Earn Profits on Your Idle Crypto Assets with Archimedes

Why Do People Borrow Crypto Against Collaterals?

Imagine getting a loan at a significantly low rate without going through the cumbersome processes of signing documents, pledging your valuable assets, or paying overhead fees including higher interest rates than the loan amount. Sounds great, right?

  • It is more accessible and flexible
  • Users can access liquidity without enacting a taxable event
  • Greater transparency
  • Easy repayments
  • And Eureka! Opportunities to earn more.

How do Borrowers Earn Up to 10x Leverage with Archimedes?

Archimedes wants to make DeFi lending and borrowing as convenient as possible. Additionally, the process of leverage taking through Archimedes will be fast, efficient, effortless, and transparent. We will be launching soon with leverage positions on OUSD, planning to expand to other yield bearing assets over time.

  • Set and forget: No need to manage the position. No manual compounding or switching positions.
  • Tradability: We package the position with an NFT, so users can trade it without unwinding it. Since leverage allocation is limited, some investors might pay a premium for these NFTs.
  • Predictable fee model: Leverage takers pay all their fees upfront. No need to keep track of variable interest payments.
  • No liquidation mechanism: As simple as that — we do not have a liquidation mechanism, pursuing a sustainable rather than predatory model for our users.

Closing

Archimedes is planning to launch soon to allow users access to both opportunities we plan to provide: lending and borrowing.

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