Zero Risk Loans ($ORDER)
Unlock liquidity from your staked CHAOS
Last updated
Unlock liquidity from your staked CHAOS
Last updated
When you stake your $CHAOS
, you are locking an asset with intrinsic value in the protocol. $CHAOS
does not just have a market value at a current spot price, but it has an intrinsic floor-price value that is fully backed by a diverse reserve of stablecoins.
This locked $CHAOS
can be used as collateral for zero-liquidation risk loans. After locking $CHAOS
, a loan of $ORDER
may be taken out against that $CHAOS
as collateral, equal to the floor price of the locked $CHAOS
.
This ability to take out $ORDER against staked $CHAOS
unlocks the capital from the $CHAOS
investment. The $CHAOS
remains locked, accruing yield, but the owner of the $CHAOS
is returned a portion of their capital.