boat
Mint USDA+
Bal: 0.0000 wrsETH
5% of collateral upside$0.00
Points
0
100% Synthetic LTV
Deposit
$0.00
Option Fee
$0.00
USDA+ borrowed
$0.00
Downside Protection
$0.00
0%
How it works?
  1. Deposit ETH/LRTs as collateral and mint USDA+ (up to 80% of collateral value).
  2. Get 20% downside price fall protection on collateral with 1 month expiry, with option to renew every month.
  3. Pay a closing option fee, ~60% lower than charged in any derivative platform.
  4. Track and manage positions under ‘Borrowed Position’ in Portfolio.
  5. Earn yield-bearing ABOND tokens when closing your position.
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