Project Inverse Overview
Project Inverse is a counter-volatility DeFi protocol that allows users to benefit from the downward and upward moves in the crypto market.
INVERSE, a non-custodial, counter-volatility, DeFi protocol that allows users to earn significant yield from the downward moves of select assets. INVERSE is powered by the XIV token, a free-floating, inverse-yielding, ERC-20 token.
INVERSE uses Binance Smart Chain enabled smart-contracts that allows users to gain yield, within a short duration of time, from the drop in value of select DeFi coins. Users stake XIV, the platform’s native token within ‘Tracking Vaults’ that follow the real-time price movements of select DeFi coins (i.e. Uni, Aave, YFI, Comp). After 24hrs, 3 days, or 7 days, if the value of the DeFi asset being tracked has dropped by a certain percentage, the user will gain a yield on the amount of XIV held within the tracking vault. Rewards are disbursed in XIV tokens, and are in the order of 1x, 2x, and 3x the amount of XIV staked in the tracking vaults.
Inverse-staking is the process whereby users may stake XIV on the INVERSE platform against the downward volatility of select assets or a broader index for 1, 3, or 7 days. The greater the drop in value of these assets, the larger the rewards gained by the user.
In-Line Staking is the process whereby users may stake XIV ‘In-Line’ with the upward volatility of select assets or a broader index for 1, 3, or 7 days. The greater the rise in value of these assets, the larger the rewards gained by the user. Users may stake XIV in either Fixed Vaults or Flexible Vaults.
