Liquidity Pools
Last updated
Last updated
ZLP consists of an index of assets used for swaps and leverage trading. It can be minted using any index asset and burnt to redeem any index asset. The price for minting and redemption is calculated based on (total worth of assets in index including profits and losses of open positions) / (ZLP supply).
Once liquidity is provided, the ZLP token must be added to the staking to yield from ZEUS exchange pools. The exchange offers several liquidity pools - ETH, WBTC, USDC. Each participant who provides their liquidity to the pool becomes a ZLP liquidity provider and receives income from the ZEUS Exchange pools.
The yield in pools is dynamic and depends on the TVL pool filling, the higher the TVL filling, the lower the APR yield becomes and, accordingly, the lower the TVL filling, the higher the APR yield from the pool.
Any LP provider can withdraw their liquidity from the pool at any time without penalties.
The ZUS token is the native token of the ZEUS Exchange and is used for staking and earning even more ZUS. Please note that it is the fact of both SBT mint and ZUS staking that secures your right to participate in the ZEUS Exchange airdrop.
The yield of ZUS staking is 60% APR.
ZEUS Exchange liquidity pools use solo farming, i.e. when the user adds not 2 assets, but one. This solution allows avoiding the risk of unstable thirds.
Caution should be exercised when interacting with any smart contract or blockchain application. While risks are attempted to be mitigated through testing, audits and bug bounties, there is always a risk of vulnerabilities in smart contract code.
*The information in this section will be added once the main ZEUS Exchange network is up and running.
