Term Finance v1
  • Introduction to Term Finance
  • Protocol
    • Term Repos
      • Key terms
      • Margin maintenance
      • Maturity
      • Collapse position
      • Defaults
        • Liquidation
        • Liquidation protection
      • Terminology
      • Conventions
      • Rollovers
    • Term Auctions
      • Auction characteristics
      • Auction timeline
      • Complete Auction
        • Clearing rate
        • Assignment
        • Settlement
      • Terminology
    • Term Repo Tokens
      • Key metadata
      • Valuation
    • Fees and Penalties
      • Servicing Fee
      • Liquidated Damages
    • Risk Disclosures
      • Term Repo Risks
      • Smart Contract Risk
      • Digital Asset Risk
      • Ethereum Network Risk
    • FAQ
  • PERIPHERY
    • Blue Sheets (Simple-Earn)
      • Security Audits
      • GitHub Repo
      • FAQ
  • Developers
    • Developer Docs
    • Security Audits
  • Legal
    • Terms of Use
    • Privacy Policy
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On this page
  • Q: What are the Blue Sheets?
  • Q: Where does the yield come from?
  • Q: Are there any fees?
  • Q: What are the risks?
  1. PERIPHERY
  2. Blue Sheets (Simple-Earn)

FAQ

Quick answers to common questions about the Blue Sheets: Learn how yields work, understand fees and risks, and discover how to earn fixed rates from Term auctions.

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Last updated 6 months ago

Q: What are the Blue Sheets?

The Blue Sheets are designed for users who want access to fixed rates but don't have time to monitor Term auctions. Through the Blue Sheets, users can filter, search, and supply funds to earn fixed rates from past auctions with just a single click. There are no minimums, no slippage, and no hidden fees.

Q: Where does the yield come from?

Yields come from Term auctions, where borrowers compete to take out fixed-rate loans by bidding interest rates they're willing to pay. These borrower-paid interest rates become the fixed yields that lenders can earn through the Blue Sheets. All loans are over-collateralized, with borrowers' collateral tokens held in non-custodial smart contracts as security.

Q: Are there any fees?

No hidden fees - the rate you see is the rate you'll receive. Published rates are transparent and final (set at 0.25% below auction rates), with users responsible only for network gas fees.

Q: What are the risks?

Like all DeFi activities, lending through the Blue Sheets carries risks including smart contract vulnerabilities, oracle failures, network issues, and liquidation risks. During market volatility, there may not be enough liquidity to fully cover repayment through liquidations. Please review our detailed before participating.

Risk Disclosures