Differences

This shows you the differences between two versions of the page.

--- east.finance [2023/12/27 01:24] – [Issuing $EAST] admin
+++ east.finance [2023/12/28 00:44] (current) – admin
@@ Line 1: / Line 1: @@
-{{:waves-lend-east.png?400 |}}**[[https://east.finance|east.finance]] is a lending platform**, where you can borrow the algoritmic stable coin $EAST. The east.finance platform is based on SafeFi principles — it’s the new concept, which solves the problems of traditional DeFi, such as opaque, shady profit models, insecurity and inaccessibility of collaterals.
+{{page>supportwaveslease}}{{:waves-lend-east.png?400 |}}**[[https://east.finance|east.finance]] is a lending platform, where you can borrow the algoritmic stable coin $EAST**. The east.finance platform is based on SafeFi principles — it’s the new concept, which solves the problems of traditional DeFi, such as opaque, shady profit models, insecurity and inaccessibility of collaterals: a substantial collateral ratio is required to issue $EAST, which varies based on the chosen collateral ($BTC, $ETH, $WAVES or $WEST) and guarantees an initial overcollateralization. Furthermore, transparent stability fee and vault liquidation mechanisms are employed to maintain the stability of EAST. Further details on these mechanisms can be found in the [[https://east.finance/whitepaper|white paper]].
-\\
+===== Earning with $EAST =====
-===== $EAST Stability =====
-Typically, a substantial collateral ratio is required to issue $EAST, which varies based on the chosen collateral ($BTC, $ETH, $WAVES or $WEST) and guarantees an initial overcollateralization. Furthermore, transparent stability fee and vault liquidation mechanisms are employed to maintain the stability of EAST. Further details on these mechanisms can be found in the [[https://east.finance/whitepaper|white paper]].
-===== Earning with $EAST =====
 The east.finance platform offers a range of potential strategies for earning, including:
@@ Line 18: / Line 14: @@
 ===== Issuing $EAST =====
-After connecting to the [[https://client.east.finance|dapp]]:
+After connecting to the [[https://client.east.finance|dapp]]
   - You issue $EAST by providing a collateral: $WAVES, $BTC, $ETH or $WEST
   - A vault (borrow position) is created immediately with a certain Backing Ratio (BR) and Liquidation Ratio (LR). You can supply more collateral to increase your BR or you can remove some extra-collateral (but so reducing your BR)
-  - You can use the minted $EAST to apply the above suggested strategies or you can stake your $EAST for passive income. If you stake EAST you will receive also $ORIENT that you can stack as well.
+  - You can use the minted $EAST to apply the above suggested strategies or you can stake your $EAST for passive income (70% of staking fees).
+  - By having an active $EAST positions you will receive $ORIENT tokens on a regular basis. You can stack $ORIENT tokens as well and receive 30% of staking fees.
 Website: https://east.finance/\\
 Dapp: https://client.east.finance/\\
+Telegram: https://t.me/east_chat\\
+FAQ: https://east.finance/faq
 ===== $EAST Token =====