Erisprotocol
Liquidity Alliance Erisprotocol crypto cosmos defi WEB3 APY/APR
Terraport | Classic. Liquidity Alliance Erisprotocol Defi. Welcome. Votion. Welcome to Creda Finance - Creda Finance Documentation. Welcome to Creda! Vision. ERIS Protocol's goal is to provide the best LSD economy while also providing the best APY, community focus and advanced tech. ERIS is an innovative vault management platform geared towards stability and sustainability.
For the usage and risks of Liquid Staking Derivatives it is essential to provide a stable LSD economy. LSD’s can have the issue of leading to cascading liquidation, even though the price of the underlying asset has not changed. We provide the tools and products to support a stable economy of LSD’s. See our products documentation for details. When providing coins to a LSD-protocol the depositor gives away his delegation and governance power to the protocol.
It leads to possible validator cartels or giving the power to a different governance token. See Amp Governance We believe that having concentrated liquidity for all liquid staking coins in the cosmos universe brings a big advantage to the Terra ecosystem. Any amp[TOKEN] from any cosmos based chain can then be used on Terra. Alliance Liquidity Hub. The Alliance Liquidity Hub is the central place for Terra based liquidity incentives. It converts staking rewards to incentives used for liquidity providers and voters to create a positive liquidity feedback loop. The mechanics of the Alliance Liquidity Hub is similar to existing ve(3,3) model. Instead of directly using token emissions, instead, chain staking rewards are distributed to liquidity providers.
In return the Community Pool is acquiring liquidity position assets for building up a permanent chain owned liquidity. The following graphic shows participants and stakeholders of the Alliance Liquidity Hub. Voters lock up LUNA, ampLUNA or bLUNA to create NFT-based locks. Voters can decide how liquidity rewards are being distributed to LP assets. Voters will receive rebases based on the amount of underlying assets they staked and Voting incentives based on incentives provided by projects or by bribe recapture. Liquidity Providers bring in liquidity, and receive LP staking rewards. Arb Vault. Deposit your [TOKEN] (e.g. LUNA) in our Eris ARB pool and connect all different liquid staking arbitrage possibilities. When a user wants to have immediate access to the underlying [TOKEN] of amp[TOKEN] they will need to use a dex to swap it directly. While unbonding and waiting for 21-24 days is always free, direct availability through swapping usually costs around 1-2% premium.
This is where Eris Protocol will come into play and use this arbitrage opportunity of 1-2% every 21-24 days to increase the pool value while having full exposure to the underlying token and aggregating rewards in the same apex token. ERIS Pools will hold the liquidity for the arbitrage execution and make sure only profitable arbitrages are executed. Available Assets - The main asset that is available for arbitrage opportunities. Initially the asset pools will have a static execution model. [arb opportunity, assets from pool that can be used] arb[TOKEN]: [0.5%, 10%] [1%, 40%], [1.5%, 70%], [2.0%,100%] Amp Z. AMP Z will be an in-wallet DeFi automation product, that will automate daily / weekly tasks. On Terra a big part of available funds are being vested or only accessed through claiming staking rewards. Amp Z is a way to yield-optimize unused potential, by automating in-wallet transactions using the authz cosmos module.
Amp Z can automate claiming yield from defined sources and depositing them to defined DeFi destinations. Staking rewards: Use your staking rewards from your vesting tokens.Astroport rewards: Use your LP incentives to yield-optimize.Wallet funds: Auto deposit or DCA wallet funds in DeFi products: This allows automations like start unbonding vested tokens and auto deposit them into DeFi.Act as a savings account, auto transfer any balance above a certain threshhold.DCA your wallet funds into DeFi destinations, as you can set the max amount to be used. If you want more yield sources available, let us know in our TG.
Amplifier: Deposit into a liquid staking derivative. Amp Governance. Amp Governance allows the protocol users to decide on how the protocol delegates funds and participates in chain governance votes. We want to provide a framework for a fair, decentralized delegation and governance structure. Be the whale and decide on delegations and proposals of the chain, leverage your voting power and your impact by using Amp Governance.
Decentralize the approach on how we delegate protocol funds to validators and help locking liquidity in astroport to provide a stable market for lending and collateral protocols. Delegations will be calculated by a configurable set of on-chain rules. Adding new validators to join the ERIS Protocol Whitelist will still go through our centralized application process to verify hosting, team quality, community and setup monitoring. There are different mechanisms for how LSD’s currently select their validators or delegation amount. Giving power to own token: Some protocols use their own LSD governance token to decide delegations. Manual Arb. Manual Arb allows you to check if there are arbitrage opportunities on the corresponding chain. It will convert the inputed [TOKEN/COIN] into a liquid staking derivative (LSD) token and checks if the returned amount is higher than the initially inputed amount.
While this is our manual slow-burn arbitrage GUI, we are working on releasing a fully automated arbitrage protocol. For the details see Arb Repeater. It will work similiar to the manual arbitrage tool, but have a model on how and when slow-burn arbitrages are being executed. Terra: Arbitrage amount: Amount of funds you want to use for the Arbitrage.Arbitrage token: Specify the token that the arbitrage is being checked for.Unbond: Specify whether the resulting LSD should be unbonded immediately.Buffer: Specify the buffer for the unbonding. For finding the best swap route between [TOKEN] and LSD we are using TFM. For our own amp[TOKEN] we will not charge any fees for product usage. Amp Extractor. In the version iteration of the AMP EXTRACTOR you are able to use your yield and donate it to differen projects like e.g.
AngelProtocol, LUNC DAO Burn or TerraSpaces. Each project has a list of 10 pools where you can define how much of your yield you want to donate. You can participate, by depositing your amp[TOKEN] inside one of the corresponding pools. Withdrawing token in amp[TOKEN] again is immediate. When withdrawing and the underlying asset (amp[TOKEN]) value has changed, you will receive less amp[TOKEN]. The smart contract is also highly tax efficient, as by depositing into one of the pools you will receive a LP Token, so it is a single taxable event and the rest is automated.
Initially we will only support our Liquid Staking Derivates [LSD] for yield extraction. The project operator has now the possibility to withdraw donated yield from any number of the pools or filter them by the donation amount to be gas efficient. Amplifier. The ERIS Amplifier is the Liquid Staking Product of the Eris Protocol. Normally when using any kind of staking there is a unbonding period. In the Terra ecosystem it is often 21 days. That means when unstaking tokens the user has to wait for this period to have access to their tokens again. The next evolutional step is the introduction of liquid staking. On Eris Protocol when you deposit the [TOKEN] into the Amplifier you will receive amp[TOKEN] back.
You can see the amp[TOKEN] as kind of receipt, with which you can claim your deposit + auto compounded rewards back. When using normal staking, your coins are locked and can't be used for other protocols. APY - Due to our daily executed autocompounding your APY is better than regular staking. Liquid - Stay liquid, as you can still use your amp[TOKEN] even while the underlying [TOKEN] is being accumulated. Integration - Even while generating yield, the token can be used in other dApps for collateralization, lending and LP provisioning.
Introduction. Eris Protocol.