From f17a77b37016f3315b25a0015699240fb146a6cd Mon Sep 17 00:00:00 2001 From: 0xSacha <90143060+0xSacha@users.noreply.github.com> Date: Tue, 8 Oct 2024 13:45:46 +0100 Subject: [PATCH] feat(yd): increase delay --- docs/concepts/guide/02-earn.md | 40 +++----- .../products/earn/01-strategy-sdai.md | 64 +++++------- .../products/earn/03-strategy-angle.md | 39 +++----- .../earn/pendle_lp_integration/01-etherfi.md | 58 +++++------ .../earn/pendle_lp_integration/02-puffer.md | 45 ++++----- hiddenStrategies/04-aave_usdt.md | 98 ------------------- 6 files changed, 98 insertions(+), 246 deletions(-) delete mode 100644 hiddenStrategies/04-aave_usdt.md diff --git a/docs/concepts/guide/02-earn.md b/docs/concepts/guide/02-earn.md index d71535c..e8dd272 100644 --- a/docs/concepts/guide/02-earn.md +++ b/docs/concepts/guide/02-earn.md @@ -1,6 +1,6 @@ --- id: earn -title: Earn +title: Earn sidebar_position: 2 sidebar_class_name: hidden --- @@ -11,54 +11,46 @@ There are several yield strategies with different underlying tokens and APR (Ann ![alt](/content/strategy_nsdai/strategy_nsdai.png) -**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% average you'll earn $10 after a year. +**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% average you'll earn $10 after a year. - -**APR is not fixed**. APR can change based on several factor such as market condition or the net asset value of the L1 strategy. +**APR is not fixed**. APR can change based on several factor such as market condition or the net asset value of the L1 strategy. **Here's an APR breakdown of the nsDAI strategy** ![alt](/content/strategy_nsdai/apr_breakdown.png) -1. **Base**: Represents default strategy yield that auto-compounds daily. We take a 20% performance fee. The APRs displayed are what you actually receive, as our performance fee has already been accounted for. +1. **Base**: Represents default strategy yield that auto-compounds daily. We take a 20% performance fee. The APRs displayed are what you actually receive, as our performance fee has already been accounted for. 2. **Boost**: Represents incentives provided by the Nimbora team using the [Starknet Catalyst grant](https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5) that are claimable every week at the [rewards page](https://app.nimbora.io/rewards/). 3. **Incentives**: Represents incentives 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 week at the [rewards page](https://app.nimbora.io/rewards/). 4. **Extra: Ekubo LP** Providing Nimbora yield bearing tokens as liquidity on Ekubo is tracked and added to the total claimable STRK amount at the [rewards page](https://app.nimbora.io/rewards/). - -**Underlying protocols**. Underlying protocols linked to the strategy are displayed, you can choose the one you are the most comfortable with. +**Underlying protocols**. Underlying protocols linked to the strategy are displayed, you can choose the one you are the most comfortable with. **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. **Total value locked**. The total value locked (TVL) is the total amount of assets held in the strategy converted in USD. - Choose the strategy that you want and click on the card for next steps ## How to deposit -Enter the amount you want to deposit or click on the buttons to set a desired percentage of your balance you want to deposit. +Enter the amount you want to deposit or click on the buttons to set a desired percentage of your balance you want to deposit. ![alt](/content/strategy_nsdai/strategy_nsdai_deposit.png) - When you've selected the token amount to deposit, click on "deposit" and follow the prompts on your wallet ([Braavos](https://braavos.app/) or [ArgentX](https://argent.xyz/)) to complete the transaction. ![alt](/content/strategy_nsdai/strategy_nsdai_deposit_wallet.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. +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/strategy_nsdai/strategy_nsdai_deposit_confirm.png) - -You can consult all of your recent deposits in the wallet section, your transaction should be here. +You can consult all of your recent deposits in the wallet section, your transaction should be here. ![alt](/content/strategy_nsdai/strategy_nsdai_deposit_recent.png) -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. - - +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. ## How to request a withdrawal @@ -66,13 +58,11 @@ You can choose between two withdrawal options - Instant and Normal. ![alt](../../../static/content/strategy_nsdai/strategy_nsdai_withdraw_instant.png) - -Instant withdrawals factor in the price impact and set slippage. +Instant withdrawals factor in the price impact and set slippage. ![alt](../../../static/content/strategy_nsdai/strategy_nsdai_withdraw_normal.png) - -Normal withdrawals are not synchronous such as deposits and take between 24 and 48 hours to be processed. +Normal withdrawals are not synchronous such as deposits and take between 24 and 72 hours to be processed. Once you have selected the withdraw tab, you will need to decide on the amount you want to withdraw. This could be all or a portion of your assets. @@ -80,12 +70,11 @@ Click on the 'withdraw' button and follow the prompts on your wallet ([Braavos]( ![alt](/content/strategy_nsdai/strategy_nsdai_withdraw_wallet.