@risextrade @risechain Yield Model Analysis 🚀 RISEx does not have a “classic” yieldfrom vaults or staking tokenomics yet. Its model is built on extreme capital efficiency thanks to the synchronous composability of the on-chain orderbook with the rest of DeFi on RISE Chain. There are three clear layers: 1⃣. AutoYield (the core of the model) Coming Soon⭐ This is the flagship feature and the main reason they talk so much about “yield”. How it works: 🔸 The collateral (currently USDC) that is not being used as margin for positions is automatically deployed into low-risk DeFi strategies (mainly lending protocols). 🔸 Nothing needs to be activated → it is automatic by default. 🔸No lock-up: the capital remains 100% available for trading or instant withdrawal. 🔸 When you need margin for an order, it is withdrawn from lending atomically in the same transaction (only the portion that is used; the rest continues generating yield). Why this is only possible on RISEx: Because the orderbook, the margin engine, and the lending protocols all live in the same EVM state. No bridges, no asynchronicity, no trust assumptions. Capital can simultaneously be: 1⃣. Backing positions 2⃣. Generating yield in lending 3⃣. Available for withdrawal On Hyperliquid, GMX, dYdX, etc., margin is dead capital. On RISEx, idle capital works. Example they give: A market maker with $10M in margin and a 20% fill rate → 80% of the capital continuously generates yield. At 8% APR that would be $640k per year from capital that was previously idle. 2⃣. RLP Vault (already exists conceptually) 🏦 This is the protocol’s market-making vault (ERC-4626). 🔸 Deposit USDC → receive RLP shares. 🔸The vault performs professional market making + has first-look on liquidations. 🔸 Returns come from **spreads + liquidations. 🔸 Shares are composable: you can use them as collateral in other protocols, loop them, etc. ⚠️ Risk: the vault shares market-making risk (losses during extreme volatility). 3⃣. Permissionless Portfolio Margin (RIP-2 — Draft) 🔮 The next evolution: 🔸 You can deposit ETH, BTC, LSTs, etc. as collateral. 🔸 USDC is automatically borrowed via Morpho Lite against that collateral. 🔸 That USDC is used as margin for perps. 🔸 The original collateral continues generating yield in the Morpho market in the meantime. In other words: native yield on the collateral + leverage on perps at the same time, with a single unified margin ratio. Strengths 💪 🔸 Real capital efficiency (not marketing). 🔸 Positive flywheel: more trading → more OI → more idle margin → more yield → more capital attracted. 🔸 True composability (not “integrations” via bridges). Weaknesses / Current Risks ⚠️ 🔸 AutoYield is not live yet (the most important piece). 🔸Depends on the quality of the lending strategies they choose (smart contract risk + protocol risk). 🔸 RLP carries market-making risk (can lose money in sharp dumps). 🔸 Until AutoYield launches, the actual yield available today is limited (only RLP + funding rates). This is one of the most ambitious models in the perps space. If they execute AutoYield + Portfolio Margin well, they become the place where capital actually works 24/7 instead of sitting idle. In the meantime, the current yield is more of a “promise of the future” than tangible reality.
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