Mole has already launched on Aptos mainnet

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❤️ Community:

🍀 Website: https://mole.fi/

🍀 Twitter: https://twitter.com/moledefi

🍀 Telegram: https://t.me/moledefi

🍀 Discord: https://discord.com/invite/JfgJzJ8kkK

What is Mole

Mole is a DeFi protocol that provides leveraged yield farming, funds and savings.

https://mole.fi/

As for who is the Mole?

Mole is a bunch of adorable tiny moles. They farm in the expansive and gorgeous forest. As time passes, spring goes and autumn arrives. They plant a lot of seeds and then wait for autumn to arrive. They are sitting on the high haystack. The golden wheat field is full of the joy of harvest.

Decentralized Finance (DeFi) is a large forest that supplies investors with decentralized, open, transparent and secure financial protocols. Mole provides users with safe investment products of different risk levels.

​ ​ Mole will provide you with a quick introduction.

1, Savings and Stakings

Savings provide users with the most stable investment income. Users deposit their token assets to earn two kinds of income. Although savings may not produce the biggest return, it is the most stable and reliable over time. When the bear market is full of heavy rainstorm, you will love this product more and more.

(,,´•ω•)ノ"(´っω•｀。)

Deposit Rewards

Through smart contracts, the Mole protocol lends the deposits of savings vault to "leveraged yield farming" users, provides loans to users to add leveraged positions, and collects loan interest from them, which constitutes the profit source of savings income.

The profit source of savings is very stable. Mole has a strong enough security mechanism to ensure the safety of users' savings. After the leveraged yield farming borrows the loan, it cannot withdraw the loan for other purposes, which ensures the capital safety of deposit users. In addition, the Mole protocol has a powerful liquidation function, which is strong enough to provide a security guarantee.

In addition, Mole's deposit reward is compound interest. Mole believes in long-term value investment and the power of compound interest.

Staking Rewards

In addition to the deposit income, if users stake their savings certificates, which is called mToken. Mole will provide users with additional Mole rewards to help users to obtain a higher rate of return. Happiness comes so suddenly

2, Leveraged Yield Farming

If savings provides users with steady income, then leveraged yield farming provides users with a sharp edge to cut through thorns in bull and bear markets. The leveraged yield farming is like an arsenal, providing all kinds of weapons.

In the face of the bloodbath of investment in the rainstorm, leveraged income farm timely handed you a dragon slaying knife or a heaven reliant sword.

Mole leveraged yield farming is to make full use of savings and leverage to enlarge its investment effect, so as to obtain greater investment income while paying certain loan interest.

Adding leverage is risky, but through carefully designed strategies, we can avoid investment risks well, so as to obtain higher returns in a low-risk state. Mole will explain it for you in the following chapters.

Revenue Source

The income of Mole leveraged yield farming is divided into the following three sources. While helping you automatically harvest these rewards, Mole will also automatically help you make compound investment. They are compound interest:

Yield Farm Rewards

Mole leveraged yield farming will take user's tokens as collateral and borrow the funds in the savings pool as leveraged funds. Then it zaps the tokens in form of trading liquidity pairs(LP) required by the distributed exchange(DEX).

DEX will reward the funds which provide LP, which constitutes the farming reward of Mole farm. For example, in the Dex TraderJoe, it provides Joe tokens reward for liquidity providers.

Some liquidity pools of DEX will provide rewards to users with more than one kind of token, it may be two kinds of rewards. Mole leveraged yield farming will automatically claim the double tokens rewards and help to re-invest them to help users get compound returns.

They are such a group of industrious, brave, kind and lovely little moles. They help you search for investment returns and give back to you.

Trade Fee Rewards

When the hardworking and brave little Mole puts the user's investment on DEX to become a liquidity market maker and obtains the yield farm reward, it can also reap the gain brought by the trading fee reward issued by DEX. The larger the volume of trading in the pool, the more trading fee rewards will be returned to the users.

Mole Rewards

When users invest in leveraged yield farming, the hospitable Mole will also provide you with Mole rewards to improve your revenue.

