styling and boost references
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@ -399,7 +399,7 @@ function EditLeverageForm({
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{({ open }) => (
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<>
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<Disclosure.Button
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className={`w-full rounded-xl border-2 border-th-bkg-3 px-4 py-3 text-left focus:outline-none ${
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className={`w-full rounded-lg border-2 border-th-bkg-3 px-4 py-3 text-left focus:outline-none ${
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open ? 'rounded-b-none border-b-0' : ''
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}`}
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>
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@ -3,7 +3,7 @@ const HowItWorks = () => {
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<div className="mt-6 rounded-lg border-2 border-th-fgd-1 bg-th-bkg-1 p-6">
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<h2 className="mb-1">Before you jump in</h2>
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<p className="mb-6 leading-relaxed">
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Boost! is high risk. Make sure you understand how it works before
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This product is high risk. Make sure you understand how it works before
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risking any funds.
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</p>
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<h3 className="mb-1">The basics of JLP</h3>
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@ -18,12 +18,12 @@ const HowItWorks = () => {
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all perp trading fees. This is automatically accrued in the price of JLP
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over time and is represented as an APR.
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</p>
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<h3 className="mb-1">The basics of boosting JLP</h3>
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<h3 className="mb-1">The basics of adding leverage to JLP</h3>
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<p className="mb-3 leading-relaxed">
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Boost! offers a simple way to add leverage to your JLP position. It
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works by borrowing USDC against your deposited JLP and then swapping the
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borrowed USDC to JLP. This leaves you with more JLP than you deposited
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and a borrowed amount of USDC.
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This product offers a simple way to add leverage to your JLP position.
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It works by borrowing USDC against your deposited JLP and then swapping
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the borrowed USDC to JLP. This leaves you with more JLP than you
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deposited and a borrowed amount of USDC.
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</p>
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<p className="mb-6 leading-relaxed">
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The idea is to increase your return by harvesting more of the native
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@ -31,7 +31,7 @@ const HowItWorks = () => {
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JLP yield. As long as your borrow costs are less than the extra JLP
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yield you make a profit.
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</p>
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<h3 className="mb-1">Is boosting JLP always profitable?</h3>
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<h3 className="mb-1">Is adding leverage to JLP always profitable?</h3>
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<p className="mb-3 leading-relaxed">
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No. For one, there is a real risk of liquidation. If the price of JLP
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drops below your liquidation threshold you will lose some or all of your
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@ -46,7 +46,7 @@ const HowItWorks = () => {
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This variable APR can change significantly and frequently depending on
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the ratio or USDC deposits and borrows. It is charged continuosly on the
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balance of your USDC borrow and paid to USDC depositors (lenders) on
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Boost!.
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yield.fans
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</p>
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<h4 className="mb-1">USDC Loan Origination Fee</h4>
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<p className="mb-3 leading-relaxed">
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@ -77,26 +77,22 @@ const HowItWorks = () => {
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</p>
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<h4 className="mb-1">Position Entry Costs</h4>
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<p className="mb-3 leading-relaxed">
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When boosting JLP the USDC you borrow gets swapped via Jupiter to more
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JLP. This can incur some slippage resulting in an entry price worse than
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expected.
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When adding leverage to JLP the USDC you borrow gets swapped via Jupiter
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to more JLP. This can incur some slippage resulting in an entry price
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worse than expected.
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</p>
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<p className="mb-6 leading-relaxed">
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So, for boosting JLP to be profitable the extra yield needs to be
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So, for leveraging JLP to be profitable the extra yield needs to be
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greater than these costs. It can also take some time for your position
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to be in profit because of the upfront fees paid to borrow USDC.
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</p>
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<h3 className="mb-1">Boosting USDC</h3>
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<h3 className="mb-1">Depositing USDC</h3>
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<p className="mb-6 leading-relaxed">
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Boosting USDC is simply supplying it to the lending pool. Your USDC
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balance will be lent to JLP boosters and will continously earn the
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variable interest rate. There are no fees associated with lending USDC.
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Depositing USDC is simply supplying it to the lending pool. Your USDC
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balance will be lent to users leveraging JLP and will continously earn
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the variable interest rate. There are no fees associated with lending
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USDC.
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</p>
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{/* <p className="mb-3 leading-relaxed">
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There are no fees associated with lending USDC but there are risks. If
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there was a catastrophic failure in JLP or Boost! you could lose all of
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your funds.
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</p> */}
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<h3 className="mb-1">Risks</h3>
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<p className="mb-3 leading-relaxed">
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The following risks are non-exhaustive.
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@ -108,44 +104,45 @@ const HowItWorks = () => {
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result in total loss of funds.
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</p>
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<p className="mb-3 leading-relaxed">
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If JLP were to have a large depegging event it could leave Boost! with
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bad debt. JLP boosters would lose due to JLP losing value and USDC
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depositors would lose if the JLP was unable to be liquidated in time.
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If JLP were to have a large depegging event it could leave the product
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with bad debt. Users leveraging JLP would lose due to JLP losing value
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and USDC depositors would lose if the JLP was unable to be liquidated in
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time.
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</p>
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<h4 className="mb-1">Oracles</h4>
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<p className="mb-3 leading-relaxed">
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Boost! uses 3rd party oracle providers for pricing data. It is possible
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that bad data from these oracle services could result in liquidations
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and/or total loss of funds.
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This product uses 3rd party oracle providers for pricing data. It is
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possible that bad data from these oracle services could result in
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liquidations and/or total loss of funds.
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</p>
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<h4 className="mb-1">Liquidity</h4>
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<p className="mb-3 leading-relaxed">
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Opening and closing positions on Boost! relies on swapping between JLP
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and USDC without significant price impact. During an extreme market
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event there could be issues liquidating positions effectively. This
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could affect the liquidity available to open/close positions.
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Opening and closing positions relies on swapping between JLP and USDC
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without significant price impact. During an extreme market event there
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could be issues liquidating positions effectively. This could affect the
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liquidity available to open/close positions.
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</p>
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<h4 className="mb-1">Boost! Code</h4>
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<h4 className="mb-1">Code</h4>
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<p className="mb-3 leading-relaxed">
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Boost! is an integration with the Mango v4 contracts. These are audited
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by{' '}
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This product is an integration with the Mango v4 contracts. These are
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audited by{' '}
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<a href="https://osec.io/" rel="noopener noreferrer" target="_blank">
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OtterSec
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</a>{' '}
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on every release. It is still possible for exploitable vulnerabilities
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to exist that could result in total loss of funds.
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</p>
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<h4 className="mb-1">Boost! UI</h4>
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<h4 className="mb-1">UI</h4>
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<p className="mb-3 leading-relaxed">
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As the Boost! UI changes fairly regularly it's possible for errors
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to be introduced that could temporaily affect your ability to enter or
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exit positions.
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As the UI changes fairly regularly it's possible for errors to be
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introduced that could temporaily affect your ability to enter or exit
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positions.
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</p>
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<h4 className="mb-1">Solana Network and RPCs</h4>
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<p className="mb-3 leading-relaxed">
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Boost! relies on the Solana Network and external RPCs to function. If
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these services are down access to your funds on Boost! will be affected.
