MODULE 4 · LIVE
Opes: the stability pool
DEPOSIT DOS, BUY LIQUIDATIONS AT 50% OFF
Opes stands behind Veritas. Your deposited DOS buys the fallen collateral at half price. The discount is your pay for standing there.
Deposit DOS and you hold a share of the pool. When a Veritas position falls, the pool buys its dDOS at half the live value, and every depositor absorbs a piece of it at the same moment, by the same rule. Your DOS shrinks as it buys; your claimable dDOS grows. You are buying other people’s liquidated collateral at half price, with money you already agreed to spend on exactly that.
The DOS the pool spends is not gone. A permissionless bot sells it back into the PumpSwap pool, one small slice at a time, never more than 1% of the pool in a single transaction, so the selling cannot crush the very price the oracle reads. The SOL returns to the reserve.
If one liquidation eats the whole pool, that round ends and a new one begins. Whatever dDOS you earned in a dead round is yours forever. Come back years later and it will still be waiting.
PARAMETERS
- DISCOUNT
- liquidated dDOS is priced 50% below the current curve ratio
- YOUR REWARD
- a pro-rata share of the absorbed dDOS. Claim any time
- RECYCLING
- the spent DOS is sold on PumpSwap and the SOL goes back into the reserve
- MINIMUM
- 1 DOS
- WITHDRAW / CLAIM
- any time, never blocked