LP Finance is a synthetic asset issuance protocol focused on leveraging strategies. Users can earn up to 42% on SOL staking yields and short-sell at the lowest interest-rate on DeFi. Incentivized LP mechanism allows synthetics to maintain peg in any conditions.
LP Finance expects zSOL to be used for leveraged liquid staking (mSOL - zSOL loop) or short-selling (UXD - zSOL loop). As these strategies are expected to bring high selling pressure on zSOL, a mechanism to ensure peg-stability is required.
LPFi token (LP Finance Governance) is used to vote for the gauge weight for each pool. Top two pools would be selected for incentives, and the other pools would not earn any stability fees unless it is on the top two pool on the next voting period.
📅 Launch Time (UTC)
24th October, 12:00 PM UTC - 26th October, 12:00 PM UTC
‼️ Sale Details
- Exchange: SolRazr
- Token price: $0.300
- Token type: SOL $LPFi $USDC
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