Izah Michael
2 min readOct 23, 2021

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After several years in cryptocurrency one will not but be impressed by what SIL Finance has done in the

cryptocurrency space, its Defi and decentralized project being one of the best in game which is based on

smart contract. Its single sided yield aggregator which is a one click hedging has adventurous functional

NFT farming card add-ons. So ladies and gentlemen brace up for this an overview of SIL Finance from an

observer point of view.

AN OVER VIEW OF SIL FINANCE FROM AN OBSERVER POINT OF VIEW

SIL Finance: SIL Finance is a single-sided yield aggregator with one-click hedging, effectively making it a

perpetual contract capital fee arbitrage instrument. When you open a position, you’ll short sell the

perpetual contract for the same amount as the coins you’ve invested with adventurous functioning #NFT

farming card add-ons, or it’s a decentralized automatic investing platform based on smart contracts in

formal form. Its automated investment platform is based on smart contracts, which are a decentralized

system that isn’t managed or governed by anyone. Its goal is to provide consumers with DeFi

(decentralized finance) financial management services.

The SIL’s model is unusual in the DeFi market; its single-sided functionality is entirely given by users, and

the product gives the community all of the options available, making it far more open than comparable

solutions. Mining earnings will be distributed proportionally to all users; there will be no intermediary

and no principal commission fees. It automatically chooses and configures items that best meet users'

needs, making even the most complex liquidity mining simple.

SIL provides dual-token liquidity for variable swaps. In simple terms, SIL creates two tokens, one for fund

raising and the other for utility. This distinguishes security tokens from utility tokens. A dual token

usually has one token for security or investment with access restricted to accredited investors, while all

SIL holders are responsible for platform management. By introducing smart contracts, which are critical

to how the system works, two tokens allow for various attributes, multiple incentive systems, and more

options for users.

Hedging

A simple tool to help you hedge market risks by depositing the tokens you care about and earning more

tokens when the market fluctuates. Best for Sharp Traders, this aids in risk management by taking a

position in the opposite direction of the current open position in a certain asset. With a portion of the

initial trade’s exposure hedged, less money will be lost, and you’ll be less concerned about the market

going against you.

Whereas you might have to keep track of an open position on a frequent basis in case the price changes,

hedging helps you save time by ensuring that even if the price changes, you won’t have to close, open,

or make any adjustments to the trades.

CONCLUSION

In conclusion SIL Finance is simply one of the very best in the game for Knowledge about SIL Finance

and Its products. Follow its Socials on:

Website: sil.finance

Telegram discussion: https://t.me/sil_finance

Discord: https://discord.gg/jq7CpjkWUm

Medium: https://sil-finance.medium.com/

Github: https://github.com/sil-finance

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