FAQs
Below, we've answered some questions you might have about Multipli
General
What is Multipli fi?
Multipli fi is a multi-chain yield generation protocol designed to address two key challenges: the limited number of cryptocurrencies on which yield can be generated and the typically low yields.
How does Multipli work?
Multipli leverages delta-neutral arbitrage strategies in spot and futures markets to offer high yields on native tokens and real-world tokenised assets (RWA).
How does Multipli generate yield?
Multipli generates sustainable yield through risk-free arbitrage strategies, leverages derivatives and LST (liquid staking tokens) to optimise capital efficiency, and exploits funding rates and price differentials for profit.
What is Multipli's delta neutral contango strategy?
This strategy aims to profit from the difference between the spot price and the futures price of an asset.
What is the anticipated return / projected yield?
Multipli offers a yield ****range of 5-25%, which surpasses the best offers currently available in the market, especially for traditionally non-stakeable tokens like BTC.
Is Multipli fi intended for retail or institutional investors?
Multipli is designed to cater to both retail and institutional investors.
Transactions
What are the criteria for getting referral rewards?
Currently, referrals need to have at least $5 worth of assets in their mainnet wallet, on any of the below networks:
ETHEREUM
MATIC
OPTIMISM
ARBITRUM
POLYGON_ZKEVM
MODE
MANTA
AVALANCHE
BSC
BASE
Which wallet(s) does Multipli support?
Currently, Multipli supports over 440 wallets including Metamask, Braavo, Trust Wallet and WalletConnect.
How do I buy tokens on Multipli?
You can easily buy tokens on Multipli by following these steps:
Connect your wallet to the Multipli fi platform.
Choose the token you want to buy.
Enter the amount you wish to buy.
Confirm the transaction and wait for it to be processed.
How long does it take for deposits to be processed?
Deposits on Multipli are processed within 2-3 minutes.
How do I withdraw my assets?
You can easily withdraw your assets by following these steps:
Connect your wallet to the Multipli fi platform.
Select the asset you wish to withdraw and enter the amount.
Confirm the transaction and wait for it to be processed.
How long does it take for withdrawals to be processed?
Withdrawals on Multipli are processed in 7 days.
What is the minimum amount I need to get started on Multipli?
You can begin generating yield on Multipli with just $10.
Are there any fees for deposits or withdrawals?
No, Multipli does not charge users for deposits or withdrawals. There is a small fee which you might have to pay for deposits and withdrawals in ETH but that is the blockchain gas fee, for using the blockchain network. Multipli, as a platform, does not receive any proceeds from this fee.
Tech Behind Multipli
What is a ZK-based cross-chain yield protocol?
A ZK-based cross-chain yield protocol is a system that uses Zero-Knowledge (ZK) proofs to enable secure and private transactions across different blockchain networks while generating yield. This allows seamless transfer of assets and information between chains without compromising security or revealing sensitive data.
By leveraging ZK proofs, Multipli fi can offer enhanced privacy, reduced transaction costs, and improved scalability for its cross-chain yield generation strategies.
What are RWAs (Real World Assets)?
Real World Assets (RWAs) are physical assets that have been tokenised on a blockchain. These can include real estate, commodities, art, or other tangible assets.
What are xBTC/ xUSDT, etc?
These are liquid staking tokens (LST) representing Bitcoin/ USDT respectively, which are given to the user in exchange for putting funds into Multipli.
What are tORBs?
These are loyalty points given to the user as a reward for using Multipli, and they can be utilised in upcoming campaigns.
Security
Is my personal information safe?
Data privacy is one of Multipli fi’s top priorities, and comprehensive measures are in place to protect users’ personal information.
Are my funds safe with Multipli fi?
Your assets are safe on Multipli fi because we use MirrorX technology to mirror your tokens on a custodial platform at a 1:1 ratio. So your funds remain safe on-chain while earning rewards on Multipli fi.
What is MirrorX technology and how does it work?
MirrorX allows institutions to securely and efficiently delegate their assets from one platform to another. The assets remain in the custody of the original platform while earning rewards on the delegated platform. This simplifies the yield generation process for institutions and reduces the risk associated with transferring assets between different platforms.
What happens in case of a hack or security breach?
If an exchange fails, user funds will remain safe because they are locked up on-chain. Multipli will transfer collateral to another exchange and hedge the outstanding delta.
Miscellaneous
Does Multipli fi have a mobile app?
No, Multipli fi does not have a dedicated mobile app at the moment.
What happens to my yield if I sell my xUSDT tokens?
When you sell your tokens, the yield ownership transfers to the new owner, along with any future yield generated after the sale.
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