Multipli v1
General
What is Multipli v1?
Multipli v1 allows you to buy and hold xTokens to generate yield on your assets. Multipli v1 uses delta-neutral arbitrage strategies such as Contango and Spot-Perpetual Arbitrage to deliver high yield.
What are xTokens?
xTokens are Multipli’s yield-bearing tokens. When you buy xTokens in Multipli v1, delta-neutral trading strategies are applied to it and yield is generated. For more information of xTokens, visit the xTokens FAQs section below.
Which tokens and networks are currently supported by Multipli v1?
Currently, Multipli supports wBTC, USDC and USDT on the Ethereum and BSC networks.
What are ORBs?
ORBs are rewards given to users for holding xTokens on Multipli. For more information of ORBs, visit the ORBs FAQs section below.
What are Crystals?
Crystals are Multipli’s creator currency, a unique reward system for yappers that will determine a creator’s final allocation at TGE. For more information of Crystals, visit the Crystals FAQs section below.
Buy
How can I buy xTokens?
You can buy xTokens on Multipli in 4 simple steps:
Connect your wallet to the Multipli platform.
Go to the Buy tab on the landing page.
Select the network and xToken of your choice and enter the amount you want to buy.
Confirm the transaction and wait for it to be processed.
Why should I hold xTokens?
xTokens are Multipli’s yield-bearing tokens. When you hold xTokens, they generate yield for you.
Which xTokens can I currently buy on Multipli?
Currently, you can buy xwBTC, xUSDT and xUSDC on the Ethereum and BSC network.
How can I cancel a transaction?
Unfortunately, any transaction initiated cannot be cancelled due to the nature of our application.
Sell
How do I sell xTokens on Multipli?
You can sell xTokens on Multipli in 4 simple steps:
Access the Sell tab on Multipli.
Select the network and the xToken you wish to sell.
Click Stop Yield & Withdraw.
Confirm the transaction and wait for it to be processed.
How do I withdraw my tokens from Multipli?
You can sell your xTokens to withdraw your tokens from Multipli.
How long does it take for the sell transaction to complete?
It will take from 7 to 14 days to sell your xTokens, depending on when you initiate the withdrawal. This is what our withdrawal cycle looks like:
Withdrawals initiated by Thursday 11:59 PM UTC will be processed on the Thursday of the next week.
Withdrawals initiated after Thursday 11:59 PM UTC will be processed on the Thursday after two weeks.
How can I cancel Stop Yield & Withdraw?
Unfortunately, any transaction initiated cannot be cancelled due to the nature of our application.
Is there any fee for sell or withdrawing my funds?
You are charged a transaction fee based on the estimated gas fee required to withdraw your funds.
Can I sell or withdraw my funds partially from Multipli?
The partial withdrawal/sell feature is live on Multipli. However, it is currently restricted to users who have a Multipli balance of above $10K. It will be rolled out to more users soon.
Yield
How do I claim my yield?
You can claim yield on Multipli in 4 simple steps:
Access the Yield tab on the Buy page.
Select the network and the xToken you wish to claim yield from.
Click Claim Yield.
Confirm the transaction and wait for it to be processed.
How does Multipli generate yield?
Multipli employs delta-neutral strategies like Contango Arbitrage and Spot-Perpetual Arbitrage on our yield-bearing xTokens to generate yield. You can learn more about how Multipli generates yield here.
How much yield (APY) does Multipli generate?
Multipli’s APY figures may vary over time. Stay updated on APY figures by checking the Stats page regularly.
How long does it take for my yield to be processed?
It will take from 7 to 14 days for your yield to be processed.
The yield claim cycle looks like this:
Claims initiated by Thursday 11:59 PM UTC will be processed on the Thursday of the next week.
Claims initiated after Thursday 11:59 PM UTC will be processed on the Thursday after two weeks.
Will claiming yield sell all of my xTokens?
No, when you claim yield, only the yield is exchanged to the respective tokens and transferred to your wallet.
How can I cancel a yield claim?
Unfortunately, any transaction initiated cannot be cancelled due to the nature of our application.
xTokens
Which xTokens does Multipli currently support?
Currently, Multipli supports xwBTC, xUSDT and xUSDC on the Ethereum and BSC networks.
Can I withdraw xTokens from my Multipli account?
No, you can’t withdraw xTokens. You can only sell them to get your original tokens back to your wallet.
Can I use Multipli’s xTokens outside of Multipli?
No, they can only be used to generate yield in Multipli.
How does xTokens generate yield?
Delta-neutral strategies are applied to your xTokens to generate yield. You can learn more about how xTokens generate yield here.
ORBs
Are tORBs the same as ORBs?
tORBs and ORBs are a bit different from each other. tORBs (testnet ORBs) are distributed for holding testnet xTokens and ORBs are distributed for holding mainnet xTokens.
How do I earn ORBs?
You can earn ORBs by buying and holding xTokens. The number of ORBs you earn changes with every season. Learn more about it on our roadmap.
How many ORBs can I earn in a month?
The amount of ORBs you can earn over time depends on how many xTokens you hold. In each season, the number of ORBs you earn per xToken varies. Learn more about it on our roadmap.
Wallet
How do I connect my wallet to Multipli?
You can connect your wallet to Multipli by:
Clicking on Connect Wallet on the Multipli app.
Select your preferred wallet and complete the required signatures.
Which wallets are currently supported by Multipli?
Currently, Multipli supports over 440 wallets, including Metamask, Braavo, Trust Wallet and WalletConnect.
How do I connect my wallet to Multipli?
You can connect your wallet to Multipli by:
Clicking on Connect Wallet on the Multipli app.
Select your preferred wallet and complete the required signatures.
How many signatures does it require to connect your wallet to Multipli?
You need to sign 3 times to connect your wallet to Multipli.
Referrals
Where can I find my referral codes?
You can access your referral codes in the Orbs tab on the Orbs page.
What are the benefits of referral codes?
By referring Multipli to users, you will earn 10% of the Orbs they generate daily. You can access your referral codes in ORBs tab on the ORBs page.
Crystals
What are Crystals?
Crystals are Multipli’s creator currency, a unique reward system for yappers that will determine a creator’s final allocation at TGE.
How can I earn Crystals?
You can earn up to 100 Crystals by following the Multipli handle on X.
Crystals are also credited to the top 200 Multipli yappers on a weekly basis.
It is based on:
The yapper’s mindshare in the Multipli x Kaito Leaderboard
How can I view my Crystals?
To claim your Crystals, visit app.multipli.fi/crystals and connect your Twitter account to view your Crystal balance.
How often are Crystals distributed to yappers?
Crystals are distributed to yappers on a weekly basis.
What is the value of Crystals?
The value of Crystals changes every month. A maximum price for Crystals is set at the beginning of each month, but it is subject to change as more Crystals are sold throughout the month.
Price of Crystal for a month = Maximum price per Crystal for that month/Total Crystals sold that month.
When is the final price per Crystal determined?
The final price per Crystal is determined on the 28th of every month.
How long does it take to process my Crystal sell request?
You can sell your Crystals at any time during a month. It is queued and sold on the 28th each month after the final price has been determined. The funds will then reach your account within 7 days.
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