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If this coincides with a market event you could lose funds.
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This product relies on the Solana Network and external RPCs to function.
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If these services are down access to your funds will be affected. If
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this coincides with a market event you could lose funds.
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</p>
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</div>
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)
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@ -27,12 +27,13 @@ const NavTabs = <T extends Values>({
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key={`${value}` + i}
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onClick={() => onChange(value)}
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>
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{count ? <div className="mr-1.5 h-5 w-5" /> : null}
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{names ? names[i] : value}
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{count ? (
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<div
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className={`ml-2 rounded ${
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className={`ml-1.5 h-5 w-5 rounded-full text-xs ${
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value === activeValue ? 'bg-th-bkg-1' : 'bg-th-bkg-3'
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} px-1.5 py-0.5 `}
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}`}
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>
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<span className="text-sm text-th-fgd-2">{count}</span>
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</div>
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@ -28,6 +28,7 @@ import { useWallet } from '@solana/wallet-adapter-react'
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import UnstakeForm from './UnstakeForm'
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import StakeForm from './StakeForm'
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import DespositForm from './DepositForm'
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import { useTheme } from 'next-themes'
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const set = mangoStore.getState().set
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@ -144,6 +145,7 @@ const PositionItem = ({
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borrowBank: Bank | undefined
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}) => {
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const { connected } = useWallet()
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const { theme } = useTheme()
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const { jlpGroup, lstGroup } = useMangoGroup()
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const { stakeBalance, bank, pnl, acct } = position
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const [showEditLeverageModal, setShowEditLeverageModal] = useState(false)
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@ -213,13 +215,9 @@ const PositionItem = ({
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return (
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<div className="rounded-2xl border-2 border-th-fgd-1 bg-th-bkg-1 p-6">
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<div className="mb-4 flex flex-col border-b border-th-bkg-3 pb-4 md:flex-row md:items-center md:justify-between">
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<div className="flex flex-col pb-4 md:flex-row md:items-center md:justify-between">
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<div className="mb-4 flex items-center space-x-3 md:mb-0">
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<div
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className={`inner-shadow-bottom-sm flex h-12 w-12 items-center justify-center rounded-full border border-th-bkg-2 bg-gradient-to-b from-th-bkg-1 to-th-bkg-2`}
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>
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<TokenLogo bank={bank} size={28} />
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</div>
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<TokenLogo bank={bank} size={40} />
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<div>
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<h3>{formatTokenSymbol(bank.name)}</h3>
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<p>${bank.uiPrice.toFixed(2)}</p>
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@ -239,12 +237,19 @@ const PositionItem = ({
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) : (
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<Button onClick={() => handleAddNoPosition(bank.name)}>
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<p className="mb-1 text-base tracking-wider text-th-bkg-1">
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{`Boost! ${bank.name}`}
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{`Add`}
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</p>
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</Button>
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)}
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</div>
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<div className="grid grid-cols-1 gap-4 sm:grid-cols-2">
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<div
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className={`bg-x-repeat h-2 w-full ${
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theme === 'Light'
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? `bg-[url('/images/zigzag-repeat.svg')]`
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: `bg-[url('/images/zigzag-repeat-dark.svg')]`
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} bg-contain opacity-20`}
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/>
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<div className="grid grid-cols-1 gap-4 pt-4 sm:grid-cols-2">
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<div>
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<p className="mb-1 text-th-fgd-4">Position Size</p>
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<span className="text-xl font-bold text-th-fgd-1">
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@ -381,10 +386,12 @@ const PositionItem = ({
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})
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setShowEditLeverageModal(!showEditLeverageModal)
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}}
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className="default-transition flex items-center rounded-md border-b-2 border-th-bkg-4 bg-th-bkg-2 px-2.5 py-1 text-th-fgd-1 md:hover:bg-th-bkg-3"
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className="raised-button-neutral group flex h-8 items-center rounded-lg px-3 after:rounded-lg after:border after:border-th-bkg-3 focus:outline-none disabled:cursor-not-allowed disabled:opacity-50"
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>
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<AdjustmentsHorizontalIcon className="mr-1.5 h-4 w-4" />
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<span className="font-bold">Edit</span>
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<span className="flex w-full items-center group-hover:mt-1 group-active:mt-2">
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<AdjustmentsHorizontalIcon className="mr-1.5 h-4 w-4" />
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<span className="font-bold">Edit</span>
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</span>
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</button>
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) : null}
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</div>
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@ -124,7 +124,7 @@ const Stake = () => {
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<>
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<div className="flex flex-col items-center">
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<div className="w-full pb-6 text-center md:pb-8">
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<h1 className="mb-1">Welcome yield fans 👋</h1>
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<h1 className="mb-1">Welcome yield fan 👋</h1>
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<p>
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It's time to leverage up your liquid staking yield.
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</p>
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@ -237,7 +237,7 @@ const Stake = () => {
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>
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<ArrowLeftIcon className="h-5 w-5" />
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</IconButton>
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<h2>Leverage {selectedToken}</h2>
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<h2>Add {selectedToken}</h2>
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</div>
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{selectedToken === 'USDC' ? (
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<DespositForm
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@ -63,7 +63,7 @@ import { useTheme } from 'next-themes'
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const set = mangoStore.getState().set
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export const NUMBERFORMAT_CLASSES =
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'inner-shadow-top-sm w-full rounded-xl border border-th-bkg-3 bg-th-input-bkg p-3 pl-12 pr-4 text-left font-bold text-xl text-th-fgd-1 focus:outline-none focus-visible:border-th-fgd-4 md:hover:border-th-bkg-4 md:hover:focus-visible:border-th-fgd-4'
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'inner-shadow-top-sm w-full rounded-lg border border-th-bkg-3 bg-th-input-bkg p-3 pl-12 pr-4 text-left font-bold text-xl text-th-fgd-1 focus:outline-none focus-visible:border-th-fgd-4 md:hover:border-th-bkg-4 md:hover:focus-visible:border-th-fgd-4'
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interface StakeFormProps {
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token: string
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@ -418,7 +418,11 @@ function StakeForm({ token: selectedToken, clientContext }: StakeFormProps) {
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return (
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<>
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<h2 className="mb-3 text-center text-lg font-normal">Token to deposit</h2>
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<h2 className="text-center text-lg font-normal">Token to deposit</h2>
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<p className="mb-3 text-center text-sm text-th-fgd-4">
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(If you deposit {clientContext === 'jlp' ? 'USDC' : 'SOL'} it will be
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swapped to {selectedToken})
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</p>
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<div className="grid grid-cols-2 gap-4 pb-6 text-lg font-bold md:pb-8">
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<button
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className={`${YIELD_BUTTON_CLASSES} ${
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@ -556,7 +560,7 @@ function StakeForm({ token: selectedToken, clientContext }: StakeFormProps) {
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desc={
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<div>
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<p>
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No {formatTokenSymbol(selectedToken)} balance to Boost!{' '}
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No {formatTokenSymbol(selectedToken)} balance to add.{' '}
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<a
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className="font-bold"
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href={`https://app.mango.markets/swap?in=USDC&out=${selectedToken}&walletSwap=true`}
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@ -587,7 +591,7 @@ function StakeForm({ token: selectedToken, clientContext }: StakeFormProps) {
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<InlineNotification
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desc={`Your ${inputAmount} ${depositToken} will be swapped to ${
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uiOutAmount ? `~${uiOutAmount}` : ''
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} ${selectedToken} before Boosting!`}
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} ${selectedToken}`}
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type="info"
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/>
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)}
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@ -632,7 +636,7 @@ function StakeForm({ token: selectedToken, clientContext }: StakeFormProps) {
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{({ open }) => (
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<>
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<Disclosure.Button
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className={`w-full rounded-xl border-2 border-th-bkg-3 px-4 py-3 text-left focus:outline-none ${
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className={`w-full rounded-lg border-2 border-th-bkg-3 px-4 py-3 text-left focus:outline-none ${
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open ? 'rounded-b-none border-b-0' : ''
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}`}
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>
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@ -863,7 +867,7 @@ function StakeForm({ token: selectedToken, clientContext }: StakeFormProps) {
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})}
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</div>
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) : ipAllowed ? (
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`Boost! ${
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`Add ${
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isSwapMode && uiOutAmount ? uiOutAmount : inputAmount
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} ${formatTokenSymbol(selectedToken)}`
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) : (
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|
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@ -9,13 +9,15 @@ const TransactionHistory = () => {
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const { history, isLoading, refetch } = useAccountHistory()
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return (
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<div className="flex min-h-[380px] flex-col space-y-2 rounded-2xl border-2 border-th-fgd-1 bg-th-bkg-1 p-6">
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<div className="text-center text-sm opacity-50">
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History may be delayed by a few minutes.{' '}
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<div className="text-center text-sm">
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<span className="text-th-fgd-4">
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History may be delayed by a few minutes.