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. +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/strategy_nsdai/strategy_nsdai_withdraw_confirm.png) -You can consult all of your recent deposits in the wallet section, your transaction should be here. +You can consult all of your recent deposits in the wallet section, your transaction should be here. ![alt](/content/strategy_nsdai/strategy_nsdai_withdraw_recent.png) @@ -93,5 +82,4 @@ And that's it, you should see your pending request in the navbar. ![alt](/content/strategy_nsdai/strategy_nsdai_withdraw_pending.png) -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. - +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. diff --git a/docs/concepts/products/earn/01-strategy-sdai.md b/docs/concepts/products/earn/01-strategy-sdai.md index 7fb3ebc..ac62805 100644 --- a/docs/concepts/products/earn/01-strategy-sdai.md +++ b/docs/concepts/products/earn/01-strategy-sdai.md @@ -8,69 +8,59 @@ sidebar_class_name: hidden **This strategy allows users to leverage their DAI holdings** by depositing them into an sDai vault, which is a specialized financial vehicle. This depositing action allows their DAI to be put to work, generating potential profits over time. The approach combines the security of DAI, a stablecoin, with the revenue-generating power of DeFi strategies. This mechanism is designed to provide users with a more effective way to maximize the potential return on their DAI investments. ### Source of yields + - Maker Protocol fees coming from DAI borrow and treasury earning. This strategy is straightforward as the logic is very simple: it consists of depositing tokens into DSR to acquire sDai. ![alt](/content/sdai.png) - - ## Get Started Visit Nimbora dApp via invite link and connect your Starknet wallet ([Braavos](https://braavos.app/) or [ArgentX](https://argent.xyz/)). - - ![alt](/content/strategy_nsdai/strategy_nsdai.png) - - 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. - -Enter the amount you want to deposit or click on the buttons to set a desired percentage of your balance you want to deposit. +Enter the amount you want to deposit or click on the buttons to set a desired percentage of your balance you want to deposit. ![alt](/content/strategy_nsdai/strategy_nsdai_deposit.png) - When you've selected the token amount to deposit, click on "deposit" and follow the prompts on your wallet ([Braavos](https://braavos.app/) or [ArgentX](https://argent.xyz/)) to complete the transaction. ![alt](/content/strategy_nsdai/strategy_nsdai_deposit_wallet.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. +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/strategy_nsdai/strategy_nsdai_deposit_confirm.png) -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. +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. ## Your Earning Starts Immediately! -Your yield comes from several sources -  **nsDAI base yield** + **$STRK** **incentives** + **Nimbora** **boost.** +Your yield comes from several sources -  **nsDAI base yield** + **$STRK** **incentives** + **Nimbora** **boost.** **Here's an APR breakdown of the nsDAI strategy** ![alt](/content/strategy_nsdai/apr_breakdown.png) -1. **Base**: Represents default strategy yield that auto-compounds daily. We take a 20% performance fee. The APRs displayed are what you actually receive, as our performance fee has already been accounted for. +1. **Base**: Represents default strategy yield that auto-compounds daily. We take a 20% performance fee. The APRs displayed are what you actually receive, as our performance fee has already been accounted for. 2. **Boost**: Represents incentives provided by the Nimbora team using the [Starknet Catalyst grant](https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5) that are claimable every week at the [rewards page](https://app.nimbora.io/rewards/). 3. **Incentives**: Represents incentives 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 week at the [rewards page](https://app.nimbora.io/rewards/). 4. **Extra: Ekubo LP** Providing Nimbora yield bearing tokens as liquidity on Ekubo is tracked and added to the total claimable STRK amount at the [rewards page](https://app.nimbora.io/rewards/). - ## How to request a withdrawal You can choose between two withdrawal options - Instant and Normal. ![alt](../../../../static/content/strategy_nsdai/strategy_nsdai_withdraw_instant.png) -Instant withdrawals factor in the price impact and set slippage. +Instant withdrawals factor in the price impact and set slippage. ![alt](../../../../static/content/strategy_nsdai/strategy_nsdai_withdraw_normal.png) - -Normal withdrawals are not synchronous such as deposits and take between 24 and 48 hours to be processed. +Normal withdrawals are not synchronous such as deposits and take between 24 and 72 hours to be processed. Once you have selected the withdraw tab, you will need to decide on the amount you want to withdraw. This could be all or a portion of your assets. @@ -78,8 +68,7 @@ Click on the 'withdraw' button and follow the prompts on your wallet ([Braavos]( ![alt](/content/strategy_nsdai/strategy_nsdai_withdraw_wallet.