sidebar_class_name:"hidden"},sidebar:"strategiesSidebar",previous:{title:"nppETH Strategy",permalink:"/docs/concepts/products/earn/pendle_lp_integration/nppETH"},next:{title:"Liquity Strategy",permalink:"/docs/concepts/products/borrow/liquity"}},l={},d=[{value:"Get Started",id:"get-started",level:2},{value:"Your Earning Starts Immediately",id:"your-earning-starts-immediately",level:2},{value:"How to Withdraw",id:"how-to-withdraw",level:2},{value:"What is FLUX",id:"what-is-flux",level:3},{value:"Understanding Risks Associated with Flux",id:"understanding-risks-associated-with-flux",level:3}];function c(e){const t={a:"a",h2:"h2",h3:"h3",img:"img",li:"li",ol:"ol",p:"p",strong:"strong",ul:"ul",...(0,s.R)(),...e.components};return(0,i.jsxs)(i.Fragment,{children:[(0,i.jsx)(t.p,{children:(0,i.jsx)(t.strong,{children:"Pendle LP strategy, earn with USDC"})}),"\n",(0,i.jsx)(t.p,{children:"FUSDC is an interest-bearing token received when depositing USDC into Flux Finance's lending pools. FUSDC represents a user's deposited USDC plus accrued interest. Users earn interest on their deposited USDC in the form of FUSDC, which grows over time based on the interest rate offered by the lending pool."}),"\n",(0,i.jsxs)(t.h2,{id:"get-started",children:["Get Started",(0,i.jsx)(t.a,{href:"https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/npfUSDC#get-started"})]}),"\n",(0,i.jsxs)(t.p,{children:["Visit Nimbora dApp via invite link and connect your Starknet wallet (",(0,i.jsx)(t.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,i.jsx)(t.a,{href:"https://argent.xyz/",children:"ArgentX"}),")."]}),"\n",(0,i.jsx)(t.p,{children:"Enter the amount of ETH you want to deposit, or click on the small buttons below the box (25%, 50%, 75%, 100%) to set a desired percentage of the balance you want to deposit."}),"\n",(0,i.jsx)(t.p,{children:(0,i.jsx)(t.img,{alt:"Untitled",src:n(4810).A+"",width:"486",height:"329"})}),"\n",(0,i.jsxs)(t.p,{children:['When you\'ve selected the token amount to deposit, click on "Deposit" button.\n',(0,i.jsx)(t.img,{alt:"Untitled",src:n(8559).A+"",width:"1301",height:"516"})]}),"\n",(0,i.jsxs)(t.p,{children:["Follow the prompts on your wallet (",(0,i.jsx)(t.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,i.jsx)(t.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction.\n",(0,i.jsx)(t.img,{alt:"Untitled",src:n(8442).A+"",width:"986",height:"715"})]}),"\n",(0,i.jsxs)(t.p,{children:["Once the transaction has been accepted on the network, a popup will appear at the bottom left of the screen to let you know.\n",(0,i.jsx)(t.img,{alt:"Untitled",src:n(615).A+"",width:"344",height:"91"})]}),"\n",(0,i.jsx)(t.p,{children:"As a result, you will receive nppETH, which is Liquid Restaking Token (LRT). And that's it, you should be able to see your balance of Nimbora Yield Token in the portfolio section or directly into your wallet browser."}),"\n",(0,i.jsxs)(t.h2,{id:"your-earning-starts-immediately",children:["Your Earning Starts Immediately",(0,i.jsx)(t.img,{src:"https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/npfUSDC#your-earning-starts-immediately",alt:""})]}),"\n",(0,i.jsxs)(t.p,{children:["Your yield comes from several sources - \xa0",(0,i.jsx)(t.strong,{children:"npfUSDC base yield"}),"\xa0+\xa0",(0,i.jsx)(t.strong,{children:"$STRK"}),"\xa0",(0,i.jsx)(t.strong,{children:"incentives"}),"\xa0+\xa0",(0,i.jsx)(t.strong,{children:"Nimbora"}),"\xa0",(0,i.jsx)(t.strong,{children:"boost."})]}),"\n",(0,i.jsx)(t.p,{children:(0,i.jsx)(t.img,{alt:"Untitled",src:n(4810).A+"",width:"486",height:"329"})}),"\n",(0,i.jsxs)(t.ol,{children:["\n",(0,i.jsxs)(t.li,{children:[(0,i.jsx)(t.strong,{children:"Base"}),": Represents default strategy yield that auto-compounds daily."]}),"\n",(0,i.jsxs)(t.li,{children:[(0,i.jsx)(t.strong,{children:"Boost"}),": Represents incentives provided by the Nimbora team using the\xa0",(0,i.jsx)(t.a,{href:"https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5",children:"Starknet Catalyst grant"})," that are claimable every two weeks."]}),"\n",(0,i.jsxs)(t.li,{children:[(0,i.jsx)(t.strong,{children:"Incentives"}),": Represents incentives provided by the Starknet Foundation as a part of the ",(0,i.jsx)(t.a,{href:"https://medium.com/@Nimbora/introducing-defi-spring-2-0-bigger-bolder-better-364bb96b02d6",children:"DeFi Spring 2.0"})," that are claimable every two weeks."]}),"\n"]}),"\n",(0,i.jsx)(t.p,{children:"With this strategy you are also earning Nimbora points.\nRemember, holding Nimbora yield-bearing tokens gets points based on your balance. The more and longer you hold, the more points you accumulate."}),"\n",(0,i.jsxs)(t.p,{children:["You can always check your leaderboard position and Nimbora points breakdown by clicking on \u2018Points\u2019 section in the upper left corner at app.nimbora.io\n",(0,i.jsx)(t.img,{alt:"Untitled",src:n(7044).A+"",width:"1628",height:"710"})]}),"\n",(0,i.jsxs)(t.h2,{id:"how-to-withdraw",children:["How to Withdraw",(0,i.jsx)(t.a,{href:"https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/npfUSDC#how-to-withdraw"})]}),"\n",(0,i.jsx)(t.p,{children:"Withdrawal are not synchronous such as deposits. Withdrawals take between 12 and 48 hours to be processed. A fast withdrawal option should arrive later on."}),"\n",(0,i.jsx)(t.p,{children:"First, you need to decide on the amount you want to withdraw. This could be all or a portion of your assets."}),"\n",(0,i.jsx)(t.p,{children:(0,i.jsx)(t.img,{alt:"Untitled",src:n(9459).A+"",width:"1310",height:"516"})}),"\n",(0,i.jsxs)(t.p,{children:["Once you've made up your mind, locate and click on the 'withdraw' button and follow the prompts on your wallet (",(0,i.jsx)(t.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,i.jsx)(t.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction."]}),"\n",(0,i.jsx)(t.p,{children:(0,i.jsx)(t.img,{alt:"Untitled",src:n(41).A+"",width:"975",height:"718"})}),"\n",(0,i.jsx)(t.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,i.jsx)(t.p,{children:(0,i.jsx)(t.img,{alt:"Untitled",src:n(6427).A+"",width:"324",height:"88"})}),"\n",(0,i.jsx)(t.p,{children:"You can consult all of your recent deposits in the wallet section, your transaction should be here."}),"\n",(0,i.jsx)(t.p,{children:(0,i.jsx)(t.img,{alt:"Untitled",src:n(8400).A+"",width:"474",height:"444"})}),"\n",(0,i.jsx)(t.p,{children:"Nimbora takes over the task of processing this request. This involves preparing your assets in order to be transferred back to your wallet, a process that is handled entirely behind the scenes to ensure a smooth and efficient operation. Once the request is ready to be claimed, Nimbora relayer will handle it and send it directly into your wallet."}),"\n",(0,i.jsx)(t.h3,{id:"what-is-flux",children:"What is FLUX"}),"\n",(0,i.jsxs)(t.ul,{children:["\n",(0,i.jsx)(t.li,{children:"Decentralized Lending and Borrowing: Flux Protocol, developed by the Ondo Finance team, facilitates decentralized lending and borrowing. It allows users to lend their assets to earn interest or borrow assets against collateral in a peer-to-pool (P2Pool) model."}),"\n",(0,i.jsx)(t.li,{children:"Support for Permissionless and Permissioned Tokens: Flux Protocol supports both permissionless tokens (e.g., USDC) and permissioned tokens (e.g., OUSG), with permissions enforced on a per-asset basis. This flexibility accommodates various token types and use cases within the protocol."}),"\n"]}),"\n",(0,i.jsx)(t.h3,{id:"understanding-risks-associated-with-flux",children:"Understanding Risks Associated with Flux"}),"\n",(0,i.jsxs)(t.ol,{children:["\n",(0,i.jsxs)(t.li,{children:["\n",(0,i.jsxs)(t.p,{children:[(0,i.jsx)(t.strong,{children:"Smart Contract Risk"}),": Flux operates on smart contracts, which are lines of code stored on the blockchain. While these smart contracts are designed to execute transactions autonomously, they are not immune to bugs or vulnerabilities. If there is a flaw in the smart contract's code, it could be exploited by malicious actors, potentially resulting in the loss of funds for lenders."]}),"\n"]}),"\n",(0,i.jsxs)(t.li,{children:["\n",(0,i.jsxs)(t.p,{children:[(0,i.jsx)(t.strong,{children:"Oracle Risk"}),": Flux relies on oracles to fetch external data, such as asset prices, to determine variables like interest rates and collateralization ratios. However, if these oracles provide inaccurate or manipulated data, it could lead to incorrect loan liquidations or interest rate adjustments, potentially causing losses for lenders."]}),"\n"]}),"\n",(0,i.jsxs)(t.li,{children:["\n",(0,i.jsxs)(t.p,{children:[(0,i.jsx)(t.strong,{children:"Market Risk"}),": The cryptocurrency and DeFi markets are highly volatile. The value of assets used as collateral for loans can fluctuate rapidly, and borrowers may struggle to repay their loans if the value of their collateral drops significantly. In such cases, lenders may face losses if they cannot recover the full value of the loan."]}),"\n"]}),"\n",(0,i.jsxs)(t.li,{children:["\n",(0,i.jsxs)(t.p,{children:[(0,i.jsx)(t.strong,{children:"Liquidity Risk"}),": Flux relies on liquidity pools to match lenders with borrowers. If there is insufficient liquidity in the pools, lenders may not be able to withdraw their funds in a timely manner or at the desired exchange rate. Additionally, sudden spikes in demand for loans or withdrawals could lead to slippage or delays in transactions."]}),"\n"]}),"\n",(0,i.jsxs)(t.li,{children:["\n",(0,i.jsxs)(t.p,{children:[(0,i.jsx)(t.strong,{children:"Counterparty Risk"}),": While Flux is designed to be decentralized, there is still some counterparty risk associated with lending and borrowing. If a borrower defaults on their loan, lenders may not be able to recover their full principal and interest payments, especially if there are not enough liquidated assets to cover the debt."]}),"\n"]}),"\n",(0,i.jsxs)(t.li,{children:["\n",(0,i.jsxs)(t.p,{children:[(0,i.jsx)(t.strong,{children:"Regulatory Risk"}),": The regulatory environment surrounding DeFi and cryptocurrencies is still evolving, and there is uncertainty regarding how regulators will treat these platforms in the future. Changes in regulations or enforcement actions could have a significant impact on the operation of Flux and the value of assets held within the protocol."]}),"\n"]}),"\n"]})]})}function h(e={}){const{wrapper:t}={...(0,s.R)(),...e.components};return t?(0,i.jsx)(t,{...e,children:(0,i.jsx)(c,{...e})}):c(e)}},8559:(e,t,n)=>{n.d(t,{A:()=>i});const i=n.p+"assets/images/deposit-513938ed9e5ac1824179fb935ad51cbd.png"},615:(e,t,n)=>{n.d(t,{A:()=>i});const 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+++ /dev/null
@@ -1 +0,0 @@
-"use strict";(self.webpackChunknimbora_yield_dex=self.webpackChunknimbora_yield_dex||[]).push([[3349],{9542:(e,t,n)=>{n.r(t),n.d(t,{assets:()=>l,contentTitle:()=>r,default:()=>h,frontMatter:()=>o,metadata:()=>a,toc:()=>d});var i=n(4848),s=n(8453);const o={id:"npfUSDC",title:"npfUSDC Strategy",sidebar_position:2,sidebar_class_name:"hidden"},r=void 0,a={id:"concepts/products/earn/pendle_lp_integration/npfUSDC",title:"npfUSDC Strategy",description:"Pendle LP strategy, earn with USDC",source:"@site/docs/concepts/products/earn/pendle_lp_integration/03-flux_usdc.md",sourceDirName:"concepts/products/earn/pendle_lp_integration",slug:"/concepts/products/earn/pendle_lp_integration/npfUSDC",permalink:"/docs/concepts/products/earn/pendle_lp_integration/npfUSDC",draft:!1,unlisted:!1,editUrl:"https://github.com/0xSpaceShard/nimbora_yields_l2/docs/concepts/products/earn/pendle_lp_integration/03-flux_usdc.md",tags:[],version:"current",sidebarPosition:2,frontMatter:{id:"npfUSDC",title:"npfUSDC Strategy",sidebar_position:2,sidebar_class_name:"hidden"},sidebar:"strategiesSidebar",previous:{title:"nppETH Strategy",permalink:"/docs/concepts/products/earn/pendle_lp_integration/nppETH"},next:{title:"Liquity Strategy",permalink:"/docs/concepts/products/borrow/liquity"}},l={},d=[{value:"Get Started",id:"get-started",level:2},{value:"Your Earning Starts Immediately",id:"your-earning-starts-immediately",level:2},{value:"How to Withdraw",id:"how-to-withdraw",level:2},{value:"What is FLUX",id:"what-is-flux",level:3},{value:"Understanding Risks Associated with Flux",id:"understanding-risks-associated-with-flux",level:3}];function c(e){const t={a:"a",h2:"h2",h3:"h3",img:"img",li:"li",ol:"ol",p:"p",strong:"strong",ul:"ul",...(0,s.R)(),...e.components};return(0,i.jsxs)(i.Fragment,{children:[(0,i.jsx)(t.p,{children:(0,i.jsx)(t.strong,{children:"Pendle LP strategy, earn with USDC"})}),"\n",(0,i.jsx)(t.p,{children:"FUSDC is an interest-bearing token received when depositing USDC into Flux Finance's lending pools. FUSDC represents a user's deposited USDC plus accrued interest. Users earn interest on their deposited USDC in the form of FUSDC, which grows over time based on the interest rate offered by the lending pool."