Token Flow

Fig 32. Displaying the user flow for earning Ori Points at a long delta leveraged exposure to AAVE with the AAVE-USDC-long 1.5x vault.

1. Users deposit AAVE into the AAVE-USDC-long 1.5x vault for shares

2. Users burn their shares of AAVE-USDC-long 1.5x for USDC when exiting

3. AAVE-USDC-long 1.5x farms ORI points on Origami

4. AAVE-USDC-long 1.5x vault borrows USDC to swap into AAVE for 1.5x Effective Exposure

5. AAVE-USDC-long 1.5x vault supplies AAVE to Aave Protocol

6. AAVE-USDC-long 1.5x vault farms Ori Points at 10x

7. Rebalancing down triggers the AAVE-USDC-long 1.5x vault to borrow more USDC using flashloans

8. Rebalancing up sells AAVE into USDC to pay down debt owed to the Aave position