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. +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/strategy_nsdai/strategy_nsdai_withdraw_confirm.png) @@ -87,11 +76,11 @@ And that's it, you should see your pending request in the navbar. ![alt](/content/strategy_nsdai/strategy_nsdai_withdraw_pending.png) -You can consult all of your recent transactions in the wallet section. Your transaction should be here. +You can consult all of your recent transactions in the wallet section. Your transaction should be here. ![alt](/content/strategy_nsdai/strategy_nsdai_withdraw_recent.png) -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. +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. ### What is sDAI @@ -139,35 +128,37 @@ Nimbora takes over the task of processing this request. This involves preparing - The Multi Collateral Dai (MCD) update expands collateral options to include various Ethereum-based assets, contingent on approval by MKR holders. - - This enhancement introduces new features to the protocol, promoting broader asset acceptance and flexibility. + - This enhancement introduces new features to the protocol, promoting broader asset acceptance and flexibility. - More about Maker: - [Website](https://makerdao.com/en/) - [Docs](https://docs.makerdao.com/) - [MakerDAO on Twitter](https://twitter.com/MakerDAO) - - ### Understanding Risks Associated with SDAI 1. **Smart Contract Risk**: - - sDAI, like other DeFi protocols, is susceptible to exploits, including smart contract vulnerabilities and malicious attacks. + + - sDAI, like other DeFi protocols, is susceptible to exploits, including smart contract vulnerabilities and malicious attacks. 2. **Regulatory Risks**: - - MakerDAO's shift towards RWA-based collateral introduces regulatory uncertainty due to its decentralized nature. - - Increased reliance on RWAs may lead to compliance challenges and potential regulatory gaps. + + - MakerDAO's shift towards RWA-based collateral introduces regulatory uncertainty due to its decentralized nature. + - Increased reliance on RWAs may lead to compliance challenges and potential regulatory gaps. 3. **Collateral Risks**: - - RWAs' default risks may result in collateral shortfalls, jeopardizing the 1:1 USD peg of sDAI. - - Fluctuations in the DAI Savings Rate (DSR) could strain liquidity buffers if significant amounts of sDAI are minted or burned abruptly. - - RWAs' sensitivity to interest rate fluctuations may lead to losses if redemptions are required before maturity. + + - RWAs' default risks may result in collateral shortfalls, jeopardizing the 1:1 USD peg of sDAI. + - Fluctuations in the DAI Savings Rate (DSR) could strain liquidity buffers if significant amounts of sDAI are minted or burned abruptly. + - RWAs' sensitivity to interest rate fluctuations may lead to losses if redemptions are required before maturity. 4. **Collateral Risks**: - - MakerDAO's engagement with multiple counterparties exposes it to credit risks such as liquidity, reputation, and settlement challenges. + + - MakerDAO's engagement with multiple counterparties exposes it to credit risks such as liquidity, reputation, and settlement challenges. 5. **Centralization and Transparency Risks**: - - Pursuing additional returns through RWAs may increase centralization within MakerDAO. - - Onboarding RWAs reduces transparency compared to on-chain crypto assets, posing transparency risks. + - Pursuing additional returns through RWAs may increase centralization within MakerDAO. + - Onboarding RWAs reduces transparency compared to on-chain crypto assets, posing transparency risks. ### Stay Tuned for Upgrades @@ -175,8 +166,7 @@ Keep an eye on our updates as we roll out new features and advanced strategies t **Join our [Discord](http://discord.gg/nimbora) for alpha and early notifications 🚀** -[![Nimbora Discord](../../../../static/content/stategy_sstrk/Discord.png)](https://discord.gg/nimbora) - +[![Nimbora Discord](../../../../static/content/stategy_sstrk/Discord.png)](https://discord.gg/nimbora) Stay tuned for updates as we continue to bring more 1-click yield strategies to life. Follow [Nimbora on X](https://x.com/Nimbora_) (Twitter) or [Medium](https://medium.com/@Nimbora). @@ -198,4 +188,4 @@ Nimbora is a Starknet-based omnichain 1-click yield strategies platform that ena 🐧🗞️ [Docs](https://docs.nimbora.io/) -🐧🛡 [Audit](https://github.com/0xSpaceShard/nimbora_audit_report_yield_dex/blob/main/Nimbora%20Audit%20Report.pdf) \ No newline at end of file +🐧🛡 [Audit](https://github.com/0xSpaceShard/nimbora_audit_report_yield_dex/blob/main/Nimbora%20Audit%20Report.pdf) diff --git a/docs/concepts/products/earn/03-strategy-angle.md b/docs/concepts/products/earn/03-strategy-angle.md index 707258b..c746cf9 100644 --- a/docs/concepts/products/earn/03-strategy-angle.md +++ b/docs/concepts/products/earn/03-strategy-angle.md @@ -1,5 +1,5 @@ --- -id: nstUSD +id: nstUSD title: nstUSD Strategy sidebar_position: 3 sidebar_class_name: hidden @@ -8,62 +8,55 @@ sidebar_class_name: hidden **This strategy allows users to leverage their USDC holdings** by minting stUSD, generating yields through RWAs and DeFi assets in Angle Protocol’s reserves. ## About Angle -[Angle](https://www.angle.money/) is a DeFi Protocol specializing in building resilient stablecoin infrastructures. The Protocol’s main products are USDA, the most reliable USD stablecoin, and EURA (formerly agEUR), the most traded Euro stablecoin. Known for its innovative stablecoin mechanisms and reliability, Angle is ranked among the safest DeFi protocols on DeFiSafety. Backed by Andreessen Horowitz (a16z), Angle operates as a Decentralized