🔼Multiply

If you understood Long and Short, you will have no trouble understanding Multiply. Multiplies are curated Long and Short strategies with higher Loan to Value, Liquidation Thresholds and smart asset combinations for maximum efficiency and minimum risk. Powered by E-Mode 💥

Multiply strategies are ways to borrow and lend your tokens in smart combinations so that you can:

• Maximize rewards (staking, fees, etc.)

• Minimize risk (price swings, bad debt)

• Stay efficient in volatile or expensive markets

We’ll break them down one by one, but first:

Key Terms

• Token: A basic crypto asset (like EGLD).

• xToken: A version of a token that earns rewards automatically (like XEGLD = staked EGLD).

• LP Token: A token you get for providing liquidity on an exchange. It earns trading fees.

• APY: Annual % Yield. How much you're earning or paying over time.

• Collateral: What you deposit to borrow something else.

Strategy Overview

Strategy	Collateral	Debt	Complexity	Risk	Best For
Liquid Boost	xToken	Base token	⭐ Easy	Low	Staking yield leverage
Smart Collateral	LP token	Base token	⭐⭐ Medium	Medium	LP fee earners
Smart Debt	xToken	LP token	⭐⭐⭐ Hard	Medium	Rate arbitrage
Smart Debt Classic	Base token	LP token	⭐⭐⭐ Hard	Medium	Incentive programs

Related Topics

• Leverage Trading - Directional price exposure

• Lend and Borrow - Core lending mechanics

• E-Mode - Efficient collateral mode

• Understanding Risk Factor - Health factor explained