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Cephei docs
  • โœŒ๏ธWelcome to Cephei Protocol
  • ๐Ÿ“šCephei Protocol Explained
    • ๐ŸงฌHow It Works
    • ๐Ÿ’กCephei features
    • ๐Ÿ“How can you use Cephei
    • โฌ†๏ธExpanding the Utility of Collateral
  • โš’๏ธCore mechanics
    • โš–๏ธPrice Stability Mechanisms
    • ๐Ÿ›Ž๏ธLiquidation mechanics and insurance
    • โš™๏ธRequirements and Fees
  • ๐ŸƒRoadmap
  • ๐Ÿ’ฅPhase 2
  • ๐Ÿค–Community bot FAQ
  • ๐Ÿ“ฌResources
  • ๐ŸงชBeta test guide
    • How to setup Testnet wallet
    • Connect wallet
    • Where i can get testnet tokens?
    • Open an account
    • Deposit collateral
    • Collateral strategies
    • Take a loan
    • Repay a loan
    • Withdraw collateral
    • Close account
    • Strategies
    • Swap
  • ๐Ÿ“–Glossary
    • Liquidation Ratio (LR)
    • Annual Percentage Yield (APY)
    • Loan-To-Value (LTV)
    • Health Factor (HF)
    • Liquidation Treshhold (LT)
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  • Loans for everyday use
  • Leverage position without risks
  • Earn additional yeald
  1. Cephei Protocol Explained

How can you use Cephei

Loans for everyday use

You can easily take a loan for your everyday needs. For example if you want to buy something and all your money is in crypto, then you dont need to sell your crypto to buy it! Just use your tokens as collateral, take a loan in $cUSD and off-ramp them to fiat, thats it!

Leverage position without risks

You can put your TON as collateral, borrow $cUSD, sells the received $cUSD for TON and again put the received TON as collateral, and so on in a circle, thus obtaining leverage of his long position in TON. Also you can activate loan insurance, so you can sleep without worrying about liquidation!

Earn additional yeald

You can put stTON as collateral, which native yield is 2-4% + some APR from our collateral strategies, for example liquidity providing strategy to storm trade (sum of this APRโ€™s will cover Interest Rate for loan), takes a loan for some amount of $cUSD and further use the new liquidity in his yield strategies, thus getting leverage

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Last updated 7 months ago

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