Autonomous Organization (DAO), ensuring community-driven governance with its veANGLE token used for voting governance proposals. Angle Labs, the main contributor to Angle Protocol, also powers [Merkl](https://merkl.xyz/), a platform enabling foundations, DAOs, and protocols such as Arbitrum, Uniswap, or Aave to create tailored and efficient on-chain incentive programs to optimize their liquidity and growth. +[Angle](https://www.angle.money/) is a DeFi Protocol specializing in building resilient stablecoin infrastructures. The Protocol’s main products are USDA, the most reliable USD stablecoin, and EURA (formerly agEUR), the most traded Euro stablecoin. Known for its innovative stablecoin mechanisms and reliability, Angle is ranked among the safest DeFi protocols on DeFiSafety. Backed by Andreessen Horowitz (a16z), Angle operates as a Decentralized Autonomous Organization (DAO), ensuring community-driven governance with its veANGLE token used for voting governance proposals. Angle Labs, the main contributor to Angle Protocol, also powers [Merkl](https://merkl.xyz/), a platform enabling foundations, DAOs, and protocols such as Arbitrum, Uniswap, or Aave to create tailored and efficient on-chain incentive programs to optimize their liquidity and growth. ## Get Started Visit Nimbora dApp via invite link and connect your Starknet wallet ([Braavos](https://braavos.app/) or [ArgentX](https://argent.xyz/)). - - ![alt](../../../../static/content/strategy_nstusd/main.png) - 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. - -Enter the amount you want to deposit or click on the buttons to set a desired percentage of your balance you want to deposit. +Enter the amount you want to deposit or click on the buttons to set a desired percentage of your balance you want to deposit. ![alt](../../../../static/content/strategy_nstusd/deposit.png) - When you've selected the token amount to deposit, click on "deposit" and follow the prompts on your wallet ([Braavos](https://braavos.app/) or [ArgentX](https://argent.xyz/)) to complete the transaction. ![alt](../../../../static/content/strategy_nstusd/deposit_confrm.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. +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](../../../../static/content/strategy_nstusd/deposit_accepted.png) - -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. +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. ## Your Earning Starts Immediately! -Your yield comes from several sources -  **nstUSD base yield** + **$STRK** **incentives** + **Nimbora** **boost.** +Your yield comes from several sources -  **nstUSD base yield** + **$STRK** **incentives** + **Nimbora** **boost.** **Here's an APR breakdown of the nstUSD strategy** ![alt](../../../../static/content/strategy_nstusd/main.png) -1. **Base**: Represents default strategy yield that auto-compounds daily. We take a 20% performance fee. The APRs displayed are what you actually receive, as our performance fee has already been accounted for. +1. **Base**: Represents default strategy yield that auto-compounds daily. We take a 20% performance fee. The APRs displayed are what you actually receive, as our performance fee has already been accounted for. 2. **Boost**: Represents incentives provided by the Nimbora team using the [Starknet Catalyst grant](https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5) that are claimable every week at the [rewards page](https://app.nimbora.io/rewards/). 3. **Incentives**: Represents incentives 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 week at the [rewards page](https://app.nimbora.io/rewards/). 4. **Ekubo LP** Providing Nimbora yield bearing tokens as liquidity on Ekubo is tracked and added to the total claimable STRK amount at the [rewards page](https://app.nimbora.io/rewards/). ## How to request a withdrawal + You can choose between two withdrawal options - Instant and Normal. ![alt](../../../../static/content/strategy_nstusd/withdraw.png) -Instant withdrawals factor in the price impact and set slippage. +Instant withdrawals factor in the price impact and set slippage. ![alt](../../../../static/content/strategy_nstusd/withdraw_normal.png) - -Normal withdrawals are not synchronous such as deposits and take between 24 and 48 hours to be processed. +Normal withdrawals are not synchronous such as deposits and take between 24 and 72 hours to be processed. Once you have selected the withdraw tab, you will need to decide on the amount you want to withdraw. This could be all or a portion of your assets. @@ -71,11 +64,11 @@ Click on the 'withdraw' button and follow the prompts on your wallet ([Braavos]( ![alt](../../../../static/content/strategy_nstusd/withdraw_confirm.