}),"\n",(0,i.jsxs)(t.h2,{id:"get-started",children:["Get Started",(0,i.jsx)(t.a,{href:"https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/npfUSDC#get-started"})]}),"\n",(0,i.jsxs)(t.p,{children:["Visit Nimbora dApp via invite link and connect your Starknet wallet (",(0,i.jsx)(t.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,i.jsx)(t.a,{href:"https://argent.xyz/",children:"ArgentX"}),")."]}),"\n",(0,i.jsx)(t.p,{children:"Enter the amount of ETH you want to deposit, or click on the small buttons below the box (25%, 50%, 75%, 100%) to set a desired percentage of the balance you want to deposit."}),"\n",(0,i.jsx)(t.p,{children:(0,i.jsx)(t.img,{alt:"Untitled",src:n(4810).A+"",width:"486",height:"329"})}),"\n",(0,i.jsxs)(t.p,{children:['When you\'ve selected the token amount to deposit, click on "Deposit" button.\n',(0,i.jsx)(t.img,{alt:"Untitled",src:n(8559).A+"",width:"1301",height:"516"})]}),"\n",(0,i.jsxs)(t.p,{children:["Follow the prompts on your wallet (",(0,i.jsx)(t.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,i.jsx)(t.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction.\n",(0,i.jsx)(t.img,{alt:"Untitled",src:n(8442).A+"",width:"986",height:"715"})]}),"\n",(0,i.jsxs)(t.p,{children:["Once the transaction has been accepted on the network, a popup will appear at the bottom left of the screen to let you know.\n",(0,i.jsx)(t.img,{alt:"Untitled",src:n(615).A+"",width:"344",height:"91"})]}),"\n",(0,i.jsx)(t.p,{children:"As a result, you will receive nppETH, which is Liquid Restaking Token (LRT). And that's it, you should be able to see your balance of Nimbora Yield Token in the portfolio section or directly into your wallet browser."}),"\n",(0,i.jsxs)(t.h2,{id:"your-earning-starts-immediately",children:["Your Earning Starts Immediately",(0,i.jsx)(t.img,{src:"https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/npfUSDC#your-earning-starts-immediately",alt:""})]}),"\n",(0,i.jsxs)(t.p,{children:["Your yield comes from several sources - \xa0",(0,i.jsx)(t.strong,{children:"npfUSDC base yield"}),"\xa0+\xa0",(0,i.jsx)(t.strong,{children:"$STRK"}),"\xa0",(0,i.jsx)(t.strong,{children:"incentives"}),"\xa0+\xa0",(0,i.jsx)(t.strong,{children:"Nimbora"}),"\xa0",(0,i.jsx)(t.strong,{children:"boost."})]}),"\n",(0,i.jsx)(t.p,{children:(0,i.jsx)(t.img,{alt:"Untitled",src:n(4810).A+"",width:"486",height:"329"})}),"\n",(0,i.jsxs)(t.ol,{children:["\n",(0,i.jsxs)(t.li,{children:[(0,i.jsx)(t.strong,{children:"Base"}),": Represents default strategy yield that auto-compounds daily."]}),"\n",(0,i.jsxs)(t.li,{children:[(0,i.jsx)(t.strong,{children:"Boost"}),": Represents incentives provided by the Nimbora team using the\xa0",(0,i.jsx)(t.a,{href:"https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5",children:"Starknet Catalyst grant"})," that are claimable every two weeks."]}),"\n",(0,i.jsxs)(t.li,{children:[(0,i.jsx)(t.strong,{children:"Incentives"}),": Represents incentives provided by the Starknet Foundation as a part of the\xa0",(0,i.jsx)(t.a,{href:"https://medium.com/@Nimbora/nimbora-joins-starknet-defi-spring-d7921e56e2e4",children:"DeFi Spring initiative"})," that are claimable every two weeks."]}),"\n"]}),"\n",(0,i.jsx)(t.p,{children:"With this strategy you are also earning Nimbora points.\nRemember, holding Nimbora yield-bearing tokens gets points based on your balance. The more and longer you hold, the more points you accumulate."}),"\n",(0,i.jsxs)(t.p,{children:["You can always check your leaderboard position and Nimbora points breakdown by clicking on \u2018Points\u2019 section in the upper left corner at app.nimbora.io\n",(0,i.jsx)(t.img,{alt:"Untitled",src:n(7044).A+"",width:"1628",height:"710"})]}),"\n",(0,i.jsxs)(t.h2,{id:"how-to-withdraw",children:["How to Withdraw",(0,i.jsx)(t.a,{href:"https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/npfUSDC#how-to-withdraw"})]}),"\n",(0,i.jsx)(t.p,{children:"Withdrawal are not synchronous such as deposits they take an average of 1 day to be processed, a fast withdrawal option should arrive later on."}),"\n",(0,i.jsx)(t.p,{children:"First, you need to decide on the amount you want to withdraw. This could be all or a portion of your assets."}),"\n",(0,i.jsx)(t.p,{children:(0,i.jsx)(t.img,{alt:"Untitled",src:n(9459).A+"",width:"1310",height:"516"})}),"\n",(0,i.jsxs)(t.p,{children:["Once you've made up your mind, locate and click on the 'withdraw' button and follow the prompts on your wallet (",(0,i.jsx)(t.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,i.jsx)(t.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction."]}),"\n",(0,i.jsx)(t.p,{children:(0,i.jsx)(t.img,{alt:"Untitled",src:n(41).A+"",width:"975",height:"718"})}),"\n",(0,i.jsx)(t.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,i.jsx)(t.p,{children:(0,i.jsx)(t.img,{alt:"Untitled",src:n(6427).A+"",width:"324",height:"88"})}),"\n",(0,i.jsx)(t.p,{children:"You can consult all of your recent deposits in the wallet section, your transaction should be here."}),"\n",(0,i.jsx)(t.p,{children:(0,i.jsx)(t.img,{alt:"Untitled",src:n(8400).A+"",width:"474",height:"444"})}),"\n",(0,i.jsx)(t.p,{children:"Nimbora takes over the task of processing this request. This involves preparing your assets in order to be transferred back to your wallet, a process that is handled entirely behind the scenes to ensure a smooth and efficient operation. Once the request is ready to be claimed, Nimbora relayer will handle it and send it directly into your wallet."}),"\n",(0,i.jsx)(t.h3,{id:"what-is-flux",children:"What is FLUX"}),"\n",(0,i.jsxs)(t.ul,{children:["\n",(0,i.jsx)(t.li,{children:"Decentralized Lending and Borrowing: Flux Protocol, developed by the Ondo Finance team, facilitates decentralized lending and borrowing. It allows users to lend their assets to earn interest or borrow assets against collateral in a peer-to-pool (P2Pool) model."}),"\n",(0,i.jsx)(t.li,{children:"Support for Permissionless and Permissioned Tokens: Flux Protocol supports both permissionless tokens (e.g., USDC) and permissioned tokens (e.g., OUSG), with permissions enforced on a per-asset basis. This flexibility accommodates various token types and use cases within the protocol."}),"\n"]}),"\n",(0,i.jsx)(t.h3,{id:"understanding-risks-associated-with-flux",children:"Understanding Risks Associated with Flux"}),"\n",(0,i.jsxs)(t.ol,{children:["\n",(0,i.jsxs)(t.li,{children:["\n",(0,i.jsxs)(t.p,{children:[(0,i.jsx)(t.strong,{children:"Smart Contract Risk"}),": Flux operates on smart contracts, which are lines of code stored on the blockchain. While these smart contracts are designed to execute transactions autonomously, they are not immune to bugs or vulnerabilities. If there is a flaw in the smart contract's code, it could be exploited by malicious actors, potentially resulting in the loss of funds for lenders."]}),"\n"]}),"\n",(0,i.jsxs)(t.li,{children:["\n",(0,i.jsxs)(t.p,{children:[(0,i.jsx)(t.strong,{children:"Oracle Risk"}),": Flux relies on oracles to fetch external data, such as asset prices, to determine variables like interest rates and collateralization ratios. However, if these oracles provide inaccurate or manipulated data, it could lead to incorrect loan liquidations or interest rate adjustments, potentially causing losses for lenders."]}),"\n"]}),"\n",(0,i.jsxs)(t.li,{children:["\n",(0,i.jsxs)(t.p,{children:[(0,i.jsx)(t.strong,{children:"Market Risk"}),": The cryptocurrency and DeFi markets are highly volatile. The value of assets used as collateral for loans can fluctuate rapidly, and borrowers may struggle to repay their loans if the value of their collateral drops significantly. In such cases, lenders may face losses if they cannot recover the full value of the loan."]}),"\n"]}),"\n",(0,i.jsxs)(t.li,{children:["\n",(0,i.jsxs)(t.p,{children:[(0,i.jsx)(t.strong,{children:"Liquidity Risk"}),": Flux relies on liquidity pools to match lenders with borrowers. If there is insufficient liquidity in the pools, lenders may not be able to withdraw their funds in a timely manner or at the desired exchange rate. Additionally, sudden spikes in demand for loans or withdrawals could lead to slippage or delays in transactions."]}),"\n"]}),"\n",(0,i.jsxs)(t.li,{children:["\n",(0,i.jsxs)(t.p,{children:[(0,i.jsx)(t.strong,{children:"Counterparty Risk"}),": While Flux is designed to be decentralized, there is still some counterparty risk associated with lending and borrowing. If a borrower defaults on their loan, lenders may not be able to recover their full principal and interest payments, especially if there are not enough liquidated assets to cover the debt."]}),"\n"]}),"\n",(0,i.jsxs)(t.li,{children:["\n",(0,i.jsxs)(t.p,{children:[(0,i.jsx)(t.strong,{children:"Regulatory Risk"}),": The regulatory environment surrounding DeFi and cryptocurrencies is still evolving, and there is uncertainty regarding how regulators will treat these platforms in the future. Changes in regulations or enforcement actions could have a significant impact on the operation of Flux and the value of assets held within the protocol."]}),"\n"]}),"\n"]})]})}function h(e={}){const{wrapper:t}={...(0,s.R)(),...e.components};return t?(0,i.jsx)(t,{...e,children:(0,i.jsx)(c,{...e})}):c(e)}},8559:(e,t,n)=>{n.d(t,{A:()=>i});const i=n.p+"assets/images/deposit-513938ed9e5ac1824179fb935ad51cbd.png"},615:(e,t,n)=>{n.d(t,{A:()=>i});const 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+++ /dev/null
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-"use strict";(self.webpackChunknimbora_yield_dex=self.webpackChunknimbora_yield_dex||[]).push([[463],{7816:(e,n,t)=>{t.r(n),t.d(n,{assets:()=>o,contentTitle:()=>a,default:()=>l,frontMatter:()=>r,metadata:()=>d,toc:()=>h});var i=t(4848),s=t(8453);const r={id:"npeETH",title:"npeETH Strategy",sidebar_position:1,sidebar_class_name:"hidden"},a=void 0,d={id:"concepts/products/earn/pendle_lp_integration/npeETH",title:"npeETH Strategy",description:"Pendle LP strategy, earn with ETH",source:"@site/docs/concepts/products/earn/pendle_lp_integration/01-etherfi.md",sourceDirName:"concepts/products/earn/pendle_lp_integration",slug:"/concepts/products/earn/pendle_lp_integration/npeETH",permalink:"/docs/concepts/products/earn/pendle_lp_integration/npeETH",draft:!1,unlisted:!1,editUrl:"https://github.com/0xSpaceShard/nimbora_yields_l2/docs/concepts/products/earn/pendle_lp_integration/01-etherfi.md",tags:[],version:"current",sidebarPosition:1,frontMatter:{id:"npeETH",title:"npeETH Strategy",sidebar_position:1,sidebar_class_name:"hidden"},sidebar:"strategiesSidebar",previous:{title:"Pendle Strategy",permalink:"/docs/concepts/products/earn/pendle"},next:{title:"nppETH Strategy",permalink:"/docs/concepts/products/earn/pendle_lp_integration/nppETH"}},o={},h=[{value:"Get Started",id:"get-started",level:2},{value:"Your Earning Starts Immediately!",id:"your-earning-starts-immediately",level:2},{value:"How to Withdraw",id:"how-to-withdraw",level:2},{value:"What is EtherFI",id:"what-is-etherfi",level:3},{value:"Understanding Risks Associated with EtherFi",id:"understanding-risks-associated-with-etherfi",level:3}];function c(e){const n={a:"a",h2:"h2",h3:"h3",img:"img",li:"li",ol:"ol",p:"p",strong:"strong",ul:"ul",...(0,s.R)(),...e.components};return(0,i.jsxs)(i.Fragment,{children:[(0,i.jsx)(n.p,{children:(0,i.jsx)(n.strong,{children:"Pendle LP strategy, earn with ETH"})}),"\n",(0,i.jsx)(n.p,{children:"Liquid restaking on Ethereum repurposes staked ether to validate external systems like rollups or oracles, enhancing the ecosystem's security. Liquid Restaking Tokens (LRTs) act as a buffer against slashing events and offer higher yields than native staking. They simplify participation, manage risks, and conserve gas by batch-collecting rewards. This innovation democratizes staking, challenging established leaders, and offers growth potential, albeit with capped deposits in some systems."}),"\n",(0,i.jsx)(n.p,{children:"weETH is the wrapped version of eETH, the etherfi native token, which serves as a liquid staking derivative token. eETH streamlines the staking process by enabling automatic restaking and offering various benefits to users. This includes rewards from both EtherFi and EigenLayer, simplifying the staking experience and providing additional incentives for participation in the DeFi ecosystem."}),"\n",(0,i.jsx)(n.p,{children:"Yield come from several sources:"}),"\n",(0,i.jsxs)(n.ul,{children:["\n",(0,i.jsx)(n.li,{children:"Ethereum execution and consensus layer staking rewards"}),"\n",(0,i.jsx)(n.li,{children:"Loyalty points"}),"\n",(0,i.jsx)(n.li,{children:"EigenLayer restaking rewards"}),"\n"]}),"\n",(0,i.jsx)(n.h2,{id:"get-started",children:"Get Started"}),"\n",(0,i.jsxs)(n.p,{children:["Visit Nimbora dApp via invite link and connect your Starknet wallet (",(0,i.jsx)(n.