๐Ÿค‘Claim ๐š„๐™ฟ๐šƒ๐™พ $3 ๐š„๐š‚๐™ณ๐šƒ AND Free ๐™ฟ๐™ด๐™ฟ๐™ด ๐™ฒ๐™พ๐™ธ๐™ฝ ๐™ต๐š๐™พ๐™ผ ๐™ผ๐šˆ ๐šƒ๐š†๐™พ ๐™ฟ๐™ธ๐™ฝ๐™ฝ๐™ด๐™ณ ๐™ฟ๐™พ๐š‚๐šƒ๐š‚๐Ÿ’ฐ๐Ÿ’ฐ๐ŸŽ...$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