NEOPIN

Hello, everyone. It&#39;s great to see you all again &#x1f60a;NEOPIN offers a wide range of decentralized financial products, and today we&#39;ll take a closer look at derivatives.<h2 id="header-0">Multiple Yield Farming Protocol based on AI</h2>NEOPIN offers a multiple yield farming protocol based on AI that allows users to earn higher rewards with greater stability than other products based on relatively stable assets such as RWA and major coins such as ETH. NEOPIN’s proprietary AI algorithm analyzes and provides the optimal and personalized asset management user experience.NEOPIN&#39;s derivatives are currently available in BDLP and SDLP.<h2 id="header-1">1. BDLP(Bond Derivatives Linked Protocol)</h2>&#x1f3db; RWA Based Multiple Yield Farming ProtocolNEOPIN BDLP is an RWA-based multiple yield farming protocol designed. It leverages Spark’s sDAI and Ethena’s USDe. Spark’s sDAI represents tokenized DAI deposited into MakerDAO’s Dai Savings Rate, deriving yield from MakerDAO’s interest rate on DAI loans including US T-bill deployments and overcollateralized crypto loans. Meanwhile, Ethena’s USDe, backed by staked Ethereum collateral, offers a censorship-resistant, scalable, and stable crypto-native solution. Alongside USDe, Ethena presents the ‘Internet Bond,’ a globally accessible dollar-denominated savings instrument within DeFi. The protocol operates on the Ethereum network, allowing for DAI, USDT, and USDC deposits.&#x1f916; Powered by AINEOPIN’s proprietary AI algorithm analyzes and provides the optimal asset management ratio for each user. Users can efficiently utilize complex DeFi derivatives based on preferences and on-chain data.❓ So… How does it workNEOPIN BDLP offers two types of options:RWA: Using Spark’s sDAI, a yield-bearing stablecoin that tokenizes DAI deposited into the DSR. No waiting period for withdrawals. Partial withdrawals are allowed.*The DSR APY may change according to Maker Governance decisions.Boost: With the Ethena protocol, with a 14-day waiting period for withdrawals. Only full withdrawals are allowed.When depositing stablecoins, you have the option to choose the ratio between RWA and Boost. This flexibility enables you to customize your investment strategy based on your preferences and risk tolerance, balancing investments between stable RWA assets and high APY Boost assets for strategic portfolio management. While Boost offers a relatively higher APY, it comes with a potential opportunity cost due to the 14 day waiting period when withdrawing the assets. On the other hand, RWA allows for immediate withdrawal but offers a comparatively lower APY.You have the flexibility to partially withdraw your RWA deposited assets at any time, and you can choose whether to withdraw Boosting LP along with it. However, Boosting LP allows only full withdrawals.&#x1f504; Automated Reinvestment of RewardsThe rewards generated are automatically reinvested, providing compounded returns over time. This means that any rewards earned are automatically redeposited, generating compound interest for increased earnings.Additionally, regardless of which type of stablecoin users deposit (DAI, USDT, or USDC), the rewards are received in DAI.&#x1f50e; GuidePlease see the step-by-step guide below on how to earn with NEOPIN BDLP.· <a href="https://docs.neopin.io/earn-with-neopin/derivatives/rwa/app-neopin-bdlp-guide" rel="noopener noreferrer nofollow">[App] NEOPIN BDLP Guide</a>· <a href="https://docs.neopin.io/earn-with-neopin/derivatives/rwa/web-neopin-bdlp-guide" rel="noopener noreferrer nofollow">[Web] NEOPIN BDLP Guide</a>&#x1f4a1; Invest with EaseNEOPIN simplifies the process, making it effortless for users to explore and invest in diverse DeFi opportunities without the hassle of navigating multiple protocols. Whether you’re a beginner or an experienced investor, NEOPIN offers a user-friendly interface that streamlines the investment process, empowering users to access and capitalize on the full potential of decentralized finance.Notes· The final APY may vary depending on the protocols used.· Please read the documentation for each protocol carefully for more information about the protocols and their potential risks before using the product. (<a href="https://docs.spark.fi/defi-infrastructure/sdai-overview" rel="noopener noreferrer nofollow">Spark docs</a> / <a href="https://ethena-labs.gitbook.io/ethena-labs" rel="noopener noreferrer nofollow">Ethena docs</a> / <a href="https://docs.curve.fi/" rel="noopener noreferrer nofollow">Curve docs</a>)· U.S. persons and those acting on their behalf are prohibited from using NEOPIN BDLP, regardless of IP address. For the prohibited countries to use NEOPIN, please refer to the list below. This includes users in the U.S. or countries where NEOPIN use is illegal. Violations of laws, including anti-money laundering regulations, are not allowed. Concealing location through methods like VPNs is also prohibited.