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,i.jsx)(n.a,{href:"https://argent.xyz/",children:"ArgentX"}),")."]}),"\n",(0,i.jsx)(n.p,{children:"Enter the amount of ETH you want to deposit, or click on the small buttons below the box (25%, 50%, 75%, 100%) to set a desired percentage of the balance you want to deposit."}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"Untitled",src:t(812).A+"",width:"488",height:"376"})}),"\n",(0,i.jsxs)(n.p,{children:['When you\'ve selected the token amount to deposit, click on "Deposit" button.\n',(0,i.jsx)(n.img,{alt:"Untitled",src:t(2015).A+"",width:"1357",height:"520"})]}),"\n",(0,i.jsxs)(n.p,{children:["Follow the prompts on your wallet (",(0,i.jsx)(n.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,i.jsx)(n.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction."]}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"Untitled",src:t(9234).A+"",width:"1039",height:"720"})}),"\n",(0,i.jsxs)(n.p,{children:["Once the transaction has been accepted on the network, a popup will appear at the bottom left of the screen to let you know.\n",(0,i.jsx)(n.img,{alt:"Untitled",src:t(306).A+"",width:"467",height:"99"})]}),"\n",(0,i.jsx)(n.p,{children:"As a result, you will receive npeETH, which is Liquid Restaking Token (LRT). And that's it, you should be able to see your balance of Nimbora Yield Token in the portfolio section or directly into your wallet browser."}),"\n",(0,i.jsx)(n.h2,{id:"your-earning-starts-immediately",children:"Your Earning Starts Immediately!"}),"\n",(0,i.jsxs)(n.p,{children:["Your yield comes from several sources - \xa0",(0,i.jsx)(n.strong,{children:"npeETH base yield"})," +\xa0",(0,i.jsx)(n.strong,{children:"$STRK"}),"\xa0",(0,i.jsx)(n.strong,{children:"incentives"}),"\xa0+\xa0",(0,i.jsx)(n.strong,{children:"Nimbora"}),"\xa0",(0,i.jsx)(n.strong,{children:"boost."})]}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"Untitled",src:t(8237).A+"",width:"246",height:"124"})}),"\n",(0,i.jsxs)(n.ol,{children:["\n",(0,i.jsxs)(n.li,{children:[(0,i.jsx)(n.strong,{children:"Base"}),": Represents default strategy yield that auto-compounds daily."]}),"\n",(0,i.jsxs)(n.li,{children:[(0,i.jsx)(n.strong,{children:"Boost"}),": Represents incentives provided by the Nimbora team using the ",(0,i.jsx)(n.a,{href:"https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5",children:"Starknet Catalyst grant"})," that are claimable every two weeks."]}),"\n",(0,i.jsxs)(n.li,{children:[(0,i.jsx)(n.strong,{children:"Incentives"}),": Represents incentives provided by the Starknet Foundation as a part of the ",(0,i.jsx)(n.a,{href:"https://medium.com/@Nimbora/nimbora-joins-starknet-defi-spring-d7921e56e2e4",children:"DeFi Spring initiative"})," that are claimable every two weeks."]}),"\n"]}),"\n",(0,i.jsxs)(n.p,{children:["With this strategy you are also earning points for 3 protocols: 1x Nimbora, 3x EtherFi, 1x EigenLayer.\n",(0,i.jsx)(n.img,{alt:"Untitled",src:t(5749).A+"",width:"477",height:"367"})]}),"\n",(0,i.jsx)(n.p,{children:"Remember, holding Nimbora yield-bearing tokens gets points based on your balance. The more and longer you hold, the more points you accumulate."}),"\n",(0,i.jsx)(n.p,{children:"You can always check your leaderboard position and Nimbora points breakdown by clicking on \u2018Points\u2019 section in the upper left corner at app.nimbora.io"}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"Untitled",src:t(1972).A+"",width:"1755",height:"672"})}),"\n",(0,i.jsx)(n.h2,{id:"how-to-withdraw",children:"How to Withdraw"}),"\n",(0,i.jsx)(n.p,{children:"Withdrawal are not synchronous such as deposits they take an average of 1 day to be processed, a fast withdrawal option should arrive later on."}),"\n",(0,i.jsx)(n.p,{children:"First, you need to decide on the amount you want to withdraw. This could be all or a portion of your assets."}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"alt",src:t(7203).A+"",width:"1357",height:"658"})}),"\n",(0,i.jsxs)(n.p,{children:["Once you've made up your mind, locate and click on the 'withdraw' button and follow the prompts on your wallet (",(0,i.jsx)(n.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,i.jsx)(n.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction."]}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"alt",src:t(1183).A+"",width:"1175",height:"782"})}),"\n",(0,i.jsx)(n.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"alt",src:t(1366).A+"",width:"411",height:"86"})}),"\n",(0,i.jsx)(n.p,{children:"You can consult all of your recent deposits in the wallet section, your transaction should be here."}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"alt",src:t(4385).A+"",width:"472",height:"487"})}),"\n",(0,i.jsx)(n.p,{children:"Nimbora takes over the task of processing this request. This involves preparing your assets in order to be transferred back to your wallet, a process that is handled entirely behind the scenes to ensure a smooth and efficient operation. Once the request is ready to be claimed, Nimbora relayer will handle it and send it directly into your wallet."}),"\n",(0,i.jsx)(n.h3,{id:"what-is-etherfi",children:"What is EtherFI"}),"\n",(0,i.jsxs)(n.ul,{children:["\n",(0,i.jsx)(n.li,{children:"Non-Custodial Staking: EtherFi disrupts the decentralized finance (DeFi) space by offering non-custodial Ethereum staking. Users maintain full control over their keys, ensuring security and independence in the staking process. This approach contrasts with traditional custodial services where users relinquish control of their assets to third-party entities."}),"\n",(0,i.jsx)(n.li,{children:"Integration with EigenLayer for Enhanced Yields: EtherFi collaborates with EigenLayer, a protocol that increases rewards and boosts the value of DeFi by supporting simpler restaking. Through this integration, users can earn additional yields on top of Ethereum's staking rewards without locking up their assets, promoting flexibility and maximizing earning potential."}),"\n"]}),"\n",(0,i.jsx)(n.h3,{id:"understanding-risks-associated-with-etherfi",children:"Understanding Risks Associated with EtherFi"}),"\n",(0,i.jsxs)(n.ol,{children:["\n",(0,i.jsxs)(n.li,{children:["\n",(0,i.jsxs)(n.p,{children:[(0,i.jsx)(n.strong,{children:"Smart Contract Risks"}),":"]}),"\n",(0,i.jsxs)(n.ul,{children:["\n",(0,i.jsx)(n.li,{children:"Though EtherFi's smart contracts are crafted carefully, audited, and thoroughly tested, there always exist risks in interacting with smart contracts on the Ethereum network."}),"\n"]}),"\n"]}),"\n",(0,i.jsxs)(n.li,{children:["\n",(0,i.jsxs)(n.p,{children:[(0,i.jsx)(n.strong,{children:"Key Management Risks"}),":"]}),"\n",(0,i.jsxs)(n.ul,{children:["\n",(0,i.jsx)(n.li,{children:"With EtherFi's desktop and decentralized web applications, efforts are made to utilize the latest, safest methods for key encryption and protection. However, EtherFi cannot guarantee or represent that their methods are or will remain 100% secure. Additionally, the responsibility for key management lies in the hands of the user, and preventing user errors, while a primary aim, is virtually impossible."}),"\n"]}),"\n"]}),"\n",(0,i.jsxs)(n.li,{children:["\n",(0,i.jsxs)(n.p,{children:[(0,i.jsx)(n.strong,{children:"Regulatory Risks"}),":"]}),"\n",(0,i.jsxs)(n.ul,{children:["\n",(0,i.jsxs)(n.li,{children:["EtherFi believes in the potential of the Ethereum network to become the settlement layer for global financial markets. However, this conviction does not guarantee the future. Cryptocurrencies, including Ethereum, have faced increased governmental scrutiny as they transition from niche to mainstream. Regulatory risks include, but are not limited to:","\n",(0,i.jsxs)(n.ul,{children:["\n",(0,i.jsx)(n.li,{children:"Bans on cloud service providers offering services to crypto-related enterprises."}),"\n",(0,i.jsx)(n.li,{children:"Bans on ISPs providing crypto-related services."}),"\n",(0,i.jsx)(n.li,{children:"Onerous taxes levied on various network transactions."}),"\n"]}),"\n"]}),"\n"]}),"\n"]}),"\n"]})]})}function l(e={}){const{wrapper:n}={...(0,s.R)(),...e.components};return n?(0,i.jsx)(n,{...e,children:(0,i.jsx)(c,{...e})}):c(e)}},306:(e,n,t)=>{t.d(n,{A:()=>i});const 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+"use strict";(self.webpackChunknimbora_yield_dex=self.webpackChunknimbora_yield_dex||[]).push([[463],{7816:(e,n,t)=>{t.r(n),t.d(n,{assets:()=>o,contentTitle:()=>a,default:()=>l,frontMatter:()=>r,metadata:()=>d,toc:()=>h});var i=t(4848),s=t(8453);const r={id:"npeETH",title:"npeETH Strategy",sidebar_position:1,sidebar_class_name:"hidden"},a=void 0,d={id:"concepts/products/earn/pendle_lp_integration/npeETH",title:"npeETH Strategy",description:"Pendle LP strategy, earn with ETH",source:"@site/docs/concepts/products/earn/pendle_lp_integration/01-etherfi.md",sourceDirName:"concepts/products/earn/pendle_lp_integration",slug:"/concepts/products/earn/pendle_lp_integration/npeETH",permalink:"/docs/concepts/products/earn/pendle_lp_integration/npeETH",draft:!1,unlisted:!1,editUrl:"https://github.com/0xSpaceShard/nimbora_yields_l2/docs/concepts/products/earn/pendle_lp_integration/01-etherfi.md",tags:[],version:"current",sidebarPosition:1,frontMatter:{id:"npeETH",title:"npeETH Strategy",sidebar_position:1,sidebar_class_name:"hidden"},sidebar:"strategiesSidebar",previous:{title:"Pendle Strategy",permalink:"/docs/concepts/products/earn/pendle"},next:{title:"nppETH Strategy",permalink:"/docs/concepts/products/earn/pendle_lp_integration/nppETH"}},o={},h=[{value:"Get Started",id:"get-started",level:2},{value:"Your Earning Starts Immediately!",id:"your-earning-starts-immediately",level:2},{value:"How to Withdraw",id:"how-to-withdraw",level:2},{value:"What is EtherFI",id:"what-is-etherfi",level:3},{value:"Understanding Risks Associated with EtherFi",id:"understanding-risks-associated-with-etherfi",level:3}];function c(e){const n={a:"a",h2:"h2",h3:"h3",img:"img",li:"li",ol:"ol",p:"p",strong:"strong",ul:"ul",...(0,s.R)(),...e.components};return(0,i.jsxs)(i.Fragment,{children:[(0,i.jsx)(n.p,{children:(0,i.jsx)(n.strong,{children:"Pendle LP strategy, earn with ETH"})}),"\n",(0,i.jsx)(n.p,{children:"Liquid restaking on Ethereum repurposes staked ether to validate external systems like rollups or oracles, enhancing the ecosystem's security. Liquid Restaking Tokens (LRTs) act as a buffer against slashing events and offer higher yields than native staking. They simplify participation, manage risks, and conserve gas by batch-collecting rewards. This innovation democratizes staking, challenging established leaders, and offers growth potential, albeit with capped deposits in some systems."}),"\n",(0,i.jsx)(n.p,{children:"weETH is the wrapped version of eETH, the etherfi native token, which serves as a liquid staking derivative token. eETH streamlines the staking process by enabling automatic restaking and offering various benefits to users. This includes rewards from both EtherFi and EigenLayer, simplifying the staking experience and providing additional incentives for participation in the DeFi ecosystem."}),"\n",(0,i.jsx)(n.p,{children:"Yield come from several sources:"}),"\n",(0,i.jsxs)(n.ul,{children:["\n",(0,i.jsx)(n.li,{children:"Ethereum execution and consensus layer staking rewards"}),"\n",(0,i.jsx)(n.li,{children:"Loyalty points"}),"\n",(0,i.jsx)(n.li,{children:"EigenLayer restaking rewards"}),"\n"]}),"\n",(0,i.jsx)(n.h2,{id:"get-started",children:"Get Started"}),"\n",(0,i.jsxs)(n.p,{children:["Visit Nimbora dApp via invite link and connect your Starknet wallet (",(0,i.jsx)(n.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,i.jsx)(n.a,{href:"https://argent.xyz/",children:"ArgentX"}),")."]}),"\n",(0,i.jsx)(n.p,{children:"Enter the amount of ETH you want to deposit, or click on the small buttons below the box (25%, 50%, 75%, 100%) to set a desired percentage of the balance you want to deposit."}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"Untitled",src:t(812).A+"",width:"488",height:"376"})}),"\n",(0,i.jsxs)(n.p,{children:['When you\'ve selected the token amount to deposit, click on "Deposit" button.\n',(0,i.jsx)(n.img,{alt:"Untitled",src:t(2015).A+"",width:"1357",height:"520"})]}),"\n",(0,i.jsxs)(n.p,{children:["Follow the prompts on your wallet (",(0,i.jsx)(n.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,i.jsx)(n.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction."]}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"Untitled",src:t(9234).A+"",width:"1039",height:"720"})}),"\n",(0,i.jsxs)(n.p,{children:["Once the transaction has been accepted on the network, a popup will appear at the bottom left of the screen to let you know.\n",(0,i.jsx)(n.img,{alt:"Untitled",src:t(306).A+"",width:"467",height:"99"})]}),"\n",(0,i.jsx)(n.p,{children:"As a result, you will receive npeETH, which is Liquid Restaking Token (LRT). And that's it, you should be able to see your balance of Nimbora Yield Token in the portfolio section or directly into your wallet browser."