# Overview

https\://izumi.finance/home

<figure><img src="/files/ipNzrcNUv2qUUP0Ie6uG" alt=""><figcaption></figcaption></figure>

iZUMi Finance is a multi-chain DeFi protocol providing One-Stop Liquidity as a Service (LaaS). Its philosophy is that every token deserves better on-chain liquidity in an efficient and lasting way. As our name “iZUMi” in Japanese signifies, our ultimate goal is to help every partner and token to enjoy on-chain liquidity like spring water, continuous and long-lasting for centuries.

iZUMi has debuted LiquidBox, iZiSwap, and iUSD three on-chain liquidity products. LiquidBox provides Programmable Liquidity as a Service (LaaS) firstly on Ethereum with Uniswap V3. With the deployment of Uniswap V3 in other Ethereum Layer 2 ecosystems, LiquidBox was also successfully deployed on Arbitrum & Polygon. iZUMi Finance then launched iZiswap on BNB Chain with the innovative Discretized-Liquidity-AMM(DL-AMM) model, which was upgraded from Uniswap V3's concentrated liquidity model to implement an AMM mechanism that supports discrete liquidity on every price tick, providing DEX users with a CEX-like trading experience to place limit orders in a non-custodial orderbook way. iZUMi has also successfully issued iZUMi Bond USD (iUSD) and iZUMi Bond, and supported Bond Farming which brings stable fixed income to on-chain investors, providing a high yield level fixed income investment product for users and combining with the TradFi product model of convertible bonds to provide iZUMi Bond investors the Option which can convert to iZi token.

iZUMi will continue to expand the multi-chain ecology and eventually support cross-chain liquidity trading mechanisms, bring systematic liquidity service to the multi-chain ecosystem, and eventually become a one-stop liquidity service platform with super high capital efficiency in the DeFi industry.

## LiquidBox

iZUMi’s LiquidBox enhances incentive efficiency, enabling protocols to distribute incentive rewards in certain price ranges. LiquidBox will help liquidity providers earn additional liquidity mining rewards provided by related protocols as well as DEX trading fees. On the other side, LiquidBox solves “pool 2 dilemmas” problems by providing structured-incentive and auto-rebased modules, which could attract more liquidity with a low emission rate for protocols while enabling non-impermanent loss liquidity mining for liquidity providers. This innovative Liquidity Mining mechanism helps protocols attract liquidity in an efficient and lasting way.

(Pool 2 dilemma - high APR liquidity mining incentives in pool 2 usually brings high inflation rate and dump pressure)

<https://docs.izumi.finance/product/liquidbox>

## iZiSwap

iZiSwap is an innovative Discretized-Liquidity-AMM that provides efficient on-chain liquidity for Web3 assets and a CEX-like order book trading experience for DEX users. Based on the DLAMM mechanism, **it could provide 5000x more capital efficiency than traditional x\*y=k DEX.**

<https://docs.izumi.finance/product/iziswap>

## Liquidity as a Service (LaaS) Roadmap

1\. *LaaS on Uniswap V3: **LiquidBox*****(Ethereum✅, Arbitrum✅, Polygon✅)**&#x20;

The iZUMi Finance LiquidBox provides programmable liquidity mining (LM) tools with Uniswap v3 LP NFT, which enable protocols to provide incentives precisely and efficiently in certain price ranges, and can optimize liquidity distribution and encourage users to stake Uniswap V3 LP tokens to earn extra rewards.

2\. Discretized liquidity AMM on multi-chains: **iZiSwap(BNB Chain✅)**&#x20;

Extend concentrated liquidity services like Uniswap V3 to multi-chains. Limit orders will be supported with iZiSwap, and it will be compatible with orderbook and Uniswap V3 which enhance capital efficiency for multi-chains.

3\. Structured liquidity service with professional market makers: **Bond Farming**

Bond Farming is a structured method of liquidity mining, providing risk-free earnings to bondholders. By guaranteeing the principal and interests paid to the investors, Bond Farming has set a paradigm shift in liquidity mining. The revenue generated by Bond Farming will first be used to repay the investors and then reward market makers.

## **Follow iZUMi Finance Official Channels:**

a. **Website:** <https://izumi.finance/home>

b. **Github：**<https://github.com/IzumiFinance/>

c. **Twitter**：<https://twitter.com/izumi_Finance>&#x20;

d. **Telegram**：(EN)<https://t.me/izumifinance>; (CN)<https://t.me/iZUMi_Finance_CN>

e. **Discord**：[https://discord.gg/izumi-finance](<https://discord.gg/izumi-finance&#xA;>)

f. **Medium**：<https://izumi-finance.medium.com/>

g. **YouTube**: <https://www.youtube.com/channel/UCjWRVx6MNnQi8R\\_6IPtmZqg>


# iZiSwap

https\://izumi.finance/trade/swap

Initially launched on BNB Chain, iZiSwap is an innovative Discretized-Liquidity-AMM that provides efficient on-chain liquidity for Web3 assets, it could have more than 5000x capital efficiency than traditional x\*y=k DEX.

### **DL-AMM**

<div align="center"><img src="/files/aJfGytK2jqXAwuSPzExD" alt=""></div>

The DL-AMM algorithm uses a new discrete concentrated liquidity algorithm with concentrated liquidity market-making characteristics similar to Uniswap V3, but enables liquidity to be precisely distributed on any fixed prices rather than a price range. This allows iZiSwap to be more manageable in terms of liquidity and to support more trading methods, such as **limit order.**

![](https://lh5.googleusercontent.com/qHwzAz2neiYW407ifLkM5X5vZHwI1jq3lVKCCqssjbkSGiCy0fisEWgzOt_fNhRHPTV5NlW9u4ODVEy6lEvnj8qPONB6sDAMD-Xu47Q7R7G0dgal6cGybqK-6-JYsQwRQkhQ-Q3-rdVHs99HWQ)

### **iZiSwap Guide**

[**https://docs.izumi.finance/tutorial/how-to-use-iziswap**](https://docs.izumi.finance/tutorial/how-to-use-iziswap)


# iZiSwap V2 model

iZiSwap V2 is an automated liquidity protocol powered by a constant product formula, implemented through a system of non-upgradeable smart contracts on the blockchain. It eliminates the need for trusted intermediaries, emphasizing decentralization, censorship resistance, and security.

Any user can become a liquidity provider (LP) for a pool by depositing an equivalent value of each underlying token. In return, they receive pool tokens representing their share of the total pool reserves, which can be redeemed for the underlying assets at any time.

iZiSwap V2 has been deployed on Base, Linea, Scroll, and Mantle now, and will be extended to more chains in future.

AMM model

In the AMM model, pairs within the pool serve as automated market makers. They facilitate token swaps based on the "constant product" formula, x \* y = k, ensuring that the product (k) of a pair’s reserve balances (x and y) remains unchanged through trades. This invariant property ensures that larger trades, relative to reserves, execute at exponentially worse rates than smaller ones.<br>

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcu1x2tOlFK39eQfzRcCgAUKyMRJ8yNH4Da9K2NY_Nmq66Qok0HooDBwTkZG62IU63Slqp2jfMt8rhy_4HiDJ12JuZOGr_uX6egvvG8NCaR_w_-dgu03fmc-EQuMchzZYsE4ETL_m0pl5pPk_v0Xx2QCQOv?key=dpBSFQAKDKljF1w2k807og" alt=""><figcaption></figcaption></figure>

<br>


# Trading Interface

iZiSwap Integrates TradingView to Elevate the Trading Experience

iZiSwap has submitted an application to integrate with TradingView. This planned upgrade is designed to give our users access to professional charting tools, with the goal of improving market analysis and the overall trading experience.

#### What This Means for You: <a href="#ef86" id="ef86"></a>

With TradingView now natively embedded in our trading interface, you can leverage a suite of advanced features without ever leaving our platform:

· Leverage TradingView’s professional charts: Complete with drawing tools and over 100 indicators, to perform in-depth analysis of trends for pairs like [BTC/USDT](https://www.tradingview.com/symbols/BTCUSDT/) and [ETH/USD](https://www.tradingview.com/symbols/ETHUSD/), enabling you to interpret market dynamics and execute more strategic trading plans.

· Streamlined Trading Workflow: Say goodbye to switching between tabs and platforms. Now, you can analyze the markets and execute trades directly on our DEX from the same screen, making your trading process faster and more efficient.

· Enhanced Market Insight: Make more informed decisions with access to comprehensive market data and social sentiment from the TradingView community.

· User-Friendly Interface: Whether you are a seasoned trader or just getting started, TradingView’s intuitive and powerful interface makes it easy to spot trends and identify potential trading opportunities.

By integrating with TradingView, iZiSwap will unlock a powerful, user-centric, and professional trading experience for on-chain traders.

[<br>](https://medium.com/@izumi-finance?source=post_page---post_author_info--c30096ff2f6d---------------------------------------)


# LiquidBox

https\://izumi.finance/farm

## **What is LiquidBox?**&#x20;

iZUMi Finance proposed and implemented a liquidity mining scheme named "LiquidBox", based on DL-AMM LP NFTs & Uniswap V3 LP NFTs (where Uniswap is available). Unlike the traditional V2 fungible LP tokens that are directly staked for mining, when designing the liquidity mining incentive plan in LiquidBox, the protocol can clearly set the value range of the incentivized LP tokens.

And after users stake V3 LP tokens to izumi protocol, izumi's LiquidBox will automatically determine whether the value range of the LP tokens is within the liquidity incentive value range set by the project owner. If it is within the range, the LiquidBox will issue a liquidity mining token reward for the liquidity provider based on the incentive program.

![](/files/q9QCEUMMJyJQPG4hPm7t)

## What is Uniswap V3 NFT?

Compared with Uniswap V2 only allowing LPs to provide liquidity in the full price range from 0 to infinity, Uniswap V3 allows LPs to be within a certain price range. LPs receive NFTs (Non-Fungible Token) after adding liquidity, and due to the non-fungible nature of the positions, fee earnings are stored separately and held as tokens in which the fees are paid.


# Liquidity Incentive Models

Project parties can set up pairs and liquidity pools based on iZiSwap DL-AMM or Uniswap V3 to attract liquidity more efficiently by offering rewards in a limited range and different rewards in different price ranges.

iZUMi Finance provides a wide range of liquidity options to meet the needs of project parties.

### **Model 1: "Concentrated liquidity mining model" with fixed reward price range for stablecoin and pegged-asset**

izumi LiquidBox is able to distribute liquidity mining incentive tokens in certain price ranges, e.g., \[0.95,1.05], to keep the price stable for stablecoin or pegged-assets.

Each block in the (0.95p,1.05p) price range earns 10 tokens from the stablecoin and pegged-asset issuer. izumi evaluates the total effective liquidity in the (0.95p,1.05p) price range and assigns incentive linearly according to the proportion held by each LP. The incentives attract liquidity to this price range, that achieves minimum slippage.

![](https://lh4.googleusercontent.com/XvhU0lCq3YboluYhRO8GZsem-_FPEV6jsH7Ryv1400e-UBZphTXJFKeXIWiWMPnz0fAl0O8im8vPGnoDff8F0F_Yfe0WqL0OkSzRlad71VABUrLXMlgUUYOGhoY5nw)

*Note: If the LP provides liquidity in a price range that is over-covering (0.95p,1.05p), only the liquidity within (0.95p,1.05p) is calculated as the weight of the incentive allocation; if the NFT price range offered by the LP is inside (0.95p,1.05p), such as (0.98p,1.02p), weight penalty factor is applied.*

Analysis: When compared to the xy=k model, the 0.95-1.05 interval is over 50 times more capital efficient, requiring only one-fifth of the TVL and incentives for the same slippage.

#### For User tutorial:

For details information and analysis: [**click here**](https://izumi-finance.medium.com/model-1-concentrated-liquidity-mining-model-with-a-fixed-reward-price-range-for-stablecoin-and-b6472f87f93d)&#x20;

### **Model 2: "One-sided non-impermanent loss mining model" for non-stable tokens in the full price range**

iZUMi LiquidBox allows liquidity mining incentive token in current price range to compensate for the impermanent loss caused by price change within corresponding time interval.

Similar to the traditional xy=k model, the LP also puts half value of the USDC and half value of the project tokens into the iZUMi LiquidBox to start liquidity mining with one click.

However, in order to avoid the "Pool 2 dilemma" caused by the traditional xy=k model (i.e. LP puts all USDCs as potential buy orders and project tokens as potential sell orders into the liquidity pool of the trading pair, causing LPs to passively sell their project tokens and suffer from impermanent losses when the price goes up. It also increases passive selling pressure on the project side, preventing price increase and creating a "lose-lose" situation.&#x20;

iZUMi LiquidBox innovated the "one-sided non-impermanent loss" model based on Uniswap V3, which puts the LP's USDC into the (Pa,Pc), just below the current price Pc, and puts the LP’s project tokens into the staking mining instead of into the trading pool (i.e. above Pc as potential sellers), thus creating a model of "stronger buying than selling", which is more conducive to price increase.

![](/files/lWP5TIo5HCelzldKfWLg)

For example, if the current price of XYZ token is 3 USDC, LP will deposit 1k XYZ and 3k USDC into the izumi platform in one click to mine and receive a 90% APR on the total principal (similar to the Sushiswap xy=k model). iZUMi manages this by placing 3000 USDC in the Uniswap V3 (0,3) price range to provide potential buying orders when the price declines. The 1k XYZ is placed in the staking module to lock in liquidity, but not in Uniswap V3, so it won't be sold passively when the price rises, resulting in no impermanent loss or passive selling pressure on the project side.

Analysis: When the price goes up, there is no impermanent loss, and when the price goes down, the percentage of impermanent loss for LP (Pa=0) is the same as xy=k. The overall distributed incentives for the project are the same as in the xy=k model. In the up cycle, passive sell liquidity is low, whereas in the down cycle, buying support is consistent (if Pa is greater than 0 then the buying power is also enhanced).

#### For User tutorial:

For details information and analysis: [**click here**](https://izumi-finance.medium.com/model-2-one-sided-non-impermanent-loss-mining-model-for-non-stable-tokens-in-the-full-price-2ae38867f801)

### Model 3: “Dynamic Range” model incentivizes non-stable tokens to provide dynamic liquidity around the current price

In iZUMi’s model 3 “Dynamic Range”, users participate in liquidity mining by setting the liquidity in the (0.25Pc, 4Pc) value range of the current price (Pc). The width of the price range can also be set by the project team, for example to (0.5Pc, 2Pc), which will also provide more concentrated liquidity. After the user provides liquidity to the pair at the set price range through the iZUMi platform, the iZUMi smart contract will automatically stake Uniswap V3 LP NFT into the liquidity mining program and the liquidity provider will automatically participate in the mining and start receiving the liquidity mining rewards provided by iZUMi and the corresponding project.

In addition to this, LPs will also receive trading fee revenue from Uniswap V3 because the value range set by the liquidity provider includes the current token price. The combination of these two revenues will significantly increase the liquidity provider’s expected returns. The benefits of a liquidity provider’s participation in liquidity mining will be calculated as a percentage of the total liquidity of the program in terms of the thickness of the liquidity it provides (v\_liquidity), as follows:

![](/files/ATMdUOxnL9AWle5rlBub)

Based on the above equation, we can conclude that compared to traditional liquidity mining activities in the full range, based on the iZUMi model 3 “Dynamic Range”, if the price range is set to (0.5*Pc, 2*Pc), it will provide approximately three times more efficient capital utilization. And based on the “Dynamic Range” Model, users do not need to adjust their positions frequently. Even if there is an extreme situation where the price of the coin has a large unilateral movement and breaks the value range (0.25Pc, 4Pc) corresponding to the price of the token when participating in liquidity mining, the Uniswap V3 LP NFT that the user has staked will continue to generate liquidity mining revenue for the user as long as the liquidity mining is not terminated. Of course, liquidity providers can choose to redeem and re-provide liquidity based on the latest price, which ensures that they will continue to receive Uniswap V3 trading fees in addition to the liquidity mining revenue.

