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lev-stake-sol
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tjs 2023-09-29 20:23:32 -04:00
parent 26dc311456
commit edfc08973b
1 changed files with 133 additions and 10 deletions
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143
components/faqs/FaqsPage.tsx
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@ -2,26 +2,149 @@ import { Disclosure } from '@headlessui/react'
import { ChevronDownIcon } from '@heroicons/react/20/solid'
const FAQS = [
{ question: 'How does Boost! work?', answer: 'Answer' },
{ question: 'How does unboosting work?', answer: 'Answer' },
{ question: 'What are the risks?', answer: 'Answer' },
{ question: 'Where does the yield come from?', answer: 'Answer' },
{
question: 'How does unboosting work?',
answer:
'Unboosting your position involves selling some of your stake deposits to repay any SOL borrowings. Once SOL debts are settled, you can retrieve your staked holdings. Be mindful that potential losses might occur due to factors like price changes, slippage, and transaction fees.',
},
{
question: 'Why is the max leverage different between tokens?',
answer: 'Answer',
answer:
'The max leverage changes based on the asset and liability weights of the staked token which are determined by the Mango smart contract.',
},
{
question: 'Is the contract audited?',
answer:
'The underlying mango smart contract is audited by OtterSec https://osec.io/',
},
{ question: 'Will there be more tokens added?', answer: 'Answer' },
{ question: 'Why is my Ledger not working with Boost!?', answer: 'Answer' },
{ question: 'Is the contract audited?', answer: 'Answer' },
{ question: 'Who made Boost!?', answer: 'Answer' },
]
const FaqsPage = () => {
return (
<div className="rounded-2xl border-2 border-th-fgd-1 bg-th-bkg-1 p-6">
<h1 className="mb-1">FAQs</h1>
<p className="mb-4">Need more info? Reach out to us on ...</p>
<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&apos;s borrowing/lending
program via Boost!.
</li>
<li>
Boost! then leverages the deposited jitoSOL to borrow SOL,
based on the user&apos;s desired leverage ratio on Mango.
</li>
<li>
This process effectively increases the user&apos;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&apos;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&apos;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 (