📖
IG On Arbitrum
  • Smilee On Arbitrum
  • Past & Present
    • Smilee v0
    • Smilee v1
    • Smilee v1.69 (current)
  • IMPERMANENT GAIN
    • What are Options?
    • Impermanent Loss & Options
    • Understanding Delta Hedging
    • 📈Trade
      • User Guide
      • Bull, Bear, Smile
      • Initial Price, Breakeven, Expiry
      • Impermanent Gain Pricing
      • Impermanent Gain vs. Vanilla Options
    • 💰Earn
      • User Guide
      • Payoff, APY & Performance
      • Volatility vs Volume
  • Protocol Design
    • Overview
    • DVPs
    • Vaults
    • Liquidity-to-Volatility Engine
    • Synthetic AMM
    • Delta Hedging
    • Maturities & Epochs
    • Fees
    • Oracles & Risks
    • Decentralization Roadmap
  • RESOURCES
    • Smilee FAQs
    • Smart Contracts
    • Media Kit
    • Audits
    • Bug Bounties
  • Developer Documentation
    • Introduction
    • How to Execute a Trade
    • Retrieving DVP Data
    • Read Value of an IG Position
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  1. Protocol Design

Overview

PreviousVolatility vs VolumeNextDVPs

Last updated 11 months ago

Smilee protocol is based on four majors components:

  1. : Mint Impermanent Gain and in the future other products.

  2. : Provide the liquidity needed to mint & trade DVPs.

  3. Liquidity-to-Volatility Engine: Connects the Earn Vaults with DVPs—converting the former liquidity into Impermanent Gain.

  4. Synthetic AMM: Enables buying & selling of DVPs.

Vaults
Vaults