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. +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](../../../../static/content/strategy_nstusd/withdraw_accept.png) -You can consult all of your recent transactions in the wallet section. Your transaction should be here. +You can consult all of your recent transactions in the wallet section. Your transaction should be here. ![alt](../../../../static/content/strategy_nstusd/recent.png) @@ -83,8 +76,7 @@ And that's it, you should see your pending request in the navbar. ![alt](../../../../static/content/strategy_nstusd/withdraw_pending.png) -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. - +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. ### Stay Tuned for Upgrades @@ -92,8 +84,7 @@ Keep an eye on our updates as we roll out new features and advanced strategies t **Join our [Discord](http://discord.gg/nimbora) for alpha and early notifications 🚀** -[![Nimbora Discord](../../../../static/content/stategy_sstrk/Discord.png)](https://discord.gg/nimbora) - +[![Nimbora Discord](../../../../static/content/stategy_sstrk/Discord.png)](https://discord.gg/nimbora) Stay tuned for updates as we continue to bring more 1-click yield strategies to life. Follow [Nimbora on X](https://x.com/Nimbora_) (Twitter) or [Medium](https://medium.com/@Nimbora). @@ -115,4 +106,4 @@ Nimbora is a Starknet-based omnichain 1-click yield strategies platform that ena 🐧🗞️ [Docs](https://docs.nimbora.io/) -🐧🛡 [Audit](https://github.com/0xSpaceShard/nimbora_audit_report_yield_dex/blob/main/Nimbora%20Audit%20Report.pdf) \ No newline at end of file +🐧🛡 [Audit](https://github.com/0xSpaceShard/nimbora_audit_report_yield_dex/blob/main/Nimbora%20Audit%20Report.pdf) diff --git a/docs/concepts/products/earn/pendle_lp_integration/01-etherfi.md b/docs/concepts/products/earn/pendle_lp_integration/01-etherfi.md index 57cd9c9..92a431f 100644 --- a/docs/concepts/products/earn/pendle_lp_integration/01-etherfi.md +++ b/docs/concepts/products/earn/pendle_lp_integration/01-etherfi.md @@ -5,25 +5,22 @@ sidebar_position: 1 sidebar_class_name: hidden --- -**Pendle LP strategy, earn with ETH** +**Pendle LP strategy, earn with ETH** -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. +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. -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. - -Yield come from several sources: - - Ethereum execution and consensus layer staking rewards - - Loyalty points - - EigenLayer restaking rewards +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. +Yield come from several sources: +- Ethereum execution and consensus layer staking rewards +- Loyalty points +- EigenLayer restaking rewards ## Get Started Visit [Nimbora dApp](https://app.nimbora.io) via invite link and connect your Starknet wallet ([Braavos](https://braavos.app/) or [ArgentX](https://argent.xyz/)). - - 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. ![Untitled](../../../../../static/content/strategy_npeeth/npeeth_home.png) @@ -38,26 +35,25 @@ 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 - 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. - +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! Your yield comes from several sources -  **npeETH base yield** + **$STRK** **incentives** + **Nimbora** **boost.** -![Untitled](../../../../../static/content/strategy_npeeth/npeeth_yieldbreakdown.png) +![Untitled](../../../../../static/content/strategy_npeeth/npeeth_yieldbreakdown.png) -1. **Base**: Represents default strategy yield that auto-compounds daily. We take a 20% performance fee. The APRs displayed are what you actually receive, as our performance fee has already been accounted for. +1. **Base**: Represents default strategy yield that auto-compounds daily. We take a 20% performance fee. The APRs displayed are what you actually receive, as our performance fee has already been accounted for. 2. **Boost**: Represents incentives provided by the Nimbora team using the [Starknet Catalyst grant](https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5) that are claimable every week at the [rewards page](https://app.nimbora.io/rewards/). 3. **Incentives**: Represents incentives 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 week at the [rewards page](https://app.nimbora.io/rewards/). 4. **Extra: Ekubo LP** Providing Nimbora yield bearing tokens as liquidity on Ekubo is tracked and added to the total claimable STRK amount at the [rewards page](https://app.nimbora.io/rewards/). -With this strategy you are also earning points for 3 protocols: 1x Nimbora, 3x EtherFi, 1x EigenLayer. -The points are harvested by our L1 smart contract. Users will have an option of voting on whether these points get sold or delegated to an EVM address. +With this strategy you are also earning points for 3 protocols: 1x Nimbora, 3x EtherFi, 1x EigenLayer. +The points are harvested by our L1 smart contract. Users will have an option of voting on whether these points get sold or delegated to an EVM address. -![Untitled](../../../../../static/content/strategy_npeeth/npeeth_points_variety.png) +![Untitled](../../../../../static/content/strategy_npeeth/npeeth_points_variety.png) -Remember, holding Nimbora yield-bearing tokens gets points based on your balance. The more and longer you hold, the more points you accumulate. +Remember, holding Nimbora yield-bearing tokens gets points based on your balance. The more and longer you hold, the more points you accumulate. You can always check your leaderboard position and Nimbora points breakdown by clicking on ‘Points’ section in the upper left corner at app.nimbora.io @@ -69,12 +65,11 @@ You can choose between two withdrawal options - Instant and Normal. ![alt](../../../../../static/content/strategy_npeeth/npeeth_withdraw_normal.png) -Instant withdrawals factor in the price impact and set slippage. +Instant withdrawals factor in the price impact and set slippage. ![Untitled](../../../../../static/content/strategy_npeeth/npeeth_withdraw_instant.png) - -Normal withdrawals are not synchronous such as deposits and take between 24 and 48 hours to be processed. +Normal withdrawals are not synchronous such as deposits and take between 24 and 72 hours to be processed. Once you have selected the withdraw tab, you will need to decide on the amount you want to withdraw. This could be all or a portion of your assets. @@ -82,33 +77,29 @@ Click on the 'withdraw' button and follow the prompts on your wallet ([Braavos]( ![alt](../../../../../static/content/strategy_npeeth/npeeth_withdraw_wallet.