NX Finance Whitepaper
  • WELCOME TO NX FINANCE
    • ❓What is NX Finance
    • 💡Background
    • 🧐FAQ
    • 🪂Airdrop
      • 🏃Get Started Now!
      • 💯How to Earn Points
      • 👯Referral
      • 🤝Teams
      • 🏕️Nadventure FAQ
      • Nadventure Pre-season 2
    • 🗺️Roadmap
    • 👣User Guide
      • 🛝Slippage
  • PROTOCOL MECHANISM
    • ⚙️How NX Finance Works
    • ⚖️Strategy 1|Fulcrum Strategy
      • 👓User Interface Introduction
      • 🫳Lending Vault
      • 🫴Leverage Vault
      • 💸Profit & Loss
      • 💵Fulcrum Strategy Reward Calculation
    • 💰Strategy 2 | Gold Mining Strategy
      • 🔨Mechanism
      • 📉Interest Rate Curve
      • 🟢Solayer Integrtion
      • 🟣SolanaHub Integration
    • 0️⃣Strategy 3|Delta Neutral Vault
      • 📉Funding Rate Reversion Vault
        • ❔Funding Rate Reversion Vault FAQ
      • JLP Delta Neutral Vault
        • ❔JLP Delta Neutral Vault FAQ
      • ❗Risks of the Delta Neutral Strategy
    • 🧑‍⚕️Health Factor
    • 💧Fees
    • ‼️Risks
  • NX
    • 🥩Staking
    • 🪙Token Distribution
      • 🔥Token Burn
    • 🍯IDO Details
  • 📪Resources
    • 🖼️Brand Kit
  • AUDITS & SECURITY
    • 🔐Audits
    • 🔮Oracle
    • 🧑‍🎨NX UXUI Bounty
  • Terms & Privacy
    • 📁Term of Use
    • 🔏Privacy Policy
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On this page
  • Overview
  • Earning Calculation
  1. PROTOCOL MECHANISM
  2. Strategy 1|Fulcrum Strategy

Leverage Vault

PreviousLending VaultNextProfit & Loss

Last updated 5 months ago

Users can apply up to 7X Leverage Yield Farming, but 10X is coming!

Overview

Users may opt to leverage the JLP yield or lend their assets for yield sharing participation. Borrowers employ JLP as collateral to procure USDC loans, with the options to leverage up to 7X their JLP assets.

In return, borrowers are obligated to pay interest, which accumulates in the underlying pools of those assets according to the protocol's guidelines.

Moreover, borrowers are obliged to pay an interest rate that is contingent upon the utilization rate, with yield sharing proportion varying between 0% to 45%.


Earning Calculation

The cap on the APY that lenders can receive is pegged to the JLP's performance in the previous week, thereby it varies every week.

The methodology for calculating yields is outlined on the page.

Reward Calculation
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