#### For User tutorial:

For details information and analysis: [click here](https://izumi-finance.medium.com/model-3-dynamic-range-model-incentivizes-non-stable-tokens-to-provide-dynamic-liquidity-around-8e8c5be58b83)

### Boost the LiquidBox pool's APR

iZUMi LiquidBox allows $veiZi holders(sometimes $iZi holders) to boost the LiquidBox pool APR up to 2.5x. The boost mechanism will calculate LPs earning weight from their LP NFTs, same as most boosting mechanisms on the market. The unboosted left incentive tokens will be re-distributed to veiZi token holders.

For details information of the boost mechanism: [check the "Boosting"](https://docs.izumi.finance/tokens/tokenomics)


# How to conduct liquidity mining with LiquidBox?

Let's say that your project has been listed on Uniswap V3 and now you would like to incentivize liquidity for a certain price range. In order to do this, you would like to incentivize your community with your tokens and enable liquidity providers to earn additional rewards, for which you would need izumi.

The process is pretty simple:

1\) You fill out the izumi incentive pool application form [here](https://forms.gle/vY4pDWup7jLvb1Ru8).

2\) Izumi team will contact you to initiate the onboarding process.

3\) You pay a fee of $10,000 per pool paid in iZi tokens.&#x20;

4\) After payment and information are both submitted, we deploy.

If you have any questions feel free to reach out to us via Discord and Email.

&#x20;   Discord: [https://discord.com/invite/vUFpSwxTzz ](<https://discord.com/invite/vUFpSwxTzz >)

&#x20;   Email: <contact@izumi.finance>

### **How does the process unfold?**

Based on izumi’s incentive mechanism, the project team needs to decide some details about the UniV3 liquidity mining program, such as incentivization price range, program duration and amount of incentive tokens. If you have any questions about those parameters, feel free to reach out to the izumi team, and we will provide suggestions based on the project’s situation.

Then the project team needs to fill out the izumi incentive pool application form, which requires more information.

Once sent, a team member of izumi will contact you to confirm the details, address any questions and initiate the onboarding process.

### **What happens next?**

After the onboarding process is complete, users will be able to provide liquidity on Uniswap V3 and stake the LP NFT directly on izumi main website, in a pool dedicated to your project. Those liquidity providers will earn rewards of your project tokens and additional iZi tokens. The detailed instructions please read \[Tutorial].

Users will be able to withdraw their Uni V3 LP NFT as they wish, any time during the incentivization program as well as after all the rewards are distributed


# iZUMi Bond, iUSD

### **Introduction & Backgrounds**

Bond Farming is the latest paradigm of on-chain financial derivatives innovation presented by iZUMi Finance based on the team's deep understanding of traditional finance and focused research in the DeFi industry. As a bond issued by iZUMi Finance for on-chain financing, it combines not only the model of convertible bonds issued by companies in traditional finance but also the model of on-chain over-collateralized stablecoins. iZUMi Finance issues bond certificates in the form of iUSD, a USD stablecoin, for institutions providing on-chain funds.

In the traditional financial industry, a convertible bond is a type of bond that can be converted into shares of the bond-issuing company, usually at a lower coupon rate. Essentially, a convertible bond is an option added to a corporate bond issue that allows the purchasers to convert the purchased bond into the stock of a specified company within a specified time period.

Based on the special token instrument and over-collateralization mechanism in the DeFi space, iZUMi pioneered the first convertible bond denominated in USD - iUSD (iZUMi Bond USD). It is different from the well-known concept of USD stablecoin, and it abandons the systemic risk of algorithmic stablecoins, using transparent on-chain funds managed by smart contracts and multi-signature wallets as the over-collateral to back up the value of iUSD. And iZUMi's convertible bonds issued through Solv Protocol support investors to convert to iZi tokens at a specific price at maturity, so that investors can also enjoy the potential investment return from iZi token appreciation.

The on-chain liquidity revenue captured by the iZUMi platform is the most direct support for Bond Farming investors' returns. Bond Farming is a structured method of liquidity mining, providing risk-free earnings to bondholders. By guaranteeing the principal and interests paid to the investors, Bond Farming has set a paradigm shift in liquidity mining. The revenue generated by Bond Farming will first be used to repay the investors and then reward market makers.

Here iZUMi also draws on an important investment model in traditional finance - a multi-tiered investment product that provides a stable low return for investors with low-risk tolerance and a volatile high return option for investors with a high-risk appetite. In the Bond Farming designed by iZUMi Finance, institutional investors who provide investment funds directly through the purchase of bonds are said to be the investors who seek stable income in this system. The iZUMi project side and the professional market makers using iUSD are the investors who seek a high-risk appetite and high return profit margin.

This model not only greatly improves the efficiency of capital utilization, but also provides participating parties with investment options that meet their usage needs based on DeFi's on-chain smart contracts, making it a cutting-edge innovation in the DeFi on-chain liquidity space.


# Bond Farming

### Bond Voucher ft. Solv Protocol

iZUMi Finance held a Bond Voucher sale through Solv Protocol valued at 2,500 WETH and 550,000 BIT.

Solv Protocol Page: [**click here**](https://app.solv.finance/ivo/bond?network=mainnet)&#x20;

![](https://lh5.googleusercontent.com/JJ0b-6IWgvbnkteSHsYdWiIvh-DDAPk-teEyv74zP64tdVjS_g8rMo4zLIeWg2uy9D59cll_1I-3L0N7TAMfX5RPaO-xdkD-q4baETFMPmNwajJTk0lgjfym9q3Gstg0CsJzmxsF30bfzCKxhA)

Bond Voucher Offering Detail&#x73;**:** [**click here**](https://medium.com/solv-blog/debt-financing-izumi-solv-bond-voucher-offering-3-239e42298e98)

**Highlights of this offering:**&#x20;

![](/files/vwjWXp2BL5IOFYiCIYP5)

About Solv’s Bond Vouche&#x72;**:** [**click here** ](https://docs.solv.finance/solv-documentation/featured-products/bond-voucher)

### Use Cases for Bond Farming

* For liquidity providers, Bond Farming lowers the risk of impermanent loss while giving a higher and stable profit.
* For protocols, Bond Farming with iZUMi Finance could help them attract better on-chain liquidity on DEXs, with higher efficiency of Liquidity incentives, which is vital to the survival in a bear market. It’s a win-win situation for both the liquidity providers and the protocols if they adopt Bond Farming on iZUMi.

### Repayment Guarantee & Securities

1. The funds raised will be stored in the multi-sig wallet co-managed by Solv, iZUMi, and Cobo. The wallet will then be used to add liquidity to the Uniswap V3 BIT-ETH pool vault on iZUMi. At maturity, the fund will also be claimed through this wallet to maintain transparency for the use of the raised fund.
2. iZUMi will collateralize 8 million USD worth of iUSD tokens.
3. iZUMi will use the Treasury wallet to sign the Repayment Statement via EthSign. At maturity, iZUMi promises to repay the principal and the interest.
4. iZUMi’s smart contract has been audited by Certik and Blocksec.


# iUSD

### Introduction

**iUSD**, in its full name, **iZUMi Bond USD**, is 100% backed by iZUMi’s collaterals and revenues. iUSD is 1:1 pegged to USD, issued by iZUMi Finance, and sold to private investors as a bond to raise funds for the future development of iZUMi’s ecosystem.&#x20;

### How to buy & sell iUSD&#x20;

* If you are retail investors

You could swap(Buy\&Sell) iUSD via DEXs (Uniswap V3 & iZiSwap)

1. [*Swap*](https://app.uniswap.org/#/swap?outputCurrency=0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D\&inputCurrency=0xdAC17F958D2ee523a2206206994597C13D831ec7\&exactAmount=1\&exactField=input\&chain=) *iUSD on Ethereum*
2. [*Swap*](https://izumi.finance/trade/swap?tokenFrom=0x55d398326f99059fF775485246999027B3197955\&tokenTo=0x0a3bb08b3a15a19b4de82f8acfc862606fb69a2d\&chainId=56) *iUSD on BNB Chain*
3. [*Swap*](https://app.uniswap.org/#/swap?outputCurrency=0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D\&inputCurrency=0xc2132D05D31c914a87C6611C10748AEb04B58e8F\&exactAmount=1\&exactField=input\&chain=polygon) *iUSD on Polygon*
4. [*Swap*](https://app.uniswap.org/#/swap?outputCurrency=0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D\&inputCurrency=0xFd086bC7CD5C481DCC9C85ebE478A1C0b69FCbb9\&exactAmount=1\&exactField=input\&chain=arbitrum) *iUSD on Arbitrum*

* &#x20;If you are institutional investors

You could reach out to iZUMi’s team via email (<contact@izumi.finance>) and participate in a private sale that requires a minimum of $1M placement.

### Use cases for iUSD

Users could use iUSD in two ways: stake to earn/trade with incentives

Stake to Earn: Users could stake or farm iUSD for an APR of 6%-20% and the interests are coming from the trading fees collected by iZiSwap, providing a stable income product for retail users. (Coming soon)

Trade with Incentives: To increase the liquidity of iUSD, iZiSwap will incentivize iUSD-related trading pairs, including farming incentives and trading fee cashback.

### Value support for iUSD&#x20;

Every week iZiSwap’s 25% revenue will be sent to iZUMi Treasury and used to buy back iUSD in the secondary market until the price of iUSD gets above 0.996 USDT. If it lasts for 4 consecutive weeks that the price of iUSD gets below 0.996 USDT, iZUMi is committed to using the treasury fund to buy back and burn iUSD within the next week. The supply of iUSD will never exceed the total value of iZUMi Treasury to guarantee safety and transparency.

### On-chain Security&#x20;

iZUMi Bond Farming’s security is fully backed by Cobo Safe. Cobo Safe is DaaS (DeFi-as-a-Service) in the smart contract-based environment, powered by Gnosis Safe.

&#x20;It solves the limitations of existing multi-signature wallets by letting teams collaborate in accessing DeFi protocols without sacrificing efficiency for security. The focus is on role delegation and risk management through limiting operators’ access to protocols, actions and even controlling the parameters to granular trading pairs and limits. This risk-mitigated team collaboration supports custom workflows and creates a more efficient multi-signature access to DeFi where asset owners can give pre-defined operational controls to their team in a trust-less environment.

### iUSD Token info

**Type**: ERC-20 Token on Ethereum&#x20;

**Ticker**: iUSD

Token Addresses:&#x20;

**Ethereum Contract**: 0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D&#x20;

**BNB Chain Contract**: 0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D&#x20;

**Polygon Contract**: 0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D&#x20;

**Arbitrum Contract**: 0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D

**zkSync Contract:** 0x1382628e018010035999A1FF330447a0751aa84f&#x20;

**Mantle Contract:** 0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D&#x20;

**Linea Contract:** 0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D&#x20;

**Base Contract:** 0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D

**iZUMi Treasury Ethereum**: 0xe3071f78fbc34c0043820229283cc3b5621b75dc


# Shared Liquidity Box

Multi-chain Liquidity Superloop

### **Introduction:**

The development of multi-chain networks and the construction of multi-chain ecosystems is gradually maturing. The demand for value flow between chains will become increasingly transparent. To provide users a smooth trading experience with low slippage requires better depth liquidity pools and models with high capital efficiency.

The Share Liquidity Box is aiming to map the liquidity of one token to the multi-chain to enhance the capital efficiency and principal’s safety.

There are two main headaches for bridging liquidity from one chain to another chain:

1. **Safety**: New chains are easy to get rugged
2. **Inefficiency**: Idle liquidity on the bridge treasury

Providing liquidity in Shared Liquidity Box, allows LPs to use one liquidity in original chain to farm on multi-chains, which means the principal will be safely kept on original chain without facing any risk of new chains’ rug, and get a multiple times higher APR by providing liquidity on multi-chains.

### Share Liquidity Mechanism:

#### What is sl-Token(shared liquidity - Token)?

sl-Token is a token issued by Shared Liquidity Box with over-collateralized on-chain assets. Each slETH, slUSDC, and slBTC can be redeemed from Ethereum Mainnet with 1:1 ratio.

There are four main participants of Shared Liquidity Box:

1. **Users/Traders**: could buy or sell sl-Token, and could use and take sl-Token’s price and liquidity for reference/index used in other DeFi protocols. And users can always redeem sl-Token from the Ethereum mainnet with 1:1 ratio.
2. **Market Makers**: could provide liquidity (e.g. BTC/ETH/USDT) on the original chain to get sl-Tokens on multi-chains’ **Smart Boxes**, which is different from EOA wallets and will guarantee sl-Token of shared liquidity only to be interacted with authorised  Dexes and pools.
3. **Box Keepers**: shall be responsible for custodian, monitoring and clearance.&#x20;

#### How to withdraw?

For example, If a user has 1 slETH on the zkSync network, they can go to the Shared Liquidity Box official website to withdraw. The user can deposit 1 slETH into the Smart Boxes contract and he will receive 1 ETH on the Ethereum mainnet. The relevant slETH on multi-chain systems will be redeemed.

#### For Market Makers of Shared Liquidity Box

<figure><img src="/files/BSphZvUEVcBa5eeKIMVp" alt=""><figcaption></figcaption></figure>

* Liquidity Providers provide liquidity (e.g. BTC/ETH/USDT) on the original chain to get sl-Tokens on multi-chains.
* sl-Tokens could be used on trading, liquidity mining in the authorised  Dexes and pools on multi-chains‘ Smart Boxes.
* There is a liquidation flow provided by Box Keepers to monitor the balance between sl-Tokens and staked Tokens on the original chain to ensure fully collateralized.

#### For Traders of Shared Liquidity Tokens

<figure><img src="/files/OLFM7fIHTQ0IgrmmGDjl" alt=""><figcaption></figcaption></figure>

* Traders could get sl-Tokens when trading in any shared liquidity pools on multi-chains.
* Transferring the sl-Tokens to the withdrawal contract of Shared Liquidity Box can get back the staked tokens on the original chain.
* After the withdrawal, the amount of corresponding sl-Tokens on all the chains will be decreased.

### **About sl-Token：**

**slUSDT:** 0x496d88D1EFc3E145b7c12d53B78Ce5E7eda7a42c

**slstETH:** 0x32440D79446E25E90Ff4DEE5807B61D759c8d264

**slBTC:** 0xbf6F47970276bcbB4E0Ec9dcFd27b16F68b78E74

<br>


# On-chain Financial Products

## **Impermanent Loss (IL) Insurance**

<figure><img src="/files/PTZ7T9lAkVwHPQc4ZvOo" alt=""><figcaption></figcaption></figure>

Insurance protects liquidity providers from any financial loss of principal as it effectively helps to manage the risk, and it is suitable for all market conditions. The strategy of the product is to seek the best price on centralized and decentralized exchanges to hedge the position through spot or derivatives, and maintain the balance with the lowest cost. It ensures that the LPs can obtain a more stable yield without losing the principal in a non-custodial way. Here is the detailed information: [*https://docs.google.com/document/d/1zmmIPARWrLP0h5Ugme1rapW5bt68RLGCTWPeRFjSPWc/edit#*](https://docs.google.com/document/d/1zmmIPARWrLP0h5Ugme1rapW5bt68RLGCTWPeRFjSPWc/edit#)

## **Dual Currency Product**

<figure><img src="/files/9S998P1xTLKF5HEfcClE" alt=""><figcaption></figcaption></figure>

Dual currency product is a non-guaranteed wealth management product with floating income involving two currencies. It can help users earn returns when the price goes up, and earn more BTC than directly buying at the current price in the downtrend. All of the processes will be done on iZUMi Finance in **one-click!**

## **Fixed Income Product**

<figure><img src="/files/ffqYjWtjRf2JZrsBPqSw" alt=""><figcaption></figcaption></figure>

Fixed Income is a principal protected product with 10% APR during 30 days.The underlying strategy is Bond Voucher and is secured by the iZUMi Finance’s credit and native tokens. The revenue generated by liquidity farming will first be used to repay the investors. All funds raised will be stored in the multi-sig wallet to ensure security. iZUMi Finance has issued the bond with Solv Protocol several times which is also trusted by Ivy Ventures, Cobo, Mirana and other institutional investors. Here is the example of[ *Bond farming*](https://docs.izumi.finance/product/izumi-bond-iusd/bond-farming)&#x20;

## **Contact us**

Thanks for your supporting. Welcome to contact us at anytime for any questions!&#x20;

Telegram: @Linna0006&#x20;

E-mail: <investment@izumi.finance>

Special thanks to Glass Finance to provide the products, and the products are not alive to the retail customers, please stay tuned!


