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Smilee Finance Documentation
  • Smilee Overview
  • Past & Present
    • Smilee v0
    • Smilee v1
    • Smilee v1.69 (current)
  • IMPERMANENT GAIN
    • What are Options?
    • Impermanent Loss & Options
    • Understanding Delta Hedging
    • 📈Trade
      • User Guide
      • Bull, Bear, Smile
      • Initial Price, Breakeven, Expiry
      • Impermanent Gain Pricing
      • Impermanent Gain vs. Vanilla Options
    • 💰Earn
      • User Guide
      • Payoff, APY & Performance
      • Volatility vs Volume
  • Protocol Design
    • Overview
    • DVPs
    • Vaults
    • Liquidity-to-Volatility Engine
    • Synthetic AMM
    • Delta Hedging
    • Maturities & Epochs
    • Fees
    • Oracles & Risks
    • Decentralization Roadmap
  • RESOURCES
    • Smilee FAQs
    • Smart Contracts
    • Media Kit
    • Audits
    • Bug Bounties
  • Developer Documentation
    • Introduction
    • How to Execute a Trade
    • Retrieving DVP Data
    • Read Value of an IG Position
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  • Impermanent Gain
  • Trade
  • Earn

Smilee Overview

Smilee is a decentralized leverage protocol. Our novel Liquidity-to-Volatility-Engine (LTVE) empowers us to build a wide array of Decentralized-Volatility-Products (DVPs).

Smilee's current DVPs is:

Impermanent Gain

Unparalleled asymmetric leverage, robust yield, and composability at the portfolio level. Impermanent Gain is the first derivative that decomposes DEX-style liquidity positions to isolate Impermanent Loss risk and transform it into tradeable options.

Trade

Long, short, delta-neutral with up to 10,000x leverage & no liquidations.

📈Trade

Earn

Generate a robust yield paid in stablecoins by transforming LPs into Options sellers, properly compensating for their exposure to volatility.

💰Earn
NextPast & Present

Last updated 5 months ago

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