FAQ

What is ELPP?

ELPP (Electra Liquidity Provider Pool) is a tokenized vault where users provide liquidity for the protocol's broker to conduct trading operations. When you deposit assets, you receive ELPP tokens representing your share of the pool. Profits and losses from trading are automatically distributed through changes in token value.

How is ELPP different from other DeFi pools?

ELPP uses a broker-integrated model with actively managed trading strategies, avoids impermanent loss by using a single-asset model, implements an epoch-based withdrawal system for stability, and distributes profits through token value appreciation rather than yield farming. Additionally, ELPP includes a restaking mechanism that puts idle funds to work in external lending platforms, generating extra returns and boosting rewards for liquidity providers.

How are profits distributed?

Profits are distributed automatically through increases in ELPP token value. When the broker generates profits, these are added to the pool, increasing the total assets while the token supply remains constant. This makes each token worth more, distributing profits proportionally. What is restaking in Electra?

Restaking in ELPP is a system that puts idle funds to work by moving them into an external lending platform, where they earn additional returns over time. This helps boost rewards for liquidity providers without affecting trading operations. Electra automatically manages the movement of funds between networks and the lending platform to keep everything running efficiently and profitably.

What happens if there are trading losses?

Losses are reflected in reduced ELPP token value, distributed proportionally among all holders. The protocol employs risk management strategies to minimize losses, but negative returns are possible during adverse market conditions.

How do I deposit funds?

Connect your wallet to the Electra Protocol interface, go to the "ELPP" section, select "Deposit," choose your asset USDT, enter the amount, and confirm the transaction. You'll receive ELPP tokens representing your share.

How do I withdraw from ELPP?

Go to "ELPP" > "Withdraw," create a withdrawal request for your desired amount of ELPP tokens. Withdrawals typically take between 3 to 9 days, depending on protocol conditions. Wait until your assigned epoch arrives, then return to execute your withdrawal.

Why can't I withdraw immediately?

ELPP uses an epoch-based withdrawal system to protect stability during market volatility and prevent sudden mass withdrawals that could force unfavorable liquidations. The timelock period varies based on the protocol's financial health.

What is an epoch?

An epoch is a fixed time period (typically 3 days) used for the withdrawal mechanism. Each epoch has specific start and end times, withdrawal requests are assigned to future epochs based on current timelock, and withdrawals can only be executed during their assigned epoch.

What if I miss my withdrawal period?

If you don't execute your withdrawal during your assigned epoch, the request expires, and you'll need to create a new request for withdrawal.