# Tokenomics

## Token info

a. Type: ERC-20 Token on Ethereum&#x20;

b. Ticker: iZi&#x20;

c. Total supply: 2 billion iZi tokens&#x20;

d.&#x20;

Ethereum Contract: 0x9ad37205d608B8b219e6a2573f922094CEc5c200&#x20;

BNB Chain Contract: 0x60D01EC2D5E98Ac51C8B4cF84DfCCE98D527c747&#x20;

Polygon Contract: 0x60D01EC2D5E98Ac51C8B4cF84DfCCE98D527c747&#x20;

Arbitrum Contract: 0x60D01EC2D5E98Ac51C8B4cF84DfCCE98D527c747&#x20;

zkSync Contract: 0x16A9494e257703797D747540f01683952547EE5b&#x20;

Mantle Contract: 0x60D01EC2D5E98Ac51C8B4cF84DfCCE98D527c747&#x20;

Linea Contract: 0x60D01EC2D5E98Ac51C8B4cF84DfCCE98D527c747&#x20;

Base Contract: 0x60D01EC2D5E98Ac51C8B4cF84DfCCE98D527c747

Manta Contract: 0x91647632245caBf3d66121F86C387aE0ad295F9A

## Token allocation

![](/files/YgSWedxCxC1Sl2lPb57z)

## Vesting s**chedule**

<table><thead><tr><th width="150">Token Distribution</th><th width="151">Amount of Token</th><th width="150.96774193548387">% of Total Supply</th><th>Release Schedule</th></tr></thead><tbody><tr><td><strong>Team</strong></td><td>360,000,000</td><td>18%</td><td>10% release at 6 months post initial listing date, and the rest linearly released in 18 months.</td></tr><tr><td><strong>Ecosystem</strong></td><td>1,100,000,000</td><td>55%</td><td>3% initially in Uniswap V3 and the rest released in the next 4 years.</td></tr><tr><td><strong>Private Round</strong></td><td>300,000,000</td><td>15%</td><td>10% release at listing date, and then 3 months cliff, and the rest linearly released in 12 months.</td></tr><tr><td><strong>Partnership</strong> </td><td>200,000,000</td><td>10%</td><td>10% release at 6 months post initial listing date, and the rest linearly released in 18 months.</td></tr><tr><td><strong>IDO/IEO</strong></td><td>20,000,000</td><td>1%</td><td>after listing.</td></tr><tr><td><strong>Airdrop</strong></td><td>20,000,000</td><td>1%</td><td>after listing and reserved for marketing campaigns</td></tr></tbody></table>

#### ✅Proposal Name: 2022-1 Proposal of Promoting veiZi

**Proposal Details:**

1. *All the investors will receive veiZi instead of the unvested iZi of the next 12 months.*
2. *All the veiZi will be set to be unlocked on Mar 20th, 2023, in accordance with the final release date of SAFT Distribution Schedule.*

**The Changes of Vesting Schedule:**

This proposal will affect three parts of the vesting schedule: **Private Round, Team & Partnership**. All these iZi tokens were supposed to be released are going to be locked as veiZi for the next 12 months. these veiZi is set to be unlocked on the 20th of March 2023.

## iZi and ve-iZi

#### **iZi token**&#x20;

iZi token is izumi platform's utility token, it can be used to incentive pool set-up and other tools' usage. Additionally, users need to stake iZi token to acquire ve-iZi token, which is izumi platform's governance token that enables holders to be eligible for a range of benefits and participate in governance.

**iZUMi DAO veNFT（veiZi）**

*Note:  iZUMi Finance will launch veNFT when the platform starts DAO governance with the iZUMi community.*

1\. What is iZUMi DAO veNFT(veiZi)？

* iZUMi DAO veNFT(veiZi) is the governance token of iZUMi Finance.&#x20;
* veiZi is designed to fully represent the governance rights of iZUMi Finance.
* veiZi, calculated by the locked iZi number and time, describes the voting power.
* veiZi is compatible with the ERC721 standard, which could be transferred and traded as other NFT.

**2. How to calculate the voting power of veiZi?**

* $$x\_1$$: locked number (iZi)
* $$x\_2$$: locked time left (block), maximum 4 years
* veiZi voting power = $$x\_1\*(x\_2/4 yrs)$$

*Note: This algorithm sets the voting power of veiZi to be both amount- and time-weighted, which is suitable to represent a community member’s support and confidence in iZUMi Finance.*

**3. What are the functions of veiZi?**

* **Voting:**&#x20;

DAO governance and Quadratic voting will be adopted to determine key issues. Every cycle’s iZi emissions will be determined and allocated according to veiZi voting power. The owner of the veiZi can delegate the voting right to another address.

* **Staking:**&#x20;

50% of platform revenue will be used to buy back iZi and sent to veiZi holders according to voting power every month. In the first 4 yrs, 40M iZi per year staking incentives will be sent to veiZi holders.&#x20;

* **Boosting:**&#x20;

With NFT staked, veiZi will be used to boost the LiquidBox pool APR up to 2.5x. The boost mechanism will calculate your earning weight by taking the smaller amount of two values. The first value is simple, it's the amount of vliquidity calculated from the LP NFT the user staked on the iZUMi platform. This amount is your maximum earning weight.

$$min((vliquidity∗40/100)+(Total vliquidity∗Voting Power/Voting Total∗(100−40)/100）,vliquidity)$$

*Note: This algorithm is designed according to the CURVE boosting algorithm.*

The incentives for farming pools are distributed at a certain ratio in a scenario where unconsumed emissions will be distributed to $veiZi holders.

**4. How to get veiZi?**

* Any address could mint veiZi by locking iZi for a certain locked time.&#x20;
* Any address could transfer or receive veNFT, which means veNFT could be traded on the NFT marketplace like Opensea.&#x20;
* Any address could add iZi into any veiZi without affecting the locked time&#x20;
* Any address could combine A veNFT to B veNFT if B’s locked time is longer than A’s, and A’s locked number will be added into B’s.&#x20;
* Only the owner’s address could extend the locked time up to 4 yrs, unlocking in advance is not supported.

**5. How to redeem veiZi?**

The users could redeem veiZi and get back locked iZi after the locked time (block) has been reached.

**6. How to use/stake veiZi with your address?**

* Staking: every address could stake one and only one veiZi.&#x20;
* Unstaking is available anytime after you claim all rewards. If you unstake veiZi before claiming rewards of a farming pool, your farming rewards may be reduced due to the cancellation of boosting.

**7. Why do you need veiZi?**

* veiZi reduces the circulation of iZi in the secondary market&#x20;
* veiZi could get staking rewards every month, making it into an interest-bearing asset.&#x20;
* Stake veiZi once and it could be used unlimited times to boost the reward of farming pools.&#x20;
* No worry about the liquidity of locked iZi. veiZi can be traded in the mainstream NFT market, like Opensea.

####


# Roadmap

**2021 Q4**

* Launch LiquidBox based on Uniswap V3;✅
* Research on Discretized-liquidity AMM;✅

**2022 Q1**

* Provide Liquidity as a Service to other protocols (Double Farming);✅
* Extend LiquidBox to Muti-chains;✅
* Launch ve-iZi and emission governance;

**2022 Q2**

* Launch built-in AMM on Multi-chains;✅

**2022 Q3**

* More trading tools on iZiSwap;
* Build iZUMi partner ecosystem;

**2022 Q4**

* iZUMi DAO governance;


# About iZUMi Finance

* **What is iZUMi Finance? What problems does iZUMi Finance solve?**

iZUMi Finance is a multi-chain DeFi protocol providing One-Stop Liquidity as a Service(LaaS). Its philosophy is that every token deserves better on-chain liquidity in an efficient and lasting way.

* **What are the current products of iZUMi Finance? What is the advantage?**

iZUMi has two main products:

1. LiquidBox: Liquidity as a Service Platform built on Uniswap V3, aimed to help projects attract and manage their liquidity on Unswap V3 in an efficient and lasting way. Established partnership with 8 projects including Dehorizon, WOO, and Bitdao.
2. iZiSwap: innovative AMM compatible with Uniswap V3 and Orderbook. It is the first DEX to propose Discretized Liquidity AMM model which allows to deploy of liquidity in certain price ticks, the capital efficiency is significantly higher than the traditional x\*y=k AMM model, and enables non-custodial limit order running on chains.

* **Is farming on iZUMi Finance safe? Has iZUMi been audited?**

It has also been thoroughly tested by Certik and Blocksec, as well as the investors' internal security teams like Bybit, Huobi, and Cobo, to ensure its safety. You can view our Audit Report here(Click “[here](https://docsend.com/view/ura947u6ck3urpqb)”)

* **Where can to view our smart contracts?**

You can view our smart contracts on Github, click the [link](https://github.com/IzumiFinance/).&#x20;

* **Which chains have iZUMi Finance already been deployed?**

We have deployed LiquidBox on Ethereum, Polygon, and Arbitrum, and deployed iZiSwap on BNB-Chain. More chains will be supported in the future.

* **What is $iZi? And what is the maximum supply of iZi?**

iZi token is izumi platform's utility token, it can be used to pay for cross-chain trading fees, incentive pool set-up, and other tools' usage. And the total supply is 2 billion. You can check emission and other details in the following link: Tokenomics.

* **I couldn’t find an answer to my question. Who can help me?**

If you can't find what you're looking for in the documentation, ask your question on iZiSwap's official social media platforms or on [discord](https://discord.gg/izumifinance)


# About iZiSwap

* **What is the advantage of iZiSwap？**

Discretized-Liquidity AMM makes liquidity deployed in every price tick and reduces slippage when swapping tokens. DLAMM cuts these price ranges into small narrow pieces, making these price ranges close to 0. DLAMM further enhances capital efficiency by making liquidity at every price range needed. More details in the link: [click here](https://docs.izumi.finance/product/iziswap/iziswap-guide)

* **Which chain is supported for iZiSwap ?**

Currently, iZiSwap is supported on BNB-Chain, and more chains are coming.

* **How to use iZiSwap？**

Please view our official guidelines: [click here ](https://docs.izumi.finance/product/iziswap/iziswap-guide)

* **How to check transaction details when swapping？**

You can view transaction routing, fees, price impact, and other information through the drop-down menu during the swap, If there is an illiquidity warning after the pair you want to trade was chosen, please consider choosing another pair to avoid losses. You can view more swap information by clicking [here](https://docs.izumi.finance/product/iziswap/iziswap-guide)

<div align="right"><img src="/files/i3d6LdVvYTBlE84lnhk7" alt=""> <img src="/files/7wabAxYl4PEiV3Pdc3ZU" alt=""></div>

* **When will iZiSwap list more trading pairs？**

We have reached cooperation with many projects and will continue to list new assets. Please pay attention to our official announcements.

* **What are the rewards for providing liquidity in iZiSwap？**

Added liquidity in iZiSwap could earn swap fees!! We will also provide more incentives from liquidity mining pools in the future.

* **How iZiSwap implements limit order and how is it different from other limit orders？**

iZiSwap uses the original DLAMM discrete liquidity AMM model, which allows liquidity to be deployed at each fixed price point. Different from the custodial limit order service, the custodial is actually a price monitoring program that helps users use swap (market price function) to trade when the price is triggered, but the success rate of the transaction and the stability of the transaction price cannot be guaranteed. Learn more about limit order in iZiSwap limit order, [click here](https://docs.izumi.finance/product/iziswap/iziswap-guide)（link to iZiswap limit order intro）

* **How do limit order and no slippage work? Do I pay maker fees if I place Limit Orders?**

Your limit order will be considered as adding liquidity on one certain price tick so that you could trade with the fixed price rate as limit orders. The Limit Order feature is FREE for users and no fee needs to be paid. Thus that’s even cheaper than the privilege equivalent of Binance VIP 8 (they still charge 0.02%) Learn more about limit order in iZiSwap limit order, [click here](https://docs.izumi.finance/product/iziswap/iziswap-guide)(link to iZiswap limit order intro）

* **What are the fee tiers of iZiSwap，How the fee will be distributed？**

**Pool Fee tier:**&#x20;

1%-0.2%-0.04%-0.01% (taker pay)&#x20;

1% suitable for emerging tokens and high-volatility trading pair

0.2% suitable for mainstream pairs

0.04% and 0.01% suitable for stablecoin pairs&#x20;

**Fee distribution:**&#x20;

50% to LP

25% buyback iZi

25% buy back iUSD and promotion

* **How to View iZiSwap Data Analysis？**

We provide the following data analysis functions. 1. Top Pools-to check the liquidity depth and trading volume of each trading pair. 2. Top Tokens-to check TVL and Volume of the tokens. 3. Transactions-to check the latest Swap and Liquidity information You can check the analytics of iZiSwap by clicking on the "Analytics" tab on the left menu or by clicking the link below. Analytics: [click here ](https://analytics.izumi.finance/dashboard)


# About LiquidBox

* **What is the LiquidBox?**

iZUMi team first proposed and implemented a liquidity mining scheme "LiquidBox", based on Uniswap V3 NFT LP tokens. Unlike the traditional V2 fungible LP tokens that are directly staked for mining, when designing the liquidity mining incentive plan in LiquidBox, the protocol can clearly set the value range of the incentivized LP tokens. You can learn more information [click here](https://docs.izumi.finance/product/liquidbox).

* **Why should we choose LiquidBox for liquidity mining?**

DeFi users provide liquidity on Uniswap to earn transaction fees and they will also get an NFT LP token that represents their Liquidity share. They can stake their NFT LP token on Izumi to start liquidity mining and earn extra incentive tokens provided by different project teams and Izumi governance tokens.

* **How to farm with LiquidBox?**&#x20;

As for now, we have three options: Fixed Range, One-side,Dynamic Range. Although, we have deployed on Ethereum, Polygon, and Arbitrum.You can learn more details in the Tutorial([click here](https://docs.izumi.finance/tutorial/how-to-farm-on-izumi-liquidbox)).

* **How to ensure the safety of users' funds?**

We use the "non-custodian" option. That being said, any liquidity injection in UniswapV3 is obvious. izumi serves as a custodial mining platform. Any money held by the users, including LP tokens staked on the izumi platform, is stated in the smart contract to be returned only to the user's wallet address under any conditions, with Izumi and the project party having no right to touch the user's liquidity. It can totally reduce security risks.

* **Where do the liquidity mining incentives come from?**

Incentive tokens are provided by Izumi itself, as well as the cooperated protocols that want to give incentives to liquidity providers of their token trading pair in UniswapV3.

* **How to calculate LiquidBox farming rewards?**

In iZUMi's LiquidBox, the algorithm converts each NFT into an FT to calculate the percentage of rewards that should be earned.

* **Which partners have chosen us?**

BitDao,Woo Network, ApeX Protocol,DeHorizon,YIN Finance,vEmpire,Swell Network.


# About veiZi

* **What is veiZi，What can veiZi use for？**

iZUMi DAO veNFT(veiZi) is the governance token of iZUMi Finance. ve-iZi can be used

1. Vote in iZUMi's DAO.
2. After stake, get iZi repurchased by the platform every month.
3. Increase the revenue up to 2.5X in LiquidBox.（coming soon）

More detail:([link to tokenomics](https://docs.izumi.finance/tokens/tokenomics) or [veiZi intro](https://docs.izumi.finance/tutorial/how-to-obtain-veizi-and-other-functions)）

* **Where to lock ve-iZi? Can I get it back after I lock it?**

Users can mint veiZi by locking iZi for a flexible period of time(up to 4 years). after reaching the unlock time (block), users can redeem veiZi and get back iiZi. You can lock iZi to get veiZi by clicking on the "Locker" tab on the left menu.

Learn more：（[link to ve-iZi tutorial](https://docs.izumi.finance/tutorial/how-to-obtain-veizi-and-other-functions)）

* **Where can I stake ve-iZi?**

You can Stake veiZi NFT through NFT's Manage option after obtaining veiZi NFT.

Learn more:（[link to veiZi tutorial](https://docs.izumi.finance/tutorial/how-to-obtain-veizi-and-other-functions)）

* **How to check my veiZi?**

You can see your veiZi in Locker-my veiZi NFT of iZUMi website, and you can see your veiZi in your opensea account.