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</span>{' '}
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<button
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className="text-blue-400 hover:text-blue-600 active:text-purple-900"
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className="text-th-link md:hover:text-th-link-hover"
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onClick={() => refetch()}
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>
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Click to refresh.
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Click to refresh
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</button>
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</div>
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{history?.length ? (
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|
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@ -382,12 +382,12 @@ function UnstakeForm({
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) : (
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<>
|
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<Disclosure.Button
|
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className={`w-full rounded-xl border-2 border-th-bkg-3 px-4 py-3 text-left focus:outline-none ${
|
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className={`w-full rounded-lg border-2 border-th-bkg-3 px-4 py-3 text-left focus:outline-none ${
|
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open ? 'rounded-b-none border-b-0' : ''
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}`}
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>
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<div className="flex items-center justify-between">
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<p className="font-medium">Staked Amount</p>
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<p className="font-medium">Staked amount</p>
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<div className="flex items-center space-x-2">
|
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<span className="text-lg font-bold text-th-fgd-1">
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<FormatNumericValue
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|
@ -405,7 +405,7 @@ function UnstakeForm({
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</Disclosure.Button>
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<Disclosure.Panel className="space-y-2 rounded-xl rounded-t-none border-2 border-t-0 border-th-bkg-3 px-4 pb-3">
|
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<div className="flex justify-between">
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<p className="text-th-fgd-4">Staked Amount</p>
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<p className="text-th-fgd-4">Staked amount</p>
|
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<span className="font-bold text-th-fgd-1">
|
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<BankAmountWithValue
|
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amount={tokenMax.maxAmount}
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|
@ -415,7 +415,7 @@ function UnstakeForm({
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</div>
|
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<div className="flex justify-between">
|
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<p className="text-th-fgd-4">
|
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Staked Amount with borrow
|
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Staked amount with borrow
|
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</p>
|
||||
<span className="font-bold text-th-fgd-1">
|
||||
<BankAmountWithValue
|
||||
|
|
|
@ -3,93 +3,92 @@ import { ChevronDownIcon } from '@heroicons/react/20/solid'
|
|||
|
||||
const FAQS = [
|
||||
{
|
||||
question: 'Why would I want to Boost!?',
|
||||
question: 'Why would I want to add leverage?',
|
||||
answer: (
|
||||
<>
|
||||
<h3>JLP/Liquid staking tokens</h3>
|
||||
<p>
|
||||
Boost! let's you easily add leverage to your token positions. The
|
||||
tokens listed on Boost! (excluding USDC) all have native yield so in
|
||||
the right market conditions you can borrow to increase your exposure
|
||||
to this native yield. When the extra yield is larger than your cost of
|
||||
borrowing you earn more yield than you would by simply holding the
|
||||
token.
|
||||
The tokens listed on yield.fan (excluding USDC) all have native yield
|
||||
so in the right market conditions you can borrow to increase your
|
||||
exposure to this native yield. When the extra yield is larger than
|
||||
your cost of borrowing you earn more yield than you would by simply
|
||||
holding the token.
|
||||
</p>
|
||||
<h3>USDC</h3>
|
||||
<p>
|
||||
Boosting USDC is different in that when you deposit USDC you are
|
||||
adding it to the lending pool for JLP boosters. There is no leverage
|
||||
involved and JLP borrowers pay a variable interest rate to borrow your
|
||||
USDC.
|
||||
USDC is different in that when you deposit USDC you are adding it to
|
||||
the lending pool for users adding leverage to JLP. There is no
|
||||
leverage involved and JLP borrowers pay a variable interest rate to
|
||||
borrow your USDC.
|
||||
</p>
|
||||
</>
|
||||
),
|
||||
},
|
||||
{
|
||||
question: 'How does Boost! work?',
|
||||
question: 'How does it work?',
|
||||
answer: (
|
||||
<>
|
||||
<h3>JLP</h3>
|
||||
<p>
|
||||
Boosting JLP works by using your deposited JLP as collateral to borrow
|
||||
USDC which is then swapped to JLP. This leaves you with an increased
|
||||
balance of JLP and a borrowed amount of USDC.
|
||||
Adding leverage to JLP works by using your deposited JLP as collateral
|
||||
to borrow USDC which is then swapped to JLP. This leaves you with an
|
||||
increased balance of JLP and a borrowed amount of USDC.
|
||||
</p>
|
||||
<p>The JLP pool is completely isolated from Mango v4.</p>
|
||||
<h3>Liquid staking tokens (LSTs)</h3>
|
||||
<p>
|
||||
Boosting liquid staking tokens (mSOL, JitoSOL, bSOL etc) works by
|
||||
using your deposited token as collateral to borrow SOL which is then
|
||||
swapped to more of your deposited token. This leaves you with an
|
||||
increased balance of your LST and a borrowed amount of USDC.
|
||||
Adding leverage to liquid staking tokens (mSOL, JitoSOL, bSOL etc)
|
||||
works by using your deposited token as collateral to borrow SOL which
|
||||
is then swapped to more of your deposited token. This leaves you with
|
||||
an increased balance of your LST and a borrowed amount of USDC.
|
||||
</p>
|
||||
<p>
|
||||
The pools for LSTs on Boost! draw from the same liquidity available on
|
||||
Mango v4.
|
||||
The pools for LSTs on yield.fan draw from the same liquidity available
|
||||
on Mango v4.
