Single Finance
  • 🧑‍🌾Single Finance Lab
  • 🎇Getting Started
    • MetaMask
    • Crypto.com DeFi Wallet
  • 🔗Useful Links
  • Overview
    • 🌿Our Products
    • 🛡️Capital Protection (USD)
      • Stoploss, Lend & Stake
    • 💻Terminology
    • 💰Fee & Parameters
      • Single-Click Strategy
      • Leveraged Yield Farming
      • Lending & Interest Rate Model
    • 🗓️Roadmap
    • ❗Risks
  • Yield Farming
    • ⚖️Single-Click Strategy
      • Mechanics of Pseudo Market-Neutral Strategy
      • [Feature] Position Rebalance on Pseudo Market-Neutral Strategy
      • Mechanics of Leveraged Short/Long Strategy
    • 🌾Leveraged Yield Farming
      • [Boosting] VVS Boost Farms
      • [Boosting] xGRAIL Boost Farms
    • 👣Step-by-Step Guide
      • Open a Pseudo Market-Neutral Strategy Position
      • Adjust/Close your Pseudo Market-Neutral Strategy Position
      • Position Rebalance on Pseudo Market-Neutral Strategy
      • Open a Leveraged Short/Long Farming Position
      • Adjust/Close your Leveraged Short/Long Farming Position
      • Open a Leveraged Yield Farming Position
      • Adjust/Close your Leveraged Yield Farming Position
      • Manual Harvest
    • 🤯Liquidation
    • 💸Price Impact
    • 📈Price effect vs Impermanent loss
    • ❓FAQ
  • Lending & Staking
    • 🏦Lending & ibTokens
    • 🗳️$SINGLE Staking (Cronos only)
    • 👣Step-by-Step Guide
      • Lend and Stake Assets to Lending Pool
      • Unstake and Withdraw Assets from Lending Pool
      • Upgrade to V2 Staking Vault (for existing lenders)
      • Withdraw Assets from Capital Protected Vault
    • ❓FAQ
  • Tokenomics
    • 🌠SINGLE Token
    • 🚅veSINGLE Token
      • veSINGLE Formula
      • Step-by-Step Guide
    • 🏨Protocol Governance
    • 💓Farming Reward
    • 🌕How to Bridge/Swap SINGLE
  • AUTOSINGLE
    • 🤖AutoSingle Protocol
  • Language
    • 한국어
  • Litepaper
    • Background
    • Liquidity Mining
    • Risks and Pain Points
    • The Single Finance Protocol
      • Pseudo Market-Neutral Strategy
Powered by GitBook
On this page
  • What is Single Protocol?
  • Architecture and Specs
  1. Litepaper

The Single Finance Protocol

PreviousRisks and Pain PointsNextPseudo Market-Neutral Strategy

Last updated 3 years ago

What is Single Protocol?

Single Finance is a super intuitive platform for all your DeFi investments, minimizing correlations to the general market. Everything on Single Finance is worked out from the user’s injected capital in USD. Everything is visualized, and everything is within your fingertips.

Single Finance’s Single-Click pseudo-market-neutral strategies are built on three major facilities:

  1. Single Pools — Strategy vaults, leveraged yield farming vaults, and lending pools.

  2. Single Bots — Automated bots including capital protection bots and re-balancing bots to monitor the market situation and protect the user’s capital in USD.

  3. LP Time Machine — Performance analytics tool of liquidity pools across all EVM compatible chains. The tool shows the full breakdown of backward-simulated P&L (based on capital marked to USD), including LP rewards, DEX reward tokens, and value change due to the price impact.

Single Pool is a leveraged yield farming and leveraged liquidity-providing protocol. There are three roles that users can perform in our Single Protocol.

Lenders can deposit different tokens, such as BTC, ETH, USDT, and USDC, to our Single Idle Strategy Vault in order to earn a higher interest rate. The lending yield is determined by strategy players borrowing these assets in order to execute different types of liquidity mining strategies.

Strategy players can earn a higher yield by betting on our single-click DeFi strategies.To increase the total yield of their farming positions, different strategy vaults borrow multiple assets from a single idle strategy vault. The yield is higher because of 1) more trading fees from larger trading volume, and 2) more yields generated from the DEX.

Yield farmers can select any supported liquidity pair and build their own strategies based on our single pool. Yield farmers can borrow different amounts of two assets in a liquidity pair and set their own stop-loss ratio.

Architecture and Specs