Borrow Interests

Well, users need to pay a certain amount of loan interest to the savings pool while borrowing from the savings pool to increase leverage and obtain the above-mentioned multiple benefits. The loan interest also constitutes one of the income sources for the savings of other users who lend to you.

As long as the sum of the three incentives is greater than the interest on the loan, it is cost-effective to add leverage.

Farming Strategies

The industrious and brave Mole can always find suitable weapons from the Arsenal when facing various crises lurking in the forest, face them bravely and calmly, and save the day. Just like the investment market, there are hurricane like storms and also colorful aftershocks.

Mole's slogan is: "Hoe is wielded well. All farm can grow up."

The following strategies can be used in Mole leveraged yield farming:

1) Dual Stable Tokens Strategy

In Mole leveraged yield farming, the user's investment tokens are used as the liquidity provider of the Dex to obtain income. Then, when the assets form the two matching tokens required by LP, due to the influence of AMM market making mechanism, if the asset price fluctuates, the LP price will also fluctuate with it.

If you don't like big fluctuations, you just want to collect stable happiness gains. So, the Dual Stable Tokens Strategy is a good choice. The Dual Stable Tokens Strategy, as its name suggests, is two stable tokens make up LP. In this way, no matter how the market bears or how the token price fluctuates, you can always obtain stable income from the yield farming with leverage rate. So happy!

2) No Leveraged Strategy

This strategy is commonly used in other LP liquidity market making protocols. It is not leveraged and does not need to pay loan interest. Since Mole mechanism will automatically help you to make a compound investment, there will be compound rewards. Therefore, Mole unlevered farm income will still be higher than the other LP liquidity income protocols, which are without automatic compound reinvestment.

3) LONG in Bull Market Strategy

In Mole leveraged yield farming, in addition to obtaining rich farm income, it can also rely on DEX's AMM mechanism to obtain the value income brought by the fluctuation of LP tokens. In a bull market, it is a good way to choose your favorite token, open a farm to do LONG positions, add leverage, and enlarge investment income.

Of course, high leverage also means bigger risk. High leverage means that when the fluctuation direction is the same as your investment direction, there will be high returns, but it will also accelerate losses when you go against the trend. You should keep avoid risk and make investments within the scope of risk tolerance.

In addition to the value gains from the fluctuation of token prices under AMM's LP, the Mole LP liquidity rewards are also a good cushion to avoid value fallen down.

4) SHORT in Bear Market Strategy

Contrary to the LONG in Bull Market Strategy mentioned above, if you judge that it is a bear market and use Mole leveraged yield farming to open a short position for the token that is predicted to fall, you will be able to obtain not only rich farm revenue, but also the income brought by the decline in token price.

In the same way, you should keep in remind to control risks well. High leverage will bring rich farm income, and will also aggravate the fluctuation of prices.

5) Balanced and Hedge Risk Strategy

You may want to know, is there a strategy that can cross the bull and bear without fear of market fluctuations? Can it not only avoid the fluctuation of token price, but also obtain rich yield farming income with high leverage?

The answer is yes. As follow two methods:

a) Balanced strategy - Single position

b) Hedge strategy - Double positions

The main principles of these two methods is as following:

Open one or two positions, two matching tokens of LP, one is unstable token and the other is stable token. Let the exposure of unstable token be the same amount for LONG and SHORT respectively. In this way, we can avoid the impact of market fluctuations. At the same time, we can obtain the rich yield farming income brought by high leverage.

The ratio of LP tokens will changes while price changes. It has to be rebalanced to keep the LONG and SHORT exposures the same amount to avoid market fluctuations.

You can manually adjust positions when the market fluctuates, so that the LONG and SHORT positions can achieve roughly the same exposure under price fluctuations.

Fortunately, Mole provides you an automated adjustment method, that is, balanced funds and hedge funds. The clever, hardworking and brave Mole is always so nice.

a) Balanced strategy - Single position<br><br>​
b) Hedge strategy - Double positions<br><br>

6) 1x LONG Exposure Strategy

If you want to enjoy the long-term value return brought by the cryptocurrency price, at the same time get additional farming income. You can use 1x LONG exposure strategy.

