Skip to content

Commit

Permalink
Merge pull request #64 from 0xSpaceShard/develop
Browse files Browse the repository at this point in the history
Develop
  • Loading branch information
0xSacha authored Aug 28, 2024
2 parents edec4bd + 80da7de commit a85dc61
Show file tree
Hide file tree
Showing 16 changed files with 31 additions and 48 deletions.
5 changes: 3 additions & 2 deletions docs/concepts/guide/02-earn.md
Original file line number Diff line number Diff line change
Expand Up @@ -21,8 +21,9 @@ There are several yield strategies with different underlying tokens and APR (Ann
![alt](/content/strategy_nsdai/apr_breakdown.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.
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.
Expand Down
33 changes: 5 additions & 28 deletions docs/concepts/products/borrow/01-strategy-lusd.md
Original file line number Diff line number Diff line change
Expand Up @@ -4,30 +4,23 @@ title: Liquity Strategy
sidebar_position: 1
---

**Liquity strategy allows users to borrow LUSD**, a stablecoin pegged to the U.S. dollar, using ETH as collateral. This strategy is beneficial for users who want to leverage their assets without selling them. If ETH value goes up while the loan is active, repaying it becomes more profitable as users get back their ETH, now more valuable. On top of this, participating in this strategy now comes with a bonus: a ~29% APR in STRK tokens, 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.
**Liquity strategy allows users to borrow LUSD**, a stablecoin pegged to the U.S. dollar, using ETH as collateral. This strategy is beneficial for users who want to leverage their assets without selling them. If ETH value goes up while the loan is active, repaying it becomes more profitable as users get back their ETH, now more valuable. On top of this, participating in this strategy now comes with a bonus: a ~11 APR in STRK tokens, 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.


## Understanding the Borrow Section

There are 2 cards (troves) with 2 different TCR (total collateral ratio). The CR is not fixed, as its value is pegged to the ETH price. That is why the screenshot below might not match the current numbers you will see once you open the troves.
There's a card (trove) with a CR ratio. **TCR is the percentage of assets you need to lock up as collateral when borrowing**. If you want to borrow $100 and the TCR is 627%, you must provide $627 worth of assets as collateral.

![Untitled](/content/borrow.png)
CR is not fixed, as its value is pegged to the ETH price. That is why the screenshot below might not match the current numbers you will see once you open the troves.

**TCR is the percentage of assets you need to lock up as collateral when borrowing**. If you want to borrow $100 and the TCR is 676%, you must provide $676 worth of assets as collateral.
![Untitled](/content/borrow.png)

Lets take as an example this image above - trove 604 TCR will require **less collateral** compared to Trove 910 CR, but Trove 910 TCR is **more secure** than Trove 604 .

Consider this scenario: if all troves were open when the ETH price was at $1600, Trove 910 would have a higher tolerance for price fluctuations compared to Trove 604, allowing it to withstand a more significant drop in ETH price before facing liquidation.
Higher CR allows it to withstand a more significant drop in ETH price before facing liquidation.

Once the collateral is deposited and locked, users can borrow against it according to the platform's loan-to-value ratio. If the value of the collateral falls below certain thresholds, the system may automatically liquidate the assets to repay the loan.


### **Which trove should you select?**

This depends on how much LUSD you want to borrow and ongoing initiatives.

The left trove offers a unique opportunity for users to borrow with minimal transaction costs, subsidized by the [Nimbora x Liquity](https://medium.com/@Nimbora/defi-spring-just-got-better-earn-strk-with-nimbora-x-liquity-d7e881f22c38) collaboration.

## How to borrow


Expand All @@ -42,14 +35,6 @@ Finally, when you've selected the amount, click on "borrow" and follow the promp
![alt](/content/rborrow.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.

![alt](/content/fborrow.png)

You can consult all of your recent borrow in the wallet sections, your transaction should be here.

![alt](/content/cborrow.png)

And that's it, your borrow request has been sent, you can see it in pending orders section.

![alt](/content/pborrow.png)
Expand All @@ -67,14 +52,6 @@ Once you've made up your mind, locate and click on the 'repay' button and follow

![alt](/content/rrepay.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.

![alt](/content/frepay.png)

You can consult all of your recent repays in the wallet sections, your transaction should be here.

