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Introducing Archi Fi: A Game-Changing Yield Farming Protocol

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2 years ago

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Tired of the lackluster 10% APR on your $GLP exposure? Get ready for an exciting alternative, my friends. Introducing @archi_fi, a leverage yield farming protocol built on top of $GMX. Here's how it works 🧵 $ARCHI
In this thread I will cover; 1️⃣ What is $ARCHI ? 2️⃣ Working Mechanism 3️⃣ Passive Liquidity Providers 4️⃣ Degen Farmers 5️⃣ Tokenomics 6️⃣ Conclusion
1️⃣ What is $ARCHI? Archi Fi is a two-sided yield farming marketplace. Borrowers can leverage their $GLP exposure by utilizing lenders' liquidity, and earn up to 50% APR. At the same time, lenders earn a share of the interest earnings generated from borrowers' GLP yield.
Even if the $GLP APR has been steadily decreasing for the past few months, the $GLP supply has remained stable for the last 6 months. This means that there is a huge potential in terms of liquidity to capitalize on.
2️⃣ Working Mechanism Lenders provide liquidity to pools, including $ETH, $BTC, $USDC, and $USDT, in order to earn passive yields. Borrowers who aim to increase their exposure on their $GLP can leverage their position up to 10x with their initial collateral.
3️⃣ Passive Liquidity Providers LPs supply liquidity to isolated pools with a single asset. Degen farmers require capital to leverage their positions, so LPs are incentivized with an interest share of the $GLP yield.
The yield for LPs depends on the following factors: ☑️ $GLP APR ☑️ Utilization Rate of the pool ☑️ Percentage of interest share, which can be modified by Archi DAO
4️⃣ Degen Farmers Users can capitalize on two different delta-hedged strategies: ✅ 50:50 Strategy: Borrowed assets consist of 50% stable coin and 50% unstable coin, which you can choose. ✅ GMX Strategy: The ratio of borrowed assets is the same as GLP.
To ensure the safety of the protocol, Archi has developed a liquidation bot to incentivize liquidators. 5% of the principal is deducted for liquidation insurance upon opening a position. Liquidation is triggered when the health factor of the position drops below 40%.
5️⃣ Tokenomics • Lock $ARCHI for $vlARCHI tokens, users receive: ☑️Share of protocol fees ☑️Governance rights on Archi DAO The unlocking of $Archi tokens will occur gradually over a period of 16 weeks, and during this time, no additional earnings will be accumulated.
6️⃣ Conclusion @archi_fi has a working product with exciting upcoming catalysts, including their V2 version and integration with other perpetual DEX LP pools such as $muxLP and $LLPs.
By carefully balancing the interests of lenders and borrowers, and implementing strategies to incentivize lenders, They aim to create a powerful flywheel effect that propels their platform forward. I'll be watching closely.
ARCHI FINANCE ---> Leverage yield farming - $ARCHI for chads @Moomsxxx @0xFinish @0xTindorr @Defi0xJeff @WinterSoldierxz @belizardd @monosarin @matrixthesun @Only1temmy @nobrainflip @Louround_ @poopmandefi @splinter0n @0xSalazar
ARCHI FINANCE ---> Leverage yield farming - $ARCHI for chads @ChillTRD @rektdiomedes @crypto_linn @CryptoShiro_ @DAdvisoor @Slappjakke @stacy_muur @jake_pahor @DeFi_Finest @thelearningpill @DeFi_Taha @DegenCamp @DeFiMinty @arndxt_xo @TheFlipperDAO
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@RealDegenGMX

Simplifying DeFi & AI. | Class of 2021. Expert insights, deep dives, and a touch of humor with regular shitposting and cryptic larping. 🥩