The fixed rate layer for DeFi is live on mainnet for early access!
Lock in a fixed rate loan, earn yield as an LP, or trade rate swings with leverage.
A year of work on the missing rate-risk layer, built to grow onchain credit and long-term fixed income.
Try it: https://t.co/WKLkKHsSbs
Comment “Kairos” for an early access code 🧵
1/ Cohorts IV & V are officially locked in to the @ethereum Security Subsidy Program. Join us in welcoming these stellar teams!
Cohort VI will be our final cohort of the pilot, so get your applications in ahead of the Oct 14th deadline for your chance at subsidized security services from industry-leading providers.
Big thanks, as always, to our expert committee from @ethereumfndn, @nethermind, and @chainlinklabs.
@RiceFarmerNFT@ManLyNFT Swaps are settled based on then time weighted average variable rate over the swap term. Liquidations only occur after and extended rate spike, and semi-realized losses, beyond the collateral threshold
50,000x leverage? Sounds crazy right?
No, that’s not a typo, but once you dig in it makes a whole lot more sense:
Interest Rate Swaps are based on Notional Amount, the real, or phantom, dollar amount that the swap is based on.
For example a $1M Notional Swap would represent the balance you’d earn yield or pay an interest rate on during the Term.
With a swap, your collateral is locked in the estimated amount, give or take, that the Notional Amount would pay/earn interest during the swap term.
So the leverage can be enormous. But unlike trading altcoins, or even Bitcoin, rate swaps dont usually see the 5, 10, even 20% daily candles that tokens and stocks often do.
Rate movements are, comparatively, much more stable and often move up or down only a few basis points per day.
Once you start watching the rate markets and macro conditions, you can start to make educated predictions on which way rates will go for any given month or even longer.
So while the 50,000x leverage is a huge, sensational, number that you may not be used to:
Remember, rate swaps are an entirely different game vs perps and leverage trading
50,000x leverage? Sounds crazy right?
No, that’s not a typo, but once you dig in it makes a whole lot more sense:
Interest Rate Swaps are based on Notional Amount, the real, or phantom, dollar amount that the swap is based on.
For example a $1M Notional Swap would represent the balance you’d earn yield or pay an interest rate on during the Term.
With a swap, your collateral is locked in the estimated amount, give or take, that the Notional Amount would pay/earn interest during the swap term.
So the leverage can be enormous. But unlike trading altcoins, or even Bitcoin, rate swaps dont usually see the 5, 10, even 20% daily candles that tokens and stocks often do.
Rate movements are, comparatively, much more stable and often move up or down only a few basis points per day.
Once you start watching the rate markets and macro conditions, you can start to make educated predictions on which way rates will go for any given month or even longer.
So while the 50,000x leverage is a huge, sensational, number that you may not be used to:
Remember, rate swaps are an entirely different game vs perps and leverage trading
50,000x leverage? Sounds crazy right?
No, that’s not a typo, but once you dig in it makes a whole lot more sense:
Interest Rate Swaps are based on Notional Amount, the real, or phantom, dollar amount that the swap is based on.
For example a $1M Notional Swap would represent the balance you’d earn yield or pay an interest rate on during the Term.
With a swap, your collateral is locked in the estimated amount, give or take, that the Notional Amount would pay/earn interest during the swap term.
So the leverage can be enormous. But unlike trading altcoins, or even Bitcoin, rate swaps dont usually see the 5, 10, even 20% daily candles that tokens and stocks often do.
Rate movements are, comparatively, much more stable and often move up or down only a few basis points per day.
Once you start watching the rate markets and macro conditions, you can start to make educated predictions on which way rates will go for any given month or even longer.
So while the 50,000x leverage is a huge, sensational, number that you may not be used to:
Remember, rate swaps are an entirely different game vs perps and leverage trading
50,000x leverage? Sounds crazy right?
No, that’s not a typo, but once you dig in it makes a whole lot more sense:
Interest Rate Swaps are based on Notional Amount, the real, or phantom, dollar amount that the swap is based on.
For example a $1M Notional Swap would represent the balance you’d earn yield or pay an interest rate on during the Term.
With a swap, your collateral is locked in the estimated amount, give or take, that the Notional Amount would pay/earn interest during the swap term.
So the leverage can be enormous. But unlike trading altcoins, or even Bitcoin, rate swaps dont usually see the 5, 10, even 20% daily candles that tokens and stocks often do.
Rate movements are, comparatively, much more stable and often move up or down only a few basis points per day.
Once you start watching the rate markets and macro conditions, you can start to make educated predictions on which way rates will go for any given month or even longer.
So while the 50,000x leverage is a huge, sensational, number that you may not be used to:
Remember, rate swaps are an entirely different game vs perps and leverage trading
50,000x leverage? Sounds crazy right?
No, that’s not a typo, but once you dig in it makes a whole lot more sense:
Interest Rate Swaps are based on Notional Amount, the real, or phantom, dollar amount that the swap is based on.
For example a $1M Notional Swap would represent the balance you’d earn yield or pay an interest rate on during the Term.
With a swap, your collateral is locked in the estimated amount, give or take, that the Notional Amount would pay/earn interest during the swap term.