* **How to count the number of veiZi？**

It depends on how long you lock iZi, The longer you lock iZi for, the more veiZi you receive. The minimum lock-up time is 7 days and the maximum is 4 years.


# About iZumi Bond

* **What is iZUMi bond？**

Bond Farming is the latest paradigm of on-chain financial derivatives innovation presented by iZUMi Finance based on the team's deep understanding of traditional finance and focused research in the DeFi industry. learn more by [clicking here](https://docs.izumi.finance/product/izumi-bond-iusd/bond-farming)&#x20;

* **What is Bond Farming？**

Bond Farming is a structured method of liquidity mining, providing risk-free earnings to bondholders. You can view more use cases of Bond Farming here([link to bond farming](https://docs.izumi.finance/product/izumi-bond-iusd/bond-farming)）

* What is iUSD, How to buy/sell iUSD？

iUSD, in its full name, iZUMi Bond USD, is 100% backed by iZUMi’s collaterals and revenues. Learn more [clicking here ](https://docs.izumi.finance/product/izumi-bond-iusd/iusd)

* **What can iUSD use for？**

Users could use iUSD in two ways: stake to earn/trade with incentives learn more: ([link to iUSD use cases](https://docs.izumi.finance/product/izumi-bond-iusd/iusd)）

* **What is the value support for iUSD？**

We guarantee iUSD value through weekly buyback.


# Connect your wallet

How to connect your wallet

1\) Go to iZUMi Finance’s website, click “Connect Wallet” in the upper right corner.

![](https://lh3.googleusercontent.com/EmVa9Mh8ErVdPJJlxJZm8mJy8rkCaO2aQA369-OcZJ6U-GrV0RHCUt4EEMpaFoJh4fcRNaI6yzEpmKTsQgVx_2IkR5qBehjCEnx9h0z-h3xPj-d0wAI_pKWDzFaTfCGlsaZeOuh5hbzjWRPbbQ)

2\) Choose your wallet type and then you can experience iZUMi Finance&#x20;

![](https://lh6.googleusercontent.com/LLNZSs27lFA3AjRO3FLFNi3zJMkHWo3nY9aul3viiVYFI4Mb6XVlfJukF_fCbO6Q_BEUtoo8yOGqjD20RDpt18a2ui4UxbDNz4uS9iff57LuzlFpu3ATbFT_PCakGInuLTWgNB37ecPWKMHjAg)


# How to use iZiSwap

Detailed information on using decentralized, non-custodian exchange iZiswap on BNB chain


# Pro Version

1.Visit the [official website ](https://izumi.finance/home)and choose the "Swap" function. Click on the **"Pro Version"** button.

<figure><img src="https://lh5.googleusercontent.com/VTQ2kSNUPp6TMjiy65wvxx_lwDWjmH9F33Z0jkB-BfLfrtl2cKfW66R0Vq-o46aPZOxjMwqPKdrMCZqbxi6zv1Z0wRlAVi__1IbVuRvUqNdCDgxo_rf163ezBOIHU_yNFvx8C8zwfuVQAUKyd4uTaKD-WbYJ-1vY7k3vDHEETc9eXqmHVBxB7PYzaNd4QQ" alt=""><figcaption></figcaption></figure>

2.Select the trading pair that you want to trade

<figure><img src="https://lh5.googleusercontent.com/zbA9Musbilwjj70UCOHGJjiEBVDSJY2lnCSsVlTwRSqKieMQapGP_ruOU4GrQ90wrxGGmkwTojc-Q4YdyqdgiCalWlovo5pJ12FjxqF6_ciVTBFyBehUV_eJQsYVSM8IE6cdNAXqQTNLfHO9FbrTvEJHS8Q0RiZxfeJAW2CLQgMTGt5glJMJLp-138jsSg" alt=""><figcaption></figcaption></figure>

You can search for a specific token using its name or contract address. For example, if you want to trade BNB/USDT, you can add the tokens to your favorites for easy access in the future.

***Tips:** You can add the tokens you care about to your favorites for easy access in the future.*<img src="https://lh4.googleusercontent.com/RlWzoWT44Gn6h1ap6uf-VRXAqUZBw1DFfk3sA2sJpLUtuL1aBw6w3a5Cn7f0DsooXlx81pCQlb3ubOwFIV6jRC-IiLPIs1pU8UJu7xHugfOtwdFn5CweZTBIHSbY17YjjNFpFbo6bqRC0GA5eSq-P1HKoknqynVApEW7-T7zULFTWT9aSVcbJY9D-KG25w" alt="" data-size="original">

3.You can choose between two trading models: **Limit Order** and **Market Order**.![](/files/qtgbeBUOr5zoUf2GObDB)

In the Limit Order mode, you can see the current prices, 24-hour rises and falls at the bottom of the navigation bar. **Enter the price and quantity** you want to trade in the "Order Price" field.

***Tips:** You can use the anchor point to quickly locate your position ratio.*

<figure><img src="https://lh3.googleusercontent.com/oI2KydwrQLURAg_li2AnE3QE2xDBJB8gd7qfwK19okGWRsQ1nJD4JpdjwKh3q66gNa2OJ5klM305Jwpo7KNn0G1WPY8UrYe7XieTcdlxM4oAvULY3idOCMHOgbtbu0QqlqrTTcxm0eA5AQhopcTF-XsxKe7N-BW1T0W5TZwvg784XB6_F77mTMvxdhhceA" alt=""><figcaption></figcaption></figure>

After inputting all the required information, you will see the **"Order Value"** in USD pricing.

**Approve** USDT, then click **"Buy BNB"**.

<figure><img src="/files/2yHrSx3uM5mWs52NjpHL" alt=""><figcaption></figcaption></figure>

4.On the left, you can see the K-line charts for various levels of tokens. Below that, you can see the trading volume for the corresponding levels.&#x20;

On the right, you can see various limit orders, pending orders, and volumes. You can switch to see the latest transactions.

<figure><img src="/files/q8xLzir61AGKPEuu39EG" alt=""><figcaption></figcaption></figure>

5.At the bottom of the page, you can see all the limit orders you have made, along with their status such as time, price, amount, and fill.

<figure><img src="https://lh4.googleusercontent.com/mkw59rydozvzUjfh-DGOsKerwS2qqCnhjK5HKRwhx1xc0OQIDPu9-KSS0gFsXeTHvVhG6p7RRYWktXyvXxryTY6YZb8A_4ioSr1CxpRlxc0_O9BPrnuOlVYAkBzyfSlWU5-HZL4aHWuKvDf8A9PR6tfcJjpddAm7BU17lHlXaovyJzai9Z8efeGyIZGbzA" alt=""><figcaption></figcaption></figure>

You can click on **"Cancel"** to cancel a limit order.

<figure><img src="https://lh6.googleusercontent.com/sSlTMsfrteWBIvzAWlnLbrl5a7wCmtXVbpD66gUmxc_dnMIJ0GB84_yFSe9AWd373GGsMSO7_poZEcYsqz-XTJTiK-5K_Rxq32wXkLFbFJKrJvdLmUK4SxiPPVDgty9KK3DHivuDrTu-YRqifDiKvEmC2kbSEeStN10AkuAc2Mc2bYNCBjLPk76wpOYWdQ" alt=""><figcaption></figcaption></figure>

6.You can click **"Past Orders"** to view the history of your orders.

<figure><img src="https://lh6.googleusercontent.com/ERGWd3Pye56cGt78EFUuNDyTfPVUjNKRg1z2l8XjUmNIj15pLAAkmo-TUtf0CkzIeQ8vw8uytTtLpbiwBa4LEz8g41rQQEv-RuVTE0efmru9tLJICHux1rGzwX6agAdjGwZ7d321tKbJxW488O_uZBCYv-rqyWKjuHnp4gFfXYdV_ZuWct3Ap-hYXpzKgg" alt=""><figcaption></figcaption></figure>

After checking **"Show all trading pairs"**, you can see other pairs’ limit orders.

<figure><img src="https://lh5.googleusercontent.com/UuBBG48s7I_8UUTxM46su-lo2ikvCH5j0HfWlUFeplEgdaeSF71ZeI07LorWJOPY_uuP4KtNFY3yNuW72sXqIzOmLxW7or5E3Cz6q77qAvFTxHsFounxvAaoERSi4woZFZ8rxBnbCYx3MPBhHUgztwQnbMnp6SWHq15EwzEfZaGe40dsARdpb4flzHQm9Q" alt=""><figcaption></figcaption></figure>

7.Switch to **"Market"** mode

![](/files/xKTzQh76J27aDDKn5RZ6)

input the amount you want to swap and click **"Approve USDT".** You can see your discovered assets for the current trading pair in the **"Assets"** section.

Click on **"Buy BNB"** and the swap will be executed at the market price immediately.

<figure><img src="/files/aasTFFwBnYSKnL9Kjr0b" alt=""><figcaption></figcaption></figure>

8.Click on **"Back to Lite"** to switch to the Lite version.

<figure><img src="https://lh3.googleusercontent.com/tnH0OsJ4q_lLROEpYCvTC5gDXQ55zypiwBrWGAoGLZ5FSYFiljVGRTG9yiabv-ZCkFF3pBvBeEhZCXhb6gHC6mZhjdHNOZF4gB1czSvcdWF89vr3jMXKQY4_cyhov2nMBRw9l0jbMMaGpz78GTDOV4WtnNuGzOTKwyt0uM_4YC9PQwa9Hy3IO0VSTfkFXw" alt=""><figcaption></figcaption></figure>


# Lite Version


# Swap

1\)Visit iZUMi website: [click here](https://izumi.finance/)&#x20;

Locate in the top right corner and click the "Connect Wallet" button to connect metamask wallet. Also, switch to “BNB-Chain” in your wallet's network settings.

![](https://lh4.googleusercontent.com/sLc033Toio1m4xV90GcyCFzcgQMsiQhRxvwsrXaW8LEhzhfRiMBKYj7RVJTK61lu8N3IK-y6HmPBhK4oTdiUEDSXIfOq0-jfEIr1Zk-ixBiEwhxtRaJcejU7f3iZK00XfwYMHT7YB9NHIZ9Xxg)

2\)Select tokens to swap. The top token or "from" placeholder depicts the token you own, while the second token or "to" placeholder represents the token you receive after the successful swap.

![](https://lh6.googleusercontent.com/eQfavjO5WfwFdqVoPEYL7326OuyUQUFOyt1lMjbWTgWsXRkLFrHtaYClSnySeWFRjB3nfg_1X7iv9ys8TGE-kyvIXbQ3hbbpKHBZHXHGXL1e1W6dinpQGCTUonR--YMe6FTBRHvmRQSlHCRyQw)

3\)Click the “Swap” ,and click “Confirm” on Metamask. Step4:Wait for a bit. If the transaction is successful, a message will appear in the bottom right corner of the page.

![](https://lh3.googleusercontent.com/r5-NkUodry5YXJIf0izV_W1jrzZ9na93bk2iL6gxjHbOU8K-s3pShb4U_QNuP7w2SvYuKNmruxWtNZLT0vo03kkAFo0MZGIgM-MDIRmLlexzHWYK8jHPuzhC_EZeNM0L_sgxSUYoe92JG96mDA)

4\)Wait for a bit. If the transaction is successful, a message will appear in the bottom right corner of the page.

![](https://lh3.googleusercontent.com/uzd6iy58n4b48YNGVe2pU6azWjMkfXiBoPGFhw7N7wpe_K14V9YfFGKbiwlPWD4HAPPOBOCH437IpRZ3YP1-aHyX8j1I6urbkQ1AIB9PFOtwbNeUwz3o1dMqMXhOqjSV4tBZ6Ye1HiEzBscCOg)


# Limit Order

1\) Click “Limit Order” to the right of “Swap” window and select the token you'd like to trade. The token A at the top represents the token you want to sell, while the token B at the bottom you desire to receive.

![](https://lh5.googleusercontent.com/vwehhxKOLD4rHjtWU5FDhlduJqsrASSF6uHPc37XqMd7CrDwhUdwDpXMlzNfXpbf_MNStlMLMuNtV6Z1mJqx3yHKLFauCPdIk8u1OGG8fvLRYHrPN-MNT-n6uCyVqVoZ5GkP2HaHgfr756bJ_g)

Step2:Input the sum of token A you wish to swap and choose at what exactly price you want to receive your subsequent token B. Select the correct “Fee Tiers” and click “ADD” and confirm the transaction on MetaMask .

![](https://lh5.googleusercontent.com/d3rh3tp-aQOSJNW9OxlzuYiaQT3XUibDUjtG4CjNyqzC7fYs17lJXolrzGZG3JKcw_MOFVhDROhPKn2zu-RE-XDwvpWniiZLyE3ueRkJSrW44hLA0gnzMuRyLUQwujIUCvm1pt0OQhW3wKXRVg)

3\) You can learn more details in “My Orders”

<div align="left"><img src="https://lh3.googleusercontent.com/vzPTqBOh0vGHLeJtVpBFfgM8OE1q5HnMkEXMdnUevm9mLfrJf5MwhciPbjJxlYib_vCMAOha6Zdctabqb0fp9VgT0oO2zAvJdyNDM41TcHsaCURNa1AIHGhdE_h72Okzk8VXJqFrZrxZobhEVA" alt=""></div>

![](https://lh5.googleusercontent.com/6z3geFiXUTaPkwbM791i_P2qryuVS6dn4ysj4-myxIQGCQtPV6rxdhqJeGrWcyXwsaYxwPhHpStf5xlWXpn0vCUFg6UKILZyswGAsz8yoyegEeea63eYGnHWIURmu0TtOaCp3CrB13kpW9t_JQ)


# How to claim Limit Order

1\) Click “My Orders” and enter to “My Orders” page

![](/files/7ThXSNxvwln4dHQYxQo2)

2\) When your order is partially or fully completed, you can collect rewards on "My Order" page by clicking "Claim"

![](https://lh6.googleusercontent.com/n96bN3AHbXAZyFyowWbNcfPBWqM-GjgwVSiNlOgce8g1HuMrjoiE1c979nPSYaWtZb7z3DwIXQVB3gxhtI8O4MrTs075OlX8Y20TlIqkUxamCNKZmx9FAbnD3a_xCnhKAJ5eNaLERCLwmzOICA)


# How to cancel Limit Order

1\) Click “My Orders” and enter to “My Orders” page

![](/files/jfXJzeWSn3axVT4Xja9A)

2\) If you want to cancel an order, you could click “Cancel” and you need to confirm on MetaMask.

![](https://lh3.googleusercontent.com/0EYbQ-3LYY5HLg7FBt4pZo7yt9zR0x6Vh6er7bb6NJ8ZUc4kQ18-raywHfNVkrudxzFgjjCs9BvT2DshpDRwvPJTX3SioufmBiQUDzeQU9BaGfE5QHF_yHlGxmGnynDsd1qFuaVVBmv-vOLzZQ)


# Add Liquidity

1\) Select "liquidity" => "add liquidity"

![](https://lh4.googleusercontent.com/mwN_P-4e8lqwQhdBK8_H7YoDZuF4guM_WC_mTCUqsAudru6MpY1sDNpnbtZZUyAe033Rx2POLQn2TYLLnDKTBJjAAkZrVn37XgpKkUJixuh5v_5wHGUmZCxnm9JSmgyrkuH9ihQCF-B2li-Diw)

![](https://lh5.googleusercontent.com/2D1OUH-TtXBexld_KMyEOap01mT5a7aFkyAF1bTGWXTFkHURh6XdBw4OE6TwURCFLRLxNYDb4uuIFG2cpKt1soDVsRwTJQexOa9_U5xxdbOyxfGXUUkFP1zcnvpLir1vQVwT9Ht0rprx0u6fWg)

2\)Select a pair you want to create a pool with, here we take BNB and iZi as an example. Furthermore, choose the swap fee rate that you are willing to charge.

![](https://lh6.googleusercontent.com/AxgRijXaq8coxJKlsjtuCRRw8YxplX6AVsnor-nKX-FL7BHvvb0-GPcdX4VMkYSAWZWxj2LHBdPivD3X-6L-onwy9FnTdeO0Z-zRdJgesMJgHqUsbsyYH9xhuq6WK6PnKh2M3-Qgy91PuGdLOQ)

3\) Input the sum you are willing to provide and set the price range, which is reasonable in your opinion. You should also be ready to observe and manage your pool as the market progress. Additionally, approve your tokens if it's the first time providing liquidity for you.