Since this strategy will be impacted by the cryptocurrency price, it is recommended to be used in top cryptocurrencies such as BTC and ETH for long-term investment.

There are two kinds of 1x LONG exposure strategy methods:

a) 1x LONG exposure strategy - Single position

b) 1x LONG exposure strategy - Double positions

Here is the brief introduction of this strategy:

Open one or two farming positions, matching tokens of LP, one is unstable token, the other is stable token. Make net exposure of these positions to be 1x unstable token.

Refer to following details:

a) 1x LONG exposure strategy - Single position

b) 1x LONG exposure strategy - Double positions

Mole also provides automatic position rebalance for trend funds and index funds, so that the net exposure remains 1x LONG.

Liquidation

In Mole leveraged yield farming, due to the restrictions of DEX's AMM market making mechanism and the security protection for savings users, if the fluctuation of token price exceeds the liquidation threshold, the leveraged yield farm positions will be liquidated in time. It is a protection for the borrowing assets of savings users. In fact, timely liquidation is essentially a protection for users who open leveraged yield farming positions to prevent further decline in the value of positions under severe market fluctuations.

In a word, Mole leveraged yield farm provides users with a variety of weapon bases suitable for different market conditions, so that you have enough financial tools to explore the dark forest, get out of the haze, and enjoy an enthusiastic sunshine forest. Amazing~

3, Funds

Mole currently offers 4 types of funds:

a) Avoid market fluctuations:

It contains Balanced Funds and Hedge Funds. They have following advantages:

Avoid market fluctuations to earn high and stable invest returns
Automatic positions adjustment, users only need one click purchase, it automatically helps to complete all the operations in the background
There is no risk of being liquidated
Automatic compound interest
Profit and loss is based on fiat currency standard

b) 1x exposure:

It contains Trend Funds and Index Funds. They have following advantages:

Earn not only the long-term value growth of cryptocurrency, but also rich farming rewards.
Automatic positions adjustment, users only need one click purchase, it automatically helps to complete all the operations in the background
There is no risk of being liquidated
Profit and loss is based on cryptocurrency (such as ETH, BTC) standard

Mole funds make all of the related operations automatic. The industrious and brave Mole silently bears all the ascetic life of adjusting positions according to the fluctuations of the market. It gives you a relaxed and pleasant high yield farming income. More importantly, these funds will not have the risk of liquidation. Amazing world!

Balanced Fund

Balanced Fund Tech. Details

Mole will open one position in balanced fund, so that the LONG and SHORT exposure are zero. For example:

Use $100 token as collateral, open ETH-USDC position, and borrow ETH with 2x leverage. At this time, your debt is $100 ETH (2x -1x principal =1x)

Deposit collateral: $100
Debt: $100 ETH
Position: $200 (Holding $100 ETH + $100 USDC, According to AMM LP rules, these two tokens ETH:USDC should be 50%: 50%)

Summary of exposure:

The holding of $100 ETH is equal to debt $100 ETH. Holding is LONG operation, and debt is SHORT operation, so that the exposure of ETH is 0, and you also holding $100 USDC.

The total exposure is $100 USDC + $0 ETH, which means the market fluctuations is almost be 0. You can enjoy the stable farming rewards.

Hedge Fund

Hedge Fund Tech. Details

The essence of Mole hedge fund is to hedge the LONG and SHORT exposures of two positions, so that the LONG and SHORT exposures are zero. For example:

1) Position 1:

Use $100 token as collateral, open ETH-USDC position, and borrow USDC with 3x leverage. At this time, your debt is $200 USDC (3x -1x principal =2x)

Deposit collateral: $100
Debt: $200 USDC (debt is equivalent to SHORT. Here you shorting $200 USDC)
Position: $300 (holding $150 ETH + $150 USDC. According to AMM LP rules, these two tokens ETH:USDC should be 50%: 50%) holding is equivalent to LONG

Summary of exposure:

positions held offset shorting debt, Your position 1 is as following: LONG $150 ETH + SHORT $50 USDC

2) Position 2:

Open the other ETH-USDC position to hedge the ETH exposure of the first position. Since USDC is a stable token, it does not need to pay much attention to its fluctuation, because its price is approximately anchored at $1.

