Target Users
Last updated
Last updated
All actors in the Orbit AI ecosystem.
Lenders earn passive yield coming through interest charged from leveraged Liquid Restaking strategies.
Lenders provide the ETH that is used to perform carry trades. By depositing ETH, lenders can mint lpETH which can be used across DeFi to earn points and yield. lpETH stakers are earning the borrowing interest charged from Orbiters.
Orbiters earn actively leveraged restaking yield by performing carry trades.
Orbiters borrow ETH from the protocol for an interest to buy yielding collateral (e.g., Pendle LRT LP tokens) with it. If the yield of the collateral is greater than the interest charged, they have a successful carry trade and their Net Position Value increases over time. The higher the Orbit AI Factor, the more capital is borrowed in comparison to their provided principal.
The interest charged for borrowing ETH is distributed among dLP lockers and lpETH stakers (Lenders). By locking >5% of their Total Looped Position Size in the dLP, Orbiters unlock ORAI emissions to reduce their borrowing cost.
dLP Lockers govern over the protocol, earn passive yield and unlock ORAI emissions to aligned users.
The dLP describes the liquidity provider token of Orbit AI, consisting of 80% ORAI and 20% lpETH. Protocol revenue generated not only goes to lpETH stakers but also to dLP Lockers. The lock can be for either one, three, six, nine, or twelve months; the longer the lock, the greater the boost the user will receive to their voting power and real yield.
By granting ORAI emissions only to ORAI liquidity providers, the full potential of the Orbit AI flywheel is gated to the most protocol aligned users while guaranteeing deep liquidity for the native token.