![](https://lh5.googleusercontent.com/rTxjB9n2nxKWlVwN5YPu9VU5ZqQhM3tfsmv2fb1p5DbrmCY-blMzPcNUDLeBpWU0NGBwxFy8LCucwKJSV8wRxGoxzOofmRrnBSdQqTfmDZp4RBpy0TKm_gzM2GkSlA747dI6W6h-YCaon285wQ)

4\)With your pair, fee tier, and price range selected, and provided funds click “create” button and confirm the transaction on metamask.

![](https://lh6.googleusercontent.com/CPZKrG9EH3zWxK8uwFVDl_JuZPGnE9Y37eoUOlvE-AwKBw6Ve54hk43AVH0ntNFEsFMd131KRhlv3DCWpM0Eks9vbd7OWThQs9wEx-69UEFo7MLihAIzrRHieeu90yOi3xl5UaQT4lDuWvxlxQ)

5\) In a moment, you will be able to see a pop-up window "add liquidity successfully"

![](https://lh6.googleusercontent.com/xU00KU2ov8PUitdOSegcOPv0coGqhnRcd6oIj0C_KhTPXwt0JGmNEJfwNpF7zJcPnFFRATegpqlIzVcdQvswfi7xUAgAc_99IlGhDg6hmpZUu8KKSG4y_Vf_NVYIS3V3xv5VJhiLyS3QgcBjsw)

6\) Go back to the liquidity page to validate the provided position with the specific range, fee rate, TVL information, and NFT id.

![](https://lh3.googleusercontent.com/Jt5_SGU4Bw5VQ4RP8VJDO2D9UV3fvEZM01mv5ZMHk9h5sovnBvRqUMlYuQBig07ChTEMbQ_kgzcQOB_zQucm1ctymWcWJw1x9khEix5nzqu5JVLgLXFeXebbXc_MI7-p__PXQV8fP0b8-anYUg)

7\) Click “Collect” to claim swap fee,and click “Add” to add more liquidity to the existed position Be informed, **that you can not change the fee rate or price range of the existed position and require to create a new pool,** for that matter.

![](https://lh3.googleusercontent.com/OTb4TBzC-2dKRjWMlLl2XkazdfomFq_TL9MADaF4bq47HI0FwOnLn1zxNn5s8puk5k2b-VNTJViCTMWyuaTmhI1EuZ0NnkLAKbSypGVTeHmm8Cga7rTvUdtURm0Fr_ADC6dC4JwQfATOfTGwkg)


# How to remove liquidity

1\)Go to the liquidity page&#x20;

2\)Click “Remove” and confirm the transaction on Metamask

![](https://lh6.googleusercontent.com/Q1SesvneUzxCRllgBV-HoAGNPfcwnXJONh8R2Nj6s9kQDruW7jX6oQZQiU6Fx9hzI2HWil4AakIdVQ0RAs6vzhtOpEjFCQgh_KOMFAFldMdb068R68iLnrQQmLLtj8z3YFbj5T4BlVx5s2g_Xw)


# Pool listing

For pool listing visit: <https://izumi.finance/trade/liquidity>

**A) Set the trading pair and price:**

1. Click “Add Liquidity” in the upper right corner of the page to start

![](https://lh6.googleusercontent.com/12KQOShjYWKFbZQLis10fUZppsomKgkmM951rxh5mw5wHp1Jgd-YscjMGrnWKCs_YsJKk_PvT-aDImZr0fG5yxSs8i_Bofpn0gg9AyjZasA8Dmx5dDb4IncZ7bLBkIOT5ItFwPIEFGyI-tNxRQ)

2\. Set the trading pair, enter the contract address of the token you want to add in the pop-up window

![](https://lh3.googleusercontent.com/tEIlUljI8hRHNg7lBD4Y4gQ5Fry3WLi_hxO34CQbamgE45BWSBHAcR2wuR6wsh8n6EeyEdtRgt5k9vPv7ltgZf3037x-F2RVllF8WDSQcIyGu9RzHtiCQvZf2i3ARBZ2UDefFXA-UpHKeS5JXg)

3\. Take the iZi/BNB pair as an example, to initialize the pool, you need to select the starting price first. Set the Fees Tiers: 1% is recommended for emerging tokens and high-volatility trading pairs; 0.2% is recommended for mainstream pairs; 0.04% and 0.01% are recommended for stablecoin pairs. And we recommend choosing a 1% or 0.2% fees tier for non-stable tokens, then you can create the pool.

![](https://lh3.googleusercontent.com/kWFB5vnukgawOlsWyz5DbQdLvUN4AgPsUz-5chNHr8TyIV7Y0GuydP83JvoFPqxZ2ivHKPIYpj-BCaL7j6KkNCTadywNSzKdqztq6GY6DDJcNKO9zYcUQO_N5qNqeHd_eecAdIFiEQ2fA0qKKA)

**B. Add liquidity to the seed pool.**

Since iZiSwap allows you to add liquidity in a specific price range, we recommend adding liquidity in multiple ranges to ensure that tokens can be traded in all the price ranges and have good liquidity for users to swap.

1. Add liquidity on the full price range (e.g. 1 iZi = 0.0000001BNB \~ 1BNB) to meet basic swap requirements at almost any price. We recommend adding 20-30% of the total liquidity that you want to offer in this pool.

![](https://lh4.googleusercontent.com/EhuBaO_BH9loM1ES5D5ymSYoXyV0_xXUGuTsnG_yA14nB5F349INmjGkZKSZPynnsjySNG9T76CyQaDMDjzfZMWmEZSWbho60cX0u4KkKTje9dqLjWp4AIm-CePPYmHKDNjLbvnQLdibxVy0QQ)

2\. Add liquidity in the price range around ±50% of the current price, providing 30%-40% of total liquidity for market fluctuations.

![](https://lh3.googleusercontent.com/HGzMGwT7_CkU2KghREE2yFymKZcomR3fXlKB1l0GFfDGf6JjTrh242EmxmVSpOUk9ELVzRi3VZ-b48smmOvNtLQCYOvX9jve_wrF9QMF9Do7HKz5T_ZftQL0ackHzuaxJrC7FFzP4mSmwGrNNA)

3\. Add the remaining 30% of total liquidity around the ±10%\~20% of the current price to provide better trading depth around the current price

![](https://lh6.googleusercontent.com/9jSzqJPJXbN65zKlCjrUBn5ZKwM_YwCGZUP5z50rzYj_GJOBs2tnRePilDMFNHZw6JU3m2aWMV43glK7CKl0_3VIozCdFKQHCSNHpO-iZEXB5Hxt11rgaukS9YjnDk-3c7fPx3RvbgX3nXu7iQ)

4\. Go back to the Liquidity page, you can see the liquidity that has been added. You can continue to Add/Remove liquidity here, or you can repeat the steps above to provide liquidity in other price ranges.

![](https://lh6.googleusercontent.com/oK7Dfq1rNMhPyl3PhbgBtyCh8eldXEveODXzZls3WIIj-sHK1h63NlCRybqXKZ4yNnHYWRBUdv5woFi1ENtRFZQ499go4_MDjqHI3rESNtipPz6suQuEWeJkEanR6DnPDSve_V0gZDrmUIV-2Q)

**C. Adding liquidity on one side of the pool**

By setting the price range as (1 iZi = 0.0001 BNB\~0.0002 BNB) or (1 iZi = 0.1 BNB\~0.2BNB), you can easily add liquidity on one side of the pool, to control the price not to go too high or too low, preventing extreme price fluctuations

![](https://lh4.googleusercontent.com/VfvjbcMBFjS1nIXw2RB7YloY1YPl9Vgjpmei9DixT7m4cvWxcTLNf_EqQ3uoiWYcOPnTr6JGhOuDhpC07OGbk9tU4-SgviTtTAhCtjlfr0EAUoMrwixFesuRvscLnIOibeZ9r24OeMzREiBTVA)

**D. Apply for token logo display in iZiSwap**

Fill in this form to apply your project’s information to display on iZiSwap: [click here ](https://docs.google.com/forms/d/e/1FAIpQLSf2LnMNZExNA2RUuJBMWKXzN-juYE7CDlGHLWri17zQW_4PBQ/viewform)

AMM principle： **About the DL-AMM algorithm of iZiSwap**, you can learn more here：[click here](https://docs.izumi.finance/product/iziswap)


# How to farm on iZiSwap

https\://izumi.finance/farm/iZi/fix


# Fixed Range


# Get iZiSwap LP NFT

**Select "LiquidBox" - "iZiSwap Farm",** and we have 3 liquidity mining models: "Fixed Range", "One Side", "Dynamic Range". Learn more details about models, click [here](https://docs.izumi.finance/product/liquidbox/liquidity-incentive-models).&#x20;

Here we take "Fixed Range" - BNB/USDT as an example.

![](https://lh4.googleusercontent.com/dgS95uj_eemSsrFu8WvywlSLLIlXBieHgF__JHQYtxb92iOVrmg1bX5kQFZC36mImpmoljsrwXnonzm1YJqQc17tXfNU4CMaewEKphIwW8L5FoJzbVFjIIQSL8vjAz5uAuvMj8EQGdttDjRQ6VU)

Click the "Connect Wallet" button to connect your wallet.&#x20;

Click the “Details” button “🔽” on the right of the “ BNB/USDT”.

![](https://lh3.googleusercontent.com/GFMV4cxTaI7PJTdUeFEsZhGMY10Kow1d7U8Aep6oq9QfADai7mLdrySF15HuqNTbCzH7EU-i3VCL7RfrPYzoX9vZYtOwDLej2qyeMcNqSIofI508Qc84ynfiAqoVkdV89CErlLd9nENGozG0z4U)

Click “Get iZiswap NFT”

![](https://lh3.googleusercontent.com/mfbq_m1Ngo--4Uwj2G5zBC01E6am2kqB9UvGdSNhm5TviP6-dHiZC37sPD15ETBh4AM7KIjhCEcLVhF8HsS-oto3jA4gKr9e33kwQExWNCCg_mHeBroT4hpZY7YU8GGDiq4NEWKf9x6koiIb1fg)

Price range is seated as the default, you can change it as you wis&#x68;**, but follow the default price range will get the maximum APR.**

![](https://lh3.googleusercontent.com/RVcua36NvziFoigkmpM83MSyCkD_7QjqRVjsougbrday0pLI2RWIEpbKMO6hXci9YSLfHyrfTxHraEf-rHT_5lAP-AVrY7a7HskvqsdWjWh-VQf4FkOgPqKq5KbAr4pDXChr0mHmkA9UqYODpTE)

Approve USDT. Then click “Add Liquidity”,and confirm the transaction on wallet.

![](https://lh3.googleusercontent.com/n8YsM_OcdJzzwVqJa4H5lOI235wikPLfkVkB9P2QLAJc_hxXbX6yQ2wpb7sfZ-PnJrL621tle-_IAcY9WQt_ZO6NVDVjrFQfdotUZEKB4asYnpSHwx73lULVq7afhHdteWXzPPym48AuU_wcTtY)

After you click **"Add Liquidity"**, you will get a Positions NFT from iZiSwap.

![](https://lh4.googleusercontent.com/owOOO88v8OReXxTPIzYfP6mrZPvnzO-gFthGTV985KJAZI_h9uNyqri2DY6A6PGN2BYui66atXYAhaqpi7Siythbm6kOmPbPLoucLH2VO7UK_GTBY1TkjPgYI-ikLVur7_qoHYheW1rH0J28Gmk)


# Start to farm

When you get your Positions NFT, you can click the **“Approve”** button and then click **“Stake”** to start farming on iZiSwap.

![](https://lh4.googleusercontent.com/owOOO88v8OReXxTPIzYfP6mrZPvnzO-gFthGTV985KJAZI_h9uNyqri2DY6A6PGN2BYui66atXYAhaqpi7Siythbm6kOmPbPLoucLH2VO7UK_GTBY1TkjPgYI-ikLVur7_qoHYheW1rH0J28Gmk)

![](https://lh6.googleusercontent.com/zLWRreok37hMdGwyZW8-KR6vtRSXLVHS6d6QsUiMcrr5E5t1VNcfwI37JHqvH1mZXmyD1q_cQI0MVej3vt8oL3Cch8JXIF1i7zY0QiHm-eOmJ0IHqdTDlNO0q36UKFAR5YT4gq0v1n3qLRz4-YY)

You can boost the APY when you stake with “Boost” and the rate up to 2.5x.This process needs some $iZi to stake.&#x20;

![](https://lh3.googleusercontent.com/OuugKzoriPOg88aW5btt1Dk8IJKhKYhdOmjO00PFG7hWAqzEDc_1ysf4FrKsTOGWExEw8qnBSgkLtuMcOOEiUvdGg-AGve4a89v897zmdx9TgqtbvtFKArnm195_BFOYONwBLzDiLRiQyTRoDaU)

You can also boost the APY with **“Boost”.**

![](/files/BVShGUlnQ08Cd7fA4T07)

Input the amount you want to stake,Click **“Approve iZi”** then click **“Boost”**

![](https://lh4.googleusercontent.com/KpyzpP75cvOfmCNIed9300XbMDwXuU5PpfGdXHsBCkGh02SbJ2uuLXHmW3zi6IW2FNewIn3fD4e6lmPq8Xm35lmUK0XNzOjnbaek4Gh86Y9kcafIJb79dDV13pJR1H5frgeCi9aM-CzpoRopaTw)


# Claim & Withdraw

Click the **“Harvest all”** or each **“Harvest”** button, the reward will be sent to your wallet.

![](https://lh6.googleusercontent.com/EtgTzhCiHBGgeA5ZMGS4obwiJEAkmfPGkaW_t2wgB-bdL2a2PNIf7VlyfJ1JmuQ6HJl-kMHZFrLc5lmSpuW3uy4z1Z6m0JSnzM4q2aBj5DC_lu6eyGmMFpK31bxr05O6Bh53W5XCtXZFyqsL9zo)

About withdraw, you should firstly **“Unstake”** your NFT.

![](https://lh4.googleusercontent.com/si5otQaEQKfytm0A9ISeBr58UBXvUvByR5i7pv0CN6p_OwWM8WklHZ-npKMz1sCQcQex6NFwWeHYQ_hPj2qTQSqSit8Vjw-bhB4b-uPsUtweJ5YqpEHsX5wY9XKrLe3IOc3uON8MVJV8o_17_XE)

Then you can click **“Details”** and withdraw your assets.(including the iZi tokens used on boosting)

![](https://lh5.googleusercontent.com/lSGzc58hNYM6RcSdln0uUcLc03MNHOe1_z52T-dLSLcv9A2h__x3ZokG9m8xjroRIUe5CWkwNXD-pUxPdm5ruY3v0wZsMgwugS09ipFJm6gDjGqtghgmXAGfkQg8Eq7Up1PmzdMGfLW8lKN2oNM)

![](https://lh6.googleusercontent.com/EPkwVqwAcnV6ruXZTDWYmraYszeuXyQqoJDPEF7_cxF3vaLQPxxwwJAzoBAMWxmSI3yMLdimuHQlCAtJ8tZR58cuyeZJlpOErzexnErNo2tRsNs-XVLTRv8ej61RyKm_IpsCoDKf2UdLVJhn7aU)


# Dynamic

https\://izumi.finance/farm/iZi/dynamic


# Get iZiSwap LP NFT

**Select "LiquidBox" - "iZiSwap Farm",** and we have 3 liquidity mining models: "Fixed Range", "One Side", "Dynamic Range". Learn more details about models, click [here](https://docs.izumi.finance/product/liquidbox/liquidity-incentive-models).&#x20;

Here we take "Dynamic" - USDT/BNB as an example.

![](https://lh5.googleusercontent.com/eHe6Rxl974vZxfMC0vNwWd7C1J_Dj5rVO1Uq4XV1p2oiWVCuyhF0p69k1d6J-0jWNrEuW_72OzpAPZ-3LuQHpfZGh4O-IUwzRpHBE8nVJqG4rHpLs62qJ2VtRkqCQSI5AJ4aceVKUtTE5yki2EVMYqc)

Click the "Connect Wallet" button to connect your wallet.&#x20;

Click the “Details” button “🔽” on the right of the “ USDT/BNB”.

