๐คClaim ๐๐ฟ๐๐พ $3 ๐๐๐ณ๐ AND Free ๐ฟ๐ด๐ฟ๐ด ๐ฒ๐พ๐ธ๐ฝ ๐ต๐๐พ๐ผ ๐ผ๐ ๐๐๐พ ๐ฟ๐ธ๐ฝ๐ฝ๐ด๐ณ ๐ฟ๐พ๐๐๐๐ฐ๐ฐ๐...$IPOR, the leader of Defi interest rate swap protocols
Why write this article, because I bought it myself
Study it after buying it
This article talks about what $IPOR is doing, its background, economic model and benefits
1. What is the interest rate swap that $IPOR is doing
Interest rate swap can be simply understood as a risk management strategy that allows different people to swap their interest rate conditions when borrowing to cope with future changes in market interest rates.
For example
A chooses a floating interest rate when borrowing, and the interest rate will also change according to market changes
B chooses a fixed interest rate when borrowing, and it will not change regardless of the market conditions
Interest rate swap allows A and B to make this exchange
In DeFi, the concept of interest rate swap is still in its early stages.
According to DeFi Pulse statistics, the total TVL of all interest rate swap products in DeFi is only 600 million US dollars, which is a relatively small part of DeFi products;
2. What IPOR does
$IPOR provides a transparent and reliable platform that allows users to conduct interest rate swaps
Users can deposit, pledge and earn income, and can also use their own crypto assets for lending, enjoy the best interest rate combination from fixed interest rate to leveraged interest rate, and can also effectively hedge, speculate or arbitrage DeFi's lending rate.
In fact, in one sentence, IPOR is to "simplify the complex", simplifying the complex process.
3. Token distribution
Total amount: 100,000,000
DAO Treasury: 30%, managed by IPOR DAO
Liquidity mining: 25%, 1.05 tokens issued per block. Can be adjusted through DAO.
Operation: 12.76%
Core team: 20%, linear cashing over 3 years, no cliff.
Investors: 11.85%, linear cashing over 3 years, no cliff.
Retroactive rewards: 0.39%, 85,200 have been unlocked since January 18, 2023. 305,000 pieces