Archimedes: an Analysis of Protocol Risks and Mitigation

  • Lending risks, which are here discussed as financial risks for our liquidity providers

Borrower risks

Leverage Takers borrow from our curve pools to create leveraged positions on appreciating stablecoins (like OUSD). Archimedes wraps each leveraged position with an NFT.

Lender risks

Liquidity Providers provide assets to Archimedes 3CRV/lvUSD pools and receive interest. The protocol pays interest in different assets, such as ARCH tokens and stablecoins. Most Curve pools depend on temporary bribes and uncertain gauge allocations for APY. But, Archimedes ARCH rewards have innate utility and a fixed supply.

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