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. +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](../../../../../static/content/strategy_npeeth/npeeth_withdraw_confirm.png) -You can consult all of your recent transactions in the wallet section. Your transaction should be here. +You can consult all of your recent transactions in the wallet section. Your transaction should be here. ![alt](../../../../../static/content/strategy_npeeth/npeeth_withdraw_recent.png) - - 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. ### What is EtherFI - - - 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. - - 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. - - +- 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. +- 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. ### Understanding Risks Associated with EtherFi 1. **Smart Contract Risks**: + - 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. 2. **Key Management Risks**: + - 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. 3. **Regulatory Risks**: @@ -123,8 +114,7 @@ Keep an eye on our updates as we roll out new features and advanced strategies t **Join our [Discord](http://discord.gg/nimbora) for alpha and early notifications 🚀** -[![Nimbora Discord](../../../../../static/content/stategy_sstrk/Discord.png)](https://discord.gg/nimbora) - +[![Nimbora Discord](../../../../../static/content/stategy_sstrk/Discord.png)](https://discord.gg/nimbora) Stay tuned for updates as we continue to bring more 1-click yield strategies to life. Follow [Nimbora on X](https://x.com/Nimbora_) (Twitter) or [Medium](https://medium.com/@Nimbora). @@ -146,4 +136,4 @@ Nimbora is a Starknet-based omnichain 1-click yield strategies platform that ena 🐧🗞️ [Docs](https://docs.nimbora.io/) -🐧🛡 [Audit](https://github.com/0xSpaceShard/nimbora_audit_report_yield_dex/blob/main/Nimbora%20Audit%20Report.pdf) \ No newline at end of file +🐧🛡 [Audit](https://github.com/0xSpaceShard/nimbora_audit_report_yield_dex/blob/main/Nimbora%20Audit%20Report.pdf) diff --git a/docs/concepts/products/earn/pendle_lp_integration/02-puffer.md b/docs/concepts/products/earn/pendle_lp_integration/02-puffer.md index 0f89f5f..bb48e33 100644 --- a/docs/concepts/products/earn/pendle_lp_integration/02-puffer.md +++ b/docs/concepts/products/earn/pendle_lp_integration/02-puffer.md @@ -7,7 +7,7 @@ sidebar_class_name: hidden **Pendle LP strategy, earn with ETH** -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. +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. ### Overview of pufETH @@ -15,10 +15,9 @@ pufETH is Puffer Finance's liquid staking token (LST), which functions similarly - **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. - **Yield Sources**: - - **Ethereum Execution and Consensus Layer Staking Rewards**: Validators earn rewards by participating in block proposal and attestation duties. - - **Loyalty Points**: Additional incentives provided by the Puffer Protocol for consistent participation. - - **EigenLayer Restaking Rewards**: Extra rewards earned by validators participating in restaking activities on EigenLayer. - + - **Ethereum Execution and Consensus Layer Staking Rewards**: Validators earn rewards by participating in block proposal and attestation duties. + - **Loyalty Points**: Additional incentives provided by the Puffer Protocol for consistent participation. + - **EigenLayer Restaking Rewards**: Extra rewards earned by validators participating in restaking activities on EigenLayer. ## Get Started[](https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/nppETH#get-started) @@ -28,32 +27,28 @@ Enter the amount of ETH you want to deposit, or click on the small buttons below ![Untitled](../../../../../static/content/stategy_nppeth/main.png) - -When you've selected the token amount to deposit, click on "Deposit" button. +When you've selected the token amount to deposit, click on "Deposit" button. ![Untitled](../../../../../static/content/stategy_nppeth/deposit.png) Follow the prompts on your wallet ([Braavos](https://braavos.app/) or [ArgentX](https://argent.xyz/)) to complete the transaction. ![Untitled](../../../../../static/content/stategy_nppeth/deposit_confirm.png) - 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/stategy_nppeth/deposit_accepted.png) - 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) Your yield comes from several sources -  **nppETH base yield** + **$STRK** **incentives** + **Nimbora** **boost.** -1. **Base**: Represents default strategy yield that auto-compounds daily. We take a 20% performance fee. The APRs displayed are what you actually receive, as our performance fee has already been accounted for. +1. **Base**: Represents default strategy yield that auto-compounds daily. We take a 20% performance fee. The APRs displayed are what you actually receive, as our performance fee has already been accounted for. 2. **Boost**: Represents incentives provided by the Nimbora team using the [Starknet Catalyst grant](https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5) that are claimable every week at the [rewards page](https://app.nimbora.io/rewards/). 