|
||||
</p>
|
||||
<h3>USDC</h3>
|
||||
<p>
|
||||
USDC is part of the isolated JLP group. When you deposit USDC it will
|
||||
be lent out to JLP boosters. You earn a varialbe interest rate in
|
||||
return that is determined by the amount of USDC deposited and the
|
||||
amount borrowed.
|
||||
be lent out to users adding leverage to JLP. You earn a varialbe
|
||||
interest rate in return that is determined by the amount of USDC
|
||||
deposited and the amount borrowed.
|
||||
</p>
|
||||
</>
|
||||
),
|
||||
},
|
||||
{
|
||||
question: 'How does unboosting work?',
|
||||
question: 'How do I withdraw?',
|
||||
answer: (
|
||||
<>
|
||||
<h3>JLP/Liquid staking tokens</h3>
|
||||
<p>
|
||||
Unboosting works by unwinding your leveraged position. Your borrow
|
||||
will be repaid by swapping the token you boosted to the token you
|
||||
Withdrawals work by unwinding your leveraged position. Your borrow
|
||||
will be repaid by swapping the token you leveraged to the token you
|
||||
borrowed with the remainder being withdrawn to your wallet.
|
||||
</p>
|
||||
<p>
|
||||
There are no fees associated with unboosting however, there could be
|
||||
There are no fees associated with withdrawals however, there could be
|
||||
up to 1% slippage when swapping to repay your loan.
|
||||
</p>
|
||||
<h3>USDC</h3>
|
||||
<p>
|
||||
Unboosting USDC removes it from the lending pool and withdraws it to
|
||||
Withdrawing USDC removes it from the lending pool and withdraws it to
|
||||
your wallet.
|
||||
</p>
|
||||
<p>There are no fees associated with unboosting USDC.</p>
|
||||
<p>There are no fees associated with withdrawing USDC.</p>
|
||||
</>
|
||||
),
|
||||
},
|
||||
{
|
||||
question: 'Is boosting always profitalbe?',
|
||||
question: 'Is adding leverage always profitalbe?',
|
||||
answer: (
|
||||
<>
|
||||
<h3>JLP/Liquid staking tokens</h3>
|
||||
<p>
|
||||
No. For one, there is a risk of liquidation (especially when boosting
|
||||
JLP). If the price of your boosted token drops below your liquidation
|
||||
threshold you will lose some or all of your funds. This risk increases
|
||||
with the amount of leverage you use.
|
||||
No. For one, there is a risk of liquidation (especially when
|
||||
leveraging JLP). If the price of your leveraged token drops below your
|
||||
liquidation threshold you will lose some or all of your funds. This
|
||||
risk increases with the amount of leverage you use.
|
||||
</p>
|
||||
<p>
|
||||
There are also fees and costs for borrowing that will affect your
|
||||
|
@ -99,9 +98,9 @@ const FAQS = [
|
|||
</p>
|
||||
<h3>USDC</h3>
|
||||
<p>
|
||||
Boosting USDC is always profitable unless there is a systemic failure
|
||||
that results in loss of funds. See the risks FAQ to learn about some
|
||||
of the potential risks of using Boost!
|
||||
Depositing USDC is always profitable unless there is a systemic
|
||||
failure that results in loss of funds. See the risks FAQ to learn
|
||||
about some of the potential risks of using yield.fan
|
||||
</p>
|
||||
</>
|
||||
),
|
||||
|
@ -110,14 +109,14 @@ const FAQS = [
|
|||
question: 'What are the costs/fees?',
|
||||
answer: (
|
||||
<>
|
||||
<p>The costs and fees depend on the token you are boosting.</p>
|
||||
<p>The costs and fees depend on the token you are leveraging.</p>
|
||||
<h3>JLP/Liquid staking tokens</h3>
|
||||
<p className="font-bold">Borrow Interest Rate</p>
|
||||
<p>
|
||||
This variable APR can change significantly and frequently depending on
|
||||
the ratio of deposits and borrows. It is charged continuosly on the
|
||||
balance of your USDC or SOL borrow and paid to USDC depositors
|
||||
(lenders) on Boost! and SOL depositors on Mango v4.
|
||||
(lenders) on yield.fan and SOL depositors on Mango v4.
|
||||
</p>
|
||||
<p className="font-bold">Loan Origination Fee</p>
|
||||
<p>
|
||||
|
@ -149,12 +148,12 @@ const FAQS = [
|
|||
</p>
|
||||
<p className="font-bold">Position Entry Costs</p>
|
||||
<p>
|
||||
When boosting the USDC or SOL you borrow gets swapped via Jupiter to
|
||||
more of your boosted token. This can incur up to 1% slippage resulting
|
||||
in an entry price worse than expected.
|
||||
When adding funds the USDC or SOL you borrow gets swapped via Jupiter
|
||||
to more of your leveraged token. This can incur up to 1% slippage
|
||||
resulting in an entry price worse than expected.
|
||||
</p>
|
||||
<h3>USDC</h3>
|
||||
<p>There are no fees associated with boosting USDC.</p>
|
||||
<p>There are no fees associated with depositing USDC.</p>
|
||||
</>
|
||||
),
|
||||
},
|
||||
|
@ -165,8 +164,8 @@ const FAQS = [
|
|||
<p>
|
||||
When you open a leveraged position there are some immediate costs
|
||||
associated with borrowing. You'll be paying a loan origination
|
||||
fee, interest on the borrowed amount, and a collateral fee (if
|
||||
boosting JLP) instantaneously. Over time and in the right market
|
||||
fee, interest on the borrowed amount, and a collateral fee (if adding
|
||||
leverage to JLP) instantaneously. Over time and in the right market
|
||||
conditions your "Total Earned" will become positive.
|
||||
</p>
|
||||
</>
|
||||
|
@ -178,12 +177,12 @@ const FAQS = [
|
|||
<>
|
||||
<p>
|
||||
The following risks are non-exhaustive. It's important to have a
|
||||
good understanding of these risks and how Boost! works before
|
||||
good understanding of these risks and how yield.fan works before
|
||||
depositing any funds
|
||||
</p>
|
||||
<h3>Code</h3>
|
||||
<p>
|
||||
Boost! is an integration with the Mango v4 program. Although it is
|
||||
yield.fan is an integration with the Mango v4 program. Although it is
|
||||
open source and has been audited extensively, it's possible bugs
|
||||
and exploits exist that could result in the loss of funds. It's
|
||||
also possible for a bug in the UI to affect the ability to open and
|
||||
|
@ -198,27 +197,24 @@ const FAQS = [
|
|||
</p>
|
||||
<h3>Liquidity</h3>
|
||||
<p>
|
||||
Opening and closing positions on Boost! relies on swapping between the
|
||||
staking tokens and USDC without significant price impact. During an
|
||||
extreme market event there could be issues liquidating positions
|
||||
effectively. This could affect the liquidity available to open/close
|
||||
positions.
|
||||
Opening and closing positions relies on swapping between the staking
|
||||
tokens and USDC without significant price impact. During an extreme
|
||||
market event there could be issues liquidating positions effectively.
|
||||
This could affect the liquidity available to open/close positions.
|
||||
</p>
|
||||
<h3>Oracles</h3>
|
||||
<p>
|
||||
The price data for Boost! comes from third party oracle providers.
