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lrt mentions + liquity page
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Vuk97 committed Aug 28, 2024
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33 changes: 5 additions & 28 deletions docs/concepts/products/borrow/01-strategy-lusd.md
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Expand Up @@ -4,30 +4,23 @@ title: Liquity Strategy
sidebar_position: 1
---

**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](https://medium.com/@Nimbora/introducing-defi-spring-2-0-bigger-bolder-better-364bb96b02d6) that are claimable every two weeks.
**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 ~11 APR in STRK tokens, provided by the Starknet Foundation as a part of the [DeFi Spring 2.0](https://medium.com/@Nimbora/introducing-defi-spring-2-0-bigger-bolder-better-364bb96b02d6) that are claimable every two weeks.


## Understanding the Borrow Section

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.
There's a card (trove) with a CR ratio. **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 627%, you must provide $627 worth of assets as collateral.

![Untitled](/content/borrow.png)
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.

**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.
![Untitled](/content/borrow.png)

Lets take as an example this image above - trove 604 TCR will require **less collateral** compared to Trove 910 CR, but Trove 910 TCR is **more secure** than Trove 604 .

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.
Higher CR allows it to withstand a more significant drop in ETH price before facing liquidation.

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.


### **Which trove should you select?**

This depends on how much LUSD you want to borrow and ongoing initiatives.

The left trove offers a unique opportunity for users to borrow with minimal transaction costs, subsidized by the [Nimbora x Liquity](https://medium.com/@Nimbora/defi-spring-just-got-better-earn-strk-with-nimbora-x-liquity-d7e881f22c38) collaboration.

## How to borrow


Expand All @@ -42,14 +35,6 @@ Finally, when you've selected the amount, click on "borrow" and follow the promp
![alt](/content/rborrow.png)


Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know.

![alt](/content/fborrow.png)

You can consult all of your recent borrow in the wallet sections, your transaction should be here.

![alt](/content/cborrow.png)

And that's it, your borrow request has been sent, you can see it in pending orders section.

![alt](/content/pborrow.png)
Expand All @@ -67,14 +52,6 @@ Once you've made up your mind, locate and click on the 'repay' button and follow

![alt](/content/rrepay.png)

Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know.

![alt](/content/frepay.png)

You can consult all of your recent repays in the wallet sections, your transaction should be here.

![alt](/content/crepay.png)

And that's it, your repay request has been sent, you can see it in pending orders section.

![alt](/content/prepay.png)
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2 changes: 1 addition & 1 deletion docs/concepts/products/earn/02-strategy-sstrk.md
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Expand Up @@ -109,7 +109,7 @@ Once the transaction has been accepted on the network, a popup will appear at th
![sSTRK Deposit Approve ](../../../../static/content/stategy_sstrk/deposit_approved.png)


As a result, you will receive sSTRK, 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.
As a result, you will receive sSTRK. 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.

## How to request a withdrawal

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Expand Up @@ -38,7 +38,7 @@ Follow the prompts on your wallet ([Braavos](https://braavos.app/) or [ArgentX
Once the transaction has been accepted on the network, a popup will appear at the bottom left of the screen to let you know.
![Untitled](../../../../../static/content/strategy_npeeth/npeeth_confirmation.png)

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.
As a result, you will receive npeETH - Nimbora yield bearing token. 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.


## Your Earning Starts Immediately!
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Expand Up @@ -40,7 +40,7 @@ Once the transaction has been accepted on the network, a popup will appear at th
![Untitled](../../../../../static/content/stategy_nppeth/deposit_accepted.png)


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.
As a result, you will receive nppETH, Nimbora yield bearing token. 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.


## Your Earning Starts Immediately![](https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/nppETH#your-earning-starts-immediately)
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Expand Up @@ -30,7 +30,7 @@ Once the transaction has been accepted on the network, a popup will appear at th
![Untitled](../../../../../static/content/strategy_npfusdc/deposit_accepted.png)


As a result, you will receive npfUSDC, 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.
As a result, you will receive npfUSDC, Nimbora yield bearing token. 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.


## Your Earning Starts Immediately![](https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/npfUSDC#your-earning-starts-immediately)
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