LAPUTA - Cross margin leverage yield farming

Project Name: Laputa
Project Track: Defi
Team Name: Laputa
Team Member(s): 4 members @LMM @Lynn @hukudome @Horizon @larry1
DevPost URL: Project
Project Goal: Maximizing liquidity efficiency with cross-margin leverage yield farming protocol.
Project Info: [Pitch deck]Laputa_IR_Tron Hackathon v1.0.pdf - Google Drive
Project Website: (https://laputa.finance/)
Project Test Instructions: (https://laputa.finance/)
Contract address: Under construction - check out the demo(Laputa - cross margin leverage yield farming protocol on Tron - YouTube)

  • Go to the website
  • Enter App
  • Connect wallet
  • Go to ‘Leverage-Farm’ and click ‘Farm’ to see the details
  • Check out each tab for other UI.
  • See ‘Docs’ for more details.
    Project Details:

Executive Summary
Laputa is a lending protocol offering cross-margin leverage yield farming.

  • Lending enables users to earn safe and stable yields.
  • Leverage Yield Farming (LYF) allows borrowers to get undercollateralized loans for their positions, multiplying their initially deposited collateral and resulting profits.
  • Strategy vaults that utilize leverage yield farming automatically manage the vault to hedge against the market volatility.

Our Advantages

  • Universal leverage allows any listed asset to become cross-collateral which maximizes capital efficiency.
  • Laputa Lending enables borrowing assets to pair with deposited collateral and create ibLPtokens, and auto compounding and self-increasing tokens to assist in minimizing liquidation risk over time.
  • Together with Laputa protocol, our team’s experience in developing automated vaults and perpetual DEX protocols further strengthens strategy vaults such as Delta Neutral, 1x Long, and Concentrated Liquidity.

Key User Experience

Case 1 : Risk hedging

  • Other LYF : Users have to repay their debt, resulting in liquidity inefficiency
  • Laputa : Users can simply take an opposite position with the same amount of money but with extra APR
  • This is why developing a Delta Neutral Strategy at Laputa is easier than ever

Case 2 : Opening more position with same collateral

  • Other LYF : User has to realize PnL in order to open more positions.
  • Laputa : By simply holding a position with high profit, users can open bigger positions using the profit as collateral

Case 3 : Volatile positions

  • Other LYF : Possible liquidation, leading to inefficiency of capital
  • Laputa : Other positions can act as a cushion and help that position survive

Features


[Universal Leverage]

  • Any listed asset can be collateral for leverage farming
  • Isolating positions without withdrawal is possible by cross-margin on/off feature
  • When close to liquidation, opening a new position that works as counter to existing position leads to a hedging strategy but with more APR


[Lend]

  • Deposit can earn yields and enable borrowing power for leverage farming at the same time
  • Strategic deposit and borrowing can work as Long/Short of an asset


[Strategy Vault]

  • Delta Neutral Strategy, where market exposure is nearly zero by the automated engine
  • 1x Long exposure with maximum leverage where rebalancing to keep the exposure 1x makes liquidation near to impossible

Project Milestones:

  • September 1~30: Cross-margin mechanism development
  • October 1~15: Basic UX/UI development
  • October 16 ~ 31: Brand design
  • November 1 ~ 10: IR Pitch deck
  • November 11 ~ 13: Website development

Project Roadmap
From Leverage yield farming to LMM

  • 2022 Q4: Launch
    • Universal Leverage Yield Farming
  • 2023 Q1: Innovative Strategy Vault
    • Delta Neutral
    • 1x Long
    • Concentrated Liquidity
  • 2023 Q2: Derivatives
    • Perpetual Dex
  • 2023 Q3: Tokenized Leverage Money Market
    • tokenized strategy vaults can be traded and transferred across chains.

Please stay tuned. So much more updates are on the way :slight_smile:

48 Likes

hey guys! this is team Laputa. we are developing cross-margin leverage yield farming protocol.
we are aiming to bring the whole leverage money market to Tron ecosystem.

Please feel free to ask any questions!

15 Likes

This is a good and indeed a great roadmap…nice one

4 Likes

Did you incorporate cross-margin into leverage-yield farming? It’s a crazy idea. holy

4 Likes

This leverage will help the citizens to have a backup as to what they can fall back on when they are in need

3 Likes

Great project guys, and ambitious roadmap! :wink:

5 Likes

thanks for the support! lets make it happen

2 Likes

thanks for noticing :slight_smile:

2 Likes

indeed. Leverage money market is essential to every ecosystem

2 Likes

It will maximize the capital efficiency for sure.

3 Likes

Wow, this so amazing, I love the roadmap, it’s cool.

5 Likes

This is a great project and indeed a good roadmap…nice work

4 Likes

Funny name if your spanish

3 Likes

Defi, has been a blessing though it’s highly risky

3 Likes

This is a nice and indeed a good roadmap…nice work

4 Likes

Superb project I can’t keep waiting on it

6 Likes

@Veeeek
check this one out

3 Likes

Seems that some options like using unrealised PNL as collateral might be very risky. Are you going to provide full documentation to explain how the protocol works and associated risks of using it?
I think you guys should probably make a quiz users have to take before they can use the platform. Like for binance future.

4 Likes

Btw, where is the name “LAPUTA” from? :thinking:

4 Likes

Great idea

Well goodluck on the road map and success

4 Likes