}),"\n",(0,i.jsx)(n.h2,{id:"your-earning-starts-immediately",children:"Your Earning Starts Immediately!"}),"\n",(0,i.jsxs)(n.p,{children:["Your yield comes from several sources - \xa0",(0,i.jsx)(n.strong,{children:"npeETH base yield"})," +\xa0",(0,i.jsx)(n.strong,{children:"$STRK"}),"\xa0",(0,i.jsx)(n.strong,{children:"incentives"}),"\xa0+\xa0",(0,i.jsx)(n.strong,{children:"Nimbora"}),"\xa0",(0,i.jsx)(n.strong,{children:"boost."})]}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"Untitled",src:t(8237).A+"",width:"246",height:"124"})}),"\n",(0,i.jsxs)(n.ol,{children:["\n",(0,i.jsxs)(n.li,{children:[(0,i.jsx)(n.strong,{children:"Base"}),": Represents default strategy yield that auto-compounds daily."]}),"\n",(0,i.jsxs)(n.li,{children:[(0,i.jsx)(n.strong,{children:"Boost"}),": Represents incentives provided by the Nimbora team using the ",(0,i.jsx)(n.a,{href:"https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5",children:"Starknet Catalyst grant"})," that are claimable every two weeks."]}),"\n",(0,i.jsxs)(n.li,{children:[(0,i.jsx)(n.strong,{children:"Incentives"}),": Represents incentives provided by the Starknet Foundation as a part of the ",(0,i.jsx)(n.a,{href:"https://medium.com/@Nimbora/introducing-defi-spring-2-0-bigger-bolder-better-364bb96b02d6",children:"DeFi Spring 2.0"})," that are claimable every two weeks."]}),"\n"]}),"\n",(0,i.jsxs)(n.p,{children:["With this strategy you are also earning points for 3 protocols: 1x Nimbora, 3x EtherFi, 1x EigenLayer.\n",(0,i.jsx)(n.img,{alt:"Untitled",src:t(5749).A+"",width:"477",height:"367"})]}),"\n",(0,i.jsx)(n.p,{children:"Remember, holding Nimbora yield-bearing tokens gets points based on your balance. The more and longer you hold, the more points you accumulate."}),"\n",(0,i.jsx)(n.p,{children:"You can always check your leaderboard position and Nimbora points breakdown by clicking on \u2018Points\u2019 section in the upper left corner at app.nimbora.io"}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"Untitled",src:t(1972).A+"",width:"1755",height:"672"})}),"\n",(0,i.jsx)(n.h2,{id:"how-to-withdraw",children:"How to Withdraw"}),"\n",(0,i.jsx)(n.p,{children:"Withdrawal are not synchronous such as deposits. Withdrawals take between 12 and 48 hours to be processed. A fast withdrawal option should arrive later on."}),"\n",(0,i.jsx)(n.p,{children:"First, you need to decide on the amount you want to withdraw. This could be all or a portion of your assets."}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"alt",src:t(7203).A+"",width:"1357",height:"658"})}),"\n",(0,i.jsxs)(n.p,{children:["Once you've made up your mind, locate and click on the 'withdraw' button and follow the prompts on your wallet (",(0,i.jsx)(n.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,i.jsx)(n.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction."]}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"alt",src:t(1183).A+"",width:"1175",height:"782"})}),"\n",(0,i.jsx)(n.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"alt",src:t(1366).A+"",width:"411",height:"86"})}),"\n",(0,i.jsx)(n.p,{children:"You can consult all of your recent deposits in the wallet section, your transaction should be here."}),"\n",(0,i.jsx)(n.p,{children:(0,i.jsx)(n.img,{alt:"alt",src:t(4385).A+"",width:"472",height:"487"})}),"\n",(0,i.jsx)(n.p,{children:"Nimbora takes over the task of processing this request. This involves preparing your assets in order to be transferred back to your wallet, a process that is handled entirely behind the scenes to ensure a smooth and efficient operation. Once the request is ready to be claimed, Nimbora relayer will handle it and send it directly into your wallet."}),"\n",(0,i.jsx)(n.h3,{id:"what-is-etherfi",children:"What is EtherFI"}),"\n",(0,i.jsxs)(n.ul,{children:["\n",(0,i.jsx)(n.li,{children:"Non-Custodial Staking: EtherFi disrupts the decentralized finance (DeFi) space by offering non-custodial Ethereum staking. Users maintain full control over their keys, ensuring security and independence in the staking process. This approach contrasts with traditional custodial services where users relinquish control of their assets to third-party entities."}),"\n",(0,i.jsx)(n.li,{children:"Integration with EigenLayer for Enhanced Yields: EtherFi collaborates with EigenLayer, a protocol that increases rewards and boosts the value of DeFi by supporting simpler restaking. Through this integration, users can earn additional yields on top of Ethereum's staking rewards without locking up their assets, promoting flexibility and maximizing earning potential."}),"\n"]}),"\n",(0,i.jsx)(n.h3,{id:"understanding-risks-associated-with-etherfi",children:"Understanding Risks Associated with EtherFi"}),"\n",(0,i.jsxs)(n.ol,{children:["\n",(0,i.jsxs)(n.li,{children:["\n",(0,i.jsxs)(n.p,{children:[(0,i.jsx)(n.strong,{children:"Smart Contract Risks"}),":"]}),"\n",(0,i.jsxs)(n.ul,{children:["\n",(0,i.jsx)(n.li,{children:"Though EtherFi's smart contracts are crafted carefully, audited, and thoroughly tested, there always exist risks in interacting with smart contracts on the Ethereum network."}),"\n"]}),"\n"]}),"\n",(0,i.jsxs)(n.li,{children:["\n",(0,i.jsxs)(n.p,{children:[(0,i.jsx)(n.strong,{children:"Key Management Risks"}),":"]}),"\n",(0,i.jsxs)(n.ul,{children:["\n",(0,i.jsx)(n.li,{children:"With EtherFi's desktop and decentralized web applications, efforts are made to utilize the latest, safest methods for key encryption and protection. However, EtherFi cannot guarantee or represent that their methods are or will remain 100% secure. Additionally, the responsibility for key management lies in the hands of the user, and preventing user errors, while a primary aim, is virtually impossible."}),"\n"]}),"\n"]}),"\n",(0,i.jsxs)(n.li,{children:["\n",(0,i.jsxs)(n.p,{children:[(0,i.jsx)(n.strong,{children:"Regulatory Risks"}),":"]}),"\n",(0,i.jsxs)(n.ul,{children:["\n",(0,i.jsxs)(n.li,{children:["EtherFi believes in the potential of the Ethereum network to become the settlement layer for global financial markets. However, this conviction does not guarantee the future. Cryptocurrencies, including Ethereum, have faced increased governmental scrutiny as they transition from niche to mainstream. Regulatory risks include, but are not limited to:","\n",(0,i.jsxs)(n.ul,{children:["\n",(0,i.jsx)(n.li,{children:"Bans on cloud service providers offering services to crypto-related enterprises."}),"\n",(0,i.jsx)(n.li,{children:"Bans on ISPs providing crypto-related services."}),"\n",(0,i.jsx)(n.li,{children:"Onerous taxes levied on various network transactions."}),"\n"]}),"\n"]}),"\n"]}),"\n"]}),"\n"]})]})}function l(e={}){const{wrapper:n}={...(0,s.R)(),...e.components};return n?(0,i.jsx)(n,{...e,children:(0,i.jsx)(c,{...e})}):c(e)}},306:(e,n,t)=>{t.d(n,{A:()=>i});const 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This way we ensure that:","sidebar":"contractsSidebar"},"contracts/guides/l1-contracts":{"id":"contracts/guides/l1-contracts","title":"L1 Contracts","description":"Prerequisites","sidebar":"contractsSidebar"},"contracts/guides/l2-contracts":{"id":"contracts/guides/l2-contracts","title":"L2 Contracts","description":"L2 contracts for Yield Dex project.","sidebar":"contractsSidebar"},"contracts/guides/reports":{"id":"contracts/guides/reports","title":"Reports","description":"The reports exist within both L1 and L2 Pooling Manager contracts and they are the means of communication between those two contracts.","sidebar":"contractsSidebar"},"contracts/reference/L1 Contracts/pooling_manager":{"id":"contracts/reference/L1 Contracts/pooling_manager","title":"Pooling Manager","description":"l2PoolingManager","sidebar":"contractsSidebar"},"contracts/reference/L1 Contracts/starknet_messaging":{"id":"contracts/reference/L1 Contracts/starknet_messaging","title":"Starknet Messaging","description":"starknetCore","sidebar":"contractsSidebar"},"contracts/reference/L1 Contracts/strategy_base":{"id":"contracts/reference/L1 Contracts/strategy_base","title":"Strategy Base","description":"poolingManager","sidebar":"contractsSidebar"},"contracts/reference/L2 Contracts/factory":{"id":"contracts/reference/L2 Contracts/factory","title":"Factory","description":"Factory","sidebar":"contractsSidebar"},"contracts/reference/L2 Contracts/factpooling_managerory":{"id":"contracts/reference/L2 Contracts/factpooling_managerory","title":"Pooling Manager","description":"Pooling Manager","sidebar":"contractsSidebar"},"contracts/reference/L2 Contracts/token":{"id":"contracts/reference/L2 Contracts/token","title":"Token","description":"Token","sidebar":"contractsSidebar"},"contracts/reference/L2 Contracts/token_manager":{"id":"contracts/reference/L2 Contracts/token_manager","title":"Token Manager","description":"Token Manager","sidebar":"contractsSidebar"},"sdks/sdk/guides/background":{"id":"sdks/sdk/guides/background","title":"Background","description":"For those new to Nimbora, reviewing some key web3 developer concepts, the format of our examples, and SDK ideas can be beneficial before starting the integration.","sidebar":"sdkSidebar"},"sdks/sdk/guides/deposit":{"id":"sdks/sdk/guides/deposit","title":"Depositing into strategy","description":"Depositing tokens into the Layer 2 Token Manager contract is achieved by calling the deposit function. This function is capable of executing a multi-call under certain conditions.","sidebar":"sdkSidebar"},"sdks/sdk/guides/token_manager":{"id":"sdks/sdk/guides/token_manager","title":"Using the Token Manager","description":"The Token Manager is a core component in the system that allows users to interact with the Strategy. This interaction may include actions such as sending, receiving, or managing tokens. Setting it up involves several steps.","sidebar":"sdkSidebar"},"sdks/sdk/guides/withdraw":{"id":"sdks/sdk/guides/withdraw","title":"Withdrawing from strategy","description":"A withdrawal involves transferring assets from the Layer 2 Token Manager contract on the Starknet network to the Ethereum mainnet. This is a two-step operation.","sidebar":"sdkSidebar"},"sdks/sdk/overview":{"id":"sdks/sdk/overview","title":"Overview","description":"About us","sidebar":"sdkSidebar"},"sdks/sdk/technical_references/overview":{"id":"sdks/sdk/technical_references/overview","title":"Overview","description":"Overview","sidebar":"sdkSidebar"},"sdks/sdk/technical_references/token_manager":{"id":"sdks/sdk/technical_references/token_manager","title":"Token Manager","description":"constructor","sidebar":"sdkSidebar"}}}')}}]);
\ No newline at end of file
diff --git a/assets/js/aaa843f8.b8bd0115.js b/assets/js/aaa843f8.b8bd0115.js
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--- a/assets/js/aaa843f8.b8bd0115.js
+++ /dev/null
@@ -1 +0,0 @@
-"use strict";(self.webpackChunknimbora_yield_dex=self.webpackChunknimbora_yield_dex||[]).push([[3715],{6178:(e,n,t)=>{t.r(n),t.d(n,{assets:()=>l,contentTitle:()=>a,default:()=>h,frontMatter:()=>r,metadata:()=>o,toc:()=>d});var s=t(4848),i=t(8453);const r={id:"nppETH",title:"nppETH Strategy",sidebar_position:2,sidebar_class_name:"hidden"},a=void 0,o={id:"concepts/products/earn/pendle_lp_integration/nppETH",title:"nppETH Strategy",description:"Pendle LP strategy, earn with ETH",source:"@site/docs/concepts/products/earn/pendle_lp_integration/02-puffer.md",sourceDirName:"concepts/products/earn/pendle_lp_integration",slug:"/concepts/products/earn/pendle_lp_integration/nppETH",permalink:"/docs/concepts/products/earn/pendle_lp_integration/nppETH",draft:!1,unlisted:!1,editUrl:"https://github.com/0xSpaceShard/nimbora_yields_l2/docs/concepts/products/earn/pendle_lp_integration/02-puffer.md",tags:[],version:"current",sidebarPosition:2,frontMatter:{id:"nppETH",title:"nppETH Strategy",sidebar_position:2,sidebar_class_name:"hidden"},sidebar:"strategiesSidebar",previous:{title:"npeETH Strategy",permalink:"/docs/concepts/products/earn/pendle_lp_integration/npeETH"},next:{title:"npfUSDC Strategy",permalink:"/docs/concepts/products/earn/pendle_lp_integration/npfUSDC"}},l={},d=[{value:"Overview of pufETH",id:"overview-of-pufeth",level:3},{value:"Get Started",id:"get-started",level:2},{value:"Your Earning Starts Immediately",id:"your-earning-starts-immediately",level:2},{value:"How to Withdraw",id:"how-to-withdraw",level:2},{value:"What is Puffer?",id:"what-is-puffer",level:3},{value:"Understanding Risks Associated with Puffer",id:"understanding-risks-associated-with-puffer",level:3}];function c(e){const n={a:"a",h2:"h2",h3:"h3",img:"img",li:"li",ol:"ol",p:"p",strong:"strong",ul:"ul",...