Opening a Position
Meet Ben. He has 0.1 ETH and wants larger exposure to ETH without using loans or leverage. Through Lora Finance, he opens a position for 1 ETH of upside. In the app, he selects ETH and chooses 1 ETH exposure. The rent rate is 10% APR (about 0.000273 ETH/day). After he confirms:- Lora allocates 1 ETH from the vault to back his position.
- A Superfluid stream begins, letting Ben continuously pay a small rent fee.
- His position is recorded as +1 ETH exposure at the entry price (e.g., $1800).
Maintaining the Position
As ETH’s price moves, Ben’s PnL changes exactly as if he owned 1 ETH. For example, if ETH rises from $1800 to $1860, Ben has a $60 gain, while paying only around $0.50 in daily fees. On his dashboard, he can easily track his exposure, entry price, current price, unrealized P/L, and the small amount of fees paid so far. If the market moves against him, he simply sees a negative P/L. But because Lora has no liquidation mechanism, he can keep the position open and wait for a recovery as long as he continues paying his streaming fee. Even if rent rates rise due to higher demand, he can choose to keep going or close the position at any time.Closing the Position
After a week, Ben decides to close. ETH has risen to $2000, giving him a $200 gain (about 0.1 ETH). Over the week, he paid only a tiny amount in rent, around 0.00019 ETH. When he closes, Lora calculates his profit and pays him 0.1 ETH from the vault. If he deposited anything initially, it is returned minus whatever fees were already charged. The vault loses 0.1 ETH but keeps all the rent fees Ben paid. If ETH had fallen instead, Ben might close at a loss and receive nothing back—but he would never owe extra money or carry debt. His only losses would be the fees paid and the missed upside, similar to holding ETH and selling it lower, but with far less capital at risk.Overall, Ben’s experience with Lora Finance is simple and stress-free. He gains the upside of a full 1 ETH position while committing only a small amount of capital and paying a continuous, predictable fee. He never faces sudden liquidations, never risks going into debt, and always retains full control over when to exit. Even if his wallet runs out of funds, his position simply closes rather than turning into an obligation. In the end, Lora gives Ben a flexible, low-risk way to access crypto exposure—one that feels much safer and smoother than traditional leveraged trading.