Welcome to the Shorter documentation.

Shorter Finance is a 100% on-chain infrastructure from IPI Labs. It comprises venues for 2,000+ altcoin single-sided farming and customized derivatives trading, bringing margin trading and physical delivery to the blockchain landscape with the ethos of open source.

Some of Shorter’s prominent features:

  • Full-fledged token pools
  • Direct lending pattern
  • Flexible position holding duration
  • Constant liquidity driven by AMM
  • Protect traders away from dramatic spikes
  • Physical delivery of cross-chain assets
  • Transparent position lifecycle management
  • Negative trading slippage reduction
  • 0% debt auction bidding fees
  • Autonomous on-chain debt collection and liquidation

Prerequisite Readings

Shorter’s Anatomy

  • Pools: It originally focused on unstable tokens which users could deposit and underneath the assets are shifted between markets depending on which offers the highest yield.
  • Trading Hub: Core ingredient for handling synergies between the users and positions, some functions of which we will outline in this document.
  • Position: Managed by Trading Hub and Auction Hall. Its lifecycle shifts in obedience to the prescribed rigorous rules before.
  • Auction Hall: A venue built on contractual logic supporting the debt bidding and recovering activities.
  • Committee: Similar to committees in real but even more decentralized.
  • Farming: This can be of notable assistance to help users care more about their earnings, either interaction with smart contracts or getting involved in activities.
  • strToken: The staking proof token distributed by Pools.
  • Vault: It gives far more opportunities for arbitrage rulers to bid on Legacy assets through a set of open interfaces.
  • Treasury: This is a catch-all for protocol revenue.

First Steps

To get the most out of Shorter, start by reviewing these introductory topics below:

Stay tuned