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Imagine receiving a year's worth of yield upfront.
@delorean_gm on #arbitrum makes this possible—access 2 years of expected yield instantly with GLP yield vault, $GNS yield vault, and Y2K hedge vault.
Get ready to be impressed, let's dive into the details! 🧵
@delorean_gm on #arbitrum makes this possible—access 2 years of expected yield instantly with GLP yield vault, $GNS yield vault, and Y2K hedge vault.
Get ready to be impressed, let's dive into the details! 🧵
Let's get to know Delorean Exchange:
@delorean_gm offers an innovative solution for future yield today.
With GLP, a yield-generating token, you can get up to one year of expected yield upfront at a discounted rate.
@delorean_gm offers an innovative solution for future yield today.
With GLP, a yield-generating token, you can get up to one year of expected yield upfront at a discounted rate.
How
@delorean_gm works?
For example:
I'm a whale with 50,000 GLP. And let me tell you, it's worth it: estimated APY of 20%.
Over the next two years, I expect to generate a whopping 10 ETH.
@delorean_gm works?
For example:
I'm a whale with 50,000 GLP. And let me tell you, it's worth it: estimated APY of 20%.
Over the next two years, I expect to generate a whopping 10 ETH.
Rather than waiting a year to receive 10 ETH, I can trade with the liquidity pool and get 9 ETH right away.
This gives me an upfront yield payment with an equivalent 11% APR, so I don't have to wait. Thanks to @delorean_gm for the help.
This gives me an upfront yield payment with an equivalent 11% APR, so I don't have to wait. Thanks to @delorean_gm for the help.
Delorean exchange benefits both parties:
- High APY with no price exposure when buying future yield
- Cash-now opportunity when selling future yield
Details below...
- High APY with no price exposure when buying future yield
- Cash-now opportunity when selling future yield
Details below...
Selling future yield benefits:
- Get money today for other chances
- Keep long position in $GNS
- No liquidation risk
- Lock in yield rate for entire term
Buying future yields benefits:
- High APY in 'real yield' paid in ETH over term
- Steady income, no exposure to token price
- Get money today for other chances
- Keep long position in $GNS
- No liquidation risk
- Lock in yield rate for entire term
Buying future yields benefits:
- High APY in 'real yield' paid in ETH over term
- Steady income, no exposure to token price
@delorean_gm also focuses on real yield, which is paid in $ETH from protocol fees and is different from inflationary yield that comes from new tokens.
Delorean protocol charges transaction fees based on debt slice and credit slice.
∙ Debt fee ratio is relative to the discount rate.
∙ Credit slice fee is a percentage of NPV tokens transacted.
Governance sets appropriate fees and can be previewed in a user-facing interface.
∙ Debt fee ratio is relative to the discount rate.
∙ Credit slice fee is a percentage of NPV tokens transacted.
Governance sets appropriate fees and can be previewed in a user-facing interface.
@delorean_gm is on a mission to help create a sustainable and ground-breaking model for users that believe real yield is the future of DeFi.
The times ahead are exciting - DeFi is innovating! 💥
The times ahead are exciting - DeFi is innovating! 💥
This thread is in collaboration with Delorean.
DYOR! To find out more
delorean.exchange
delorean.gitbook.io/delorean/intro…
delorean.exchange/whitepaper.pdf
DYOR! To find out more
delorean.exchange
delorean.gitbook.io/delorean/intro…
delorean.exchange/whitepaper.pdf
And that's it!
If you enjoyed this thread:
1. Follow me @cyrilXBT for more incredible threads like this.
2. Retweet the 1st tweet of this thread to help inspire others:
If you enjoyed this thread:
1. Follow me @cyrilXBT for more incredible threads like this.
2. Retweet the 1st tweet of this thread to help inspire others:
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