|
||||
It's possible for the data to be incorrect due to a failure with
|
||||
the oracle provider. This could result in bad liquidations and loss of
|
||||
funds.
|
||||
The price data comes from third party oracle providers. It's
|
||||
possible for the data to be incorrect due to a failure with the oracle
|
||||
provider. This could result in bad liquidations and loss of funds.
|
||||
</p>
|
||||
<h3>Yield Duration</h3>
|
||||
<p>
|
||||
When you borrow USDC or SOL to open a position on Boost! you'll
|
||||
be paying an initial loan origination fee, interest on the borrowed
|
||||
amount, and a collateral fee (if boosting JLP) instantaneously. This
|
||||
means you could open a position and close it before earning any
|
||||
additional yeild, whilst paying interest and collateral fees to borrow
|
||||
USDC or SOL.
|
||||
When you borrow USDC or SOL to open a position you'll be paying
|
||||
an initial loan origination fee, interest on the borrowed amount, and
|
||||
a collateral fee instantaneously. This means you could open a position
|
||||
and close it before earning any additional yeild, whilst paying
|
||||
interest and collateral fees to borrow USDC or SOL.
|
||||
</p>
|
||||
</>
|
||||
),
|
||||
|
@ -228,16 +224,16 @@ const FAQS = [
|
|||
answer: (
|
||||
<p>
|
||||
The price of JLP vs USDC. JLP is a liquidity pool provider token
|
||||
composed of assets, trading fees and traders profits and losses. Boost!
|
||||
increases the position size of your staking token by borrowing USDC.
|
||||
This means you earn more of the staking reward every epoch. It's
|
||||
important to account for the cost of borrowing USDC. This is displayed
|
||||
in the UI.
|
||||
composed of assets, trading fees and traders profits and losses.
|
||||
yield.fan increases the position size of your staking token by borrowing
|
||||
USDC. This means you earn more of the staking reward every epoch.
|
||||
It's important to account for the cost of borrowing USDC. This is
|
||||
displayed in the UI.
|
||||
</p>
|
||||
),
|
||||
},
|
||||
{
|
||||
question: 'Why is my Ledger not working with Boost!?',
|
||||
question: 'Why is my Ledger not working?',
|
||||
answer: (
|
||||
<p>
|
||||
If your Ledger isn't working it's most likely because it
|
||||
|
@ -246,10 +242,10 @@ const FAQS = [
|
|||
),
|
||||
},
|
||||
{
|
||||
question: 'Who made Boost!?',
|
||||
question: 'Who made this?',
|
||||
answer: (
|
||||
<p>
|
||||
Boost! is made and maintained by long-term contributors to{' '}
|
||||
yield.fan is made and maintained by long-term contributors to{' '}
|
||||
<a
|
||||
href="https://dao.mango.markets"
|
||||
target="_blank"
|
||||
|
@ -268,127 +264,6 @@ const FaqsPage = () => {
|
|||
<div className="rounded-2xl border-2 border-th-fgd-1 bg-th-bkg-1 p-6">
|
||||
<h1 className="mb-4">FAQs</h1>
|
||||
<div className="space-y-2">
|
||||
{/* <Disclosure key={'How does Boost! work?'}>
|
||||
{({ open }) => (
|
||||
<div>
|
||||
<Disclosure.Button
|
||||
className={`w-full rounded-xl border-2 border-th-bkg-3 px-4 py-3 text-left focus:outline-none ${
|
||||
open ? 'rounded-b-none border-b-0' : ''
|
||||
}`}
|
||||
>
|
||||
<div className="flex items-center justify-between">
|
||||
<p className="font-medium">{'How does Boost! work?'}</p>
|
||||
<ChevronDownIcon
|
||||
className={`${
|
||||
open ? 'rotate-180' : ''
|
||||
} h-6 w-6 shrink-0 text-th-fgd-1`}
|
||||
/>
|
||||
</div>
|
||||
</Disclosure.Button>
|
||||
<Disclosure.Panel className="space-y-2 rounded-xl rounded-t-none border-2 border-t-0 border-th-bkg-3 px-4 pb-3">
|
||||
<p>
|
||||
Leveraged staking with Boost! amplifies yields by recursively
|
||||
borrowing and lending between SOL and its supported tokens:
|
||||
mSOL, jitoSOL, bSOL, and stSOL. Users can deposit any of these
|
||||
tokens and then borrow SOL to enhance their returns.
|
||||
</p>
|
||||
|
||||
<p>Example with jitoSOL:</p>
|
||||
<ul className="list-inside list-disc">
|
||||
<li>
|
||||
A user deposits jitoSOL into Mango's borrowing/lending
|
||||
program via Boost!.
|
||||
</li>
|
||||
<li>
|
||||
Boost! then leverages the deposited jitoSOL to borrow SOL,
|
||||
based on the user's desired leverage ratio on Mango.
|
||||
</li>
|
||||
<li>
|
||||
This process effectively increases the user's position
|
||||
size in jitoSOL, amplifying the base yield.
|
||||
</li>
|
||||
</ul>
|
||||
|
||||
<p>
|
||||
When the returns from staking surpass the costs of borrowing,
|
||||
users enjoy a premium from this enhanced staking with Boost!.
|
||||
</p>
|
||||
</Disclosure.Panel>
|
||||
</div>
|
||||
)}
|
||||
</Disclosure>
|
||||
<Disclosure key={'What are the risks?'}>
|
||||
{({ open }) => (
|
||||
<div>
|
||||
<Disclosure.Button
|
||||
className={`w-full rounded-xl border-2 border-th-bkg-3 px-4 py-3 text-left focus:outline-none ${
|
||||
open ? 'rounded-b-none border-b-0' : ''
|
||||
}`}
|
||||
>
|
||||
<div className="flex items-center justify-between">
|
||||
<p className="font-medium">{'What are the risks?'}</p>
|
||||
<ChevronDownIcon
|
||||
className={`${
|
||||
open ? 'rotate-180' : ''
|
||||
} h-6 w-6 shrink-0 text-th-fgd-1`}
|
||||
/>
|
||||
</div>
|
||||
</Disclosure.Button>
|
||||
<Disclosure.Panel className="space-y-2 rounded-xl rounded-t-none border-2 border-t-0 border-th-bkg-3 px-4 pb-3">
|
||||
<ul className="list-inside list-disc">
|
||||
<li>
|
||||
There's a risk that tokens like mSOL, jitoSOL, bSOL, or
|
||||
stSOL may deviate significantly from the SOL price. If the
|
||||
token prices drop by 20% or SOL gains a premium of 18.5%,
|
||||
your position may face liquidation, particularly for high
|
||||
leverage positions. Deppegs, although infrequent, can occur
|
||||
due to market liquidity, pricing anomalies, or smart
|
||||
contract bugs.
|
||||
</li>
|
||||
|
||||
<li>
|
||||
Liquidity pertains to quickly converting staked tokens into
|
||||
SOL without major price impact.
|
||||
</li>
|
||||
|
||||
<li>
|
||||
The underlying liqduid staking tokens as well as Mango are
|
||||
susceptible to risks linked to smart contract flaws and UI
|
||||
mishaps, which might lead to unexpected results or fund
|
||||
losses.