(0,i.R)(),...e.components};return(0,s.jsxs)(s.Fragment,{children:[(0,s.jsx)(n.p,{children:(0,s.jsx)(n.strong,{children:"Pendle LP strategy, earn with ETH"})}),"\n",(0,s.jsx)(n.p,{children:"Liquid restaking on Ethereum repurposes staked ether to validate external systems like rollups or oracles, enhancing the ecosystem's security. Liquid Restaking Tokens (LRTs) act as a buffer against slashing events and offer higher yields than native staking. They simplify participation, manage risks, and conserve gas by batch-collecting rewards. This innovation democratizes staking, challenging established leaders, and offers growth potential, albeit with capped deposits in some systems."}),"\n",(0,s.jsx)(n.h3,{id:"overview-of-pufeth",children:"Overview of pufETH"}),"\n",(0,s.jsx)(n.p,{children:"pufETH is Puffer Finance's liquid staking token (LST), which functions similarly to other LSTs by representing staked ETH in a liquid form, providing users with staking rewards while maintaining liquidity. Here\u2019s a detailed explanation of pufETH and how it operates within the Puffer Protocol:"}),"\n",(0,s.jsxs)(n.ul,{children:["\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Wrapped Version of eETH"}),": pufETH serves as the wrapped version of eETH, the native token of EtherFi. It acts as a liquid staking derivative, streamlining the staking process and offering various benefits, including automatic restaking and rewards from multiple sources."]}),"\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Yield Sources"}),":","\n",(0,s.jsxs)(n.ul,{children:["\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Ethereum Execution and Consensus Layer Staking Rewards"}),": Validators earn rewards by participating in block proposal and attestation duties."]}),"\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Loyalty Points"}),": Additional incentives provided by the Puffer Protocol for consistent participation."]}),"\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"EigenLayer Restaking Rewards"}),": Extra rewards earned by validators participating in restaking activities on EigenLayer."]}),"\n"]}),"\n"]}),"\n"]}),"\n",(0,s.jsxs)(n.h2,{id:"get-started",children:["Get Started",(0,s.jsx)(n.a,{href:"https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/nppETH#get-started"})]}),"\n",(0,s.jsxs)(n.p,{children:["Visit Nimbora dApp via invite link and connect your Starknet wallet (",(0,s.jsx)(n.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,s.jsx)(n.a,{href:"https://argent.xyz/",children:"ArgentX"}),")."]}),"\n",(0,s.jsx)(n.p,{children:"Enter the amount of ETH you want to deposit, or click on the small buttons below the box (25%, 50%, 75%, 100%) to set a desired percentage of the balance you want to deposit."}),"\n",(0,s.jsx)(n.p,{children:(0,s.jsx)(n.img,{alt:"Untitled",src:t(6050).A+"",width:"498",height:"318"})}),"\n",(0,s.jsxs)(n.p,{children:['When you\'ve selected the token amount to deposit, click on "Deposit" button.\n',(0,s.jsx)(n.img,{alt:"Untitled",src:t(9271).A+"",width:"1304",height:"516"})]}),"\n",(0,s.jsxs)(n.p,{children:["Follow the prompts on your wallet (",(0,s.jsx)(n.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,s.jsx)(n.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction.\n",(0,s.jsx)(n.img,{alt:"Untitled",src:t(5266).A+"",width:"1055",height:"732"})]}),"\n",(0,s.jsxs)(n.p,{children:["Once the transaction has been accepted on the network, a popup will appear at the bottom left of the screen to let you know.\n",(0,s.jsx)(n.img,{alt:"Untitled",src:t(7855).A+"",width:"372",height:"86"})]}),"\n",(0,s.jsx)(n.p,{children:"As a result, you will receive nppETH, which is Liquid Restaking Token (LRT). And that's it, you should be able to see your balance of Nimbora Yield Token in the portfolio section or directly into your wallet browser."}),"\n",(0,s.jsxs)(n.h2,{id:"your-earning-starts-immediately",children:["Your Earning Starts Immediately",(0,s.jsx)(n.img,{src:"https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/nppETH#your-earning-starts-immediately",alt:""})]}),"\n",(0,s.jsxs)(n.p,{children:["Your yield comes from several sources - \xa0",(0,s.jsx)(n.strong,{children:"nppETH base yield"}),"\xa0+\xa0",(0,s.jsx)(n.strong,{children:"$STRK"}),"\xa0",(0,s.jsx)(n.strong,{children:"incentives"}),"\xa0+\xa0",(0,s.jsx)(n.strong,{children:"Nimbora"}),"\xa0",(0,s.jsx)(n.strong,{children:"boost."})]}),"\n",(0,s.jsxs)(n.ol,{children:["\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Base"}),": Represents default strategy yield that auto-compounds daily."]}),"\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Boost"}),": Represents incentives provided by the Nimbora team using the\xa0",(0,s.jsx)(n.a,{href:"https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5",children:"Starknet Catalyst grant"})," that are claimable every two weeks."]}),"\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Incentives"}),": Represents incentives provided by the Starknet Foundation as a part of the\xa0",(0,s.jsx)(n.a,{href:"https://medium.com/@Nimbora/nimbora-joins-starknet-defi-spring-d7921e56e2e4",children:"DeFi Spring initiative"})," that are claimable every two weeks."]}),"\n"]}),"\n",(0,s.jsx)(n.p,{children:"With this strategy you are also earning points for 3 protocols: 1x Nimbora, 1x Puffer, 1x EigenLayer."}),"\n",(0,s.jsx)(n.p,{children:(0,s.jsx)(n.img,{alt:"Untitled",src:t(7234).A+"",width:"493",height:"310"})}),"\n",(0,s.jsx)(n.p,{children:"Remember, holding Nimbora yield-bearing tokens gets points based on your balance. The more and longer you hold, the more points you accumulate."}),"\n",(0,s.jsxs)(n.p,{children:["You can always check your leaderboard position and Nimbora points breakdown by clicking on \u2018Points\u2019 section in the upper left corner at app.nimbora.io\n",(0,s.jsx)(n.img,{alt:"Untitled",src:t(6108).A+"",width:"1617",height:"679"})]}),"\n",(0,s.jsxs)(n.h2,{id:"how-to-withdraw",children:["How to Withdraw",(0,s.jsx)(n.a,{href:"https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/nppETH#how-to-withdraw"})]}),"\n",(0,s.jsx)(n.p,{children:"Withdrawal are not synchronous such as deposits they take an average of 1 day to be processed, a fast withdrawal option should arrive later on."}),"\n",(0,s.jsx)(n.p,{children:"First, you need to decide on the amount you want to withdraw. This could be all or a portion of your assets."}),"\n",(0,s.jsx)(n.p,{children:(0,s.jsx)(n.img,{alt:"Untitled",src:t(1163).A+"",width:"1281",height:"489"})}),"\n",(0,s.jsxs)(n.p,{children:["Once you've made up your mind, locate and click on the 'withdraw' button and follow the prompts on your wallet (",(0,s.jsx)(n.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,s.jsx)(n.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction."]}),"\n",(0,s.jsx)(n.p,{children:(0,s.jsx)(n.img,{alt:"Untitled",src:t(3822).A+"",width:"986",height:"712"})}),"\n",(0,s.jsx)(n.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,s.jsx)(n.p,{children:"You can consult all of your recent deposits in the wallet section, your transaction should be here."}),"\n",(0,s.jsx)(n.p,{children:(0,s.jsx)(n.img,{alt:"Untitled",src:t(5432).A+"",width:"481",height:"474"})}),"\n",(0,s.jsx)(n.p,{children:"Nimbora takes over the task of processing this request. This involves preparing your assets in order to be transferred back to your wallet, a process that is handled entirely behind the scenes to ensure a smooth and efficient operation. Once the request is ready to be claimed, Nimbora relayer will handle it and send it directly into your wallet."}),"\n",(0,s.jsx)(n.h3,{id:"what-is-puffer",children:"What is Puffer?"}),"\n",(0,s.jsxs)(n.ul,{children:["\n",(0,s.jsxs)(n.li,{children:["\n",(0,s.jsxs)(n.p,{children:[(0,s.jsx)(n.a,{href:"https://www.puffer.fi/",children:"Puffer"})," is a decentralized native liquid restaking protocol (nLRP) built on Eigenlayer \ud83d\udc21\ud83e\udd1d"]}),"\n",(0,s.jsxs)(n.p,{children:["It makes\xa0",(0,s.jsx)(n.a,{href:"https://docs.puffer.fi/protocol/puffer-modules/#native-restaking-",children:"native restaking"}),"\xa0on\xa0",(0,s.jsx)(n.a,{href:"https://www.eigenlayer.xyz/",children:"Eigenlayer"}),"\xa0more accessible, allowing anyone to run an Ethereum Proof of Stake (PoS) validator while supercharging their rewards."]}),"\n"]}),"\n"]}),"\n",(0,s.jsx)(n.h3,{id:"understanding-risks-associated-with-puffer",children:"Understanding Risks Associated with Puffer"}),"\n",(0,s.jsxs)(n.ol,{children:["\n",(0,s.jsxs)(n.li,{children:["\n",(0,s.jsxs)(n.p,{children:[(0,s.jsx)(n.strong,{children:"Smart Contract Risks"}),":"]}),"\n",(0,s.jsxs)(n.ul,{children:["\n",(0,s.jsx)(n.li,{children:"Complexity and Audits: Despite thorough audits, smart contracts can have bugs or vulnerabilities that may be exploited, leading to potential loss of funds."}),"\n"]}),"\n"]}),"\n",(0,s.jsxs)(n.li,{children:["\n",(0,s.jsxs)(n.p,{children:[(0,s.jsx)(n.strong,{children:"Key Management Risks"}),":"]}),"\n",(0,s.jsxs)(n.ul,{children:["\n",(0,s.jsx)(n.li,{children:"Secure-Signer and User Responsibility: Puffer\u2019s Secure-Signer enhances security but cannot completely eliminate all threats. 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diff --git a/assets/js/aaa843f8.d9887a5a.js b/assets/js/aaa843f8.d9887a5a.js
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+"use strict";(self.webpackChunknimbora_yield_dex=self.webpackChunknimbora_yield_dex||[]).push([[3715],{6178:(e,n,t)=>{t.r(n),t.d(n,{assets:()=>l,contentTitle:()=>a,default:()=>h,frontMatter:()=>r,metadata:()=>o,toc:()=>d});var s=t(4848),i=t(8453);const r={id:"nppETH",title:"nppETH Strategy",sidebar_position:2,sidebar_class_name:"hidden"},a=void 0,o={id:"concepts/products/earn/pendle_lp_integration/nppETH",title:"nppETH Strategy",description:"Pendle LP strategy, earn with ETH",source:"@site/docs/concepts/products/earn/pendle_lp_integration/02-puffer.md",sourceDirName:"concepts/products/earn/pendle_lp_integration",slug:"/concepts/products/earn/pendle_lp_integration/nppETH",permalink:"/docs/concepts/products/earn/pendle_lp_integration/nppETH",draft:!1,unlisted:!1,editUrl:"https://github.com/0xSpaceShard/nimbora_yields_l2/docs/concepts/products/earn/pendle_lp_integration/02-puffer.md",tags:[],version:"current",sidebarPosition:2,frontMatter:{id:"nppETH",title:"nppETH Strategy",sidebar_position:2,sidebar_class_name:"hidden"},sidebar:"strategiesSidebar",previous:{title:"npeETH Strategy",permalink:"/docs/concepts/products/earn/pendle_lp_integration/npeETH"},next:{title:"npfUSDC Strategy",permalink:"/docs/concepts/products/earn/pendle_lp_integration/npfUSDC"}},l={},d=[{value:"Overview of pufETH",id:"overview-of-pufeth",level:3},{value:"Get Started",id:"get-started",level:2},{value:"Your Earning Starts Immediately",id:"your-earning-starts-immediately",level:2},{value:"How to Withdraw",id:"how-to-withdraw",level:2},{value:"What is Puffer?",id:"what-is-puffer",level:3},{value:"Understanding Risks Associated with Puffer",id:"understanding-risks-associated-with-puffer",level:3}];function c(e){const n={a:"a",h2:"h2",h3:"h3",img:"img",li:"li",ol:"ol",p:"p",strong:"strong",ul:"ul",...(0,i.R)(),...e.components};return(0,s.jsxs)(s.Fragment,{children:[(0,s.jsx)(n.p,{children:(0,s.jsx)(n.strong,{children:"Pendle LP strategy, earn with ETH"})}),"\n",(0,s.jsx)(n.p,{children:"Liquid restaking on Ethereum repurposes staked ether to validate external systems like rollups or oracles, enhancing the ecosystem's security. Liquid Restaking Tokens (LRTs) act as a buffer against slashing events and offer higher yields than native staking. They simplify participation, manage risks, and conserve gas by batch-collecting rewards. This innovation democratizes staking, challenging established leaders, and offers growth potential, albeit with capped deposits in some systems."}),"\n",(0,s.jsx)(n.h3,{id:"overview-of-pufeth",children:"Overview of pufETH"}),"\n",(0,s.jsx)(n.p,{children:"pufETH is Puffer Finance's liquid staking token (LST), which functions similarly to other LSTs by representing staked ETH in a liquid form, providing users with staking rewards while maintaining liquidity. Here\u2019s a detailed explanation of pufETH and how it operates within the Puffer Protocol:"}),"\n",(0,s.jsxs)(n.ul,{children:["\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Wrapped Version of eETH"}),": pufETH serves as the wrapped version of eETH, the native token of EtherFi. It acts as a liquid staking derivative, streamlining the staking process and offering various benefits, including automatic restaking and rewards from multiple sources."]}),"\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Yield Sources"}),":","\n",(0,s.jsxs)(n.ul,{children:["\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Ethereum Execution and Consensus Layer Staking Rewards"}),": Validators earn rewards by participating in block proposal and attestation duties."]}),"\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Loyalty Points"}),": Additional incentives provided by the Puffer Protocol for consistent participation."]