# iGain

## What is [iGain](https://igain.finance/)? <a href="#what-is-igain" id="what-is-igain"></a>

iGain is a decentralized financial instrument protocol that provides the **options** for investors to hedge/profit/speculate on certain targeting underlying assets with **a synthetic, tokenized position**.

## How does iGain work? <a href="#how-does-igain-work" id="how-does-igain-work"></a>

iGain tokenizes the Call/Pull options of underlying assets into **Long/Short tokens**. Then, we adopt the **AMM** mechanism to create a secondary market of Long/Short tokens. Investors might hedge against a certain risk or earn a profit in a period through holding Long/Short tokens.

## Why iGain? <a href="#why-igain" id="why-igain"></a>

Since the booming development of decentralized finance, an on-chain financial ecosystem is thriving. More and more advanced financial instruments would be crucial for investors. iGain provides a fully decentralized way of options tool. With iGain, the decentralized financial ecosystem on the Ethereum blockchain would be better for all the investors to control risks.

## What can I do with iGain? <a href="#what-can-i-do-with-igain" id="what-can-i-do-with-igain"></a>

### As a trader <a href="#as-a-trader" id="as-a-trader"></a>

Investors in decentralized finance might consider iGain as a financial instrument. Spare some budget to purchase the Long/Short tokens in iGain may earn a profit so that investors could perfectly hedge against certain risks.

### As a liquidity provider <a href="#as-a-liquidity-provider" id="as-a-liquidity-provider"></a>

AMM mechanism requires liquidity providers. To serve as liquidity of Long/Short tokens could **earn trading fees** and **reward of liquidity mining program**.

​

## iGain Universe

In this iGain ecosystem, we can create a variety of financial derivatives by merely changing price settlement mechanisms based on the investment target.

There are two products in iGain Universe, namely:

### [iGain - Impermanent Gain](https://igain.finance/ig):

Impermanent Gain can be regarded as **the antimatter of impermanent loss**. Impermanent Gain consists of two tokens: Long token and Short token, which are empowered to long or short the IL. By holding the Long token, it will be able to offset the IL of holding a certain size of LP position. Therefore, liquidity providers can hedge against the risk of impermanent loss through Impermanent Gain.

### [**iGain - Interest Rate Synth**](https://igain.finance/irs)**:**

iGain - Interest Rate Synth (IRS) represents the second product in the iGain ecosystem. **It is an interest rate derivative providing lenders and borrowers a platform to hedge** against the risk of future changing interest rates. It empowers investors to lock future interest rates, by purchasing Long and Short tokens.

For more details, please visit our iGain GitBook:

<https://hakkafinance.gitbook.io/igain/>