SIL AND ITS PRODUCTS
SIL.Finance is the world’s first decentralises LP matching engine that is purely built on smart contracts technologies. It is a single sided yield aggregator (1 click hedging) with adventurous functional #NFT farming card add-ons. Sil is a decentralized automatic investment platform based on smart contracts, focusing on providing users with DeFi Financial Management services. SIL provides dual-token liquidity for variable swaps, automatic LP matching, and automatic compound interests. According to factors such as annualized rate of return, safety factor, financial management cycle, etc., it automatically selects and configures products that best suit the interests of users, making complex liquidity mining to become simple.
The SIL’s model is unique on the DeFi market, it’s single-sided functionality is solely contributed by users, the product gives all the possible choices back to the community and is way more open than yield products.
The revenue of mining will be distributed to all users in proportion, there is no intermediary, no principal commission fees. It’s fair and just. The platform is jointly built by crypto enthusiasts from all over the world, and the management of the platform is entrusted to all SIL holders.
SIL PRODUCTS
1. Hedging
A convenient tool to help you hedge market risks by simply depositing the token you care and earn more tokens from fluctuation.
2. Yield
Share all kinds of pan-SIL-products rewards without any risks by only staking SIL.
3. Xsil
SIL augmented NFT makes you stand out not just on accelerated yield profits, but also merge and trade and carries blessings from the sisters. Best for Crypto Sharks with gaming in mind.
4. SAFN
SIL augmented NFT makes you stand out not just on accelerated yield profits, but also merge and trade and carries blessings from the sisters.
KEY FEATURES, BENEFITS AND UPDATES ABOUT SIL HEDGING
At the moment, SIL’s HEDGING mode has been launched on Ethereum and Binance Smart Chain. Each chain supports different trading pairs on different swaps, but the mechanism is the same.
It is a convenient tool to help you hedge market risks by simply depositing the token you care and earn more tokens from fluctuation. Best for sharp traders
The benefit of using SIL’s hedge instead of controlling positions manually or using contract is that:
- SIL’s hedging can’t get you liquidated, it’s has a mild curve as the UNI v2 curve
· Relative price impact (rate) will be reduced to the square root of the rate
· Single token hedging on top of LP farms, users get 2x leverage alike experience simply by depositing (use AMM’s X * Y = K).
- Automatic yield compounding (user triggers or bot triggers, with minimal resolution set to 1 hour).
- NFT addon to speedup mining process, or slow down someone else’s, or yourselves.
- Multi-chain coverage:
- Ethereum
- Binance Smart Chain (BSC)
- Okexchain (OEC)
- Support quality swaps on each chain.
One of the core features of SIL is to bet on long or/and short, which essentially utilize the AMM protocol and SIL’s LP composition at the same time. It requires users to have some pre-judgements of the market, the best practice is to stake long-term bullish, short-term bearish assets.
Take DOT/BNB trading pair ,for example If one thinks that DOT has a high probability of rising in the short term, but does not want to buy DOT with BNB in hands or whatever assets he has, then he can choose to pledge BNB. If DOT rises as anticipated, then the quantity of BNB in the user’s hand will increase, thus gaining the benefits of DOT rising. On the contrary, if the user holds DOT in his hand, he is bearish in the short term on DOT but does not want to sell the DOT in his hand for the long term bullish, then he can choose to pledge DOT. If DOT falls, the amount of DOT in his hand will increase, but the user will get more quantity of DOT for the long term.
One of the core features of SIL is to bet on long or/and short, which essentially utilize the AMM protocol and SIL’s LP composition at the same time. It requires users to have some pre-judgements of the market, the best practice is to stake long-term bullish, short-term bearish assets.
For more details on Sil Yield Faming visit the site below:
KEY FEATURES, BENEFITS AND UPDATES ABOUT SIL YIELD FARMING
The core features of SIL are the Yield Mode, where users ranged from entry-level to advance all can easily participate. This mode is based on AMM protocol (UNIv2) and SIL’s LP composition and SIL’s auto-compound and SIL’s IL Mitigation all at the same time. It doesn’t require users to have pre-judgements of the market or sort, just deposit and earn.
Sil Yield Farming ensures that participants share all kinds of pan-SIL-products rewards without any risks by only staking SIL. This is Best for SIL holders also known as diamond hands.
At the moment, SIL’s Yield Mode has been launched on Ethereum and Binance Smart Chain and OkexChain. Each chain supports different trading pairs on different swaps.
THE BENEFIT OF USING SIL’S YIELD MODE IS THAT:
- SIL’s Yield Mode is quite stable, and mitigating IL at the same time
- You only need to deposit single-sided tokens without worrying counter-party assets
· Single token mining on top of LP farms which have much higher yields than traditional single token pools (employs LP composition).
- Automatic passive Impermanent Loss Mitigation for all farms of type1. (profiting users mitigate losing users within the farm).
For more details on Sil Yield Faming visit the site below
GENERAL FEATURES OF SIL
- LP Grouping: Similar concept to the DeFi “Vault”. For instance, user_A holds ETH but not USDT, user_B holds USDT but not ETH; “B” wants to participate in the mining to gain interest; while due to ETH’s price soars, “‘B” does not want to convert USDT to ETH to participate; SIL provides a liquidity pool that matches (grouping) user_A’s ETH with user_B’s USDT as a bundle to participate. This pool halving the risks for both user_A and user_B, mutually benefits both of the users in a P2P dual-mining model.
· Compound interest mechanism
- Multiple Gain: Based on the LP matching mechanism, besides gaining compounding interest on the original digital asset(s) investment, SIL token is issued to participants through such a mining process.
For more information on Sil, Visit:
Website : sil.fnance
Telegram : t.me/sil_finance
Twitter : @Sil_Finance