}),"\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"EigenLayer Restaking Rewards"}),": Extra rewards earned by validators participating in restaking activities on EigenLayer."]}),"\n"]}),"\n"]}),"\n"]}),"\n",(0,s.jsxs)(n.h2,{id:"get-started",children:["Get Started",(0,s.jsx)(n.a,{href:"https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/nppETH#get-started"})]}),"\n",(0,s.jsxs)(n.p,{children:["Visit Nimbora dApp via invite link and connect your Starknet wallet (",(0,s.jsx)(n.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,s.jsx)(n.a,{href:"https://argent.xyz/",children:"ArgentX"}),")."]}),"\n",(0,s.jsx)(n.p,{children:"Enter the amount of ETH you want to deposit, or click on the small buttons below the box (25%, 50%, 75%, 100%) to set a desired percentage of the balance you want to deposit."}),"\n",(0,s.jsx)(n.p,{children:(0,s.jsx)(n.img,{alt:"Untitled",src:t(6050).A+"",width:"498",height:"318"})}),"\n",(0,s.jsxs)(n.p,{children:['When you\'ve selected the token amount to deposit, click on "Deposit" button.\n',(0,s.jsx)(n.img,{alt:"Untitled",src:t(9271).A+"",width:"1304",height:"516"})]}),"\n",(0,s.jsxs)(n.p,{children:["Follow the prompts on your wallet (",(0,s.jsx)(n.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,s.jsx)(n.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction.\n",(0,s.jsx)(n.img,{alt:"Untitled",src:t(5266).A+"",width:"1055",height:"732"})]}),"\n",(0,s.jsxs)(n.p,{children:["Once the transaction has been accepted on the network, a popup will appear at the bottom left of the screen to let you know.\n",(0,s.jsx)(n.img,{alt:"Untitled",src:t(7855).A+"",width:"372",height:"86"})]}),"\n",(0,s.jsx)(n.p,{children:"As a result, you will receive nppETH, which is Liquid Restaking Token (LRT). And that's it, you should be able to see your balance of Nimbora Yield Token in the portfolio section or directly into your wallet browser."}),"\n",(0,s.jsxs)(n.h2,{id:"your-earning-starts-immediately",children:["Your Earning Starts Immediately",(0,s.jsx)(n.img,{src:"https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/nppETH#your-earning-starts-immediately",alt:""})]}),"\n",(0,s.jsxs)(n.p,{children:["Your yield comes from several sources - \xa0",(0,s.jsx)(n.strong,{children:"nppETH base yield"}),"\xa0+\xa0",(0,s.jsx)(n.strong,{children:"$STRK"}),"\xa0",(0,s.jsx)(n.strong,{children:"incentives"}),"\xa0+\xa0",(0,s.jsx)(n.strong,{children:"Nimbora"}),"\xa0",(0,s.jsx)(n.strong,{children:"boost."})]}),"\n",(0,s.jsxs)(n.ol,{children:["\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Base"}),": Represents default strategy yield that auto-compounds daily."]}),"\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Boost"}),": Represents incentives provided by the Nimbora team using the\xa0",(0,s.jsx)(n.a,{href:"https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5",children:"Starknet Catalyst grant"})," that are claimable every two weeks."]}),"\n",(0,s.jsxs)(n.li,{children:[(0,s.jsx)(n.strong,{children:"Incentives"}),": Represents incentives provided by the Starknet Foundation as a part of the ",(0,s.jsx)(n.a,{href:"https://medium.com/@Nimbora/introducing-defi-spring-2-0-bigger-bolder-better-364bb96b02d6",children:"DeFi Spring 2.0"})," that are claimable every two weeks."]}),"\n"]}),"\n",(0,s.jsx)(n.p,{children:"With this strategy you are also earning points for 3 protocols: 1x Nimbora, 1x Puffer, 1x EigenLayer."}),"\n",(0,s.jsx)(n.p,{children:(0,s.jsx)(n.img,{alt:"Untitled",src:t(7234).A+"",width:"493",height:"310"})}),"\n",(0,s.jsx)(n.p,{children:"Remember, holding Nimbora yield-bearing tokens gets points based on your balance. The more and longer you hold, the more points you accumulate."}),"\n",(0,s.jsxs)(n.p,{children:["You can always check your leaderboard position and Nimbora points breakdown by clicking on \u2018Points\u2019 section in the upper left corner at app.nimbora.io\n",(0,s.jsx)(n.img,{alt:"Untitled",src:t(6108).A+"",width:"1617",height:"679"})]}),"\n",(0,s.jsxs)(n.h2,{id:"how-to-withdraw",children:["How to Withdraw",(0,s.jsx)(n.a,{href:"https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/nppETH#how-to-withdraw"})]}),"\n",(0,s.jsx)(n.p,{children:"Withdrawal are not synchronous such as deposits. Withdrawals take between 12 and 48 hours to be processed. A fast withdrawal option should arrive later on."}),"\n",(0,s.jsx)(n.p,{children:"First, you need to decide on the amount you want to withdraw. This could be all or a portion of your assets."}),"\n",(0,s.jsx)(n.p,{children:(0,s.jsx)(n.img,{alt:"Untitled",src:t(1163).A+"",width:"1281",height:"489"})}),"\n",(0,s.jsxs)(n.p,{children:["Once you've made up your mind, locate and click on the 'withdraw' button and follow the prompts on your wallet (",(0,s.jsx)(n.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,s.jsx)(n.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction."]}),"\n",(0,s.jsx)(n.p,{children:(0,s.jsx)(n.img,{alt:"Untitled",src:t(3822).A+"",width:"986",height:"712"})}),"\n",(0,s.jsx)(n.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,s.jsx)(n.p,{children:"You can consult all of your recent deposits in the wallet section, your transaction should be here."}),"\n",(0,s.jsx)(n.p,{children:(0,s.jsx)(n.img,{alt:"Untitled",src:t(5432).A+"",width:"481",height:"474"})}),"\n",(0,s.jsx)(n.p,{children:"Nimbora takes over the task of processing this request. This involves preparing your assets in order to be transferred back to your wallet, a process that is handled entirely behind the scenes to ensure a smooth and efficient operation. Once the request is ready to be claimed, Nimbora relayer will handle it and send it directly into your wallet."}),"\n",(0,s.jsx)(n.h3,{id:"what-is-puffer",children:"What is Puffer?"}),"\n",(0,s.jsxs)(n.ul,{children:["\n",(0,s.jsxs)(n.li,{children:["\n",(0,s.jsxs)(n.p,{children:[(0,s.jsx)(n.a,{href:"https://www.puffer.fi/",children:"Puffer"})," is a decentralized native liquid restaking protocol (nLRP) built on Eigenlayer \ud83d\udc21\ud83e\udd1d"]}),"\n",(0,s.jsxs)(n.p,{children:["It makes\xa0",(0,s.jsx)(n.a,{href:"https://docs.puffer.fi/protocol/puffer-modules/#native-restaking-",children:"native restaking"}),"\xa0on\xa0",(0,s.jsx)(n.a,{href:"https://www.eigenlayer.xyz/",children:"Eigenlayer"}),"\xa0more accessible, allowing anyone to run an Ethereum Proof of Stake (PoS) validator while supercharging their rewards."]}),"\n"]}),"\n"]}),"\n",(0,s.jsx)(n.h3,{id:"understanding-risks-associated-with-puffer",children:"Understanding Risks Associated with Puffer"}),"\n",(0,s.jsxs)(n.ol,{children:["\n",(0,s.jsxs)(n.li,{children:["\n",(0,s.jsxs)(n.p,{children:[(0,s.jsx)(n.strong,{children:"Smart Contract Risks"}),":"]}),"\n",(0,s.jsxs)(n.ul,{children:["\n",(0,s.jsx)(n.li,{children:"Complexity and Audits: Despite thorough audits, smart contracts can have bugs or vulnerabilities that may be exploited, leading to potential loss of funds."}),"\n"]}),"\n"]}),"\n",(0,s.jsxs)(n.li,{children:["\n",(0,s.jsxs)(n.p,{children:[(0,s.jsx)(n.strong,{children:"Key Management Risks"}),":"]}),"\n",(0,s.jsxs)(n.ul,{children:["\n",(0,s.jsx)(n.li,{children:"Secure-Signer and User Responsibility: Puffer\u2019s Secure-Signer enhances security but cannot completely eliminate all threats. Users must manage their keys responsibly and maintain strong security practices."}),"\n"]}),"\n"]}),"\n",(0,s.jsxs)(n.li,{children:["\n",(0,s.jsxs)(n.p,{children:[(0,s.jsx)(n.strong,{children:"Regulatory Risks"}),":"]}),"\n",(0,s.jsxs)(n.ul,{children:["\n",(0,s.jsx)(n.li,{children:"Uncertain Legal Environment: Changing regulations could impact Puffer, including restrictions on services or new taxation policies affecting staking profitability."}),"\n"]}),"\n"]}),"\n",(0,s.jsxs)(n.li,{children:["\n",(0,s.jsxs)(n.p,{children:[(0,s.jsx)(n.strong,{children:"Technical Risks"}),":"]}),"\n",(0,s.jsxs)(n.ul,{children:["\n",(0,s.jsx)(n.li,{children:"System Failures and Downtime: Validators need continuous operation to earn rewards; any failures can result in missed rewards or penalties."}),"\n",(0,s.jsx)(n.li,{children:"Slashing Risks: There is still a risk of slashing due to bugs, misconfigurations, or issues in the consensus protocol, despite Secure-Signer 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diff --git a/assets/js/b334c96c.4fe7ee70.js b/assets/js/b334c96c.4fe7ee70.js
new file mode 100644
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+"use strict";(self.webpackChunknimbora_yield_dex=self.webpackChunknimbora_yield_dex||[]).push([[8854],{6962:(e,t,n)=>{n.r(t),n.d(t,{assets:()=>c,contentTitle:()=>i,default:()=>h,frontMatter:()=>a,metadata:()=>r,toc:()=>A});var o=n(4848),s=n(8453);const a={id:"earn",title:"Earn",sidebar_position:2,sidebar_class_name:"hidden"},i=void 0,r={id:"concepts/guide/earn",title:"Earn",description:"Understanding the Earn Section",source:"@site/docs/concepts/guide/02-earn.md",sourceDirName:"concepts/guide",slug:"/concepts/guide/earn",permalink:"/docs/concepts/guide/earn",draft:!1,unlisted:!1,editUrl:"https://github.com/0xSpaceShard/nimbora_yields_l2/docs/concepts/guide/02-earn.md",tags:[],version:"current",sidebarPosition:2,frontMatter:{id:"earn",title:"Earn",sidebar_position:2,sidebar_class_name:"hidden"},sidebar:"strategiesSidebar",previous:{title:"First Steps",permalink:"/docs/concepts/guide/first_steps"},next:{title:"Borrow",permalink:"/docs/concepts/guide/borrow"}},c={},A=[{value:"Understanding the Earn Section",id:"understanding-the-earn-section",level:2},{value:"How to deposit",id:"how-to-deposit",level:2},{value:"How to request a withdrawal",id:"how-to-request-a-withdrawal",level:2}];function d(e){const t={a:"a",h2:"h2",img:"img",li:"li",ol:"ol",p:"p",strong:"strong",...(0,s.R)(),...e.components};return(0,o.jsxs)(o.Fragment,{children:[(0,o.jsx)(t.h2,{id:"understanding-the-earn-section",children:"Understanding the Earn Section"}),"\n",(0,o.jsx)(t.p,{children:"There are several yield strategies with different underlying tokens and APR (Annual Percentage Rate). Each card represent a certain strategy, it can be a lending pool, a strategy aggregator, an AMM liquidity pool..."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(9728).A+"",width:"779",height:"533"})}),"\n",(0,o.jsxs)(t.p,{children:[(0,o.jsx)(t.strong,{children:"APR is the percentage of assets you will earn on your deposit after a year"}),". If you want to deposit $100 of a certain token in a strategy, if APR is 10% avergae you'll earn $10 after a year."]}),"\n",(0,o.jsxs)(t.p,{children:[(0,o.jsx)(t.strong,{children:"APR is not fixed"}),". APR can change based on several factor such as market condition or the net asset value of the L1 strategy."]}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.strong,{children:"Here's an APR breakdown of the nsDAI strategy"})}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(8624).A+"",width:"296",height:"161"})}),"\n",(0,o.jsxs)(t.ol,{children:["\n",(0,o.jsxs)(t.li,{children:[(0,o.jsx)(t.strong,{children:"Base"}),": Represents default strategy yield that auto-compounds daily."]}),"\n",(0,o.jsxs)(t.li,{children:[(0,o.jsx)(t.strong,{children:"Boost"}),": Represents incentives provided by the Nimbora team using the ",(0,o.jsx)(t.a,{href:"https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5",children:"Starknet Catalyst grant"})," that are claimable every two weeks."]}),"\n",(0,o.jsxs)(t.li,{children:[(0,o.jsx)(t.strong,{children:"Incentives"}),": Represents incentives provided by the Starknet Foundation as a part of the ",(0,o.jsx)(t.a,{href:"https://medium.com/@Nimbora/introducing-defi-spring-2-0-bigger-bolder-better-364bb96b02d6",children:"DeFi Spring 2.0"})," that are claimable every two weeks."]}),"\n"]}),"\n",(0,o.jsxs)(t.p,{children:[(0,o.jsx)(t.strong,{children:"Underlying protocols"}),". Underlying protocols linked to the strategy are displayed, you can choose the one you are the most comfortable with."]}),"\n",(0,o.jsxs)(t.p,{children:[(0,o.jsx)(t.strong,{children:"Underlying token"}),". The underlying token is the token used to deposit into the strategy, strategy yield bearing token is correlated to the underlying, just providing additional rewards."]}),"\n",(0,o.jsxs)(t.p,{children:[(0,o.jsx)(t.strong,{children:"Total value locked"}),". The total value locked (TVL) is the total amount of assets held in the strategy converted in USD."]}),"\n",(0,o.jsx)(t.p,{children:"Choose the strategy that you want and click on the card for next steps"}),"\n",(0,o.jsx)(t.h2,{id:"how-to-deposit",children:"How to deposit"}),"\n",(0,o.jsx)(t.p,{children:"Enter the amount you want to deposit or click on the buttons to set a desired percentage of your balance you want to deposit."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(8447).A+"",width:"1407",height:"608"})}),"\n",(0,o.jsxs)(t.p,{children:['When you\'ve selected the token amount to deposit, click on "deposit" and follow the prompts on your wallet (',(0,o.jsx)(t.