Chainlink Home Projects Link Total Return Swap

Link Total Return Swap

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A Defi platform which enables Chainlink Node Operators to hedge against LINK price volatility. The Total Return Swap contract used is customisable allowing counterparties to trade on their own terms.
General Submission
Ready for launch
Makers
Patrick McNab and Raymond Mogg
Tags
ReactJS
Smart Contracts
Solidity
ethereum

In order to become a performant node operator on the Chainlink network, one must either own or have access to the LINK token. For high value contracts, large amounts of collateral in LINK may be required. During a service agreement where a node operator must put down collateral, their LINK is fully exposed to market fluctuations and they do not have the ability to withdraw their LINK. Once the service agreement is complete, an operator’s asset may have dramatically depreciated in value, disincentivizing future node operation. By using the Total Return Swap a Chainlink node operator can hedge their exposure to the price fluctuations of LINK by selling their risk to a counterparty who wants leveraged synthetic exposure to LINK, for an interest rate fee. By using the Total Return Swap a Chainlink node operator can hedge their exposure to the price fluctuations of LINK by selling their risk to a counterparty, who wants leveraged synthetic exposure to LINK, for an interest rate fee.

Comments (6)
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Алексей Радчук · posted almost 3 years ago

Ok

hasan hüseyin pehlivan · posted over 3 years ago

ı like it

Muhammet Pehlivan · posted over 3 years ago

good job!!

Patrick McNab
Maker
· posted about 5 years ago

@Roman - Seems to be working for me, you may need to to install or refresh Metamask. Try not using Brave browser as well if you are, we seemed to experience some weird issues with it.

Roman Kaufman-Mikhalev · posted about 5 years ago

Oops, website doesn't work ;(

Raymond Mogg
Maker
· posted about 5 years ago

If you would like to learn more about our motivation behind the project and total return swaps themselves, our litepaper goes into a bit more detail - https://github.com/securedatalinks/LinkTRS/blob/master/LINK%20TRS%20LitePaper.pdf