![alt](/content/crepay.png)

And that's it, your repay request has been sent, you can see it in pending orders section.

![alt](/content/prepay.png)
Expand Down
5 changes: 3 additions & 2 deletions docs/concepts/products/earn/01-strategy-sdai.md
Original file line number Diff line number Diff line change
Expand Up @@ -54,8 +54,9 @@ Your yield comes from several sources -  **nsDAI base yield** + **$STRK** **
![alt](/content/strategy_nsdai/apr_breakdown.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.
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
Expand Down
2 changes: 1 addition & 1 deletion docs/concepts/products/earn/02-strategy-sstrk.md
Original file line number Diff line number Diff line change
Expand Up @@ -109,7 +109,7 @@ Once the transaction has been accepted on the network, a popup will appear at th
![sSTRK Deposit Approve ](../../../../static/content/stategy_sstrk/deposit_approved.png)


As a result, you will receive sSTRK, 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.
As a result, you will receive sSTRK. 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.

## How to request a withdrawal

Expand Down
6 changes: 3 additions & 3 deletions docs/concepts/products/earn/03-strategy-angle.md
Original file line number Diff line number Diff line change
Expand Up @@ -49,9 +49,9 @@ Your yield comes from several sources -  **nstUSD base yield** + **$STRK** *
![alt](../../../../static/content/strategy_nstusd/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.

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.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -38,7 +38,7 @@ 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, 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.
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!
Expand All @@ -48,8 +48,9 @@ Your yield comes from several sources -  **npeETH base yield** + **$STRK** **
![Untitled](../../../../../static/content/strategy_npeeth/npeeth_yieldbreakdown.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.
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.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -40,16 +40,17 @@ Once the transaction has been accepted on the network, a popup will appear at th
![Untitled](../../../../../static/content/stategy_nppeth/deposit_accepted.png)


As a result, you will receive nppETH, 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.
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.
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.
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.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -30,7 +30,7 @@ Once the transaction has been accepted on the network, a popup will appear at th
![Untitled](../../../../../static/content/strategy_npfusdc/deposit_accepted.png)


As a result, you will receive npfUSDC, 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.
As a result, you will receive npfUSDC, 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/npfUSDC#your-earning-starts-immediately)
Expand All @@ -41,8 +41,9 @@ Your yield comes from several sources -  **npfUSDC base yield** + **$STRK** 


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.
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 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.
Expand Down
7 changes: 4 additions & 3 deletions docs/concepts/products/earn/pendle_lp_integration/04-lido.md
Original file line number Diff line number Diff line change
Expand Up @@ -40,9 +40,10 @@ Your yield comes from several sources -  **npstETH base yield** + **$STRK** 
![Untitled](../../../../../static/content/strategy_wstETH/main.png)


1. **Base**: Represents default strategy yield that auto-compounds daily. Nimbora is taking a 20% profit fee. The displayed base strategy APR has taken the profit fee into account.
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.
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 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 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.
Expand Down
Binary file modified static/content/borrow.png
Loading
Sorry, something went wrong. Reload?
Sorry, we cannot display this file.
Sorry, this file is invalid so it cannot be displayed.
Binary file modified static/content/hborrow.png
Loading
Sorry, something went wrong. Reload?
Sorry, we cannot display this file.
Sorry, this file is invalid so it cannot be displayed.
Binary file modified static/content/hrepay.png
Loading
Sorry, something went wrong. Reload?
Sorry, we cannot display this file.
Sorry, this file is invalid so it cannot be displayed.
Binary file modified static/content/pborrow.png
Loading
Sorry, something went wrong. Reload?
Sorry, we cannot display this file.
Sorry, this file is invalid so it cannot be displayed.
Binary file modified static/content/prepay.png
Loading
Sorry, something went wrong. Reload?
Sorry, we cannot display this file.
Sorry, this file is invalid so it cannot be displayed.
Binary file modified static/content/rborrow.png
Loading
Sorry, something went wrong. Reload?
Sorry, we cannot display this file.
Sorry, this file is invalid so it cannot be displayed.
Binary file modified static/content/rrepay.png
Loading
Sorry, something went wrong. Reload?
Sorry, we cannot display this file.
Sorry, this file is invalid so it cannot be displayed.

0 comments on commit a85dc61

Please sign in to comment.