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,o.jsx)(t.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction."]}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(5459).A+"",width:"1397",height:"697"})}),"\n",(0,o.jsx)(t.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(5370).A+"",width:"440",height:"77"})}),"\n",(0,o.jsx)(t.p,{children:"You can consult all of your recent deposits in the wallet section, your transaction should be here."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(3789).A+"",width:"482",height:"439"})}),"\n",(0,o.jsx)(t.p,{children:"And that's it, you should be able to see your balance of Nimbora yield token into the portfolio section or directly into your wallet browser."}),"\n",(0,o.jsx)(t.h2,{id:"how-to-request-a-withdrawal",children:"How to request a withdrawal"}),"\n",(0,o.jsx)(t.p,{children:"Withdrawal are not synchronous such as deposits. Withdrawals take between 12 and 48 hours to be processed. A fast withdrawal option should arrive later on."}),"\n",(0,o.jsx)(t.p,{children:"First, you need to decide on the amount you want to withdraw. This could be all or a portion of your assets."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(803).A+"",width:"1364",height:"603"})}),"\n",(0,o.jsx)(t.p,{children:"Once you've made up your mind, locate and click on the 'withdraw' button and follow the prompts on your wallet (Argent or Braavos) to complete the transaction."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(8527).A+"",width:"1332",height:"777"})}),"\n",(0,o.jsx)(t.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(742).A+"",width:"433",height:"67"})}),"\n",(0,o.jsx)(t.p,{children:"You can consult all of your recent deposits in the wallet section, your transaction should be here."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(1009).A+"",width:"483",height:"481"})}),"\n",(0,o.jsx)(t.p,{children:"And that's it, you should see your pending request in the navbar."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(9847).A+"",width:"483",height:"210"})}),"\n",(0,o.jsx)(t.p,{children:"Nimbora takes over the task of processing this request. 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Once the request is ready to be claimed, Nimbora relayer will handle it and send it directly into your wallet."})]})}function h(e={}){const{wrapper:t}={...(0,s.R)(),...e.components};return t?(0,o.jsx)(t,{...e,children:(0,o.jsx)(d,{...e})}):d(e)}},8624:(e,t,n)=>{n.d(t,{A:()=>o});const 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Each card represent a certain strategy, it can be a lending pool, a strategy aggregator, an AMM liquidity pool..."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(9728).A+"",width:"779",height:"533"})}),"\n",(0,o.jsxs)(t.p,{children:[(0,o.jsx)(t.strong,{children:"APR is the percentage of assets you will earn on your deposit after a year"}),". If you want to deposit $100 of a certain token in a strategy, if APR is 10% avergae you'll earn $10 after a year."]}),"\n",(0,o.jsxs)(t.p,{children:[(0,o.jsx)(t.strong,{children:"APR is not fixed"}),". APR can change based on several factor such as market condition or the net asset value of the L1 strategy."]}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.strong,{children:"Here's an APR breakdown of the nsDAI strategy"})}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(8624).A+"",width:"296",height:"161"})}),"\n",(0,o.jsxs)(t.ol,{children:["\n",(0,o.jsxs)(t.li,{children:[(0,o.jsx)(t.strong,{children:"Base"}),": Represents default strategy yield that auto-compounds daily."]}),"\n",(0,o.jsxs)(t.li,{children:[(0,o.jsx)(t.strong,{children:"Boost"}),": Represents incentives provided by the Nimbora team using the ",(0,o.jsx)(t.a,{href:"https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5",children:"Starknet Catalyst grant"})," that are claimable every two weeks."]}),"\n",(0,o.jsxs)(t.li,{children:[(0,o.jsx)(t.strong,{children:"Incentives"}),": Represents incentives provided by the Starknet Foundation as a part of the ",(0,o.jsx)(t.a,{href:"https://medium.com/@Nimbora/nimbora-joins-starknet-defi-spring-d7921e56e2e4",children:"DeFi Spring initiative"})," that are claimable every two weeks."]}),"\n"]}),"\n",(0,o.jsxs)(t.p,{children:[(0,o.jsx)(t.strong,{children:"Underlying protocols"}),". Underlying protocols linked to the strategy are displayed, you can choose the one you are the most comfortable with."]}),"\n",(0,o.jsxs)(t.p,{children:[(0,o.jsx)(t.strong,{children:"Underlying token"}),". The underlying token is the token used to deposit into the strategy, strategy yield bearing token is correlated to the underlying, just providing additional rewards."]}),"\n",(0,o.jsxs)(t.p,{children:[(0,o.jsx)(t.strong,{children:"Total value locked"}),". The total value locked (TVL) is the total amount of assets held in the strategy converted in USD."]}),"\n",(0,o.jsx)(t.p,{children:"Choose the strategy that you want and click on the card for next steps"}),"\n",(0,o.jsx)(t.h2,{id:"how-to-deposit",children:"How to deposit"}),"\n",(0,o.jsx)(t.p,{children:"Enter the amount you want to deposit or click on the buttons to set a desired percentage of your balance you want to deposit."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(8447).A+"",width:"1407",height:"608"})}),"\n",(0,o.jsxs)(t.p,{children:['When you\'ve selected the token amount to deposit, click on "deposit" and follow the prompts on your wallet (',(0,o.jsx)(t.a,{href:"https://braavos.app/",children:"Braavos"}),"\xa0or\xa0",(0,o.jsx)(t.a,{href:"https://argent.xyz/",children:"ArgentX"}),") to complete the transaction."]}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(5459).A+"",width:"1397",height:"697"})}),"\n",(0,o.jsx)(t.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(5370).A+"",width:"440",height:"77"})}),"\n",(0,o.jsx)(t.p,{children:"You can consult all of your recent deposits in the wallet section, your transaction should be here."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(3789).A+"",width:"482",height:"439"})}),"\n",(0,o.jsx)(t.p,{children:"And that's it, you should be able to see your balance of Nimbora yield token into the portfolio section or directly into your wallet browser."}),"\n",(0,o.jsx)(t.h2,{id:"how-to-request-a-withdrawal",children:"How to request a withdrawal"}),"\n",(0,o.jsx)(t.p,{children:"Withdrawal are not synchronous such as deposits they take an average of 1 day to be processed, a fast withdrawal option should arrive later on."}),"\n",(0,o.jsx)(t.p,{children:"First, you need to decide on the amount you want to withdraw. This could be all or a portion of your assets."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(803).A+"",width:"1364",height:"603"})}),"\n",(0,o.jsx)(t.p,{children:"Once you've made up your mind, locate and click on the 'withdraw' button and follow the prompts on your wallet (Argent or Braavos) to complete the transaction."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(8527).A+"",width:"1332",height:"777"})}),"\n",(0,o.jsx)(t.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(742).A+"",width:"433",height:"67"})}),"\n",(0,o.jsx)(t.p,{children:"You can consult all of your recent deposits in the wallet section, your transaction should be here."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(1009).A+"",width:"483",height:"481"})}),"\n",(0,o.jsx)(t.p,{children:"And that's it, you should see your pending request in the navbar."}),"\n",(0,o.jsx)(t.p,{children:(0,o.jsx)(t.img,{alt:"alt",src:n(9847).A+"",width:"483",height:"210"})}),"\n",(0,o.jsx)(t.p,{children:"Nimbora takes over the task of processing this request. This involves preparing your assets in order to be transferred back to your wallet, a process that is handled entirely behind the scenes to ensure a smooth and efficient operation. Once the request is ready to be claimed, Nimbora relayer will handle it and send it directly into your wallet."})]})}function h(e={}){const{wrapper:t}={...(0,s.R)(),...e.components};return t?(0,o.jsx)(t,{...e,children:(0,o.jsx)(d,{...e})}):d(e)}},8624:(e,t,n)=>{n.d(t,{A:()=>o});const 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diff --git a/assets/js/f69a5c4e.7aeef185.js b/assets/js/f69a5c4e.7aeef185.js
new file mode 100644
index 0000000..67970eb
--- /dev/null
+++ b/assets/js/f69a5c4e.7aeef185.js
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+"use strict";(self.webpackChunknimbora_yield_dex=self.webpackChunknimbora_yield_dex||[]).push([[4580],{1683:(e,t,i)=>{i.r(t),i.d(t,{assets:()=>l,contentTitle:()=>r,default:()=>h,frontMatter:()=>o,metadata:()=>a,toc:()=>c});var n=i(4848),s=i(8453);const o={id:"liquity",title:"Liquity Strategy",sidebar_position:1},r=void 0,a={id:"concepts/products/borrow/liquity",title:"Liquity Strategy",description:"Liquity strategy allows users to borrow LUSD, a stablecoin pegged to the U.S. dollar, using ETH as collateral. This strategy is beneficial for users who want to leverage their assets without selling them. If ETH value goes up while the loan is active, repaying it becomes more profitable as users get back their ETH, now more valuable. On top of this, participating in this strategy now comes with a bonus: a ~29% APR in STRK tokens, provided by the Starknet Foundation as a part of the DeFi Spring 2.0 that are claimable every two weeks.",source:"@site/docs/concepts/products/borrow/01-strategy-lusd.md",sourceDirName:"concepts/products/borrow",slug:"/concepts/products/borrow/liquity",permalink:"/docs/concepts/products/borrow/liquity",draft:!1,unlisted:!1,editUrl:"https://github.com/0xSpaceShard/nimbora_yields_l2/docs/concepts/products/borrow/01-strategy-lusd.md",tags:[],version:"current",sidebarPosition:1,frontMatter:{id:"liquity",title:"Liquity Strategy",sidebar_position:1},sidebar:"strategiesSidebar",previous:{title:"npfUSDC Strategy",permalink:"/docs/concepts/products/earn/pendle_lp_integration/npfUSDC"},next:{title:"Useful Links",permalink:"/docs/concepts/links"}},l={},c=[{value:"Understanding the Borrow Section",id:"understanding-the-borrow-section",level:2},{value:"Which trove should you select?",id:"which-trove-should-you-select",level:3},{value:"How to borrow",id:"how-to-borrow",level:2},{value:"Repay the Loan",id:"repay-the-loan",level:2},{value:"What is Liquity?",id:"what-is-liquity",level:3},{value:"What is LUSD",id:"what-is-lusd",level:3},{value:"What is the LUSD contract on Starknet",id:"what-is-the-lusd-contract-on-starknet",level:3},{value:"How frequently are borrows processed?",id:"how-frequently-are-borrows-processed",level:3},{value:"Do I really pay no interests on Liquity?",id:"do-i-really-pay-no-interests-on-liquity",level:3},{value:"I don\u2019t have enough LUSD to pay my debt, what can I do?",id:"i-dont-have-enough-lusd-to-pay-my-debt-what-can-i-do",level:3},{value:"Understanding Risks Associated with Liquity",id:"understanding-risks-associated-with-liquity",level:3},{value:"Vigilant Surveillance:",id:"vigilant-surveillance",level:3}];function d(e){const t={a:"a",h2:"h2",h3:"h3",img:"img",li:"li",ol:"ol",p:"p",strong:"strong",ul:"ul",...(0,s.R)(),...e.components};return(0,n.jsxs)(n.Fragment,{children:[(0,n.jsxs)(t.p,{children:[(0,n.jsx)(t.strong,{children:"Liquity strategy allows users to borrow LUSD"}),", a stablecoin pegged to the U.S. dollar, using ETH as collateral. This strategy is beneficial for users who want to leverage their assets without selling them. If ETH value goes up while the loan is active, repaying it becomes more profitable as users get back their ETH, now more valuable. On top of this, participating in this strategy now comes with a bonus: a ~29% APR in STRK tokens, provided by the Starknet Foundation as a part of the ",(0,n.jsx)(t.a,{href:"https://medium.com/@Nimbora/introducing-defi-spring-2-0-bigger-bolder-better-364bb96b02d6",children:"DeFi Spring 2.0"})," that are claimable every two weeks."]}),"\n",(0,n.jsx)(t.h2,{id:"understanding-the-borrow-section",children:"Understanding the Borrow Section"}),"\n",(0,n.jsx)(t.p,{children:"There are 2 cards (troves) with 2 different TCR (total collateral ratio). The CR is not fixed, as its value is pegged to the ETH price. That is why the screenshot below might not match the current numbers you will see once you open the troves."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"Untitled",src:i(310).A+"",width:"1041",height:"622"})}),"\n",(0,n.jsxs)(t.p,{children:[(0,n.jsx)(t.strong,{children:"TCR is the percentage of assets you need to lock up as collateral when borrowing"}),". If you want to borrow $100 and the TCR is 676%, you must provide $676 worth of assets as collateral."]}),"\n",(0,n.jsxs)(t.p,{children:["Lets take as an example this image above - trove 604 TCR will require ",(0,n.jsx)(t.strong,{children:"less collateral"})," compared to Trove 910 CR, but Trove 910 TCR is ",(0,n.jsx)(t.strong,{children:"more secure"})," than Trove 604 ."]