Links

Insured Perps LP

Walkthrough
  1. 1.
    Head over to the Dopex application: https://app.dopex.io/​
  2. 2.
    Make sure you are connected to the Arbitrum network. Connect by selecting the Arbitrum network from Change Network option next to your wallet button
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  1. 3.
    Once connected, you can see all Dopex offerings in the top Menu ranging from Portfolio to Trade
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  1. 4.
    Head on over to the Insured Preps LP page by clicking on the Trade menu and then Insured Preps LP from the sub-menu
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  1. 5.
    You are now on the Dopex Insured Preps LP page. Here you will find all Dopex Insured Preps Pools. Click on the pool of your choice.
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  1. 6.
    You are now on the Liquidity Pool page.
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  1. 7.
    Let’s take a look at the information displayed.
  • Epoch: To see which epoch you are currently on. Use this list to navigate to old epochs.
  • Strategy: Shows where your deposit will be utilized.
  • Funding Rate: 0.005% / Hour
  • APR: Rewards for depositors
  • Epoch Length: Duration in which epoch ends
  • Utilization: Amount of deposits that have been brought by strategy buyers
  • Premiums: Total premium generated by Purchases for Depositors
  1. 8.
    Let’s take a look at the sections displayed
  • Liquidity: List the strikes with Active and Available amounts in USDC
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  • Deposits: Shows information on all your deposits with details like Strike, amount, APY, etc
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Deposit for Insured Preps LP

  1. 1.
    Make sure your wallet is connected and the Arbitrum network is selected
  2. 2.
    On the right side of the Straddles page, you will see a section to perform Deposit
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  1. 3.
    Enter the amount of USDC you want to deposit
  2. 4.
    Enter the Max Strike. Pay attention to the Tick size as well while selecting Strike. While depositing you can choose your max strike to deposit. The max strike price should be lower than the current spot price, and the modulo of strike by tick size should be 0.
  3. 5.
    Turn Rollover on if you want your deposit to be carried forward to the next epoch to continue providing liquidity. Turn it off if you do not want your deposits carried forward.
  4. 6.
    Hit the Deposit button and Accept the transaction in your wallet. If you are depositing for the first time - you will be asked to approve the token before making the deposit. Both Approve and Deposit actions need gas for the transaction.
  5. 7.
    After the transaction, you can see your deposits in the Deposits section.