· Prohibited countries: United States of America, Abkhazia, Afghanistan, Angola, Belarus, Burundi, Central African Republic, Congo, Cuba, Crimea, Ethiopia, Guinea-Bissau, Iran, Ivory Coast (Cote D’Ivoire), Lebanon, Liberia, Libya, Mali, Burma (Myanmar), Nicaragua, North Korea, Northern Cyprus, Russia, Somalia, Somaliland, South Ossetia, South Sudan, Sudan, Syria, Ukraine (Donetsk and Luhansk regions), United States, Venezuela, Yemen, Zimbabwe and countries with which transactions are restricted under the laws of the United States, United Kingdom, EU, United Nations or where the user resides in.<h2 id="header-2">2. NEOPIN SDLP (Staking Derivatives Linked Protocol)</h2>NEOPIN SDLP is an ETH Auto-Boost Derivatives product, offering a strategy pool centered around ETH staking. It utilizes NEOPIN’s proprietary technology to offer derivatives based on promising DeFi protocols such as Lido and Sommelier Finance.&#x1f4c8; Enhancing ETH Holdings EffortlesslyWith NEOPIN SDLP, users can effectively increase ETH holdings without the hassle of managing low-yield deposit products or navigating the complexities of manual yield farming. It combines two leading DeFi protocols, Lido and Sommelier, into one product. This innovative approach offers a relative decrease in risk, as it strategically utilize stETH, which represents staked ether in Lido, and utilizes Sommelier’s diversified approach across multiple DeFi protocols (Aave, Uniswap v3, Balancer, Morpho), reducing the risk of yield downturns.1️⃣ One Transaction, Multiple ProtocolsNEOPIN SDLP is designed to make using multiple DeFi protocols easier, without losing any of their effectiveness. With NEOPIN SDLP, users can consolidate participation in various DeFi protocols into a single transaction. This enhancement not only improves the user experience by saving time and reducing the potential for errors but also showcases the power of smart contract technology in streamlining DeFi transactions.&#x1f504; Automated Reinvestment of RewardsThe rewards generated are automatically reinvested, providing compounded returns over time. This means that any rewards earned are automatically redeposited, generating compound interest for increased earnings.&#x1f50e; GuideFor a detailed step-by-step guide, please refer to the pages below:· <a href="https://docs.neopin.io/earn-with-neopin/derivatives/derivative/app-neopin-sdlp-guide" rel="noopener noreferrer nofollow">[App] NEOPIN SDLP Guide</a>· <a href="https://docs.neopin.io/earn-with-neopin/derivatives/derivative/web-neopin-sdlp-guide" rel="noopener noreferrer nofollow">[Web] NEOPIN SDLP Guide</a>&#x1f4a1; Invest with EaseNEOPIN SDLP is designed to maximize the ETH yield through automated boosting across a range of DeFi protocols. With a single click, users can take advantage of maximized rewards on their ETH holdings, based on optimized gas fees, automated processes, and efficient smart contract execution.Notes:*The final APY may vary depending on the protocols used.Please read the documentation for each protocol carefully for more information about the protocols and their potential risks before using the product. (Lido / Sommelier)U.S. persons and those acting on their behalf are prohibited from using NEOPIN SDLP, regardless of IP address. This includes users in the U.S. or countries where NEOPIN use is illegal. Violations of laws, including anti-money laundering regulations, are not allowed. Concealing location through methods like VPNs is also prohibited.Today we&#39;ve been looking at NEOPIN&#39;s derivatives, and they&#39;re designed to be easy to use, so I hope you&#39;ll give them a try. See you soon! &#x1f606;&#x1f465; Join the NEOPIN Communities<a href="https://onelink.to/5ynn8k" rel="noopener noreferrer nofollow">App</a> |<a href="https://neopin.io/" rel="noopener noreferrer nofollow"> Web</a> |<a href="https://twitter.com/NeopinOfficial" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://medium.com/neopin-official" rel="noopener noreferrer nofollow"> Medium</a> |<a href="https://discord.gg/neopinofficial" rel="noopener noreferrer nofollow"> Discord</a> |<a href="https://t.me/neopin_eng" rel="noopener noreferrer nofollow"> Telegram</a>

[NEOPIN 3.0 Guide] Derivatives

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