# IRO Strategies: Intern TZ Fixes Interest Rates

Dopex-EssentialsDopex-Papers

# The Basics

###### Curve Finance is a decentralized exchange (DEX) that allows users to provide liquidity that enable traders to conduct high volume low-slippage transactions on pegged assets, most typically stablecoins. Liquidity providers (LPs) generate income from transaction fees as well as $CRV emissions. ###### These$CRV emissions are determined by a pool’s gauge weight. The more veCRV votes allocated to a pool, the more $CRV emissions that the pool receives. There are a lot of variables that could determine an LPs return including: 1.$CRV price
2. Gauge weight to pool
3. TVL of pool
4. Trading volume in the pool

# The Dopex Tie-In

###### The introduction of Dopex’s IROs gives LPs the opportunity to fix their rates. As a reminder, IROs can either be:
1. Call Options: Gives the buyer the right, but not the obligation, to receive the floating rate and pay the strike rate.
2. Put Options: Gives the buyer the right, but not the obligation, to receive the strike rate and pay the floating rate.

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