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# What is Delorean?

Delorean is a way to get your future yield, today.

You can take yield generating tokens, like GLP and GMX, and get up to two years of expected yield upfront, with a discount to compensate the lender.

For a lender, you can get access to yields from tokens, without exposure to the price of the underlying.

Alice has 50,000 GLP. It has an average APY of 20%, and it is expected to generate a total of 10 ETH over the next two years.

Instead of waiting a year to get that 10 ETH, she can use Delorean. She makes a swap with the liquidity pool and receives 9 ETH today. She will pay back 10 ETH over the next year, paying an 11% APR.

On the flip side, Bob has 9 ETH. He makes a swap with an Delorean liquidity pool, and buys future yield. He gets 10 ETH over the next year, netting him a profit of 1 ETH at 11% APY. He is not exposed to the price fluctuations of the token generating this yield.

Last modified 6mo ago