|
||||
</li>
|
||||
|
||||
<li>
|
||||
If your margin ratio falls below maintenance, you risk
|
||||
liquidation. A drop in staked asset value below the
|
||||
maintenance margin can result in partial or total sale of
|
||||
your collateral. Your liquidation ratio is displayed in the
|
||||
user interface.
|
||||
</li>
|
||||
|
||||
<li>
|
||||
Mango depends on external oracles for pricing. Inaccuracies
|
||||
from these oracles, whether due to technical issues,
|
||||
manipulation, etc., can cause undesired liquidations,
|
||||
potentially causing losses.
|
||||
</li>
|
||||
|
||||
<li>
|
||||
Instant SOL borrow interest payments contrast with token
|
||||
staking rewards paid every epoch (~2.5 days). Thus, users
|
||||
entering and exiting within these boundaries might pay
|
||||
interest without gaining staking rewards. It's vital to
|
||||
be familiar with{' '}
|
||||
<a href="https://docs.solana.com/cluster/stake-delegation-and-rewards">
|
||||
Solana staking mechanics
|
||||
</a>
|
||||
.
|
||||
</li>
|
||||
</ul>
|
||||
</Disclosure.Panel>
|
||||
</div>
|
||||
)}
|
||||
</Disclosure> */}
|
||||
{FAQS.map((faq) => {
|
||||
const { question, answer } = faq
|
||||
return (
|
||||
|
|
|
@ -29,7 +29,7 @@ const TermsOfUseModal = ({ isOpen, onClose }: ModalProps) => {
|
|||
height={48}
|
||||
width={48}
|
||||
/>
|
||||
<h2 className="mt-2 text-xl">Welcome yield fans</h2>
|
||||
<h2 className="mt-2 text-xl">Welcome yield fan</h2>
|
||||
<p className="text-center">
|
||||
Earn leveraged yield on your JLP and liquid staking tokens.
|
||||
</p>
|
||||
|
|
|
@ -29,10 +29,10 @@ const Button: FunctionComponent<ButtonCombinedProps> = ({
|
|||
<button
|
||||
onClick={onClick}
|
||||
disabled={disabled}
|
||||
className={`flex items-center justify-center rounded-xl ${
|
||||
className={`flex items-center justify-center rounded-lg ${
|
||||
secondary
|
||||
? 'border border-th-button focus-visible:border-th-fgd-4 md:hover:border-th-button-hover'
|
||||
: 'raised-button text-shadow group text-xl text-th-bkg-1 after:rounded-xl'
|
||||
: 'raised-button text-shadow group text-xl text-th-bkg-1 after:rounded-lg'
|
||||
} ${
|
||||
size === 'medium'
|
||||
? 'h-10 px-4'
|
||||
|
|
153
pages/risks.tsx
153
pages/risks.tsx
|
@ -15,11 +15,11 @@ const Risks: NextPage = () => {
|
|||
<h1 className="mb-4">Risks</h1>
|
||||
<p className="mb-3">
|
||||
<b>KEY INVESTOR INFORMATION:</b> This document provides you with key
|
||||
information about the Mango Markets Boost! Leveraged Staking product and
|
||||
the risks involved. It is not marketing material. The information is
|
||||
required to help you understand the nature and risks of investing in
|
||||
this product.You are advised to read it so you can make an informed
|
||||
decision about whether to invest.
|
||||
information about this Leveraged Staking product and the risks involved.
|
||||
It is not marketing material. The information is required to help you
|
||||
understand the nature and risks of investing in this product.You are
|
||||
advised to read it so you can make an informed decision about whether to
|
||||
invest.
|
||||
</p>
|
||||
<p className="mb-3">
|
||||
<b>IMPORTANT INFORMATION: CAPITAL AT RISK</b> The value and income of
|
||||
|
@ -37,15 +37,15 @@ const Risks: NextPage = () => {
|
|||
blockchains, operate independently of Mango Markets DAO.
|
||||
</p>
|
||||
<p className="mb-3">
|
||||
This leverage product, known as Boost! v2, allows users to deposit JLP
|
||||
This leverage product, known as yield.fan, allows users to deposit JLP
|
||||
and SOL liquid staking tokens (LSTs), to be used as collateral in the
|
||||
borrowing of USDC (if boosting JLP) or SOL (if boosting LSTs) at a
|
||||
borrowing of USDC (if leveraging JLP) or SOL (if leveraging LSTs) at a
|
||||
variable interest rate. The USDC or SOL is used to purchase additional
|
||||
tokens, creating increased exposure.
|
||||
</p>
|
||||
<p className="mb-3">
|
||||
The product entails various fees, including variable collateral fee
|
||||
rates (if boosting JLP), loan origination fees, and variable loan
|
||||
rates (if leveraging JLP), loan origination fees, and variable loan
|
||||
maintenance fees. The value of your position is directly affected by
|
||||
changes in the USDC or SOL interest rate and the market value of the
|
||||
deposited tokens. Typically, an increase in borrow interest rates, or a
|
||||
|
@ -53,49 +53,48 @@ const Risks: NextPage = () => {
|
|||
the value of your position, potentially resulting in liquidation.
|
||||
</p>
|
||||
<p className="mb-3">
|
||||
The Boost! leverage staking product relies on external oracles to
|
||||
provide real-time price feeds for deposited tokens, USDC and SOL. These
|
||||
oracles are essential for ensuring accurate collateral valuation.
|
||||
However, investors should be aware that oracle data is subject to risks
|
||||
of manipulation, delay, or inaccuracies. Such issues with oracle feeds
|
||||
can lead to improper valuation of deposited assets, potentially
|
||||
triggering unintended liquidations or affecting the overall performance
|
||||
of your investment.
|
||||
This leverage staking product relies on external oracles to provide
|
||||
real-time price feeds for deposited tokens, USDC and SOL. These oracles
|
||||
are essential for ensuring accurate collateral valuation. However,
|
||||
investors should be aware that oracle data is subject to risks of
|
||||
manipulation, delay, or inaccuracies. Such issues with oracle feeds can
|
||||
lead to improper valuation of deposited assets, potentially triggering
|
||||
unintended liquidations or affecting the overall performance of your
|
||||
investment.
|
||||
</p>
|
||||
<p className="mb-3">
|
||||
Investors should also be aware of the inherent smart-contract risks
|
||||
associated with the Boost! leverage staking on the Mango Markets DAO.
|
||||
These risks include, but are not limited to, vulnerabilities in the
|
||||
contract code that could potentially be exploited, leading to financial
|
||||
loss.
|
||||
associated with this product. These risks include, but are not limited
|
||||
to, vulnerabilities in the contract code that could potentially be
|
||||
exploited, leading to financial loss.
|
||||
</p>
|
||||
<p className="mb-6 font-bold">
|
||||
Please consider these risks carefully before using Mango Markets Boost!
|
||||
Leveraged Staking.
|
||||
Please consider these risks carefully before using yield.fan
|
||||
</p>
|
||||
<h3 className="mb-3">1. Why Boost JLP or LSTs?</h3>
|
||||
<h3 className="mb-3">1. Why add leverage to JLP or LSTs?</h3>
|
||||
<p className="mb-6">
|
||||
Increased Exposure and Returns: Amplifies investment in JLP/LSTs,
|
||||
leveraging USDC/SOL to enhance yield potential and market position
|
||||
without the need for extra capital.
