Strategies
The Strategies page allows you to engage in curated borrowing strategies to maximize value-accrual on Dolomite.
Last updated
The Strategies page allows you to engage in curated borrowing strategies to maximize value-accrual on Dolomite.
Last updated
Dolomite Strategies are prebuilt positions that you can create with just a deposit and a click. These strategies are designed to help you maximize the yield that you earn, rewards you earn, price exposure you have to an asset, or some combination thereof. For newer users, this greatly simplifies the process of creating your own strategy from scratch using a Borrow Position.
To begin, locate the Strategies page on the navbar, or by going directly to the page using the following link: https://app.dolomite.io/strategies. On this page, you'll be greeted with a few core modules:
Dolomite Balances Displays all the assets in your Dolomite Balance available to utilize. To modify your Balance, you can swap between assets, or deposit or withdraw funds.
Active Strategies All the Strategies on the current chain that you are you have actively deployed. Click the Manage button on an active Strategy to claim any addition rewards or to close the position.
Browse Strategies Available strategies to use on all chains. Provides you with many ways to filter strategies, such as highest APR, risk factor, and chains.
Filters Tags to filter the Strategies by — ideally used to find your perfect Strategy.
Each strategy may provide a wide variety of rewards, asset exposure, leverage, or more. So in order to find a Strategy that matches your interests, we recommend using both the Browse filters and Strategy tags.
If you perhaps want to filter the strategies in a more general manner, browse filters are available. The browse filters provide you with three main methods to sort all the available strategies:
→ APR - Sort by highest or lowest APR provided inherently by the Strategy. → Risk - Sort by the three broad levels of Strategy risk - low, medium, high. → Chains - Sort by specific chains, current chain, or all chains.
The risk attributed to a strategy incorporates aspects such as leverage, price correlation between collateral and debt, and price exposure, among others. It is meant as a broad, but not comprehensive, indicator of possible risk. No strategy is without risk. Ensure that you understand the risks involved before utilizing a strategy.
To go above and beyond finding your perfect strategy, select Tags available on the Filters module. Tags are also listed on each strategy.
Hover over each Tag for a brief description of what it represents.
Tags are depicted with two distinct categories — Strategy Type and Reward Type. The Strategy Type tags are meant to give users an understanding of what methods the strategy employs, or what leverage is used. Reward Type tags represent that a Strategy is earning a specific reward, or has a specific yield source.
After you have filtered to find a set of strategies that fits your preferences, you can pick the best Strategy for you. Each strategy card displayed in the Browse Strategies section is equipped with general information all about it. The diagram below presents a breakdown of each label a strategy has.
In general, the risk meter will provide you with a guide of how inherently "risky" a Strategy is. You can hover your mouse over the risk meter to see further information on the risk of the strategy. As its simply a estimated metric, it is advisable to do your own research on the risk brought in by the assets, protocols in use, leverage used, and other associated risk.
Once you've decided on your Strategy, click the grey Create Position button. This will bring you to a more comprehensive Strategy panel. The left side will provide you with a full breakdown of the APR provided from the Strategy, along with a few brief descriptions of how it works and risks involved.
The right side's Deposit Amount section allows you to enter an amount from your Dolomite Balance you wish to utilize with this Strategy. After an amount is entered, the New Position section displays a preview of the future position, the yield that it will be earning after creation, and transaction details. Feel free to use the toggles to display the yield in different styles.
Once you have reviewed everything, clicking the green Create Position button will initiate the transactions in your wallet. After a successful transaction, you will see your Strategy displayed in the Active Strategies section, and will begin earning!
While the Strategy page provides users with a brief overview of the components of a strategy, it is recommended that users conduct their own research to gain a full understanding of assets, risks, and volatilities.
All currently active strategy positions created are displayed at the top of the Strategy page under Active Strategies, which will display relevant position information such as current yield, position equity, and position health.
Clicking the grey Manage button will pop up a panel to observe the strategies performance, claim available rewards, and the option to close the Strategy position.
The left side will provide you with the entire breakdown of the APR provided from the Strategy, along with a few brief descriptions of how it works and risks involved.
On the right side of the Strategy position, a complete breakdown of rewards earned is provided, along with other relevant information. For rewards that need to be claimed, click the claim button, which will link you to where it can be claimed (either native to Dolomite or third-party). Abstract rewards that have no claim button are typically credited inherently to the wallet that owns the Dolomite account (i.e. points).
Close the Strategy position by clicking the Close Strategy And Withdraw button, which will populate a transaction estimate and route below. After clicking Confirm Close to initiate the transaction in your wallet, the Strategy position equity will be added to your Dolomite Balance. With a successful transaction, the position will be removed from the Active Strategies module.
When a strategy is closed, it overpays your debt slightly to ensure the full debt is paid. As a result, when a strategy is closed you will receive two assets to your Dolomite Balance - your collateral asset will be the bulk of what goes to your Dolomite Balance, but you will additionally receive some of the debt asset in the strategy.
Want to display or share your Strategy position with others? Simply click the "SHARE" button at the top of an Active Strategy to modify and generate a savable image of your Strategy position!
