Introducing: The Inverse Liquidity Pool
Dear Project Inverse Community,
The first of its kind counter-volatility DeFI protocol, the INVERSE platform allows users to earn gains from the downward moves of popular crypto assets. With the XIV utility token, users who seek to bet on the movements of these select assets, or a broader DeFi Index, may stake XIV in tracking vaults that follow these coins. Users may adjust their risk and reward parameters as they see fit, and stake XIV for either 24hrs, 3days, or 7days.
LP FUNCTION & REWARDS
On the other end of the INVERSE protocol is the XIV Liquidity Pool. Users may contribute to the Liquidity Pool (LP) as easily as they stake XIV in the tracking vaults. The LP requires only contribution of XIV to the platform and does NOT require a matching contribution of ETH. The LP will help facilitate the protocol’s staking functions. Users who help maintain the LP will receive on-going XIV rewards from a portion of staking losses captured by the vaults.
At the launch of the platform, the minimum amount to contribute to the platform will be 1000 XIV. Rewards to LP contributors will awarded proportionally to the individual amount contributed vs. the entire LP. User contributions to the LP will be locked for 30 days after initial contribution in order to maintain sustainability and integrity of the pool.
APY, NFTS & Much More
Users who contribute 10,000 XIV or more to the LP will receive a APY rewards on the total amount of XIV which they hold in the Liquidity Pool. Percentage yield will be paid in the form of XIV. In addition, the first 3 users who contribute 10,000 XIV or more to the INVERSE LP will receive a free Vault Ship One. Other rewards attached to staking in the Liquidity Pool will be unveiled very soon.
Again, we would like to thank the INVERSE community for your continued support. As we all eagerly await the launch of the Platform, we encourage you to keep spreading the word: INVERSE IS COMING!
The Project Inverse Team.
Website — https://projectinverse.com
White-paper — https://docsend.com/view/avgpqxphp3xb7g6f
GitHub — https://github.com/project-inverse
Medium — https://projectinverse.medium.com/
Twitter — https://twitter.com/inverseproject
Telegram — https://t.me/ProjectInverse
Telegram ANN — https://t.me/Project_Inverse