FAQ

How does it work?

You deposit USDC.e into the lending pool. Your funds, along with an initial 50,000 USDC.e boost, go into HLP, providing a massive boost in APR.

What network is it on?

Arbitrum Network.

What is a performance fee?

10% of the profits from Bonds are collected and distributed to FIRA members. Enjoy!

Is my USDC.e locked?

Your USDC.e is not locked. A max borrowing allocation of 80% is placed to allow for withdraws. The lending pool is also replenished with USDC.e rewards daily. In the event that the 80% cap is met AND 20% of the remaining pool has been withdrawn, we can sell HLP holdings to allow for withdraws should the case arise.

How often can I claim rewards?

USDC.e rewards from HLP will be sent back to the lending pool daily. You can claim them anytime you like.

Will the cap increase?

The cap will remain at 100,000 until the release of v2. However, our borrowing power will increase as more USDC.e rewards are funneled into the pool. Resulting in higher APR.

Is there a risk of liquidation?

There is no risk of liquidation with v1.

Will there be more than HLP in the future?

Of course! v2 will see many more pools and features.

Wen CMC?

Shut up.