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🔮https://teletype.in/@testnet_guide/Y2KFinance_TestNet🔮
What is EARTHQUAKE?
Earthquake is our flagship structured product that allows users to hedge, speculate and underwrite the volatility risk associated with various pegged assets. Users can take on these positions by depositing $ETH in fully collateralized insurance vaults that leverage a variant of the ERC 4626 token standard. In order to “buy” insurance and therefore receive a payout in the event that the underlying asset depegs users deposit ETH into the “Premium vault”. Conversely in order to “sell” insurance users deposit ETH into the “Collateral vault” earning yield and collect the premium from users that seek coverage.
If something does not work, please contact our chat✌🏻😉
Discord: https://discord.gg/MHTWemZUSd
#Testnet #Airdrop #Y2KFinance