|
||||
</p>
|
||||
<h3 className="mb-3">2. Why Not Boost JLP or LSTs?</h3>
|
||||
<h3 className="mb-3">2. Why Not add leverage to JLP or LSTs?</h3>
|
||||
<p className="mb-6">
|
||||
Risk of Liquidation: High volatility in the JLP/LST and USDC/SOL market
|
||||
can rapidly depreciate collateral value, triggering liquidations and
|
||||
potential loss of investment.
|
||||
</p>
|
||||
<h3 className="mb-3">3. Boosting</h3>
|
||||
<h3 className="mb-3">3. Adding leverage</h3>
|
||||
<p className="mb-3">
|
||||
Boosting offers a significant advantage by amplifying investors'
|
||||
exposure to JLP/LSTs and their associated yield through USDC or SOL
|
||||
borrowing, which facilitates the acquisition of additional amounts of
|
||||
JLP or LSTs, enhancing potential gains. This strategic leverage allows
|
||||
investors to expand their market position and potentially increase
|
||||
returns without the need for additional capital investment upfront. The
|
||||
product operates within a framework of carefully calibrated risk
|
||||
parameters, managed by the Mango DAO, to balance growth opportunities
|
||||
against the inherent risks of the JLP/LST and USDC/SOL markets.
|
||||
Adding leverage offers a significant advantage by amplifying
|
||||
investors' exposure to JLP/LSTs and their associated yield through
|
||||
USDC or SOL borrowing, which facilitates the acquisition of additional
|
||||
amounts of JLP or LSTs, enhancing potential gains. This strategic
|
||||
leverage allows investors to expand their market position and
|
||||
potentially increase returns without the need for additional capital
|
||||
investment upfront. The product operates within a framework of carefully
|
||||
calibrated risk parameters, managed by the Mango DAO, to balance growth
|
||||
opportunities against the inherent risks of the JLP/LST and USDC/SOL
|
||||
markets.
|
||||
</p>
|
||||
<p className="mb-3">
|
||||
However, this increased exposure is not without its costs. The primary
|
||||
|
@ -151,7 +150,7 @@ const Risks: NextPage = () => {
|
|||
<h3 className="mb-3">5. Objectives and Policy</h3>
|
||||
<ul className="ml-6 list-outside list-disc">
|
||||
<li className="mb-3">
|
||||
Boost! v2 augments the investor's exposure to the deposited
|
||||
yield.fan augments the investor's exposure to the deposited
|
||||
tokens by leveraging USDC or SOL borrowing to finance the acquisition
|
||||
of additional amounts of the deposited asset, which is designated as
|
||||
"Collateral".
|
||||
|
@ -164,13 +163,13 @@ const Risks: NextPage = () => {
|
|||
adjusting it in accordance with their risk management strategy.
|
||||
</li>
|
||||
<li className="mb-3">
|
||||
When boosting JLP the collateral of deposited tokens is subject to a
|
||||
fixed rate fee, which is imposed in direct proportion to the extent of
|
||||
the collateral that is secured by outstanding liabilities. In the
|
||||
context of liquidations, a distinct and typically lower value, known
|
||||
as the "maintenance asset weight", comes into play,
|
||||
representing the "weighted assets" threshold for triggering
|
||||
liquidation.
|
||||
When adding leverage to JLP the collateral of deposited tokens is
|
||||
subject to a fixed rate fee, which is imposed in direct proportion to
|
||||
the extent of the collateral that is secured by outstanding
|
||||
liabilities. In the context of liquidations, a distinct and typically
|
||||
lower value, known as the "maintenance asset weight", comes
|
||||
into play, representing the "weighted assets" threshold for
|
||||
triggering liquidation.
|
||||
</li>
|
||||
<li className="mb-3">
|
||||
The USDC and SOL borrow rates are dynamically adjusted based on the
|
||||
|
@ -183,11 +182,12 @@ const Risks: NextPage = () => {
|
|||
</li>
|
||||
<li className="mb-3">
|
||||
The effectiveness of leveraging JLP and the associated USDC borrowing
|
||||
rates are directly influenced by Boost! USDC, a distinct service on
|
||||
rates are directly influenced by USDC deposits, a distinct service on
|
||||
the platform designed for USDC lending. The interplay between JLP
|
||||
leverage and Boost USDC underscores the importance of understanding
|
||||
the inherent risks of Boost USDC when utilizing JLP for investment
|
||||
strategies. JLP and USDC are isolated from the LST pool.
|
||||
leverage and deposited USDC underscores the importance of
|
||||
understanding the inherent risks of deposited USDC when utilizing JLP
|
||||
for investment strategies. JLP and USDC are isolated from the LST
|
||||
pool.
|
||||
</li>
|
||||
<li className="mb-3">
|
||||
A liquidation event is initiated when the combined value of the
|
||||
|
@ -211,7 +211,7 @@ const Risks: NextPage = () => {
|
|||
</li>
|
||||
</ul>
|
||||
<p className="mb-6">
|
||||
For more information on Mango Boost, risks and charges please contact{' '}
|
||||
For more information on yield.fan, risks and charges please contact{' '}
|
||||
<a
|
||||
href="https://discord.gg/pV5mybZYY8"
|
||||
target="_blank"
|
||||
|
@ -220,18 +220,17 @@ const Risks: NextPage = () => {
|
|||
https://discord.gg/pV5mybZYY8
|
||||
</a>
|
||||
</p>
|
||||
<h3 className="mb-3">6. Interdependence with Boost USDC</h3>
|
||||
<h3 className="mb-3">6. Interdependence with deposited USDC</h3>
|
||||
<p className="mb-6">
|
||||
The "Boost JLP" product intricately relies on the "Boost
|
||||
USDC" , serving as a mechanism for deposits within the ecosystem.
|
||||
Specifically, the Boost USDC product facilitates the deposit of USDC,
|
||||
which is a critical component in enabling the leveraging features of
|
||||
Boost JLP. This interdependence underscores a strategic approach to
|
||||
liquidity management and leverage within the platform, where the
|
||||
availability and conditions of USDC deposits directly influence the
|
||||
operational dynamics of Boost JLP. As such, users engaging with Boost
|
||||
JLP are implicitly interacting with the underlying mechanisms and risks
|
||||
associated with Boost USDC.
|
||||
The "Leveraged JLP" product intricately relies on the
|
||||
deposited USDC, serving as a mechanism for deposits within the
|
||||
ecosystem. Specifically, USDC deposits are a critical component in
|
||||
enabling the leveraging of JLP. This interdependence underscores a
|
||||
strategic approach to liquidity management and leverage within the
|
||||
platform, where the availability and conditions of USDC deposits
|
||||
directly influence the operational dynamics of leveraged JLP. As such,
|
||||
users engaging with JLP are implicitly interacting with the underlying
|
||||
mechanisms and risks associated with the deposited USDC.
