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Our Protocols & Features
List of protocols in the Itos Family and their features
Open the basic liquidity positions you're used to.
Use either concentrated or full-range liquidity to earn yield. In addition, earn a bonus Time Premium on top.
Our liquidity providers always earn trading fee APRs. Their liquidity can be borrowed by users who guarantee they pay the trading fee APR as well as a borrow fee APR. That borrow fee is split pro-rata among liquidity providers.
(Mocks from our Design)
You can view historical 24hr APRs for both these fees for each tick for total transparency.
Get a clear breakdown of your fee sources for your entire position.
Liquidity provision for people want to generate yield safely and protect themselves from the downsides of LPing. Users get to choose a floor value, their liquidity range, and then we do the rest.
Compared to a regular concentrated V3 position, it drastically reduces the risk when prices drop. Below the cutoff point (1800) in this case, you experience zero losses. The price of the hedge is simply a small reduction in your APR.
This is liquidity provisioning for people who believe in a token, but don't know when it'll take off, so in the meantime they want to generate yield with it.
When the time comes and the token goes to the moon, these users capture that upside whereas normal liquidity provisioning would not.
IL is short for Impermanent loss which measures the profits you would have had if you just held the token. Here we guarantee your IL is never more than a certain percent. You get to choose this percent, and we figure out the hedges for you.
In this example, once your impermanent loss reaches 5%, the hedges kick in and start capture the token's price movements. It captures both the upsides and the downsides of the token.
The price of this hedge is a small reduction in your APR.
This is a liquidity provision position for those who want absolute safety. They are protected by a floor value but also capture the token's upside AND earn yield at the same time. However, because of how safe this position is, the yield is significantly reduced.
These users are basically holding an insured token that generates a little bit of yield.
This is a way for users to access an options-like experience on chain.
Access extremely high leverage in a safe way, paying over time instead of upfront.
Simply choose a price band like opening a liquidity position, and you get a Taker position which acts like a perpetual option but has higher expected returns!
By paying a funding rate, you can convert any token collateral into another regardless of the isolated/cross-margin status.
For example, users can deposit USDC, convert it into PEPE to borrow PEPE. Or they can deposit SHIBA, transmute it into USDC and borrow ETH.
Now you can get capital efficiency out of any token, and short any token.
Borrow and deposit a pair of tokens and liquidation-lock them. By paying a minor funding rate, once the position is opened your collateral won't be liquidated no matter where the utilization moves.
Instead if the utilization goes above 100%, when you would normally be liquidated on any other market, the liquidation insurance kicks in and charges a higher funding rate. This way your collateral depletes slowly which gives your portfolio a chance to recover, and you time to recollateralize if desired.
When you open a STAND position , you choose a price range similar to liquidity provisioning. For every swap within that price range, you earn multiples of the swap fees.
To open a position, choose the price range, then choose between delta-neutral, delta-positive, or delta-negative, and then pick your leverage.
A leverage of 100x means you would earn 5% returns per swap instead of the traditional 0.05% percent.
The maximum leverage depends on the token:
- Stable token: 300x
- Blue-chip token: 100x
- Volatile token: 50x
There is still impermanent loss! Which is why positions should only be opened for brief periods of time and the delta exposure be chosen carefully. Think of it like a time-compressed LP.
Under the hood, an LP position is opened, it is hedged at the boundaries, deposited as collateral, borrowed against to open the same LP, and then looped until we achieve the desired leverage. Finally the delta exposure is adjusted accordingly by shorting.
This is a special way to hold tokens when you're uncertain if a token will drop soon, but also don't want to miss out on any moons.
It reduces the volatility of your token holding. For example, In this case if the price of ETH drops by 50%, your position would only lose <30% of its value.
The downside is that you miss out a little bit on the profits if it goes moderately up. For example if ETH gains 50%, you'd only gain 38.7%. But, if ETH keeps going, the position converges back to ETH to capture the full upside.
So it's like a risk sandwich. If the price drops you benefit, if the price goes up a little you profit but don't make as much, if the price moons you get all the upside. You choose the boundaries of the sandwich.
Overall, this is a volatility reduced way of holding a taken giving your portfolio's value more stability. It earns also fees if the price drops, pays fees if the price goes up moderately, and earns fees again if the price moons.