![](https://lh4.googleusercontent.com/ZmWCvETWh3prCSXF93gSqquXFX8wiaC6MiqK8hvxMng9-jGdpiAzWNP8r70Jo8y-YOvy0nhvYefjvFlZZeNDCUNddiNcdZo_lUiHs4d85lrk-x9ucca5xCwgm3F7EEGMJ7Ir8VY70t7mRuyfubBFOk4)

![](https://lh5.googleusercontent.com/2-KOsj2yX3XVROvFr8qXPYs_CL1VguO1v13nzar6m0p5fPTIjdJ5ctK-hUvkjthwVX8kfv9HUCzJthIv0VxZ-dFDi8MTy3XGWvoHQK7AumdQydb8NK5okvnKyc_nFdAi_48nXYztbhWmN3nfNzVuOaI)

Set the volume of BNB and USDT, input the number of USDT, it will automatically give the number of BNB.&#x20;

Price range is seated as the default, you can change it as you wish, *but follow the default price range will get the maximum APR.*

![](https://lh6.googleusercontent.com/M3eRqL4vKxKr_dDsCt_pqkTebktz-AD7n2Zl_jzeOFH-Yh701R0iWS1hNqMIjJs9QH0wKubao-sO6Eebd24U0a-YjnNZL2RUIl3O6mlBjQ4vo-nQEg5D84y3E2YLsSICtwccGsYY7iFnHclO-r6PRdk)

Approve USDT. Then click “Add Liquidity”,and confirm the transaction on wallet.

![](https://lh4.googleusercontent.com/9gnVbev7t3I0BxS7LrRJXUm1F_kONK5SGpzan5E0KI8CQ-7NRs6WLKfD7ats0hnpI5GOmPR5KuRRvTXdUx7fmWaGc1Ar02aeoPT4FDZkYw4ZW5woIPhdQCabdGCCp08YEFWt7uOyE0Yb1qhapXY)

After you click "Add Liquidity", we will help you to get a Positions NFT from iZiSwap.


# Start to farm

When you get your Positions NFT,You can find “$ Farming” In the upper left corner. It means the farming was started already.

![](https://lh6.googleusercontent.com/h47f8GVQOUbsp1-ZSrHbb1KOy79CEe5ahxrLUgY1IzYJqkynmhfVufsiJ_OVkGN-3Rjj5Ofp6THng6J4pMsTxPnvXFl6tnQvVJZEsnMDmwogyIGC1a1-LXFYqEDnIlrYOZ-NIiuSlTJax4T2MAU)

You can boost the APY when you stake with “Boost” and the rate up to 2.5x.This process needs some $iZi to stake.&#x20;

![](https://lh5.googleusercontent.com/QCd2JeUyIa83ue6Fp4CqPEFt9OPDm-0zmqVGACRXfK211EuQLF4W0ewpImAEoVF3RYh196-dwq9tzUHiYyvjtEd3qdkkWd2NTI0aMEAMq3iJtBxKbVyyzdW9CYQ2G8UhA_qvpnBTycy11GU1gaU)

Input the amount you want to stake,Click “Approve iZi” then click “Boost”

![](https://lh6.googleusercontent.com/_2Jet5gFVRwbeuT9rftnWo0oVpT7b7EAStZruWNz0r3m471gdLwxHDh2o5UQBJJQSBnkjKTlIUJ3Mh52gXa7QrtatdA1zxgyFBoQEYOzFCiwqqsl6DUE-Z_7qrGwl_bWqd-7PEsdahpo2WBOa0s)


# Claim & Withdraw

Click the “Harvest all” or each “Harvest” button, the reward will be sent to your wallet.

![](https://lh3.googleusercontent.com/3hx3rtIf7SZT2bJl_WLL4IsohunUzy4-YSZq3FgA-FRsebb3tXbgQR2j5GRdVJQwPonZ6GtFn9f1fwa5X3mMDtlpWQdnSV1pp-jDaEc9iU797LjexmSI4kbmU-0hut_3hP-y04DQNx1xhFGK5XM)

About withdraw, you should click “Unstake” your NFT.

![](https://lh4.googleusercontent.com/E7VrE_Z9isaROdy-a_RYQkQtdI31WW3NNqCIELICGXoWngTgJAeHf_XA7GKbWHhTUOuhvwepNQS5HuVvpA68EVlIvpdn8l3800jMRmHawzVsYYz0QWMlBzjnWUM9_TrYM6slmKQyQENc3oUAhIk)

Then your assets will be sent to your wallet automatically.


# How to farm on LiquidBox


# Fixed Range

To know more about “Fixed Range” model, please check: https\://izumi-finance.medium.com/model-1-concentrated-liquidity-mining-model-with-a-fixed-reward-price-range-for-stablecoin-and-b6472f87f93d

1.Visit the official website: [izumi.finance](https://izumi.finance/farm/uni/fix) and go to the farm function from the left sidebar. Go to the **“Fixed Range”**, here we take USDC/USDT as an example.&#x20;

Click the **"Connect Wallet"** button to connect your wallet. iZUMi's LiquidBox is supporting liquidity mining on **Ethereum**, **Polygon** and **Arbitrum**.

![](https://lh5.googleusercontent.com/GEJsrDFLAJhqtX8LHw3SeZdwQd-5zu9SIUUvLN5T4LgJpIzQjLeKVTSp2mOuvAiwDKlk5VVbhUkGRb3Qtlj9W-G7awjCHo1VXoBg-SX1xCcPMdXsePABJsSwSrQOTcp2qY5TXTgJhLSb3qlRbQ)

2.Click the **"Connect Wallet"** button to connect your wallet.&#x20;

3.Click the **“Details”** button “🔽” on the right of the “ USDC/USDT”.

![](https://lh5.googleusercontent.com/kt4AvR40TLtDWECDemsOmBNxIV6kzl7oF5HdPgZuFD-EU6-GufBblPEhxSmOhSR7KwH_q43N4sIC2s2nTbCb1r0nLZcmmyDiA-KZfeqPVHfxjUQY5wc437YW3nhEmF6u2O9fb7y0I-SOjYpwbg)

Click **“Get UniswapV3 NFT”**

![](https://lh3.googleusercontent.com/3IMzmGqG6XkYz-zTO8AvljluHFVU0142uh6DS1kKK4AXWUXyUaopdMSOP4bkJaEv3GNkWqj_o9vZ7T9m9gnC3EF5_oJbgWwd-0aMzkvngAFTJ_VkpB1vjFgvDfWm-8q-Uzlj12TInj3CYLsxkA)

4.Set the volume of USDC and USDT, input the number of USDT, it will automatically give the number of USDC. Price range is seated as the default, you can change it as you wish, but **following the default price range will get the maximum APR**.

![](https://lh5.googleusercontent.com/t2iJAKphPQ5bN9OuaOTfrGV0rS6aBGl-62zxOmS4c0hhwyrHD7tDONUcmGg4sTvSsE2-muQFr-hV5Ku7kfNNf188nomoCXtEFPkXZ23h8umDB5m9GNTODnsG9yGkOr6tLtFOu0o0xgKMo3d_Ig)

Approve USDC and USDT, then click **“Add Liquidity”**,and confirm the transaction on wallet.

![](https://lh4.googleusercontent.com/f56pbxiOTIYcjZfKPVhMzB5h5APDYFBCJ0gB_dnuewB37652l3t5iTLCg90I4m8dLIGIfKZODN7znmtBkYD-YyXx8hIkS5IKDSZ6zg60FHiR5FHmtrxpoZdNexljSxWoDeUibSS2csJygz1cgQ)

5.After you click "Add Liquidity", we will help you to get a Positions NFT from Uniswap V3.

![](https://lh6.googleusercontent.com/B91SJPL8NO0ZwTsD0Y_C-MPay-pQalAwoE00zcqs4AaxTHq1GXNinm8Cwy5ZM3V6uw3veVbi4w9_ItF7RUPoDg0tf_xbJ0k-zkYVwhWUTkk2vr2qBfha7IOGanKVZtIoQ7esNjsRH2N1ubF2hA)

6.When you get your Positions NFT, you can click the **“Approve”** button and then click **“Stake”** to start farming on iZUMi.

![](https://lh6.googleusercontent.com/GNAlHKFT1WyarN45Peg1VL5vzlLRfww6yePhILnKxM0Ipr4emoLQHBBBPlKt0ka-5XrSo8Le1SS2wE0saSA1vFouyNyETOM2ySHJEfWFKXk3Q6OKfPIS5CDV3yBN0mmLhWQNeWVR0raaa8PvPQ)

![](https://lh3.googleusercontent.com/eQz93W-yQuMqF4rMP9eHKBfvg9RF0xnendE0f8vhyYgatSzemcVZgw8otEGsjOg_VmGy9gbOMJQRO1F-JUGUkkrXvvWW3GkVOJ598UvkhLo0Ta-NVITi9pNRDk-vQ2ltDufQKbbMzurquUcuMA)

7.You can choose a boost rate here, and the rate up to 2.5x. This process needs some $iZi to stake.

![](https://lh6.googleusercontent.com/xVQkAxjW1mvVWFeDNalXZfem_jU56DQAy4IjrsfBF5IjJIF48mgncEUWVDoCaa2PgTJleegMhWhbhTGOlo2Th_JVMLAmXi1XUPDHwzvtdqcx3e2GjN24u59l6ySP6l6M1NhFUE7SyJb8FhI5Fg)

8.When you have a liquidity mining position in iZUMi, you can boost the APY with “Boost”.Click **“Boost”**

![](https://lh5.googleusercontent.com/7HDPMx0Lfz9xBRApBzdkbFAK5vBOeLPEDC93uoDeN4Utw1DfOzqK5gTbTBTTxiE8BXAenseH4otpxhe4aZA-83REKCqBRDTYr2HByFKAxde3u47pfW4x0clPFvC70Skn5xFoIJZJmJFXnEZ-Sw)

9.Input the amount you want to stake, Click **“Approve iZi”** then click “Boost”

![](https://lh6.googleusercontent.com/biisFS-dHnky1W4Pf8ix9wKg-tqgwXAMFmgbmned3KiAWDriZedmSXaoHSfYrdfYszbuvO4fZSXSVzkw7IvOrTISIkBDaSVoM7wDoqCH9WheHUTg-cGwOu6RrxIQiEGSTYT1nEjEXJvuqJWCDA)

10.Click the **“Harvest all”** or each **“Harvest”** button, the reward will be sent to your wallet.

![](https://lh3.googleusercontent.com/hcLHdLolXuGwgPxNzTYxkIhWCXvCu873Q-MM-zzihy7D9nGpWy8LyvQR4HGoRS6eRJmLFSWdBHU2_obn8Sa2GJTcR3dqQdTfuOZdqcf5jNXPPkfXjPaxw-_QgsrENiRZCeKz4eYbYVOujUolZQ)

11.About withdraw, you should firstly **“Unstake”** your NFT.

![](https://lh4.googleusercontent.com/S9wTg4mEqqqkBOscxiW2dGMQbar-2K6b_WGrVvBAt5By1kRshXA-_dmZseTotuzzPJataxRJhUKb59gq-BJgxNPbxghCV3t9b0cXilXOflJPvsPUC2DtZQJKetWv0AgTWwl3siG1JpWIMnVevQ)

12.Click **“Details”** , then click **“Withdraw”**

![](/files/KogkZcRLdRsyvSRAbrDL)

Your position and rewards will be sent to your wallet in a few minutes


# Dynamic Range

To know more about “Dynamic Range” model, please check: https\://izumi-finance.medium.com/8e8c5be58b83n-impermanent-loss-mining-model-for-non-stable-tokens-in-the-full-price-2ae38867f801

1.Visit the official website: [izumi.finance](https://izumi.finance/farm/uni/dynamic) and go to the farm function from the left sidebar. Go to the **“Dynamic”**, here we take DDAO/WETH as an example.&#x20;

2.Click the **"Connect Wallet"** button to connect your wallet. iZUMi's LiquidBox is supporting liquidity mining on **Ethereum**, **Polygon** and **Arbitrum**.

![](https://lh6.googleusercontent.com/fkpOtR9CBciQDUH5SEbm8KKFCDawEhQDFzBxYDPrCNvaK72TNhUt_X3n5rq6Smpnc8ilE79yCE7geTLbR3oHMB9cXZ9Jyqs3UM2lj8ka-Bud9dOuYvXsO3-0QGjw97mQrpW8ShOYzrWzUNm8eA)

3.Click the **“Details”** button “🔽” on the right of the “ DDAO/WETH”.

![](https://lh3.googleusercontent.com/Miurn3_oHw7PIcZ72f_1AV1PQh4fWtcR8o_dpVQHb7bVwkXj3KBjmXP9nxMzbYGcw3J5sab07A9ERj2OUADrZGVo7ayTRLMrX5BZ4w1ggoE7I7WFJnQq37lIAMjN4GwMcfj99X7dADFg2phjtw)

Click **“Get UniswapV3 NFT”**

![](https://lh5.googleusercontent.com/KydDCtydwLRQ3e5iLxCk4piO4OuLDJu6jJJvBcOfuGe2eUS8ztIsFfE80_UjZXHZjJrwnDcVPNTCd3z6JOXI_5-_Azlal5ffUkzIprgkgO0rtCMwjZ70vhRhKQZ8m3TOJ0al76v0UnqskvwODQ)

4.Set the volume of DDAO and WETH, input the number of DDAO, it will automatically give the number of WETH. Price range is seated as the default, you can change it as you wish, but **following the default price range will get the maximum APR**.

![](https://lh6.googleusercontent.com/jqBLuo7s371wSV66wDBbk2MV0BMKB7PPX2o7hS4lcJpKFWaCFwFIzl66a3emOnH9MwTmDHw8hxeEwFCvTEb7fjIYHHNrohFtfXyoPqOCv7ghZ2CcAJQXhkjmyRPC4ns4cVzrYLDxdHmEUbuArQ)

Approve DDAO and WETH.Then click **“Add Liquidity”**,and confirm the transaction on wallet.

![](https://lh5.googleusercontent.com/77q-LiiR0GsUi2bwFeZfwjDMUOa2TeGJK3jcnfgMx0sbQRh5YRv7GwZF7C9Cj0hKiDhC55eNfWbAr3qZUJfNC_JkiWyE8gm2gQftAzKK11KWjv5RjMV5q9TYLIUIBWs7x99rwgp9etKiIZuEqw)

5.After you click **"Add Liquidity"** , we will help you to get a Positions NFT from Uniswap V3.

![](https://lh5.googleusercontent.com/wUKWq1Ee2YxnhpiqaQUHik05xT6LJZ5RSqxz6r8CyNsFSX1lOxB23TKZ5lV9mPud_gjx4_6xE-Fbd1yHNpywo2pZ8H5_Kc0rC88BaB_cELyxHV1_mU1VweQEXZvSyCr3LtEXym4J5bP5MD2EgQ)

6.Then we will stake your UniSwap V3 NFT on LiquidBox automatically.

7.You can choose a boost rate here, and the rate up to 2.5x.This process needs some $iZi to stake.

![](https://lh4.googleusercontent.com/p_iltYEw-GcUr8ioFTtT8avmd0jN4GLPyBAvViXlIpFrVQjEWEB973LRV4O1_fQgIUKWToNT1vWeaWRlwXMNGSsbahGDiyowx8ZWpbvQF_JTXeJXBocb8Ejzg44RGJxxhlXCKME4aJMOpLu9bQ)

8.When you have a liquidity mining position in iZUMi, you can boost the APY with “Boost”.Click **“Boost”**

![](https://lh5.googleusercontent.com/84JmM_lmKxOk9P5wen9cnTANCnfqng2SEPfctQsH0BwuMI89SU1JicWbYKDAEEG8e15zN6XlWZdiM8qHdrf05m8zfluL06-q7XwYrE7VDTsKtg-mMDIIb6pWwIBndY_Vx9h6QtuBsrlVwLJiOA)

9.Input the amount you want to stake,Click **“Approve iZi”** then click “Boost”

![](https://lh4.googleusercontent.com/PMFjJ2nvH8Em8cewTc3U_ss-yJOIgdS9ipzJLQOoYUuLUargGvYkL1pPHoA3sCpmcm_B0913n1yqSaTC7dtdylXG3DTIjIuO7tq5ix6T0WA6SrGoZGKaS9tJksBt5L28K5Bw1IzT7xnsnkz6IA)

10.Click the **“Harvest all”** or each **“Harvest”** button, the reward will be sent to your wallet.

