How does Multiple work?

The mechanism of Multiple is quite simple. Suppose you have some available liquidity and want to make some profit off it. Then you basically have two options. The first option is to operate your liquidity on your own. But this requires specific skills, consistent practice, and a lot of knowledge, asides from being risky. Alternatively, you could let professional investment managers do it for you.

GPs in Multiple are the only stakeholders with a Work Permit. You can only get a Work Permit if you meet a certain set of criteria that prove your strategies are profitable. If you start making loses after obtaining a Work Permit, you lose the Permit and cannot manage the LP’s funds anymore. Multiple designed this system, named Proof of Profitability, to ensure that all the members of the platform makes profit.

About Multiple

Multiple Protocol is a Decentralized Finance (DeFi) protocol based on Ethereum that allows expert traders (GP) to provide professional AMM liquidity strategies, which in turn ensures users (LP) securely benefit from the best yielding products.

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Multiple Protocol - Unlocking the next phase of #DeFi, a playground for expert traders to provide professional trading AMM liquidity strategies on Uniswap V3