🐋For Lenders

Get Fixed-Yield and Principal-Protection via Protocol Debt

Value Propositions

Fixed-Yield

Enjoy the certainty of fixed-yield via Copra vault, instead of the uncertainty of floating-performance-based yield when depositing directly into underlying pools.

Principal-protected

Lending via Copra vault is principal-protected via insurance buffer that is posted upfront by insurers. This insurance buffer covers against risks such as drawdown risks and liquidity risks. This reduces the need of having to heavily assess and manage the risk of underlying pools, providing comfort and convenience to lenders.

Fully Secured On-Chain

Unlike un(der)collateralized lending where lender funds is moved off-chain, funds lent to Copra vaults is fully secured on-chain. Copra vault contracts are only integrated with the whitelisted underlying pools, hence can only deploy funds to those pool contracts.

Liquidation Monitoring

Certain thresholds related to NAV (net asset value) are monitored in real-time. Breach on any of those thresholds will trigger liquidation mechanism, which is withdrawal of funds from all underlying whitelisted pools back to the vault contract in order to protect lenders from any loss.