![](https://lh6.googleusercontent.com/PnlR9g3GfSqlsvBFwSyETeUSzsvrY3RID2iwYi-VaoIG1KC-jJVswTr1SEDWJalu_Jc6sOUYXi5RCqkTQ-YIGfdWmSWcZCzS7KiIejIoF3BmtVFXPsDC9yuf04zTpFg0_hgL-JU6q9W8IoSl9w)

11.About withdraw, you should firstly **“Unstake”** your NFT. Your position and rewards will be sent to your wallet automatically in a few minutes.

![](https://lh6.googleusercontent.com/BLhBuqhQQX0J-xWtPnZrEY4ARMYUWlgS8NDKlSPA2OVrHR2kiNOUbJVDejxMMACB0Jvd2tD5HrZg05GXF43Ky0ws3_RpyILfcTlDvjaHuBiTELhtS2B62vmSo9FD-NZDkWm6Vq5IGYvbdeQEAg)


# One Side

To know more about “One Side” model, please check: https\://izumi-finance.medium.com/model-2-one-sided-non-impermanent-loss-mining-model-for-non-stable-tokens-in-the-full-price-2ae38867f801

1.Visit the official website: [izumi.finance](https://izumi.finance/farm/uni/one-side) and go to the farm function from the left sidebar. Go to the **“One Side”**, here we take APEX/WETH as an example.&#x20;

2.Click the **"Connect Wallet"** button to connect your wallet. iZUMi's LiquidBox is supporting liquidity mining on **Ethereum**, **Polygon** and **Arbitrum**.

![](/files/JncNdeBZxcotUXIOIoQZ)

3.Click the **“Details”** button “🔽” on the right of the “ APEX/WETH”.

![](https://lh6.googleusercontent.com/0IIEejoxGsSzvpNRwcH669PH6PMW3Oz7N6bFDswXWmR6RcN0CHZNqO5y7JD9p_iYFvc6Ov0Z1blplzKj-FPf51KZCQZ_4s7BAPzhJebZUUkjzC8by0p6f2BBeyrc762GlcUhccOIZDg12ndsWA)

Click **“Get UniswapV3 NFT”**

![](https://lh5.googleusercontent.com/xumdfzHUcR20pDBjK3YU-ySd6OlDVFiEQZ-XWh1qB0xF0nE93Y_cVpZl7qh1Cv7IJxw08hUeTv_hb6_urN5Pnbd8WjMTGbhxHLWzfSiqTx09_o_Ogmzm2MhAqHzX-gPQ6zWiFhu1-N2rkJ9T-g)

4.Set the volume of APEX and WETH, input the number of APEX, it will automatically give the number of WETH. Price range is seated as the default, you can change it as you wish, but **following the default price range will get the maximum APR**.

![](https://lh3.googleusercontent.com/9HDDhOwBh0SAc68Wr_l1q9qplLyRt0vhw7Asam0JwoOIlW-ucZAA-5UE9oPrbU8fNfI0oxWowtkvDRVAAp5VX63yLyjQi-Oat4a5X8Wwio9-liGn1pE1_X630qJDILaIiQIIB-IoOuSEKQc0Sw)

Approve APEX and WETH.Then click **“Add Liquidity”**,and confirm the transaction on wallet.

![](https://lh6.googleusercontent.com/6QOt4DUP_7XKLvP8Qb3VCDL6SdDRssJ1yzFwBUC0o1jZF_IvYiCLTkCppdrUjf7l3WW0M6ZO_J1yAAAXaTIlQobRd1tAKTBglXNCmttDnp-WRpNGhWv_qFHGl3if3C3Us8S3WZFCg6GW2da0Ww)

5.After you click **"Add Liquidity**" , we will help you to get a Positions NFT from Uniswap V3.

![](https://lh6.googleusercontent.com/aWEARyO-pDw-JI9eHgD11VUSDID_TVa8BlTGZIRnFI1YiwyP5TrP1QH8-b8U2M6ynIH_oXJFJoRKhhiI-9nOrjwfB9pk-wD4yFRLLP98SjOwPVi-TZDhc_YF6hP1KCbvhKLpLopp9dEVNhYLpw)

6.Then we will stake your UniSwap V3 NFT on LiquidBox automatically.

7.You can choose a boost rate here, and the rate up to 2.5x.This process needs some $iZi to stake.

![](https://lh5.googleusercontent.com/V5DBDghZ6VgjoJGDWBS5gPs3Izr_OfGAUXhm81xT8DRIf1oH33xr8aCGe10XJWiq2vP-huHm2PYo8ZkejQfThIoF6Gy6oCda4G9JMHXWZoPKFm5JADtsfnQPPkRfpaB6S5C6DxQ7qdaJVZa_bw)

8.When you have a liquidity mining position in iZUMi, you can boost the APY with “Boost”.Click **“Boost”**

![](https://lh3.googleusercontent.com/lic9T0I-JZh3pGjQPD07RGhtccajNwwvNipe_Osl5kMv06Oa-9lFlRbYdZ2EXWroOIjWK2jkJDZxaOcmzMsjkKLSSk99MzFF6iSPfLwgvxbSNo7FbrRRXzfDeH6X07880pYTBzvuIlJxpzT4DA)

9.Input the amount you want to stake,Click **“Approve iZi”** then click “Boost”

![](https://lh5.googleusercontent.com/wx2HDjJgYuaKVEB97YK1yU8drZc6ipWIAZ3ycDTlJb3-t12CGM7t-g2b-G-A--gXLcRkCbRIVtuuQ3EVLGSdwjRvvqWv3wkzl8wBXtDm1OVEop4GGi1LlWkFqTDOPQJC45O-CGxwoonelmKslw)

10.Click the **“Harvest all”** or each **“Harvest”** button, the reward will be sent to your wallet.

![](https://lh5.googleusercontent.com/_irlYdzsgfSrT8fdPtZt2gBxP_pj6FLiScyP88rIkrGenOr0E_hFvTuGXkbrGQmZY8B6RUG0VTracW9NI-bpyALDBc4WR9u1zbdXp-i3N14KK6XwcW8IdqqIEJn6Hr7KEdk-gF4WWTDh7joF9A)

11.About withdraw, you should firstly **“Unstake”** your NFT. Your position and rewards will be sent to your wallet automatically in a few minutes.

![](https://lh4.googleusercontent.com/_7Get9WSPhfGkcg3lYoCarVdGZtMY8oFaEjF_V-h8Ep_xs-QY8F6wbv14h80UcCW9lo10KPCixU1QkpUHCx3jM_WE7S96_sNM8a6BxexaTK7xzJ2fHj0Y0M1IlV1wPn9T5qiRTmVzlwy8gH_4A)


# How to earn the most rewards in iZUMi’s LiquidBox?

The best strategy to earn  rewards is to set the price range on Uni V3 exactly the same as the izumi liquidity mining price range, which will enable the liquidity providers to earn the most profits.

The rewards for LiquidBox will be distributed as iZi tokens combined project tokens, which are provided by each project team to incentivize their tokens’ liquidity.

In izumi's LiquidBox, the algorithm converts each NFT into an FT to calculate the percentage of rewards that should be earned for that NFT. The algorithm for converting NFTs into FTs is freely customizable, and the izumi official version is used by default, which is the following:

$$
vLiquidity=L\*N^2
$$

The “L” is the Liquidity contained in the NFT and “N” represents the number of ticks contained in the part of the incentive price range that overlaps with the NFT liquidity placement price range.

$$
N=max\[min(tick\_Upper,Rewardtick\_Upper)-max(tick\_Lower,Rewardtick\_Lower),0]
$$

The “vLiquidity” computed by the izumi official version will calculate the proportion of the incentive reward that each NFT receives in each block:

In one block,&#x20;

$$
Reward(NFT\_i)=Reward per block/ Sum(NFT\_i)
$$

![](https://lh5.googleusercontent.com/_ERCJoAM0KNqvBKglObM0qSIdWN9s9DzF8Dfk652xBjkeMOnVmN6CBVBuMQMsAaKyYKZZxm6sHPKyIzBNlFUMV4UaeMHcfUCUgfGJ0F7TZ9jGocT53MpTOfwF1Za5VB-81GlZ88a=s1600)

As the graph shows, the user provide liquidity that covers n price ticks on Uniswap V3 and the liquidity mining program have the specific incentive price range with N price ticks. Then the vLiquidity will only calculate the part of n price ticks that are included by N price ticks. The formula is as following:

$$
vLiquidity = L \* ( ninside / N )^2
$$

herefore, if the liquidity (user’s fund) is constant, the best strategy to earn more liquidity mining rewards is to set n same as N, which will let the above function to get the largest result.

This version of the algorithm has the following features:

1.Inclusiveness:&#x20;

LP will get rewards when the price range in the NFT of Uniswap V3 overlaps with the price range of the liquidity mining inventive.

2.Effective bootability:

Based on the same amount of token0 and token1, the maximum gain is obtained when the upper and lower bounds of the liquidity price range overlap exactly with the upper and lower bounds of the liquidity mining incentive price interval. For example, the user, who provides liquidity into a very small price range, will get a large Liquidity number and a small $$N$$, and eventually the liquidity mining incentive weight obtained by$$L\*N^2$$ is less than the case of tiling the token to complete the incentive price range.

Note: This algorithm for converting NFTs into FTs is freely customizable, and the above is the default version for Ethereum Mainnet. izumi will publish advanced default versions of incentive algorithms when launches on Layer 2 and other EVM compatible blockchains with low transaction fees to better compensate liquidity providers’ impermanent loss.


# How to use veiZi

veiZi is our DAO token that is based on ERC721 standard. Currently, such functions are supported of veiZi: voting, dividends, boosting.


# How to get veiZi

1\) To obtain veiZi token you need to launch iZUMi finance app and connect your wallet of Ethereum network, which has iZi token on it.&#x20;

2\)Choose veiZi category and Locker subcategory subsequently. After clicking on the "Lock iZi" button you will see a pop-up window

![](https://lh6.googleusercontent.com/zTHrMLNB5Ty0XKsVLpXcmh1p1EhGDYqqn8fsmoi6HjVRubvp_IJzbVek7KWLfYq072z5OwwI7iftj6L9U6KFo5KyEKPU63OnM7ZrOTie6ud8MYkaT06cyemkULPK-vtKwf4q_6TXkP3cQIWqWw)

3\) Choose a lock time period and click on "Lock iZi" button. The longer you lock iZi for, the more veiZi you receive. The minimum lock-up time is 7 days and the maximum is 4 years.&#x20;

![](https://lh6.googleusercontent.com/Rb6VFAdgKL_2Slq5w0jTlCbZwz8jn5lnbd9JA6S-p6PcyVImMEj6YRhRMkg6-IrrqRb04m85Cw7FFKHggBUhgp_XcOg9iPWSO9W0McVZKL3-w2NF5mnYLnYVR47viGZszHQT4pVgXQyyDHHHbQ)

You can check you veiZi NFT on “My veiZi NFT”

![](https://lh5.googleusercontent.com/5_GjIkjM7Y95KWdOocT-MLqaXlhLRmLYS7fU95rQH283tDnHEc373K3cBGXmdgO_ZqkPd2MwwhS_dLBBC2s_p4bBuhtd8oTfu9y1yows3YoDnnm3J6bCowU4mEsvra-qpUnN3PBDj5D7ALBjIA)


# How to stake your veiZi

1\)Click  "Manage" on the left side of your NFT.

![](https://lh4.googleusercontent.com/tmbJMf6nxgHQwKw3giMbftobJ5flZ0LEbx-uo_RaEgxM274_chhurYIHSDrtj6VgQr-NVI4TDrQ0GrXBaAe15Uds1WLf02NqFcwR_hKXbxQP1Pv-uGf0dFvEQgmpAbOY8VE5j_JCdJazqW33cQ)

2\)The next is to stake your veNFT and start earning rewards and revenue from iZUMi. Moreover, you can boost your APR if you participate in liquidity mining with iZUMi.

Stake => Confirm stake

![](https://lh5.googleusercontent.com/Mjr3eMJTxk7MBXmx53BVYPD5hZumIgDOrB09gcgYgtVf9T6kbtPkmTqPfoSc_qbisnnZF8vnVjQc62znUvLhD1EL9UT-lH6O1W6s1HziYz3RN6ADfynnFtHlvnSikssqiES9AOE-yjPjtG6aUg)

![](https://lh4.googleusercontent.com/w82qH5Nd-xNoD4dEXMf5XDWWegRHa3eo-MdF5F9dqitOoP3na1W0vYmedazhTlIcOYVsLQEh43z6NyGG6QjMyGU5DXUWdYrUVcH13L4RCgj9_EKrR-_J8t4WXYf9aThNCjLR_PhY4SzJ44W4pQ)

3\) If you want to extend lock-up time or add more izi of your veiZi NFT, click "Lock More/Extend time" button within your NFT management dashboard.

![](https://lh6.googleusercontent.com/X-lBiFtwGdcLK3CxXJU2y2qLOB_cx9A9AkS_CLjE8qAc1S5wDZobLBal1KsLCyNjAvbPC37fLoJruDZ9aWbiwRpmCU8DcZzgKj4SSyMkk9KrUDyaiXo_1KamlXAqUKNFHr0rOxYL69WD0PT6bg)

4\) Enter the amount and click "Lock iZi" if you only want to add more iZi to your existed veiZi NFT.\
For extending lock-up time, change to the bigger time that it was initially and also confirm the changes by clicking "Lock iZi"\
You could extend iZi amount and lock-up period in one move. See the screenshot below:

![](https://lh5.googleusercontent.com/W1oaY_QnaWtEthB0KJI48OmsgwVv0QjncKly7c1GblUHebDYfX7JuMAocQW3bqGEnom0OiVuRE0caFiKQDAD8JPdLVw7MGS3AlyA7GHe_T7SysiQjrZoWcdwSREbaebV0O_NKqFthv7FYj1AOw)


# How to claim your reward

In “My veiZi NFT”,you can see all veiZi NFT you have.And if you have staked,you can click “Harvest” to claim your reward.

![](https://lh5.googleusercontent.com/2nVHsLFVheFmF1-F0PtFlieWz2ecDF2HSqxowezv_YMvAH8cWPZzYNCp9EnPDVF8XcPjS3y-Tn9boBBlQ-doJlc-JL9dd8Gmf1w7oD-AEHbJU5KI9YZoKv514_OahFA8pYmqAG6JHl9XfCBvHA)


# How to merge your veiZi

Consider the following, if you want to merge two veNFTs, therefore, you will get a combined C veNFT sum of A and B for the B's NFT locked time.

1\) You should be able to see your NFT's id, which you want to merge, in the "Locker" subcategory.

![](https://lh3.googleusercontent.com/tE93u2FYvkvCAnlEUVVPuCplTKNvdys6mcqGBfym360Z8TpgFQFs-wfUAMKY4pTf83FdS4ivoi4uSEuPfsQLWJytuqWL3zmJ11nWHiPDFOile3yBS_WM9aJckk-CGU3xEeiSSzovOFryJ-PE7w)

2\) Click "Manage" on the left side of your veiZi NFT, which has a shorter lock-up time. Also, keep in mind another NFT's id(in the following example is 345 ). If the 349 NFT staked kindly UNSTAKE NFT for the following process.

