A FIXED INCOME VAULT
Two sides. Matched per vault.
FIXED · DEPOSITS THE PRODUCTIVE ASSET
Gets paid up front.
Deposits the Uniswap LP pair, gets the premium in cash on Day 0.
PREMIUM ⟶
PAID UP FRONT
PAID UP FRONT
⟵ ALL FUTURE
YIELD
YIELD
VARIABLE · PAYS THE FIXED LEG UPFRONT
Keeps all the yield.
Pays the premium upfront, collects every trading fee the LP earns for the full term.
A REVERSE ZERO-COUPON SWAP ON UNISWAP V3 LP POSITIONS