SILO DEMO - "Risk Free" 16% APY on stMATIC (Lido) using QiDAO GAMMA QUICKSWAP on POLYGON скачать в хорошем качестве

SILO DEMO - "Risk Free" 16% APY on stMATIC (Lido) using QiDAO GAMMA QUICKSWAP on POLYGON

This video shows a Gravity Finance Silo strategy that uses Lido stMATIC token on Polygon as collateral on the QiDAO platform to take a loan. The user deploys the Silo Strategy with default settings from the strategy catalogue (1-click). After the Silo Smart Contract has been deployed on-chain, the user can deposit stMATIC token into the Silo (1-click). The Silo then does the following steps for the user. 1) Creates an stMATIC vault on QiDAO 2) Adds the deposited stMATIC into the vault as collateral 3) Calculates how much MAI to borrow (targeting 180% Collateral to Debt ratio) 4) Swaps approximately half of the MAI into USDC 5) Adds USDC and MAI into GAMMA-QUICKSWAP LP 6) Deposits the USDC-MAI LP into the GAMMA Farm The Silo is now earning rewards from the Gamma Farm instantly. The Silo parameters for harvesting and using the rewards can be changed by the user at any time. A user may choose the schedule (how often) they want to harvest the rewards, and what to do with the rewards after harvesting. Options range from Compounding the rewards into the main asset (stMATIC), send to another Silo to be used in another strategy, send the rewards to another address (i.e. a wallet). ARM: These collateralised loans are high risk (as there is risk of liquidation if the collateral value were to drop to liquidation point). Therefore, Gravity have developed Active Risk Management (ARM). ARM monitors the value of the collateral and debt every single block and can instantly rebalance the loan if required. If the Collateral to Debt ratio drops below 160% or rises above 200% the Silo automatically rebalances the loan to re-target 180% (healthy CTD) to protect against liquidations or optimise the yield opportunities. Rebalancing: If a rebalance is required (to avoid liquidation for example the CTD drops below 160%), the Silo instantly removes some of the GAMMA farm / QuickSwap liquidity, converts part back to MAI token and pays back some of the debt to re-target 180% CTD to avoid liquidation. In the event of collateral rising above 200% the Silo simply borrows more MAI from the vault (if available), and adds it to the LP and Farm to increase yield. Extras: Monitoring for available MAI borrow capacity. In the event a user deploys a Silo strategy for a collateral type that does not have MAI available to borrow, the Silo monitors the available MAI amount and can instantly borrow MAI any time there is capacity to do so until 180% CTD target is achieved, meaning a user does not have to check for available MAI constantly for popular vault-collateral types. QuickSwap -- GAMMA: This particular Silo is depositing the LP into QuickSwap via GAMMA. GAMMA is a Concentrated Liquidity management platform that can manage the LP to reduce Impermanent Loss and increase profits for the LP. At the end of the video, we press the EXIT Silo and Withdraw Funds button. This is to show how easy EXITING a strategy is (1-click). The entire strategy is wound-down. The Farm position is removed, the liquidity token is unstaked, the liquidity tokens are removed from the liquidity position and returned back to the USDC and MAI tokens. The USDC is then converted back to MAI token and the debt is paid back to QiDAO. The users collateral is retrieved from the Vault and returned to the users wallet. In the event there is a slight short-fall in the debt repayment, a small portion of the original collateral is sold into MAI token to cover the full debt. At the very end of the video, I then hit deposit again, just to once again show how quickly everything works.