![](https://lh3.googleusercontent.com/RczFRIM-9TKXMFuDKEVLiV0KidEmZJfEhRgPVXtGs1AO4hjmdLZWIRFq0gQvl1RmXG8MupJOVjYt8DKhAj7B84__l7JWr8XhkBEMns8EKY-ZqPxeJHh3iSymQz0vJza_2mbD92Ja-6yuTaGHnw)

**3)** Find a search placeholder at the bottom of the page, input B's NFT id, click search, and the "Merge to" button.

![](https://lh3.googleusercontent.com/J2OYQ1HIpbmqMNB__f_Uy8SdvEkNFZ4b50hG6kKhc8t6U02TQMv5yOotZnWw2SPXZLslFboeh5S0n1nsEEtOgVOABsXLY05LWMQ9TcUV_CdAbEjwhRx-bl2BkeSPqFkjcDU05ac8jkDxToct7A)

4\) Click "Confirm" and you will successfully merge into one veiZi DAO NFT

![](https://lh6.googleusercontent.com/wRqCSVFP3J7FNIBebIHb-ULxfpfxYL2w_RUrEx1VNZv9v8sIXiOo4prkAynisetvgkZ_1R6DYCuTHgRnSpFRuOg79DrBTS7bcDZp4Xs8Edt6KEiuzeGhXxTZiw9goV1FjgJpysu6thU_hTFIVA)


# How to withdraw your veiZi

1\) Step1:Click  "Manage" on the left side of your NFT.

![](https://lh4.googleusercontent.com/dFV1C_NC5AUv9kYvqxzq1n79dwoVH4LptTgCHrS6hiTo5aUUlRqftisF86ryfsGjj5_a5cukN9JKPU1rb5tbOQ4NkDXjOaTceX_9imzmWJK2pD5eyK93fGG6viPsWHw5-rgihWX84YNHO72fhg)

2\) Step2:Click "Unstake", however, you have to collect all your rewards before unstaking the veiZi NFT

![](https://lh6.googleusercontent.com/t532ESPKMyBvOTxaUjIRcNfp2B7ML2tPCnr9Wkvg7kaxz7q_rnDpZnSKPCP06dQSoGHYI8wzZzdxDcJWS25WZRyhMqVhffu_Y8e15TbLKbRpX-IU9imFVrqUQBhLtZ2mc3TTXTJvIgJqw7OVLg)

![](https://lh4.googleusercontent.com/hCmUdjnPUk7l0DcHhkMTnBfXefQkIXzX49ZZ7hBn4rWRZlDjCen6OYWviz164plQ_SIlMAFwM8dH-WI_DK_MS_Fyzoh4lKzcrTHpRghSSqoK4ithEVLl4W1v19cB2fX4xhP8n_hD9lwWXBKf0w)

**Please note, users cannot withdraw iZi from veiZi if the lock time hasn't arrived.**


# iZiSwap testnet guidance

A guide on how to add izumi network and detailed description of the functionality .

### Testnet creation, BNB faucet, and iZiswap usability

1. Create a new testnet account for your safety. <br>

![](/files/mwDv6JGm1AqR8wgg2zc7)

2\. To complete a configuration, we need to set up a “BSC Testnet” network. Open Metamask and click  “Ethereum Mainnet"

![](/files/OKThkLJVj6xWS1UWhVXy)

Choose “ADD Network”, and fill out the form with the following information:

**Network Name:** BSC Testnet \
**New RPC URL:** <https://data-seed-prebsc-1-s1.binance.org:8545/> \
**Chain ID:** 97 \
**Currency Symbol(optional):** BNB Block Explorer \
**URL(optional):** <https://testnet.bscscan.com/>

![](/files/aECG9COm2oOEJ0oF3Wng)

3\. Import iZi tokens to your MetaMask account.

iZi Contract Address: **0x551197e6350936976DfFB66B2c3bb15DDB723250**

![](/files/5vaw0mYX06XxKAMFka3n)

4\. Visit “Binance Smart Chain Faucet” and apply for BNB test token \
**Binance Smart Chain FaucetLink**： [https://testnet.binance.org/faucet-smart](< https://testnet.binance.org/faucet-smart>)

Input testnet Metamask address that you have created for the test and choose 1BNB from the drop-down box on the right.

![](/files/M5YoYhxgqs0AbqkXw8iB)

You may view the successful request in the following picture:

![Please note, every address can only receive 1 BNB in 24 hours time frame](/files/O7OGt1xVBTsJ5NNIU9FV)

5.Visit  **izumi testnet website**：<https://alpha.izumi.finance/trade/swap>. \
Click "Connect Wallet" button to connect MetaMask wallet, and switch to “BSC Testnet”.

![](/files/JtT6dvybcV4yNkthrs6Z)

6\. Choose the token to be traded and the amount to be transacted. In our case token A: BNB and token B: iZi. Also note, you need to keep some amount of BNB to pay transaction fees aka the gas fee for the further transactions.

![In the bottom right corner of the pop-up window, you can see the BNB/iZi token exchange rate.](/files/Dl3uZdyMC99WgPg9TTOS)

8\. To configure the trade slippage, click the Settings button in the top right corner of the “Swap” dashboard.

![](/files/1CPUVeiYuFxSfdGWLcIw)

9\. Click “Swap" and confirm the transaction on MetaMask

![](/files/kM7iVBcrzSXyvoHnNagn)

Wait for a bit; if the transaction is successful, a message will appear in the bottom right corner of the page.

![](/files/1T60lS9VW8ryMzxatylN)

### Limit order

1.Click “Limit Order” to the right of “Swap” and choose the token you'd like to be traded  (From: **token A**(you'd like to be traded), To: **token B**(you'd like to receive with the adjusted price).&#x20;

Choose the appropriate ”Fees Rate“. The pool with a rate of 0.04% has liquidity, **so we choose 0.04%** and approve iZi.&#x20;

![enjoy on-chain limit order function with izumi =) ](/files/yaCaJdXfdqFN0hjs1L4l)

2\. Input the amount of tokens you want to trade. We may begin by selecting the “Market Price” (which can also be found in the bottom right-hand corner of the pop-up window) and then adjusting your target price based on the market pricing.

**REMINDER:** Selling below the market pricing is not advised, and increasing the “Market Price” by not more than 10% of the current price to ensure your order is filled in a quick manner.

![](/files/4oSouZtV9Cw9xPMVNNIs)

3\. Click “ADD” and confirm the transaction on MetaMask

![](/files/IZDE9Fj53zv5EBuwmW2F)

4\. Click “My Orders”, all orders can be seen online (limit price, order time, transaction rate)

![](/files/iEU51VO5LEN6kx2Y9Lhy)

5\. If you want to **cancel an order**, you could click “Cancel” and you need to confirm on MetaMask.

![](/files/sGYbO0p5KL3DfZ0DBYCc)

6\. When your order is partially or fully completed, you can collect rewards on the "My Order" page and click "Claim"

![Click “Claim”,and confirm the translation on MetaMask.](/files/8p3SHUEAuLRuV2uQKG20)

### How to add liquidity&#x20;

1.Click "liquidity" => "add liquidity" &#x20;

<div align="left"><img src="/files/8bZ7VHW10QriPLtXx5qN" alt="Liquidity"> <img src="/files/pJl0I1eaYRrVnWbAQCcv" alt="Add position"></div>

2\. Select the token liquidity you want to add, here we take BNB and iZi as an example. Furthermore, select the transaction fee rate you are willing to charge.&#x20;

![](/files/SOuRovktD9iFXDa4EjWE)

3\. Enter the number of tokens you want to add and approve the use of iZi

![](/files/bBBswJbuIhW3zsTInTZp)

4\. After choosing the desired price range for 1 iZi in n-amount of BNB price range and the amount of iZi and BNB you want to provide, click create button and also confirm the transaction on metamask.&#x20;

![](/files/OPWGNOxuDnlB3SkqZPoP)

5\. In a moment, you will be able to see a pop-up window "add liquidity successfully"

![](/files/nFLVUZFrY0ET5E31T47L)

6\. Go back to the liquidity page to see provided positions with the range, fee rate, and TVL information.&#x20;

![](/files/W5lyu6QLZk921wG7X8qC)

7\. Collect swap fees:&#x20;

![](/files/usVmEOHBGYIu0rUGeKA2)

8\. Add more liquidity to existed position:

![](/files/wSpwiqJepc5gmKJLz0UU)

Be informed, that **you can not change the fee rate or price range to the existed position.**

![](/files/sUJoSng7DIKgW7BoW39S)

9\. Remove liquidity:&#x20;

![](/files/QW9idK2m7eDfGDFR534d)


# Developer Docs

https\://developer.izumi.finance/

<https://developer.izumi.finance/>


# Public Wallet Address

Multisig Wallet Address on Scroll:\
0x87cc9DCafE74a3CF333f0ea7bc56E52aEcf64E14


# iZUMi Research

**iZUMi Research is a team of experienced crypto analysts dedicated to on-chain liquidity and DeFi 2.0. It aims at contributing more in-depth content to the iZUMi community and the DeFi industry.**

* [**Opportunities brought by Uniswap V3 to governance token distribution along with liquidity mining**](https://izumi-finance.medium.com/opportunities-brought-by-uniswap-v3-to-governance-token-distribution-along-with-liquidity-mining-6f70e5b1cba1)**（July 4th, 2021)**
* [**Comparison between Uniswap V2\&V3 and improved liquidity mining strategies**](https://izumi-finance.medium.com/comparison-between-uniswap-v2-v3-and-improved-liquidity-mining-strategies-ee7cec101eea)**(July 4th, 2021)**
* [**The underlying logic of UniV3’s dominant DEX trading volume, and the fatal**](https://izumi-finance.medium.com/another-view-of-uniswap-v3-35e830cdef55) [**shortcomings that will lead to its disruption**](https://izumi-finance.medium.com/another-view-of-uniswap-v3-35e830cdef55)**(Oct 21th, 2021)**
* [**Why shouldn’t you be the liquidity providers on Uniswap V3 for now?**](https://izumi-finance.medium.com/why-shouldnt-you-be-the-liquidity-providers-on-uniswap-v3-for-now-7acd50cc2682)**(Nov 23th, 2021)**
* [**Uniswap V3 User Revenue Analysis and How to Improve It with LP NFT Mining**](https://izumi-finance.medium.com/uniswap-v3-user-revenue-analysis-and-how-to-improve-it-with-lp-nft-mining-558eeddd378b)**(Nov 26th, 2021)**
* [**Why is izumi the bridge between Uniswap V3 and DeFi 2.0 — What I have learned from Messari’s 165-page Report**](https://izumi-finance.medium.com/why-is-izumi-the-bridge-between-uniswap-v3-and-defi-2-0-1dba96a5cf5c)**(Dec 9th, 2021)**
* [**veCRV-ve(3,3)-veNFT** ](https://izumi-finance.medium.com/vecrv-ve-3-3-venft-e3a4e6330649)**(Feb 24th, 2022)**
* [**On-Chain Liquidity and DeFi 2.0**](https://izumi-finance.medium.com/on-chain-liquidity-izumi-research-3b772530a426)**(Apr 18th, 2022)**


# Disclaimer

iZUMi is a decentralized on-chain protocol that people can use to stake Uniswap V3 LP NFT to participate in Liquidity Mining. The product name is LiquidBox, which is made up of free, public, open-source or source-available software including a set of smart contracts that are deployed on the Ethereum Blockchain. Your use of the iZUMi Finance involves various risks, including, but not limited too, losses while digital assets are being supplied to the Uniswap protocol and losses due to the fluctuation of prices of tokens in a trading pair or liquidity pool. Before using the iZUMi platform and LiquidBox, you should review the relevant documentation to make sure you understand how the iZUMi Finance works.

By utilizing the Services or interacting with the Site(<https://izumi.finance>) in any way, you represent and warrant that you understand the inherent risks associated with cryptographic systems and blockchain-based networks; Digital Assets, including the usage and intricacies of native Digital Assets, like ether (ETH); smart contract-based tokens, such as those that follow the Ethereum Token Standard; and systems that interact with blockchain-based networks.

Izumi does not own or control any of the underlying software through which blockchain networks are formed. In general, the software underlying blockchain networks, including the Ethereum blockchain, is open source, such that anyone can use, copy, modify, and distribute it. By using the Services, you acknowledge and agree (a) that iZUMi is not responsible for the operation of the software and networks underlying the Services, (b) that there exists no guarantee of the functionality, security, or availability of that software and networks, and (c) that the underlying networks are subject to sudden changes in operating rules, such as those commonly referred to as “forks,” which may materially affect the Services. Blockchain networks use public/private key cryptography.

You acknowledge that the Services are subject to flaws and that you are solely responsible for evaluating any code provided by the Services or Site. This warning and others iZUMi provides in these Terms in no way evidence or represent an on-going duty to alert you to all of the potential risks of utilizing the Services or accessing the Site.

You alone are responsible for securing your private key(s). We do not have access to your private key(s). Losing control of your private key(s) will permanently and irreversibly deny you access to Digital Assets on the Ethereum blockchain or other blockchain-based network. Neither iZUMi nor any other person or entity will be able to retrieve or protect your Digital Assets. If your private key(s) are lost, then you will not be able to transfer your Digital Assets to any other blockchain address or wallet. If this occurs, then you will not be able to realize any value or utility from the Digital Assets that you may hold.

The Services and your Digital Assets could be impacted by one or more regulatory inquiries or regulatory actions, which could impede or limit the ability of iZUMi to continue to make available its proprietary software and, thus, could impede or limit your ability to access or use the Services.

You understand that the Service remains under development, which creates technological, trading, and other risks when using the Services. These risks include, among others, delays in trades, withdrawals, and deposits resulting from the servers of iZUMi being offline; an incorrect display of information on the Site in the case of server errors; or transactions using the Services being rolled back in the case of server errors. You acknowledge that these risks may have a material impact on your transactions using the Services, which may result in, among other things, failing to fulfill transactions at your desired price or at all.

You acknowledge and understand that cryptography is a progressing field with advances in code cracking or other technical advancements, such as the development of quantum computers, which may present risks to Digital Assets and the Services, and could result in the theft or loss of your Digital Assets.

You understand that the Ethereum blockchain remains under development, which creates technological and security risks when using the Services in addition to uncertainty relating to Digital Assets and transactions therein. You acknowledge that the cost of transacting on the Ethereum blockchain is variable and may increase at any time causing impact to any activities taking place on the Ethereum blockchain, which may result in price fluctuations or increased costs when using the Services.

Although we intend to provide accurate and timely information on the Site and during your use of the Services, the Site and other information available when using the Services may not always be entirely accurate, complete, or current and may also include technical inaccuracies or typographical errors. To continue to provide you with as complete and accurate information as possible, information may be changed or updated from time to time without notice, including, without limitation, information regarding our policies. Accordingly, you should verify all information before relying on it, and all decisions based on information contained on the Site or as part of the Services are your sole responsibility. No representation is made as to the accuracy, completeness, or appropriateness for any particular purpose of any pricing information distributed via the Site or otherwise when using the Services. Prices and pricing information may be higher or lower than prices available on platforms providing similar services.

Any use or interaction with the Services requires a comprehensive understanding of applied cryptography and computer science to appreciate the inherent risks, including those listed above. You represent and warrant that you possess relevant knowledge and skills. Any reference to a type of Digital Asset on the Site or otherwise during the use of the Services does not indicate our approval or disapproval of the technology on which the Digital Asset relies, and should not be used as a substitute for your understanding of the risks specific to each type of Digital Asset.

Use of the Services, in particular for trading Digital Assets, borrowing or supplying Digital Assets, may carry financial risk. Digital Assets are, by their nature, highly experimental, risky, and volatile. Transactions entered into in connection with the Services are irreversible, final and there are no refunds. You acknowledge and agree that you will access and use the Site and the Services at your own risk. The risk of loss in trading Digital Assets can be substantial. You should, therefore, carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

By using the Services, you represent and warrant that you have been, are, and will be solely responsible for making your independent appraisal and investigations into the risks of a given transaction and the underlying Digital Assets. You represent that you have sufficient knowledge, market sophistication, professional advice, and experience to make your evaluation of the merits and risks of any transaction conducted in connection with the Services or any Digital Asset. You accept all consequences of using the Services, including the risk that you may lose access to your Digital Assets indefinitely. All transaction decisions are made solely by you. Notwithstanding anything in these Terms, we accept no responsibility whatsoever for, and will in no circumstances be liable to you in connection with, your use of the Services for performing Digital Asset transactions.

We must comply with Applicable Law, which may require us to, upon request by government agencies, take certain actions or provide information, which may not be in your best interests.

You hereby assume, and agree that izumi will have no responsibility or liability for, the risks set forth in this Section. You hereby irrevocably waive, release and discharge all claims, whether known or unknown to you, against izumi, its affiliates, and their respective shareholders, members, directors, officers, employees, agents, and representatives, suppliers, and contractors related to any of the risks set forth in this Section.