|
||||
</p>
|
||||
<h3 className="mb-3">7. Charges</h3>
|
||||
<p className="mb-3">
|
||||
|
@ -253,10 +252,10 @@ const Risks: NextPage = () => {
|
|||
rate falls within a 0-10 percent Annual Percentage Rate (APR).
|
||||
</li>
|
||||
<li className="mb-3">
|
||||
Collateral Fee Rate, This is a percentage fee for boosting JLP,
|
||||
assessed on the collateral deposited by the borrower. It fluctuates
|
||||
based on the ratio of weighted liabilities to weighted collateral,
|
||||
affecting the overall cost of borrowing.
|
||||
Collateral Fee Rate, This is a percentage fee for adding leverage to
|
||||
JLP and other LSTs, assessed on the collateral deposited by the
|
||||
borrower. It fluctuates based on the ratio of weighted liabilities to
|
||||
weighted collateral, affecting the overall cost of borrowing.
|
||||
</li>
|
||||
<li className="mb-3">
|
||||
Swap Fees, When positions are initiated by swapping USDC or SOL for a
|
||||
|
@ -268,13 +267,12 @@ const Risks: NextPage = () => {
|
|||
<h3 className="mb-3">8. JLP and LST Specific Risks</h3>
|
||||
<h4 className="mb-2">8.1 Disclaimer on Jupiter Token Management</h4>
|
||||
<p className="mb-3">
|
||||
It is important for users to understand that the Boost platform does not
|
||||
have any control over the management, performance, or operational
|
||||
strategies of JLP or any of the LSTs. Users should conduct their own due
|
||||
diligence and assess the risks involved when engaging with these tokens.
|
||||
Boost! accepts no responsibility for any financial outcomes related to
|
||||
the fluctuation in value, liquidity, or regulatory changes affecting
|
||||
these tokens.
|
||||
It is important for users to understand that the platform does not have
|
||||
any control over the management, performance, or operational strategies
|
||||
of JLP or any of the LSTs. Users should conduct their own due diligence
|
||||
and assess the risks involved when engaging with these tokens. We accept
|
||||
no responsibility for any financial outcomes related to the fluctuation
|
||||
in value, liquidity, or regulatory changes affecting these tokens.
|
||||
</p>
|
||||
<h4 className="mb-2">
|
||||
8.2 Risks Associated with Accepting JLP/LST Deposits
|
||||
|
@ -301,9 +299,8 @@ const Risks: NextPage = () => {
|
|||
</ul>
|
||||
<h3 className="mb-3">9. General Risks</h3>
|
||||
<p className="mb-3">
|
||||
The below describes the potential risks faced by users of Boost!,
|
||||
categorized into general risks, platform-specific risks, and market
|
||||
operation risks
|
||||
The below describes the potential risks faced by users categorized into
|
||||
general risks, platform-specific risks, and market operation risks
|
||||
</p>
|
||||
<ul className="ml-6 list-outside list-disc">
|
||||
<li className="mb-3">
|
||||
|
@ -324,14 +321,14 @@ const Risks: NextPage = () => {
|
|||
<p className="mb-3">
|
||||
Solana Network Risks: Solana's architecture, designed for high
|
||||
throughput and low transaction costs, faces challenges that can impact
|
||||
users on the Boost platform. Key areas of concern include:
|
||||
users on the platform. Key areas of concern include:
|
||||
</p>
|
||||
<ul className="ml-6 list-outside list-disc">
|
||||
<li className="mb-3">
|
||||
Wallet Loss: The decentralized nature of blockchain technology means
|
||||
that wallet security is paramount. Users losing access to their
|
||||
private keys will find themselves permanently unable to access their
|
||||
funds on Boost, with no centralized authority to facilitate recovery.
|
||||
funds, with no centralized authority to facilitate recovery.
|
||||
</li>
|
||||
<li className="mb-3">
|
||||
Infrastructure Risks: The Solana network is not immune to downtimes or
|
||||
|
@ -373,7 +370,7 @@ const Risks: NextPage = () => {
|
|||
</ul>
|
||||
<h4 className="mb-2">9.3 Disclaimer on Oracle Management</h4>
|
||||
<p className="mb-6">
|
||||
It is crucial for platform users to acknowledge that Boost! does not
|
||||
It is crucial for platform users to acknowledge that yield.fan does not
|
||||
control or manage the oracle services provided by Switchboard, Pyth, or
|
||||
any other third-party oracle providers. As such, we are not liable for
|
||||
any discrepancies, inaccuracies, or failures of the oracle services. In
|
||||
|
@ -382,9 +379,9 @@ const Risks: NextPage = () => {
|
|||
received data, underscoring the importance of users' awareness of
|
||||
these oracle provider risks.
|
||||
</p>
|
||||
<h3 className="mb-3">10. Boost! Specific Risks</h3>
|
||||
<h3 className="mb-3">10. Specific Risks</h3>
|
||||
<p className="mb-3">
|
||||
The "Boost" products within the Mango Markets ecosystem,
|
||||
The "yield.fan" products within the Mango Markets ecosystem,
|
||||
designed to enhance user engagement through leveraged positions and
|
||||
liquidity provision, carry their own set of specific risks. These risks
|
||||
stem from operational complexities, market volatilities, and
|
||||
|
@ -394,7 +391,7 @@ const Risks: NextPage = () => {
|
|||
</p>
|
||||
<ul className="ml-6 list-outside list-disc">
|
||||
<li className="mb-3">
|
||||
Operational Risks: Bugs or vulnerabilities in the deployed Boost
|
||||
Operational Risks: Bugs or vulnerabilities in the deployed Mango
|
||||
program or governance mechanisms could lead to incorrect behavior or
|
||||
loss of funds.
|
||||
</li>
|
||||
|
|
|
@ -299,7 +299,7 @@ table p {
|
|||
}
|
||||
|
||||
#range-slider-gradient .range-slider__range {
|
||||
@apply rounded-full bg-gradient-to-r from-th-success via-th-active to-th-error shadow-[inset_0_2px_0px_rgba(0,0,0,0.15)];
|
||||
@apply rounded-full bg-gradient-to-r from-th-success via-th-warning to-th-error shadow-[inset_0_2px_0px_rgba(0,0,0,0.15)];
|
||||
background-size: 200% 100%;
|
||||
background-position: 50% 0;
|
||||
}
|
||||
|
|
|
@ -29,7 +29,7 @@ module.exports = {
|
|||
border: 'hsl(0, 0%, 33%)',
|
||||
borderDark: 'hsl(0, 0%, 23%)',
|
||||
},
|
||||
link: { DEFAULT: '#889FD3', hover: '#728DC8' },
|
||||
link: { DEFAULT: '#9425A7', hover: '#6B1B79' },
|
||||
error: '#EA6161',
|
||||
success: '#51E44E',
|
||||
warning: '#EAB348',
|
||||
|
@ -52,8 +52,8 @@ module.exports = {
|
|||
dark: '#B57A79',
|
||||
},
|
||||
button: {
|
||||
DEFAULT: '#99ADD9',
|
||||
hover: '#7284AC',
|
||||
DEFAULT: '#47D1FF',
|
||||
hover: '#00BBF9',
|
||||
},
|
||||
input: {
|
||||
bkg: '#352130',
|
||||
|
|
Loading…
Reference in New Issue