3. **Incentives**: Represents incentives 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 week at the [rewards page](https://app.nimbora.io/rewards/). 4. **Extra: Ekubo LP** Providing Nimbora yield bearing tokens as liquidity on Ekubo is tracked and added to the total claimable STRK amount at the [rewards page](https://app.nimbora.io/rewards/). With this strategy you are also earning points for 3 protocols: 1x Nimbora, 1x Puffer, 1x EigenLayer. -The points are harvested by our L1 smart contract. Users will have an option of voting on whether these points get sold or delegated to an EVM address. +The points are harvested by our L1 smart contract. Users will have an option of voting on whether these points get sold or delegated to an EVM address. ![Untitled](../../../../../static/content/stategy_nppeth/main_points.png) @@ -62,19 +57,17 @@ Remember, holding Nimbora yield-bearing tokens gets points based on your balance You can always check your leaderboard position and Nimbora points breakdown by clicking on ‘Points’ section in the upper left corner at app.nimbora.io ![Untitled](../../../../../static/content/stategy_nppeth/points.png) - - ## How to Withdraw[](https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/nppETH#how-to-withdraw) You can choose between two withdrawal options - Instant and Normal. ![Untitled](../../../../../static/content/stategy_nppeth/withdraw.png) -Instant withdrawals factor in the price impact and set slippage. +Instant withdrawals factor in the price impact and set slippage. ![Untitled](../../../../../static/content/stategy_nppeth/withdraw_normal.png) -Normal withdrawals are not synchronous such as deposits and take between 24 and 48 hours to be processed. +Normal withdrawals are not synchronous such as deposits and take between 24 and 72 hours to be processed. Once you have selected the withdraw tab, you will need to decide on the amount you want to withdraw. This could be all or a portion of your assets. @@ -84,9 +77,7 @@ Click on the 'withdraw' button and follow the prompts on your wallet ([Braavos]( Once the transaction has been accepted on the network, a popup will appear at the bottom right of the screen to let you know. - -You can consult all of your recent transactions in the wallet section. Your transaction should be here. - +You can consult all of your recent transactions in the wallet section. Your transaction should be here. ![Untitled](../../../../../static/content/stategy_nppeth/recent.png) @@ -94,34 +85,34 @@ Nimbora takes over the task of processing this request. This involves preparing ### What is Puffer? - - [Puffer](https://www.puffer.fi/) is a decentralized native liquid restaking protocol (nLRP) built on Eigenlayer 🐡🤝 - - It makes [native restaking](https://docs.puffer.fi/protocol/puffer-modules/#native-restaking-) on [Eigenlayer](https://www.eigenlayer.xyz/) more accessible, allowing anyone to run an Ethereum Proof of Stake (PoS) validator while supercharging their rewards. - +- [Puffer](https://www.puffer.fi/) is a decentralized native liquid restaking protocol (nLRP) built on Eigenlayer 🐡🤝 + It makes [native restaking](https://docs.puffer.fi/protocol/puffer-modules/#native-restaking-) on [Eigenlayer](https://www.eigenlayer.xyz/) more accessible, allowing anyone to run an Ethereum Proof of Stake (PoS) validator while supercharging their rewards. + ### Understanding Risks Associated with Puffer 1. **Smart Contract Risks**: + - Complexity and Audits: Despite thorough audits, smart contracts can have bugs or vulnerabilities that may be exploited, leading to potential loss of funds. 2. **Key Management Risks**: + - Secure-Signer and User Responsibility: Puffer’s Secure-Signer enhances security but cannot completely eliminate all threats. Users must manage their keys responsibly and maintain strong security practices. 3. **Regulatory Risks**: + - Uncertain Legal Environment: Changing regulations could impact Puffer, including restrictions on services or new taxation policies affecting staking profitability. 4. **Technical Risks**: - System Failures and Downtime: Validators need continuous operation to earn rewards; any failures can result in missed rewards or penalties. - Slashing Risks: There is still a risk of slashing due to bugs, misconfigurations, or issues in the consensus protocol, despite Secure-Signer protections. - ### Stay Tuned for Upgrades Keep an eye on our updates as we roll out new features and advanced strategies to enhance your earning potential. **Join our [Discord](http://discord.gg/nimbora) for alpha and early notifications 🚀** -[![Nimbora Discord](../../../../../static/content/stategy_sstrk/Discord.png)](https://discord.gg/nimbora) - +[![Nimbora Discord](../../../../../static/content/stategy_sstrk/Discord.png)](https://discord.gg/nimbora) Stay tuned for updates as we continue to bring more 1-click yield strategies to life. Follow [Nimbora on X](https://x.com/Nimbora_) (Twitter) or [Medium](https://medium.com/@Nimbora). @@ -143,4 +134,4 @@ Nimbora is a Starknet-based omnichain 1-click yield strategies