Eve DeFi lending provides liquidity to traders with a profitable options trade in return for a share of the profits.
A trade has a profitable options trade but lacks the liquidity to settle with the seller of the option.
Using a chainlink oracle the smart contract calculates the traders profit.
If the trade is profitable at anytime the trader can choose to close the trade by borrowing a flash-loan.
The loan is issued the trade is settled.
The trader earns his profit, with the amount borrowed being returned to the lending pool.
The Eve lending pool is the next generation of stablecoin yield products. The Eve lending pool is an on-chain trustless protocol that facilitates ultra-short-term Flash-Loan for the purpose of settling profitable options trades.
An options trader will often need liquidity to close a profitable trade. In traditional markets, brokers normally provide a loan to facilitate the settlement, however in the world of DeFi borrowing is difficult without sufficient collateral. The USDC pool avoids the need of collateral by only lending to profitable traders which avoids risk entirely.
Depositors stake USDC and earn 10% APY paid in EVE tokens while earning 15% of the profit from all trades borrowed from the lending pool.
Depositors earn profit from profitable trades while earning yield in EVE tokens and incentive to keep tokens staked.
Traders can settle leveraged trades instantly without the need to borrow funds from other parties which would otherwise require collateral or a high cost, it allows profitable traders the ability to scale their trading operations without any hindrance, democratizing finance as funds are readily available from the options pool.
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Eve DeFi Exchange Interface & Protocol Disclaimer
Eve DeFi is a decentralized peer-to-peer protocol and interface that people can use to create liquidity and trade ERC-20 tokens on the Polygon network. Eve DeFi is made up of smart contracts that are deployed publicly on the Polygon network and other networks. Before using the Eve DeFi Exchange interface, you should review our terms and conditions and relevant documentation to make sure you understand how the Eve DeFi Exchange interface works. You may be able to access the Eve DeFi Exchange protocol through multiple web or mobile interfaces. You are responsible for doing your own diligence on those interfaces to understand the fees and risks they present. THE EVE DEFI EXCHANGE INTERFACE IS PROVIDED "AS IS", USE AT YOUR OWN RISK, EVE PROVIDERS NO WARRANTIES OF ANY KIND. Eve DeFi is run by smart contracts deployed on the Polygon Network and potentially others, any user can post any token for sale, including invented tokens, beware of “fake” tokens and confirm what you are buying. No developer or entity, manager or affiliate involved in creating the Eve DeFi Exchange protocol or Interface will be liable for any claims or damages whatsoever associated with your use, inability to use, or your interaction with other users of, the Eve DeFi Exchange interfacel, including any direct, indirect, incidental, special, exemplary, punitive or consequential damages, or loss of profits, cryptocurrencies, tokens, or anything else of value. Options trading and USA based users: The options trading element of the interface is not offered to persons or entities residing in or incorporated within the United States of America. No exceptions are made. Do not attempt to use our options trading contracts if you are a US person. Use of VPN for the goal of circumventing these restrictions is prohibited.