Element Protocol Docs
GovernanceCommunityXForum
  • Element Protocol Documentation Portal
  • Getting Started
    • Buying Fixed Rate Assets
    • Earning Variable Rates
    • Providing Liquidity
    • FAQ
    • Glossary
  • Element Protocol
    • Concepts Overview
    • Principal Tokens
      • Use Cases
    • Yield Tokens
      • Use Cases
    • Market Forces
    • Providing Liquidity
    • Element Protocol Smart Contracts
      • Core Protocol Contracts
        • Wrapped Position
        • Tranche
        • Tranche Factory
        • Interest Token
        • User Proxy
      • Integration Contracts
        • Yearn Vault Asset Proxy
      • Custom Balancer Curve
        • Convergent Curve Pool
        • Convergent Curve Pool Factory
  • Developers
    • Public Release Changelog
    • Elf SDK
    • Deployment Guide
    • Security
      • Oracles
    • Github
  • Governance (Council)
    • Council Protocol Overview
      • Voting Vaults and Delegation
      • Governance Steering Council (GSC)
    • Council Protocol Interface
      • Overview
      • Proposals
        • Guide: Voting on a Proposal
      • Delegate
        • Guide: Delegating Voting Power
          • DAO (Social) Proposal Template
          • Protocol (Executable) Proposal Template
    • Element Governance Proposal Framework
      • Guidelines of the Element Governance Proposal Framework (EGPF)
      • Venues For Participating in Governance & Discussion
      • What Governance Controls Today
        • Current Protocol Parameters
        • Current Governance Parameters
      • Current Governance Roles
      • The Governance Process
        • Proposals & Proposal Types
        • The Proposal Process Overview
        • The Proposal Lifecycles
          • DAO (Social) Proposal Lifecycle Breakdown & Criteria
          • Protocol (Executable) Proposal Lifecycle Breakdown & Criteria
        • Off-chain Voting Information (Snapshot)
        • On-chain Voting Information
    • Council Protocol Smart Contracts
      • Core Voting
      • Voting Vaults
        • Locking Vault
        • Vesting Vault
        • Governance Steering Council (GSC) Vault
      • Timelock
      • Treasury
      • Spender
      • Optimistic Grants
      • Optimistic Rewards
      • Simple Proxy
    • Airdrop
      • Storage
      • Guide: Discord ZK Claim Flow
      • History
    • Glossary (Governance)
    • Audits
    • Deployed Contract Addresses
  • ELFIVERSE
    • Guide: Mint Your ELF NFT
  • Community
    • Discord
    • Blog
    • X
    • Telegram Announcements
    • Youtube (Community Calls and Video Guides)
Powered by GitBook
On this page

Was this helpful?

Element Protocol Documentation Portal

Welcome to the Element Protocol Documentation Portal

NextBuying Fixed Rate Assets

Last updated 3 months ago

Was this helpful?

Element Protocol is a decentralized finance protocol that enables users to seek high fixed yield income in the DeFi market. Users can access, via the ecosystem and existing AMMs at a discount without being locked into a term, allowing the exchange of the discounted asset and the at any time. The fixed rate income can be secured with the exchange of any major base asset. The Element Protocol does not require trusted intermediaries and allows for fast and efficient trading of fixed and variable yields.

Types of Users

Within the Element Protocol, there are 3 types of Users.

These are the users who BUY PRINCIPAL TOKENS at a discount facilitated by our AMMs. Users are ONLY earning a Fixed Rate if they BUY PRINCIPAL TOKENS AT A DISCOUNT, Users who Mint Principal Tokens and Yield Tokens are not earning a Fixed Rate.

These are users who DEPOSIT THEIR BASE ASSET into Element Protocol to MINT PRINCIPAL TOKENS AND YIELD TOKENS.

These are users who provide liquidity into the Element Protocol AMMs. Users require both Principal Tokens as well as the underlying asset to provide liquidity into the fixed rate AMM and will earn trading fees.

base asset
Fixed Rate Buyers:
Variable Rate Depositors:
Liquidity Providers: