IPOR is the first protocol to launch staking rate derivatives.
But many of you are still unfamiliar with it.
Today, we'll show you how to leverage @ipor_io SRS and navigate DApps interface for your advantage.
Let's dive in! ⭐
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Disclaimer:
Kindly be advised that this thread is intended solely for the purpose of sharing information and should not be construed as financial advice.
Disclosure:
This thread was created in partnership with the @ipor_io team.
◢ Interest Rate Derivatives (IRDs)
IRDs are the second largest market to Forex with 600T in notional volume annually.
Market cap of $ETH is only 246B.
With the imminent launch of the $ETH ETFs, institutions will require risk hedging tools.
@ipor_io SRS is the solution.
◢ Stake Rate Swap (SRS)
@ipor_io SRS designed as the risk management tools for staked $ETH with unmatched capital efficiency.
But it's not only for institution.
For DeFi degens, this is the perfect tools as a speculation proxy for $ETH price, usage and gas fees.
◢ The Beta-Play
Leveraging LSTs goes beyond proof of staked $ETH from staking pools.
It allows for innovative applications, trading strategies, and the potential to generate dynamic yield.
That's what @ipor_io SRS aims to capitalize on.
Now, you understand that @ipor_io SRS will be the beta-play that will captivate institutions, enthusiasts, and arbitrageurs.
SRS already live but you might be unfamiliar with it.
No worries, let's explore their SRS DApps interface and begin your first SRS journey.
twitter.com/ipor_io/status/1736710123920162901?s=20
◢ The Anatomy
In this page, there are four main parts:
🔸IPOR Index ➡ Showing IPOR index rate compared to @LidoFinance $stETH official rates
🔸Hedge Calculator ➡ Simulate the SRS
🔸Stats ➡ Global statistics of SRS
🔸SRS launch ➡ Start SRS
◢ Hedge Calculator
You used the calculator to simulate the SRS transaction and get an estimate of the results.
🔸 Fixed rate
🔸 Annualised cost to hedge
🔸 Profit (at maturity)
🔸 APY
◢ SRS Simple Mode
Understanding SRS can be intimidating. If you want to avoid feeling overwhelmed, it's best to choose the simple mode. (a.k.a. degen mode)
You only need to consider these:
🔸 Collateral Amount
🔸 Leverages
🔸 Short/ Long $stETH interest rates
◢ SRS Advanced Mode
If you're already familiar with the IRS, this version is the best for you because it provides more detailed information.
Here are some differences compared to the Simple Mode:
🔸 Custom Tenor duration.
🔸 Custom Slippage.
🔸 Swap direction information
◢ Earn as an LP
Not everyone may be interested in SRS trading, but if you want to get high yield, you can still take part.
@ipor_io has introduced Zap features, developed by @EnsoFinance, which allow you to convert your assets into LP easily.
◢ Wrap-Up
@ipor_io SRS could be the innovation that the DeFi space needs in the saturated derivatives market filled with perpetual contracts.
Although it may seem complex internally, the concept itself is quite familiar and close to the hearts of DeFi users.
To gain a better understanding of interest rate derivatives, IPOR v2, and the SRS flywheel, please refer to our previous post.
twitter.com/eli5_defi/status/1706670396752429277?s=20
Tagged IPOR Team to review and check:
- @DarrenCamas
- @DimitarDinev7
- @ipor_intern
- @vdramaliev
- @this_is_ypsilon
Tagged Fellow DeFi educators (1):
- @rektdiomedes
- @defi_made_here
- @JiraiyaReal
- @crypthoem
- @wacy_time1
- @matrixthesun
- @blocmatesdotcom
- @NickDrakon
- @ReveloIntel
- @crypto_linn
- @DefiIgnas
- @0xFinish
- @CryptMoose_
- @stakedqueen
Tagged Fellow DeFi educators (2):
- @CryptoShiro_
- @Flowslikeosmo
- @poopmandefi
- @2lambro
- @0xsurferboy
- @takegreenpill
- @stacy_muur
- @splinter0n
- @arndxt_xo
- @Route2FI
- @DeFiMinty
- @0xAndrewMoh
- @DOLAK1NG