Earn
How can I earn with Orki Finance?
Stability Pool Deposits (Earn): Deposit $USDK into Stability Pools to earn protocol revenue.
Protocol Incentivized Liquidity (PIL): Provide liquidity for $USDK on incentivized DEXs.
Govern: Stake $ORKI tokens to receive governance-directed revenue from Orki Finance while earning additional incentives like bribes (subject to governance votes).
Where does the yield for Earn come from?
Yield is derived from two sustainable sources:
Interest Payments: Each borrow market allocates 75% of its revenue to Stability Pool depositors, paid in $USDK .
Liquidation Gains: Deposited $USDK is used to liquidate undercollateralized loans, purchasing collateral at a ~5% discount. Gains are distributed in (staked) ETH.
All yield is sustainable and free of token emissions or lockups.
Is there a lockup period?
No, users can withdraw their $USDK deposits at any time without restrictions.
What is the estimated yield on Earn?
The yield reflects borrowers' rates. Since 75% of borrower interest goes to Earn, yields can exceed average borrowing rates if less than 75% of $USDK supply is deposited. This yield amplification distinguishes Orki Finance from competitors, where lending rates are capped by borrowing rates.
[Check historic rates here (link TODO)]
Why are there multiple Stability Pools?
Separate Borrow Markets: Each collateral asset (swETH, rswETH, swBTC) has its own borrow market with individual Stability Pools, interest rates, and redemption dynamics.
Risk Segmentation: Depositors can choose which collateral assets to gain exposure to during liquidations, tailoring risk and return profiles.
How have Stability Pools evolved from Liquity V1 to Orki Finance?
Expanded Collateral Support: Stability Pools now accommodate multiple Liquid Staking Tokens (LSTs) and ETH.
Isolated Revenue and Risks: Yield from interest and liquidations remains within respective collateral markets.
User-Set Interest Rates: Yield is driven by borrower-set rates in $USDK rather than token emissions, ensuring sustainability.
How do risks differ across Stability Pools?
Depositors choose
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