The second position uses $300 as the collateral to open a 3x leveraged position, that is, borrow $600 ETH as the debt.

Deposit: $300
Debt: $600 ETH (that is $600 ETH SHORT)
Position: $900 (that is $450 ETH + $450 USDC holding LONG)

Summary of exposure:

positions held offset shorting debt. Your position 2 is as following: SHORT $150 ETH + LONG $450 USDC

3) Position 1 + Position 2:

A magic happened. The risk exposure of the first position and the second position was neutralized. LONG position of $150 ETH offset the SHORT position of $150 ETH, so the risk exposure of ETH was 0. Similarly, also it has LONG position of $400 USDC. Since USDC is a stable token with stable value, its fluctuation can be ignored. The key ETH fluctuates has been hedged since the ETH risk exposure is 0 through the operations of two positions.

Through the precise operations of these two positions, you can not only hedge the risk of market fluctuations, but also obtain high yield farm income at leveraged rate. Awesome!

Trend Fund

Trend Fund Tech. Details

Trend fund will open one position, and make the net exposure to be 1x LONG position. For example:

Use $100 token as collateral, open ETH-USDC position, and borrow USDC with 2x leverage. At this time, your debt is $100 USDC (2x -1x principal =1x)

Deposit collateral: $100
Debt: $100 USDC (holding $100 ETH + $100 USDC, According to AMM LP rules, these two tokens USDC:ETH should be 50%:50%). holding is equivalent to LONG.
Net exposure: $100 ETH

You will find that the fund value will change by market fluctuate. And you will get farming rewards at the same time.

Index Fund

Mole interest bearing index fund tracks the price fluctuation of cryptocurrency. It earns rich income rewards at the same time. It aims to provide long-term income with additional profits for loyal fans of cryptocurrency such as BTC and ETH.

Index Fund Tech. Details

The essence of Mole index fund is to aggregate exposures of two farming positions, so that the net exposure is 1x LONG cryptocurrency. For example:

1) Position 1:

Use $100 token as collateral, open ETH-USDC position, and borrow ETH with 3x leverage. At this time, your debt is $200 ETH (3x -1x principal =2x)

Deposit collateral: $100
Debt: $200 ETH (debt is equivalent to SHORT. Here you shorting $200 ETH)
Position: $300 (holding $150 ETH + $150 USDC. According to AMM LP rules, these two tokens ETH:USDC should be 50%: 50%) holding is equivalent to LONG.

Summary of exposure:

Positions held offset shorting debt, Your position 1 is as following: SHORT $50 ETH + LONG $150 USDC.

2) Position 2:

Open the other ETH-USDC position.

The second position uses $300 as the collateral to open a 3x leveraged position, that is, borrow $600 USDC as the debt.

Deposit: $300
Debt: $600 USDC (that is $600 USDC SHORT)
Position: $900 (that is $450 ETH + $450 USDC holding LONG)

Summary of exposure:

Positions held offset shorting debt. Your position 2 is as following: LONG $450 ETH + SHORT $150 USDC

3) Position 1 + Position 2:

The net exposure is: LONG $400 ETH. It is just the same as the initial collateral $400.

Through interest bearing index fund, you can earn not only the long-term value growth of cryptocurrency, but also rich farming rewards. When the market fluctuates, cryptocurrency price goes up and down, Mole will help you rebalance the two positions so that they can stay in 1x LONG exposure.

Warning

If you are confident in top cryptocurrency, and firmly believe the price of top cryptocurrency will rise in the future, then trend fund and index fund are good choices for you. It not only brings returns from the rise of price, but also provides farming income.

If you are not optimistic about the future of top cryptocurrency, please be careful with trend fund and index fund, because they will be impacted by the cryptocurrency price.

Trend fund and index fund are much better than simply hold the cryptocurrency, because they have extra farming rewards, which will compensate loss in case of price going down.

4, Roadmap