platform that ena 🐧🗞️ [Docs](https://docs.nimbora.io/) -🐧🛡 [Audit](https://github.com/0xSpaceShard/nimbora_audit_report_yield_dex/blob/main/Nimbora%20Audit%20Report.pdf) \ No newline at end of file +🐧🛡 [Audit](https://github.com/0xSpaceShard/nimbora_audit_report_yield_dex/blob/main/Nimbora%20Audit%20Report.pdf) diff --git a/hiddenStrategies/04-aave_usdt.md b/hiddenStrategies/04-aave_usdt.md deleted file mode 100644 index 40072a0..0000000 --- a/hiddenStrategies/04-aave_usdt.md +++ /dev/null @@ -1,98 +0,0 @@ ---- -id: npaUSDT -title: npaUSDT Strategy -sidebar_position: 4 -sidebar_class_name: hidden ---- - -**Pendle LP stategy, earn with USDT** - -aUSDT is an interest-bearing token received when depositing USDT (Tether) into Aave's lending pools. It represents a user's deposited USDT plus accrued interest. Users earn interest on their deposited USDT in the form of aUSDT, which grows over time based on the interest rate offered by the lending pool. - - -### What is AAVE - - - Decentralized Lending and Borrowing Platform: AAVE is a decentralized finance (DeFi) platform that allows users to lend and borrow cryptocurrencies without the need for traditional intermediaries like banks. It enables individuals to earn interest on deposited assets or borrow assets by providing collateral. - - Interest Rates and Algorithmic Adjustments: AAVE employs an innovative interest rate model that adjusts borrowing rates dynamically based on supply and demand dynamics within the protocol. This helps to ensure competitive and efficient utilization of assets while maintaining stability. - -## Get Started[](https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/npaUSDT#get-started) - -Visit Nimbora dApp via invite link and connect your Starknet wallet ([Braavos](https://braavos.app/) or [ArgentX](https://argent.xyz/)). - -Enter the amount of USDT 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. - -![Untitled](../../../../../static/content/strategy_npausdt/main.png) - - -When you've selected the token amount to deposit, click on "Deposit" button. -![Untitled](../../../../../static/content/strategy_npausdt/deposit.png) - -Follow the prompts on your wallet ([Braavos](https://braavos.app/) or [ArgentX](https://argent.xyz/)) to complete the transaction. -![Untitled](../../../../../static/content/strategy_npausdt/deposit_confirm.png) - - -Once the transaction has been accepted on the network, a popup will appear at the bottom left of the screen to let you know. - -As a result, you will receive npaUSDT, 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. - - -## Your Earning Starts Immediately![](https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/npaUSDTC#your-earning-starts-immediately) - -Your yield comes from several sources -  **npaUSDT base yield** + **$STRK** **incentives** + **Nimbora** **boost.** - -![Untitled](../../../../../static/content/strategy_npausdt/main.png) - - -1. **Base**: Represents default strategy yield that auto-compounds daily. -2. **Boost**: Represents incentives provided by the Nimbora team using the [Starknet Catalyst grant](https://medium.com/@Nimbora/nimbora-and-starknet-catalyst-program-14cc7f2f1ab5) that are claimable every two weeks. -3. **Incentives**: Represents incentives 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. - -With this strategy you are also earning Nimbora points. -Remember, holding Nimbora yield-bearing tokens gets points based on your balance. The more and longer you hold, the more points you accumulate. - -You can always check your leaderboard position and Nimbora points breakdown by clicking on ‘Points’ section in the upper left corner at app.nimbora.io -![Untitled](../../../../../static/content/strategy_npausdt/points.png) - - - -## How to Withdraw[](https://docs.nimbora.io/docs/concepts/products/earn/pendle_lp_integration/npaUSDT#how-to-withdraw) - -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. - -First, you need to decide on the amount you want to withdraw. This could be all or a portion of your assets. - -![Untitled](../../../../../static/content/strategy_npausdt/withdraw.png) - - -Once you've made up your mind, locate and click on the 'withdraw' button and follow the prompts on your wallet ([Braavos](https://braavos.app/) or [ArgentX](https://argent.xyz/)) to complete the transaction. - -![Untitled](../../../../../static/content/strategy_npausdt/withdraw_confirm.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. - -![Untitled](../../../../../static/content/strategy_npausdt/withdraw_accept.png) - - -You can consult all of your recent deposits in the wallet section, your transaction should be here. - - -![Untitled](../../../../../static/content/strategy_npausdt/recent.png) - -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. - - - - -### Understanding Risks Associated with Aave - -1. **Smart Contract Risk**: Aave 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. - -2. **Oracle Risk**: Aave 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. - -3. **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. - -4. **Liquidity Risk**: Aave 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. - -5. **Counterparty Risk**: While Aave 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. - -6. **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 Aave and the value of assets held within the protocol. -->