UI Guide / Glossary
UI and leverage terms explained,
Last updated
UI and leverage terms explained,
Last updated
Loop Factor
How much the position size is leveraged with borrowed capital
Looped APR
The looped Annual Percentage Rate (APR) is a dynamic figure that adjusts with fluctuations in the Base APR or interest rates. It encompasses the leveraged Base APR, the interest paid, and, if applicable, the Boost APR. This calculation does not take into account the effects of compound interest.
Slippage
Total Position Size
The total value that is invested in the yielding asset comprises both the principal and the borrowed capital. Price impact is not considered with this value.
Market Price
Execution Price
Boost Position (Toggle) (will only live after the TGE)
Activating the toggle locks 6% of the Total Position Size in the dynamic Liquidity Pool (dLP) for one month. This action activates the boost, enabling the receipt of interest rebates through LOOP emissions (Boost APR) and additional dLP APR. For those wishing to lock more than 6% or extend the duration beyond one month, adjustments can be made on the Homepage or the dLP page.
Value
This value is calculated by subtracting the Total Debt from the Total Position Size. It represents the amount that can potentially be withdrawn from the position and is expected to increase over time.
Leverage
The loop factor you've applied to your position
APY (click to check the breakdown)
Same with Looped APR, is a dynamic figure that adjusts with fluctuations in the Base APR or interest rates. It encompasses the leveraged Base APR, the interest paid, and, if applicable, the Boost APR. This calculation does not take into account the effects of compound interest.
Levered Yield
The leveraged Base APR
Points APR
Here we crafted our points calculator using Pendle YT market data - it shows what traders are actually willing to pay for future points value. And based on market pricing we calculate your APR for you.
Borrow Cost
This represents the annualized interest paid on the borrowed capital or debt associated with the position.
Points
The points your leveraged position generates hourly.
Current Market Price
This is the price of the asset associated with the underlying strategy, expressed in ETH. Should the price of the asset decrease, the Loan-to-Value (LTV) ratio will increase, potentially leading to the liquidation of the position.
Liquidation Price
The Liquidation Price is the price level at which your position will be liquidated. If the price of the collateralized asset (the one tied to the underlying strategy) drops to this level, the Loan-to-Value (LTV) ratio will exceed the allowed threshold, triggering liquidation. Essentially, it’s the "danger zone" price that you want to avoid.
Liquidation Buffer
The Liquidation Buffer is an extra margin or "safety cushion" above the Liquidation Price. It gives you a bit of breathing room before your position is liquidated. This buffer accounts for market volatility, sudden price swings, and transaction costs, ensuring that the liquidation doesn’t occur prematurely due to minor fluctuations.
Think of it as a protective layer that gives you time to take corrective action (like repaying part of your loan or adding more collateral) to avoid liquidation.
The rewards you can claim for providing LP to the pool you are looping.
Rewards
The claimable rewards for adding liquidity to the pool you are looping