}),"\n",(0,n.jsx)(t.p,{children:"Consider this scenario: if all troves were open when the ETH price was at $1600, Trove 910 would have a higher tolerance for price fluctuations compared to Trove 604, allowing it to withstand a more significant drop in ETH price before facing liquidation."}),"\n",(0,n.jsx)(t.p,{children:"Once the collateral is deposited and locked, users can borrow against it according to the platform's loan-to-value ratio. If the value of the collateral falls below certain thresholds, the system may automatically liquidate the assets to repay the loan."}),"\n",(0,n.jsx)(t.h3,{id:"which-trove-should-you-select",children:(0,n.jsx)(t.strong,{children:"Which trove should you select?"})}),"\n",(0,n.jsx)(t.p,{children:"This depends on how much LUSD you want to borrow and ongoing initiatives."}),"\n",(0,n.jsxs)(t.p,{children:["The left trove offers a unique opportunity for users to borrow with minimal transaction costs, subsidized by the ",(0,n.jsx)(t.a,{href:"https://medium.com/@Nimbora/defi-spring-just-got-better-earn-strk-with-nimbora-x-liquity-d7e881f22c38",children:"Nimbora x Liquity"})," collaboration."]}),"\n",(0,n.jsx)(t.h2,{id:"how-to-borrow",children:"How to borrow"}),"\n",(0,n.jsx)(t.p,{children:"Enter the amount you want to supply or click on the buttons to set a desired percentage of your balance you want to deposit. You can also directly enter the amount of LUSD you want to borrow, both fields can be used."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:i(3402).A+"",width:"2134",height:"1078"})}),"\n",(0,n.jsx)(t.p,{children:'Finally, when you\'ve selected the amount, click on "borrow" and follow the prompts on your wallet (Argent or Braavos) to complete the transaction.'}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:i(9692).A+"",width:"2676",height:"1078"})}),"\n",(0,n.jsx)(t.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:i(816).A+"",width:"670",height:"268"})}),"\n",(0,n.jsx)(t.p,{children:"You can consult all of your recent borrow in the wallet sections, your transaction should be here."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:i(9893).A+"",width:"974",height:"270"})}),"\n",(0,n.jsx)(t.p,{children:"And that's it, your borrow request has been sent, you can see it in pending orders section."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:i(7154).A+"",width:"998",height:"282"})}),"\n",(0,n.jsx)(t.p,{children:"Borrow should be processed within a day, LUSD will be directly sent to your wallet."}),"\n",(0,n.jsx)(t.h2,{id:"repay-the-loan",children:"Repay the Loan"}),"\n",(0,n.jsx)(t.p,{children:"First, you need to decide on the amount you want to repay. This could be all of your debt or only a portion of it."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:i(2422).A+"",width:"2316",height:"918"})}),"\n",(0,n.jsx)(t.p,{children:"Once you've made up your mind, locate and click on the 'repay' button and follow the prompts on your wallet (Argent or Braavos) to complete the transaction."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:i(3328).A+"",width:"2316",height:"1012"})}),"\n",(0,n.jsx)(t.p,{children:"Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:i(6396).A+"",width:"678",height:"238"})}),"\n",(0,n.jsx)(t.p,{children:"You can consult all of your recent repays in the wallet sections, your transaction should be here."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:i(547).A+"",width:"974",height:"282"})}),"\n",(0,n.jsx)(t.p,{children:"And that's it, your repay request has been sent, you can see it in pending orders section."}),"\n",(0,n.jsx)(t.p,{children:(0,n.jsx)(t.img,{alt:"alt",src:i(6974).A+"",width:"998",height:"574"})}),"\n",(0,n.jsx)(t.p,{children:"Repay should be processed within a day, ETH will be directly sent to your wallet."}),"\n",(0,n.jsx)(t.h3,{id:"what-is-liquity",children:"What is Liquity?"}),"\n",(0,n.jsx)(t.p,{children:"-Liquity is an interest-free borrowing protocol on Ethereum. Liquity offers decentralized, interest-free loans in LUSD against Ether collateral, requiring a minimum 110% collateral ratio."}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"Loan security is enhanced by a Stability Pool with LUSD and collective backing from borrowers as ultimate guarantors."}),"\n"]}),"\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"The protocol is non-custodial, immutable, and operates without governance."}),"\n"]}),"\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"It is highly secure, has several audits, and tops Defi Safety\u2019s security list."}),"\n"]}),"\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"Additional resources about Liquity:"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsx)(t.li,{children:(0,n.jsx)(t.a,{href:"https://www.liquity.org/",children:"Website"})}),"\n",(0,n.jsx)(t.li,{children:(0,n.jsx)(t.a,{href:"https://docs.liquity.org/",children:"Docs"})}),"\n",(0,n.jsx)(t.li,{children:(0,n.jsx)(t.a,{href:"https://dune.com/liquity/liquity",children:"Analytics"})}),"\n",(0,n.jsx)(t.li,{children:(0,n.jsx)(t.a,{href:"https://twitter.com/LiquityProtocol",children:"Liquity on Twittter"})}),"\n"]}),"\n"]}),"\n"]}),"\n",(0,n.jsx)(t.h3,{id:"what-is-lusd",children:"What is LUSD"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"LUSD is a stablecoin pegged to the US Dollar. It serves as the payment medium for loans in the Liquity protocol, offering redemption against collateral at face value."}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"LUSD can be only minted against ETH, making it very resilient and independent of any centralized parties. Due to this it is a very popular treasury asset, but also across protocols and LP pools on mainnet and many L2\u2019s."}),"\n"]}),"\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsxs)(t.p,{children:["Additional resources about ",(0,n.jsx)(t.a,{href:"https://docs.liquity.org/faq/general#what-are-lusd-and-lqty",children:"LUSD"})]}),"\n"]}),"\n"]}),"\n"]}),"\n"]}),"\n",(0,n.jsx)(t.h3,{id:"what-is-the-lusd-contract-on-starknet",children:"What is the LUSD contract on Starknet"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"LUSD contract on Starknet is: 0x070a76fd48ca0ef910631754d77dd822147fe98a569b826ec85e3c33fde586ac"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["All official Liquity contracts can be found ",(0,n.jsx)(t.a,{href:"https://docs.liquity.org/documentation/resources#contract-addresses",children:"here"}),"."]}),"\n"]}),"\n"]}),"\n"]}),"\n",(0,n.jsx)(t.h3,{id:"how-frequently-are-borrows-processed",children:"How frequently are borrows processed?"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsx)(t.li,{children:"Borrow takes a day to be processed."}),"\n"]}),"\n",(0,n.jsx)(t.h3,{id:"do-i-really-pay-no-interests-on-liquity",children:"Do I really pay no interests on Liquity?"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsx)(t.p,{children:"Yes, really! Liquity charges no interest, ever."}),"\n"]}),"\n",(0,n.jsxs)(t.li,{children:["\n",(0,n.jsxs)(t.p,{children:["You pay only a one-off fee when opening the loan. This fee is almost always 0.50% but can go slightly higher at times. Read more about it ",(0,n.jsx)(t.a,{href:"https://docs.liquity.org/faq/borrowing",children:"here"}),"."]}),"\n"]}),"\n"]}),"\n",(0,n.jsx)(t.h3,{id:"i-dont-have-enough-lusd-to-pay-my-debt-what-can-i-do",children:"I don\u2019t have enough LUSD to pay my debt, what can I do?"}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsxs)(t.li,{children:["If you don\u2019t have enough LUSD in your account you can use the ",(0,n.jsx)(t.a,{href:"https://starkgate.starknet.io/",children:"Starkgate"})," bridge to bridge the LUSD amount required to pay your debt and get back your collateral."]}),"\n"]}),"\n",(0,n.jsx)(t.h3,{id:"understanding-risks-associated-with-liquity",children:"Understanding Risks Associated with Liquity"}),"\n",(0,n.jsxs)(t.ol,{children:["\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Smart Contract Risk"}),":"]}),"\n"]}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsx)(t.li,{children:"Liquity, like any other DeFi protocol, is vulnerable to smart contract exploits. Despite efforts to audit and secure the smart contracts, there remains a risk of undiscovered vulnerabilities. Exploits can lead to loss of funds or manipulation of the protocol."}),"\n"]}),"\n",(0,n.jsxs)(t.ol,{start:"2",children:["\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Liquidation Risk"}),":"]}),"\n"]}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsx)(t.li,{children:"When users create a trove in Liquity, they must maintain a collateral ratio of at least 110%. Troves that fall below this threshold are subject to liquidation."}),"\n"]}),"\n",(0,n.jsxs)(t.p,{children:[(0,n.jsx)(t.strong,{children:"Process"}),":"]}),"\n",(0,n.jsxs)(t.ol,{children:["\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Stability Pool Usage"}),": The system uses funds from the Stability Pool to cancel the debt of undercollateralized troves."]}),"\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Redistribution Mechanism"}),": If the Stability Pool lacks sufficient funds, a redistribution mechanism is activated, spreading the debt and collateral of liquidated troves among all trove holders."]}),"\n"]}),"\n",(0,n.jsxs)(t.p,{children:[(0,n.jsx)(t.strong,{children:"Penalty"}),":\nUsers facing liquidation may incur a penalty of up to 10%, which incentivizes them to maintain a safe collateral ratio."]}),"\n",(0,n.jsxs)(t.ol,{start:"3",children:["\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Redemption Risk"}),":"]}),"\n"]}),"\n",(0,n.jsxs)(t.ul,{children:["\n",(0,n.jsx)(t.li,{children:"Liquity allows direct redemption of LUSD stablecoins for the underlying collateral, Ether. This process carries certain risks for borrowers."}),"\n"]}),"\n",(0,n.jsxs)(t.p,{children:[(0,n.jsx)(t.strong,{children:"Process"}),":"]}),"\n",(0,n.jsxs)(t.ol,{children:["\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Debt Cancellation"}),": Redeeming LUSD cancels debt from the riskiest trove in the system, i.e., the trove with the lowest collateral ratio."]}),"\n",(0,n.jsxs)(t.li,{children:[(0,n.jsx)(t.strong,{children:"Collateral Transfer"}),": The redeemer receives a corresponding amount of Ether from the trove used for debt cancellation."]}),"\n"]}),"\n",(0,n.jsxs)(t.p,{children:[(0,n.jsx)(t.strong,{children:"Impact"}),":\nRedemptions reduce the borrower's leverage and increase the overall collateral ratio of the system. While there's no additional penalty for borrowers, redemptions can lead to collateral loss and deleveraging of positions."]}),"\n",(0,n.jsx)(t.h3,{id:"vigilant-surveillance",children:"Vigilant Surveillance:"}),"\n",(0,n.jsx)(t.p,{children:"In the realm of Nimbora, your trove's collateralization ratio is closely monitored by the protocol itself. While you can't directly alter this ratio, rest assured that Nimbora diligently adjusts the risk levels to safeguard against potential liquidations or redemptions."})]})}function h(e={}){const{wrapper:t}={...(0,s.R)(),...e.components};return t?(0,n.jsx)(t,{...e,children:(0,n.jsx)(d,{...e})}):d(e)}},310:(e,t,i)=>{i.d(t,{A:()=>n});const n=i.p+"assets/images/borrow-9fd6760420993e4b45318b147f016299.png"},9893:(e,t,i)=>{i.d(t,{A:()=>n});const n=i.p+"assets/images/cborrow-ff7c3058e6326d535fd19f82dfc1f8be.png"},547:(e,t,i)=>{i.d(t,{A:()=>n});const n=i.p+"assets/images/crepay-7f66882a9d5d21530962e6455fdfde79.png"},816:(e,t,i)=>{i.d(t,{A:()=>n});const n=i.p+"assets/images/fborrow-5b8541fc949d92743e9d4b401873e954.png"},6396:(e,t,i)=>{i.d(t,{A:()=>n});const n=i.p+"assets/images/frepay-efe06924436f6dd3de1481c0bcac122b.png"},3402:(e,t,i)=>{i.d(t,{A:()=>n});const n=i.p+"assets/images/hborrow-1941d97f77696569971cb08fc3ac7710.png"},2422:(e,t,i)=>{i.d(t,{A:()=>n});const n=i.p+"assets/images/hrepay-6c2c7a69869035fa0d7c8dfc4e79b3ed.png"},7154:(e,t,i)=>{i.d(t,{A:()=>n});const n=i.p+"assets/images/pborrow-543450737916637591f9a691a798ac38.png"},6974:(e,t,i)=>{i.d(t,{A:()=>n});const n=i.p+"assets/images/prepay-30a8f9e62c1eaef021cea60d3203a750.png"},9692:(e,t,i)=>{i.d(t,{A:()=>n});const n=i.p+"assets/images/rborrow-a34119612f02aab6231de2d92ce54db7.png"},3328:(e,t,i)=>{i.d(t,{A:()=>n});const n=i.p+"assets/images/rrepay-c26914c7978772ff7950488c4b5a257c.png"},8453:(e,t,i)=>{i.d(t,{R:()=>r,x:()=>a});var n=i(6540);const s={},o=n.createContext(s);function r(e){const t=n.useContext(o);return n.useMemo((function(){return"function"==typeof e?e(t):{...t,...e}}),[t,e])}function a(e){let t;return t=e.disableParentContext?"function"==typeof e.components?e.components(s):e.components||s:r(e.components),n.createElement(o.Provider,{value:t},e.children)}}}]);
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