Oryn Finance

The First CDP Protocol for Uniswap NFTs

Oryn Finance enables you to use your Uniswap V3 liquidity position NFTs as collateral to borrow our stablecoin (OrynUSD). Access liquidity from your locked LP positions while still earning trading fees from Uniswap.

What We Do

Problem: Uniswap V3 liquidity positions are represented as NFTs, leaving billions in idle, locked liquidity that can't be directly borrowed against.

Solution: Oryn Finance creates NFT-backed Collateralized Debt Positions (CDPs) that allow you to:

• Use Uniswap LP NFTs as collateral
• Borrow our stablecoin (OrynUSD)
• Continue earning trading fees from your Uniswap positions
• Access capital efficiency in DeFi

How It Works

Step 1: Connect Your Wallet

• Connect your wallet to the Oryn Finance platform
• Ensure you have Uniswap V3 liquidity position NFTs in your wallet

Step 2: Select Your NFT

• Browse your available Uniswap LP NFTs
• Select the NFT you want to use as collateral
• View detailed information about your position:
  • Token pair and fee tier
  • Current value in USD
  • Fees accumulated
  • Liquidation threshold

Step 3: Deposit Your NFT

• Approve the Oryn contract to transfer your NFT
• Deposit your Uniswap LP NFT as collateral
• Your NFT is now locked in the Oryn protocol

Step 4: Borrow OrynUSD

• Calculate your maximum borrow power (80% of NFT value)
• Enter the amount of OrynUSD you want to borrow
• Mint OrynUSD tokens to your wallet
• Continue earning fees from your original Uniswap position

Step 5: Monitor Your Position

• Track your health factor to avoid liquidation
• Monitor your debt and collateral values
• View real-time position metrics

Step 6: Repay and Withdraw

• Repay your OrynUSD debt to reduce your loan
• When debt reaches zero, redeem your NFT
• Get your original Uniswap position back

Key Features

NFT-Backed CDPs: Use Uniswap LP NFTs as collateral instead of traditional fungible assets

Capital Efficiency: Access liquidity while still earning trading fees from Uniswap

Stable & Composable: Borrow a stablecoin (OrynUSD) that's usable across the entire DeFi ecosystem

Health Factor Monitoring: Real-time tracking to prevent liquidations

Automatic Approval: Smart approval system for seamless token interactions

How It Really Works

1. Collateralization: Your Uniswap V3 NFT represents a concentrated liquidity position with real value
2. Borrowing Power: You can borrow up to 80% of your NFT's USD value in OrynUSD
3. Fee Continuation: Your original Uniswap position continues earning trading fees
4. Liquidation Protection: Health factor monitoring ensures your position stays healthy
5. Stablecoin Utility: Borrowed OrynUSD can be used across DeFi protocols
6. Flexible Repayment: Pay back your debt anytime to unlock your NFT

Risk Management

• Health Factor: Must stay above 1.0 to avoid liquidation
• Liquidation Threshold: Automatic liquidation if health factor drops too low
• LTV Ratio: Maximum 80% loan-to-value ratio for safety
• Real-time Monitoring: Continuous tracking of position health

Getting Started

1. Have Uniswap V3 NFTs: Own liquidity position NFTs from Uniswap V3
2. Connect Wallet: Link your Web3 wallet to the platform
3. Select Position: Choose which NFT to use as collateral
4. Deposit & Borrow: Lock your NFT and mint OrynUSD
5. Use Your Capital: Deploy borrowed OrynUSD across DeFi
6. Monitor & Repay: Keep track of your position and repay when ready

Oryn Finance unlocks the hidden value in your Uniswap V3 positions, giving you access to capital while maintaining your yield farming strategies.