So the leverage can be enormous. But unlike trading altcoins, or even Bitcoin, rate swaps dont usually see the 5, 10, even 20% daily candles that tokens and stocks often do.
Rate movements are, comparatively, much more stable and often move up or down only a few basis points per day.
Once you start watching the rate markets and macro conditions, you can start to make educated predictions on which way rates will go for any given month or even longer.
So while the 50,000x leverage is a huge, sensational, number that you may not be used to:
Remember, rate swaps are an entirely different game vs perps and leverage trading
50,000x leverage? Sounds crazy right?
No, that’s not a typo, but once you dig in it makes a whole lot more sense:
Interest Rate Swaps are based on Notional Amount, the real, or phantom, dollar amount that the swap is based on.
For example a $1M Notional Swap would represent the balance you’d earn yield or pay an interest rate on during the Term.
With a swap, your collateral is locked in the estimated amount, give or take, that the Notional Amount would pay/earn interest during the swap term.
So the leverage can be enormous. But unlike trading altcoins, or even Bitcoin, rate swaps dont usually see the 5, 10, even 20% daily candles that tokens and stocks often do.
Rate movements are, comparatively, much more stable and often move up or down only a few basis points per day.
Once you start watching the rate markets and macro conditions, you can start to make educated predictions on which way rates will go for any given month or even longer.
So while the 50,000x leverage is a huge, sensational, number that you may not be used to:
Remember, rate swaps are an entirely different game vs perps and leverage trading
50,000x leverage? Sounds crazy right?
No, that’s not a typo, but once you dig in it makes a whole lot more sense:
Interest Rate Swaps are based on Notional Amount, the real, or phantom, dollar amount that the swap is based on.
For example a $1M Notional Swap would represent the balance you’d earn yield or pay an interest rate on during the Term.
With a swap, your collateral is locked in the estimated amount, give or take, that the Notional Amount would pay/earn interest during the swap term.
So the leverage can be enormous. But unlike trading altcoins, or even Bitcoin, rate swaps dont usually see the 5, 10, even 20% daily candles that tokens and stocks often do.
Rate movements are, comparatively, much more stable and often move up or down only a few basis points per day.
Once you start watching the rate markets and macro conditions, you can start to make educated predictions on which way rates will go for any given month or even longer.
So while the 50,000x leverage is a huge, sensational, number that you may not be used to:
Remember, rate swaps are an entirely different game vs perps and leverage trading
50,000x leverage? Sounds crazy right?
No, that’s not a typo, but once you dig in it makes a whole lot more sense:
Interest Rate Swaps are based on Notional Amount, the real, or phantom, dollar amount that the swap is based on.
For example a $1M Notional Swap would represent the balance you’d earn yield or pay an interest rate on during the Term.
With a swap, your collateral is locked in the estimated amount, give or take, that the Notional Amount would pay/earn interest during the swap term.
So the leverage can be enormous. But unlike trading altcoins, or even Bitcoin, rate swaps dont usually see the 5, 10, even 20% daily candles that tokens and stocks often do.
Rate movements are, comparatively, much more stable and often move up or down only a few basis points per day.
Once you start watching the rate markets and macro conditions, you can start to make educated predictions on which way rates will go for any given month or even longer.
So while the 50,000x leverage is a huge, sensational, number that you may not be used to:
Remember, rate swaps are an entirely different game vs perps and leverage trading
50,000x leverage? Sounds crazy right?
No, that’s not a typo, but once you dig in it makes a whole lot more sense:
Interest Rate Swaps are based on Notional Amount, the real, or phantom, dollar amount that the swap is based on.
For example a $1M Notional Swap would represent the balance you’d earn yield or pay an interest rate on during the Term.
With a swap, your collateral is locked in the estimated amount, give or take, that the Notional Amount would pay/earn interest during the swap term.
So the leverage can be enormous. But unlike trading altcoins, or even Bitcoin, rate swaps dont usually see the 5, 10, even 20% daily candles that tokens and stocks often do.
Rate movements are, comparatively, much more stable and often move up or down only a few basis points per day.
Once you start watching the rate markets and macro conditions, you can start to make educated predictions on which way rates will go for any given month or even longer.
So while the 50,000x leverage is a huge, sensational, number that you may not be used to:
Remember, rate swaps are an entirely different game vs perps and leverage trading
50,000x leverage? Sounds crazy right?
No, that’s not a typo, but once you dig in it makes a whole lot more sense:
Interest Rate Swaps are based on Notional Amount, the real, or phantom, dollar amount that the swap is based on.
For example a $1M Notional Swap would represent the balance you’d earn yield or pay an interest rate on during the Term.
With a swap, your collateral is locked in the estimated amount, give or take, that the Notional Amount would pay/earn interest during the swap term.
So the leverage can be enormous. But unlike trading altcoins, or even Bitcoin, rate swaps dont usually see the 5, 10, even 20% daily candles that tokens and stocks often do.
Rate movements are, comparatively, much more stable and often move up or down only a few basis points per day.
Once you start watching the rate markets and macro conditions, you can start to make educated predictions on which way rates will go for any given month or even longer.
So while the 50,000x leverage is a huge, sensational, number that you may not be used to:
Remember, rate swaps are an entirely different game vs perps and leverage trading