FAQ

What is a Protected Single Pool?

A Protected Pool is a wrapper on top of a yield-bearing pool contract that has built-in guardrails to protect against significant risks, such as impermanent loss.

How do I deposit into a Protected Single Pool?

You can deposit your assets directly into the Protected Pool via the Strategies Page. The assets you need to deposit will depend on the requirements of the underlying yield-bearing pool.

What are Protected Omni-pools?

Protected Omni-pools are a collection of Guarded Single Pools. Instead of depositing liquidity into a single pool, Omni-pools enable users to deposit into several pools with once click, while still benefiting from the protections single pools offer.

What happens when the algorithm withdraws from the Pool?

Funds are held in the smart contract in your base asset but no longer deposited in the underly strategy/Liquidity Pool. Funds sit at the contract address and the user can withdraw them if they wish, or wait until the pool health improves and they will automatically be deposited again.

Can I take leverage when depositing into a Protected Pool?

Currently, no. But soon, yes. You will be able to choose to take leverage when depositing into a Protected Pool, both Single and Omni-Pools. This involves borrowing funds from Archimedes to increase the size of your deposit. However, taking leverage also increases risk.

Is Archimedes V2 Audited?

Initially, the Protected Pool strategies code is NOT audited. But the protocol is already working with Halborn Security on performing extensive Audits to the code.

Is Archimedes planning to go to other chains?

Yes, Archimedes’ Product strategy includes going cross-chain. Currently, Archimedes is only on Ethereum Mainnet, but it plans to deploy on other chains in the future. More on this topic soon.

How can I contribute to Archimedes?

You can join the community in Discord and check out the current contribution programs live in the Archimedes’ Community page.